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Mining firm Cornish Metals makes discovery while drilling at South Crofty in Cornwall
Mining company Cornish Metals has found new high-grade tin while drilling at its mine in Cornwall. The AIM-listed firm said it made the discovery while carrying out work at the southern boundary of the South Crofty mine in the Duchy. The spot, called the ‘Wide Formation’, is an extension of the Great Flat Lode – …
Business
Evening Standard
Rail dispute ‘further away’ from being resolved, union leader warns
A union leader has warned that the bitter strike on the railways is further away from being resolved than when it started last year.Mick Whelan, general secretary of the Aslef train drivers’ union, was asked by the Transport Select Committee to say how close, on a scale of one to 10, the situation was to …
Business
Evening Standard
Bumper Xmas for Sainsbury as shoppers cut loose
J Sainsbury today insisted it was fending off the competitive threat from Lidl and taking market share from more traditional rivals such as Morrisons.The grocer and its sister company Argos had a strong Christmas as customers made the best of the first festive season free of Covid restrictions for several years.Sales of champagne and prosecco …
Business
Evening Standard
We will not submit evidence to pay review body during disputes – health unions
Health unions will not be submitting evidence to the NHS pay review body for the next wage round while the current industrial disputes remain unresolved, it has been announced.The 14 unions, representing more than one million ambulance staff, nurses, porters, healthcare assistants, physiotherapists and other NHS workers in England, have called for direct pay talks …
Business
Evening Standard
JD Sports profits to top £1bn thanks to Nike Air Force One shoes
PROFITS at JD Sports will top £1 billion this year, as chief executive Régis Schultz shrugged off negative chatter about the state of the UK economy and insisted the company’s own growth potential remains huge.JD Sports has grown from a penny stock into a £7 billion FTSE 100 giant, in defiance of critics who once …
Business
Business Live
Wales Fast Growth 50 project is going UK-wide
A project that annually showcases the fastest growing indigenous firms in the Welsh economy is going UK-wide. The Wales Fast Growth 50, which in partnership with the Western Mail has since 1999 ranked the 50 fastest growing firms in Wales on revenue growth over the previous two years, will this year also have lists for …
Business
Evening Standard
Sainsbury’s delivers ‘record’ Christmas sales despite rising cost of living
J Sainsbury today insisted it was fending off the competitive threat from Lidl and taking market share from more traditional rivals such as Morrisons.The grocer and its sister company Argos had a strong Christmas as customers made the best of the first festive season free of Covid restrictions for several years.Sales of champagne and prosecco …
Business
Sky News
Rail strikes can continue for ‘an awful long time’, unions warn
Rail union leaders have told MPs there is much left to agree if further national strikes are to be averted, with one accusing the government of “sabotage” in its negotiations.RMT leader Mick Lynch said in evidence to the transport committee his members were “a long way” off securing deals on the core pay issue. He …
Business
Sky News
‘Major shock to the market’ as insurer Direct Line scraps dividend following flood of claims
Direct Line has seen its shares fall by a quarter after it scrapped its final dividend, blaming a flood of claims related to bad weather in the UK last month.The home and motor insurance firm said severe weather in December, which included a cold snap, had pushed it to an underwriting loss for 2022. The …
Business
Sky News
Sainsbury’s achieves ‘record’ Christmas as cost of living crisis rages
Sainsbury’s has become the latest retailer to post strong Christmas sales figures, saying it achieved a “record” festive season.The UK’s second largest supermarket group, which also includes Argos, said it now expected annual profits for the year to March towards the upper end of its previously guided range between £630m and £690m. Underlying pre-tax profits, …
Business
Sky News
UK workers await their fate as more than 3,000 jobs to go at Goldman Sachs
Up to 3,200 jobs are to go at Goldman Sachs as part of the biggest restructuring efforts at the company since the global financial crash. The US-based multinational financial services company and investment bank is embarking on a series of cost-saving measures after the deal making and market boom of the COVID-19 pandemic dried up …
Business
Sky News
‘Stop buying it at these prices’: YouTube star KSI urges fans not to pay over the odds for Prime drinks
YouTube star KSI has urged people to stop buying his popular energy drink at hugely-inflated prices after claims it was being sold for hundreds of pounds.Chaos broke out in supermarkets last month following the release of the Prime sports drinks, which some people are thought to have bought in bulk due to high demand and …

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