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Evening Standard
More pubs and bars call last orders as costs spiral and sales sink
The number of pub and bar companies calling last orders has risen by more than 200 in a year, new figures suggest.Insolvencies rose from 280 in 2021 to 512 last year, accountancy group UHY Hacker Young said.Pubs and bars have faced rising energy and other costs and concerns over falling sales, it added.This is a …
Business
Sky News
Crisis deepens at MJ Hudson as auditor EY resigns 
The crisis engulfing MJ Hudson, the stricken asset management services provider, will deepen on Monday when it discloses that its auditor has resigned.Sky News has learnt that the London-listed company will announce that EY has quit less than 18 months after being appointed. The timing of EY’s resignation, coming so soon after its appointment, is …
Business
Sky News
Royal warrant-holder Hunter Boot on brink of £7m funding lifeline
Hunter Boot, the royal warrant-holding footwear brand, is close to landing a multimillion-pound funding lifeline that could pave the way for an outright sale.Sky News has learnt that Hunter is nearing a deal that will see existing shareholders injecting £5m, with lenders contributing a further £2m. The financing, which is expected to be finalised imminently, …
Business
Evening Standard
Heathrow workers to vote on strike action in pay dispute
Workers at Heathrow airport are to vote on whether to strike in a dispute over pay.Unite said over 3,000 of its members working as security guards, engineers and firefighters will begin balloting for strike action on February 17.The ballot will close a month later.The workers have rejected a 10% pay increase, which Unite says is …
Business
Business Live
The couple who risked all to open a craft beer bar in the pandemic – and turned it into a £500,000 business
It’s not easy starting a business from scratch, let alone trying to start a hospitality business during a pandemic. But that’s what Claire Whalley, 42, and her husband Tim, 41, did when they opened craft beer bar, Craft Republic, within the Goodsheds development in Barry. The couple opened the business in 2020, after giving up …
Business
Evening Standard
SNP calls for 20% cut to energy bills
The SNP has called on the UK Government to slash energy bills by at least 20% this year, claiming “households are being forced to pay through the roof for Westminster failures”.Ofgem, the independent regulator for the British energy market, confirmed the energy-price cap – which changes every three months – rose by 20% to £4,279 …
Business
Business Live
Newcastle healthcare firm on the hunt for 30 graduate recruits to boost musculoskeletal services
A healthcare company that provides services for NHS patients across the country is creating 30 jobs through its latest graduate development programme. Connect Health, which is based out of Quorum Business Park, is looking for physiotherapy, sports therapy and osteopathy graduates to become future musculoskeletal clinicians. The firm delivers a range of services including occupational …
Business
Sky News
Sportswear brand Castore gets into shape for $200m fundraising
Castore, the British sportswear brand backed by Sir Andy Murray, is in talks with investors about a $200m fundraising as it intensifies its battle with global rivals Adidas and Nike.Sky News has learnt that the Manchester-based business, which was founded by Liverpudlian brothers Phil and Tom Beahon, is working with bankers on plans to secure …
Business
Business Live
Tyneside construction giant Tolent facing huge financial issues
One of the North East’s largest construction firms is in severe financial difficulties that have put a question mark over its future. Gateshead firm Tolent is a £200m business which employs around 450 people. The company has been involved in some of the region’s largest recent building projects, including Hadrian’s Tower in Newcastle, the Milburngate …
Business
Evening Standard
Call for excise tax on disposable vapes to deter children
Health campaigners are calling for an excise tax on disposable vapes to stop children from being able to buy them for less than £5.Action on Smoking and Health (ASH) said adding £4 to each single-use vape, which currently cost around £4.99, would make them significantly less affordable for children while still less expensive than tobacco.Disposable …
Business
Evening Standard
Most London rental homes fail upcoming energy test
Six in ten private rental properties in London are not yet compliant with the new energy efficiency rules set to come into force in 2025, according to new research.By 2025, all newly rented properties must have an Energy Performance Certificate – which grades homes on energy efficiency – of C or above.Research from planning insights …
Business
Evening Standard
Green subsidy trade war is a huge distraction to climate challenge
As policy makers on both sides of the Atlantic engineer a land grab for clean tech companies, those at the coal face of investing in technology that can mitigate climate change need to remind everyone of what is important.We need to throw everything and the kitchen sink at climate change. Yet he world is falling …

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