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Sky News
Starbucks plans to open 100 new UK sites in Europe expansion
Starbucks has announced plans to open 100 new stores in the UK over the next 12 months as part of a Europe-wide investment programme.The US coffee chain, which already has just over 1,000 sites in the country, said it was also aiming to complete a refurbishment of its store estate over the next three years …
Business
Business Live
Cornish Metals reports ‘very good progress’ for Cornwall tin mine project
Cornish Metals has said it is “on track” to deliver a key stage of its plans to restart tin mining at Cornwall’s South Crofty mine. The Canadian-headquartered mining company has updated inventors to say it has made “very good progress”, as it targets production in 2026 at the historic mine, which closed in 1998. The …
Business
Business Live
Jet2 creates 60 jobs amid investment into Newcastle Airport operations
Airline operator Jet2 is creating around 60 new jobs at Newcastle International Airport after ramping up operations. Jet2.com and Jet2holidays is preparing for its biggest ever summer operation at the airport, where it now has eight aircraft based on site with plans to increase to nine during the peak summer season. The airline and tour …
Business
Evening Standard
Toblerone to drop Matterhorn logo from packaging over ‘Swissness’ rules
The image of the Matterhorn mountain is to be removed from Toblerone packaging as some of the chocolate bar’s production moves outside Switzerland.Toblerone’s pyramid-shaped pieces, which are studded with almond and honey nougat, are intended to resemble the Swiss peak that currently features on the bar’s packaging.That image will now be replaced with a more …
Business
Evening Standard
New car market grows the seventh month in a row
The UK’s new car market has grown for seven consecutive months, new figures show.Some 74,441 new cars were registered last month, up 26.2% on February 2022, the Society of Motor Manufacturers and Traders (SMMT) said.The increase is due to an easing of global supply chain shortages, according to the industry body.The SMMT anticipates that registrations …
Business
Evening Standard
UBS chief sees pay packet jump 11% while bonus pool cut for bankers
The boss of Swiss banking giant UBS enjoyed an 11% boost in his total pay package to nearly £11 million last year, despite the bank reducing its bonus pool to share among staff.Ralph Hamers, the group’s chief executive, took home 12.2 million Swiss francs (£10.9 million) as the bank saw its net profit rise by 2% …
Business
Evening Standard
West End landlords Capco and Shaftesbury complete mega-merger
Central London landlords Shaftesbury and Capital & Counties (Capco) have officially merged, uniting much of Soho and Covent Garden under a single ownership.The combined business, which will be named Shaftesbury Capital, will have a portfolio of properties worth £4.9 billion, made up of over 2.9 million square feet of lettable space.Shaftesbury shareholders will receive will …
Business
Evening Standard
Capita seals deal to offload human resources businesses in latest division sale
Outsourcing firm Capita has agreed a £21 million deal to sell its human resourcing businesses as it presses ahead with a plan to focus on key divisions and cut its debt.The firm said it will offload Capita Resourcing, HR Solutions and ThirtyThree to London-based private equity firm Inspirit Capital.The businesses provide human resourcing services to …
Business
Business Live
Tech firm WANdisco confirms it is exploring plans to list in America
Yorkshire technology firm WANdisco has confirmed that it is exploring moves to list on an American stock exchange A statement from the Sheffield-based firm comes at a time when the UK stock exchanges are under pressure following a number of moves from companies linked to this country to instead seek listings in the US. WANdisco …
Business
Sky News
Almost 500,000 new hybrid and electric cars expected on UK roads this year as demand spikes
Almost 500,000 new hybrid and electric cars will be seen on UK roads this year, according to new industry projections, following a spurt in production and sales.The Society of Motor Manufacturers and Traders (SMMT) said pure electric vehicles (EVs) accounted for almost a quarter of the market last month as sales rose by 18.2% during …
Business
Business Live
What does the future hold for Studio Retail a year after its very public collapse and rescue by Mike Ashley’s Frasers Group?
It’s been just over a year since Studio Retail’s very public collapse and subsequent rescue by Mike Ashley’s Frasers Group. Because of its size and being a public company, the Lancashire-based online retailer’s failure and rise from the ashes was reported on every step of the way. But 12 months on, what has changed at …
Business
Business Live
Hundreds of jobs created by PPE maker Globus Group as sales continue to rise
One of the UK’s largest PPE makers created over 200 jobs while its sales continued to rise during its latest financial year, according to newly-published documents. Globus Group, which is headquartered in Manchester, increased its headcount from 489 to 700 employees in the 12 months to May 31, 2022. The accounts filed with Companies House …

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