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Sir James Dyson warns Rishi Sunak growth not ‘dirty word’ ahead of budget
The founder of household appliances giant Dyson has accused the government of a “short-sighted” approach to business, warning that growth should not be seen as a “dirty word”. Billionaire businessman Sir James Dyson has called on Prime Minister Rishi Sunak and Chancellor Jeremy Hunt to use the spring budget to “incentivise private innovation and demonstrate …
Business
Business Live
Santander joins HSBC, Allianz Insurance and JLL at Manchester’s Landmark after signing 11-year deal
Santander UK has signed up to take the whole of the eighth floor at the Landmark office development in Manchester city centre. The bank has signed an 11-year lease for the 14,012 sq ft space and will join the likes of HSBC UK, Allianz Insurance, Grant Thornton, JLL and social enterprise Change Please at the …
Business
Evening Standard
Premier Foods to shut factory in move impacting about 300 jobs
Mr Kipling cake firm Premier Foods has revealed plans to close one of its factories in a move impacting about 300 jobs.The group is proposing to close its Knighton manufacturing site in Staffordshire, which it said was “marginally” loss-making.It is launching a consultation with the 300 workers at the factory under a process that will …
Business
Evening Standard
Boohoo says delivery delays hurt demand as sales fall 13%
Boohoo has said delivery troubles are hurting demand as it saw a 13% drop in sales in 2022.The online fashion retailer, whose shares have fallen 55% in the past 12 months, said “extended delivery times compared to pre-pandemic levels [were] continuing to affect the proposition.”Sales in the UK fell 13% at constant currencies to £401 …
Business
Evening Standard
Deliveroo UK orders top £1 billion for the first time as Will Shu hails improved profitability
Quarterly orders in the UK and Ireland at Deliveroo topped £1 billion for the first time, as the fast food delivery business hailed strong demand despite the more troubled economic conditions.Gross transaction value, a measure of the size of total orders, climbed 9% to £1.03 billion in the region despite order numbers remaining largely unchanged, …
Press Release
Pressat
Surrey Sensory theatre charity set to send audiences clucking for more at England’s largest Arts Festival
Head2Head Sensory theatre, disabilities theatre charity in Surrey, is set to perform for the first time at the Brighton Fringe – the largest annual arts festival in England. The Chicken Circus, a Makaton Friendly multi-sensory show, is flapping its way to Brighton’s Memorial Hall, 3 Old London Road, Patcham, BN1 8XR on 20 & 21 …
Business
Sky News
Ferry services to and from Calais suspended as national strike begins in France
Ferry services to and from Calais are suspended today because of a national strike in France.P&O Ferries says it had produced an “optimised” sailing schedule, but has warned a “lack of details” means it cannot anticipate how much disruption there will be. “If your journey is not essential, we do advise that you rearrange your …
Business
Sky News
King asks for profits from £1bn wind farm deal to go to ‘wider public good’ – and not to the royals
The King has again signalled his wish to potentially shake up the way the monarchy is funded following a £1bn wind farm deal that could have created more money for the royals.Six new offshore wind energy lease agreements, announced by the Crown Estate, have generated a major windfall for the estate – and would usually …
Press Release
Pressat
Conveyor belt product manufacturer Hoverdale UK expands senior management team
Hoverdale UK Limited, a global provider of conveyor belt products and equipment, hard metals, and wear-resistant products, has appointed David Barter as Process Improvement Manager within the senior management team. The move is part of a broader growth strategy and to streamline operational efficiencies. David is an experienced CIO, Finance and Project Director with a …
Business
Sky News
Microsoft cuts 10,000 jobs as tech sector braces for slowdown
Microsoft has confirmed plans for 10,000 job cuts across its global operations as the US tech sector continues to adapt to the tougher economy.Sky News revealed on Tuesday how Microsoft, which employs more than 220,000 people including 6,000 in the UK, was finalising plans for the layoffs as sales growth is knocked by increased caution …
Business
Sky News
Windfall tax blamed as North Sea’s biggest oil and gas producer plans job cuts
Major North Sea oil and gas operator Harbour Energy has revealed plans for job cuts, blaming the impact of the government’s windfall tax on profits.A spokesperson for Harbour, the biggest offshore producer in UK waters, told the Reuters news agency the job losses would impact its head office functions in Aberdeen. They added that staff …
Press Release
Pressat
ILLIQUIDX’S HIGH COURT CLAIM AGAINST ALTANA WEALTH, LEE ROBINSON, STEFFEN KASTNER AND BREVENT ADVISORY SET FOR TRIAL IN EARLY 2024 – LONDON, UK (January 18, 2023)
IlliquidX – a leading distressed debt specialist – issued High Court Proceedings in the UK against Altana Wealth, Lee Robinson, Steffen Kastner and Brevent Advisory in July 2020 in relation to the launch of the Altana Credit Opportunities Fund SPF (the “ACOF Fund”). The proceedings allege breaches of confidence, as well as infringements of trade …

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