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18.02.2023 - 19:40
Business
Evening Standard
Children returning to UK from half-term trips delayed by Calais strike action
Children and teachers returning to the UK from half-term school trips have been hit by delays of more than six hours at Calais amid strike action by Border Force staff.Members of the Public and Commercial Services (PCS) union working at French ports began industrial action over pay on Friday, with strikes due to continue until …
18.02.2023 - 15:57
Business
Evening Standard
Teachers will win dispute with Scottish Government, union official claims
Scottish teachers in dispute over pay with the Government will win, the president of the country’s biggest teaching union has said.Staff have been locked in sometimes fraught negotiations with the Scottish Government and councils for months, prompting multiple days of walkouts and further action planned in the constituencies of key politicians.Teachers will take action this …
18.02.2023 - 13:46
Business
Sky News
Railway engineering workers to stage 48-hour strikes after rejecting pay offer
Railway engineering workers are set to take part in a series of 48-hour strikes next month due to a pay dispute.The action comes after the workers at infrastructure group Balfour Beatty overwhelmingly rejected the company’s offer of a 5.5% increase in pay. Members of the Rail, Maritime and Transport (RMT) union will take strike action …
18.02.2023 - 08:24
Business
Sky News
Supermarket giant Tesco to explore sale of banking arm
Tesco, Britain’s biggest supermarket chain, is to kick off a review of its presence in the UK banking sector – a move that could lead to a sale of the business.Sky News has learnt that the grocery giant is lining up Goldman Sachs to advise on the future of Tesco Bank, which launched in 1997. …
18.02.2023 - 00:01
Business
Evening Standard
Consultation launched on banning sale of peat in Scotland
Ministers have launched a consultation as they prepare to ban the sale of peat in Scotland.Under the plans, the retail sale of peat for home gardens will be prohibited first, before consideration is given to how a wider ban would impact businesses.The Scottish Government is therefore seeking the views of gardeners and commercial growers as …
17.02.2023 - 21:21
Business
Evening Standard
The FTSE 100 just passed 8000, a new record. What does that mean for you, your finances and the UK economy?
What is the FTSE 100?An index of the biggest 100 companies listed in London, which is owned and run by the London Stock Exchange.The index began in January 1984 at the base level of 1000. Many of the companies in it are internationally focussed.The US equivalent is the Dow Jones, which is even narrower than …
17.02.2023 - 21:20
Business
Evening Standard
NatWest profits jump but CEO Alison Rose admits: It’s high anxiety time
NATWEST made its highest profits since the financial crash and chief executive Alison Rose also cashed in, with a leap in pay from £3.6 million to £5.2 million.The 33% jump in profits to £5.1 billion, the best since 2007, is likely to attract attention alongside the rise in executive pay amidst a cost-of-living crisis that …
17.02.2023 - 21:18
Business
Evening Standard
PurpleBricks puts up ‘for sale’ sign and announces fresh layoffs after profit warning
Online estate agent PurpleBricks could be sold as the business launched a strategic review and announced a profit warning alongside yet another round of redundancies this morning.The PurpleBricks board said that while the brand had value because of its name recognition, it may be more likely to reach its potential “under an alternative ownership structure”.“We …
17.02.2023 - 17:48
Business
Business Live
Northern Ireland exports to Republic jump one third as PM attempts to resolve Protocol standoff
As negotiations around the Protocol rumble on, Northern Ireland is finding a thirsty buyer from its nearest neighbour in the Republic which increased its imports from the region by over £1 billion last year. Imports to the Republic from Northern Ireland climbed by 32% to £4.8 billion in 2022, a jump from £3.6 billion in …
17.02.2023 - 17:24
Business
Business Live
Reach launches new initiative to help businesses embrace the challenges of 2023
An initiative designed to help businesses “thrive in challenging times” has been unveiled by a national and regional news brand owner. Reach, publisher of this website and dozens more news sites across the UK, has launched Make It Happen to help businesses market themselves in the most effective way possible during the current climate. Make …
17.02.2023 - 16:56
Business
Business Live
Ashington’s Polar Krush set for growth following Calippo licence deal
Northumberland iced drinks company Polar Krush is set for growth on the back of a new licence deal. The Ashington frozen drinks maker says it will create new jobs on the back of acquiring a licence to start selling the worldwide brand Calippo in a new flavour called Magic Blue. The firm has added the …
17.02.2023 - 16:36
Business
Business Live
Entrepreneurs showed resilience during crisis
Over the last few weeks, I’ve been talking to a lot of founders of new and growing businesses about the impact of the Covid pandemic on their firms and the subsequent recovery since 2020. One of the things that I noticed immediately was how hard many entrepreneurs have been on themselves as their businesses have …
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