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Evening Standard
Firms with four-day working week ‘more productive, profitable and happier’
Businesses that have adopted a four-day working week for all staff have said they are more productive and profitable, and hailed a healthier and happier workforce.It comes as the world’s biggest trial of a four-day working week was deemed a success by researchers, as the vast majority of companies involved said they will continue to …
Business
Sky News
‘Major breakthrough’: Most firms say they’ll stick with a four-day working week after successful trial
The world’s biggest trial of a four-day working week has been hailed a success – with most of the companies involved saying they would continue offering a shorter week.A total of 61 companies across several sectors in the UK were involved in the pilot, which ran for six months from June last year. Employers had …
Business
Sky News
Mastercard and Visa to be hit with £7.5bn compensation claim
The global payment giants Mastercard and Visa are facing the latest in a string of multibillion-pound competition lawsuits with the launch of a potentially vast class action claim on behalf of British companies.Sky News has learnt that Harcus Parker, a London-based commercial litigation law firm, is close to filing what it believes will be among …
Business
Sky News
Virgin Media O2 dials up £100m bid for altnet rival Trooli
Virgin Media O2 and its shareholders are exploring a takeover bid for Trooli, one of the UK’s army of ‘altnet’ fibre broadband companies.Sky News has learnt that the telecoms giant, which is jointly owned by Liberty Global and Spain’s Telefonica, is among a substantial number of parties examining offers for Trooli as part of a …
Business
Evening Standard
Lush in legal row with ex-boss over £216.8m share sale
Hand-made cosmetics retailer Lush has been plunged into a legal dispute with a business set up by its former chief executive Andrew Gerrie over the sale of Gerrie’s stake in Lush.Silverwood Brands – a special-purpose acquisition company set up last year that lists Gerrie as a director – announced in December that it had acquired …
Business
Business Live
Housebuilder Cussins bucks market slowdown thanks to demand for rural properties
The director of Alnwick-based housing firm Cussins says only a lack of available land is constraining growth at the firm. Peter Cussins says the family-run business has benefited from buyers seeking rural homes on the back of the pandemic, plus a wave of people from the South wanting to escape overheated urban areas. The firm’s …
Business
Sky News
‘Lacklustre’: Govt plans to tackle sewage spills on beaches criticised for ‘repeating’ past mistakes
The government has been accused of going round in circles in its attempt to stop sewage pouring into England’s rivers and seaside.The environment secretary Thérèse Coffey has ordered England’s water and sewerage companies to share a “clear plan” to reduce spills from every single storm overflow. Pipes releasing into bathing waters and critical nature sites, …
Business
Evening Standard
Darktrace orders third-party review into finances as it fends off short-seller report
Darktrace has ordered an external report into its finances in a bid to fend off a short-seller report questioning the validity of its statements to shareholders.The cybersecurity firm has appointed accountancy firm Ernst & Young to provide an additional independent third-party review of its key financial processes and controls.In a 70-page report released at the …
Business
Evening Standard
BrewDog seals tie-up with Budweiser to expand across China
Craft brewery Brewdog is aiming to crack the Chinesemarket through a new joint venture with Budweiser China.Brewdog China will use Budweiser’s sales and distribution network in order to sell beers such as Brewdog’s Punk IPA and Elvis Juice. It aims to start selling its products in China next month.These beers will be produced at Budweiser …
Business
Evening Standard
Link eyes sale of UK unit amid talks with FCA over Woodford settlement
Australia’s Link Group has said it is in exclusive negotiations to sell its UK Fund Solutions division as talks take place over a settlement with the UK financial regulator over an investigation into the unit.The share registry business said on Monday that it is discussing a settlement with the Financial Conduct Authority (FCA).The FCA also …
Business
Evening Standard
FTSE 100 Live: Blue-chip index above 8000, house prices flat
The FTSE 100 today made tentative progress after closing above 8000 last week.A strong end to Friday trading in the US and a solid performance in Asia this morning helped to consolidate recent gains.Elsewhere, data from Rightmove showed that house prices were flat in February.Live updatesShow latest updates 1676887028Brewdog sets sights on China with new …
Business
Sky News
Fish and chips are yet to reach price peak, industry boss warns
The boss of one of the UK’s largest fish and chips chains has told Sky News that industry prices are stabilising but yet to reach their peak.James Lipscombe, chief executive of The Chesterford Group which runs 38 takeaways and restaurants under several brands, spoke of a mammoth effort to maintain sales volumes as the industry …

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