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Sky News
Sunak to meet business leaders for talks on boosting economy
The prime minister will hold talks on Friday with executives from some of the world’s biggest companies as he seeks fresh ideas to boost Britain’s economic prospects.Sky News understands that Rishi Sunak will attend a meeting of the UK Investment Council, which counts executives from Airbus, HSBC, the 3 UK owner Hutchison Whampoa, Nestle and …
Business
Sky News
Nursery fees ‘to rise by £1,000 this year’ – forcing parents to quit work
The soaring cost of childcare in the UK is revealed in new figures today, suggesting nurseries will raise fees by £1,000 this year.A survey of 1,156 providers by the Early Years Alliance found nine out of 10 expect to increase fees, typically in April, and by an average of 8% – higher than in previous …
Business
Business Live
From farming robots to coral reef ‘cubes’: The tech firms named ones to watch in the South West
Farming robots, ‘Google Maps for boats’ and artificial coral reef cubes are amongst the technologies celebrated in the first ever Tech South West Ones to Watch company showcase in 2023. Nominated by tech hubs, clusters and science parks across the South West, the Ones to Watch project showcases 22 of the tech sector’s most exciting …
Business
Business Live
More than 11,000 young people in Wales supported to find work
More than 11,000 young people have been supported to find jobs during the first year of the Welsh Government’s youth employment programme, Economy Minister, Vaughan Gething has confirmed. Its Young Person’s Guarantee (YPG) provides under 25s in Wales with the offer of support to gain a place in education or training, find a job or …
Business
Business Live
National Apprenticeship Week 2023: Fresh funding round for apprenticeship campaign
A campaign launched to create new apprenticeships across Birmingham and Solihull has received a fresh round of funding. The Ladder for Greater Birmingham is now targeting 1,000 new apprentice starts after securing £50,000 in backing from the Greater Birmingham and Solihull Local Enterprise Partnership (GBSLEP). This is the fourth round of funding from the LEP …
Business
Business Live
Jobs saved after film and TV equipment hire firm bought out of administration
Jobs have been saved after a Greater Manchester firm that hires out film and TV equipment was bought out of administration. Newton Heath-based Pro-Motion Hire has been acquired by Pixipixel Rental for an undisclosed sum. The deal, which was secured by administrators from business advisory firm Quantuma, has saved all 28 jobs. READ MORE: Click …
Business
Evening Standard
Watches of Switzerland sales grow as timepieces become “investment assets”
There was no sign of a slowdown in the luxury watch market, as Watches of Switzerland reported a 17% increase in revenue for the three months to 29 January, but shares fell amid slow growth in jewellery sales.The company, which owns brands including Rolex, Patek Philippe and TagHeuer, brought in £402 million during the period. …
Business
Business Live
Former company of the year Metnor Construction to file for administration
Newcastle contractor Metnor Construction has filed a notice of intention to appoint administrators. The Killingworth company, which won the Northumberland and Tyneside Company of the Year award in 2017, is understood to have been in early discussions with business advisors in the North East, after falling into financial difficulties. Calls to the company’s group head …
Business
Evening Standard
End of vaccine boost for AstraZeneca as it looks elsewhere for growth
The boost to Astrazeneca’s growth fuelled by its coronavirus vaccine is coming to an end as the firm looks to new medicines for future streams of income.The Cambridge-based business said it would see double-digit growth excluding Covid-19 medicines in 2023, but more modest single-digit growth when they are factored in.Boss Pascal Soriot said: “We plan …
Business
Sky News
Inflation-busting public sector pay rises risk stoking inflation, Bank of England governor warns
The governor of the Bank of England has told MPs that its forecasts for inflation to more than halve this year are at risk from price and wage-setting as unions continue to demand large public sector settlements.Andrew Bailey was speaking after the Bank raised its base level of interest rates to 4% from 3.5% last …
Business
Evening Standard
Unilever warns on inflation — it is not over yet
THE cost of basic foodstuffs and other kitchen staples will keep rising for at least another six months, consumer goods giant Unilever warned today.In a clear sign that the battle against inflation is not yet won, the maker of everything from Hellman’s mayonnaise to Dove soap and Domestos bleach said price increases that will exacerbate …
Business
Sky News
RMT union rejects latest pay offers
Tens of thousands of rail workers may return to picket lines after their union rejected revised pay offers to avert more walkouts.The RMT union had been deliberating over a 5% pay rise, backdated to January last year, along with a 4% hike for 2023. The offer was made by train operators and Network Rail during …

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