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11.01.2023 - 11:22
Business
Sky News
What is Davos and what happens at the World Economic Forum meeting?
The World Economic Forum’s annual meeting – more commonly known as Davos – takes place in January, with business and world leaders gathering this year for discussions on the 2023 theme of “cooperation in a fragmented world”.Here’s everything you need to know. What is Davos?Davos is the annual meeting of the World Economic Forum (WEF). …
11.01.2023 - 10:30
Business
Business Live
Asian robotics manufacturer launches UK HQ
A manufacturer of robotics headquartered in China has opened a new UK head office in Birmingham. Quicktron has launched the 1,000 sq ft operation at the iCentrum building on Bruntwood SciTech’s Innovation Birmingham campus in the city centre. Founded in 2014, the company specialises in so-called intralogistics automation, designing and building robotic products which move …
11.01.2023 - 10:11
Business
Business Live
Jobs saved after opticians sold out of administration in pre-pack deal
Jobs have been saved following a merger of two well-known high street opticians in Wales. Julian Davies Opticians has agreed a prep-pack administration deal to rescue Bateman Opticians saving 19 jobs. Bateman Opticians, which has four practices in Cardiff, Newport and Blackwood, had been placed into administration and facing closure. The rescue package sees the …
11.01.2023 - 10:07
Business
Business Live
Topps Tiles says sales up as it deals with boardroom battle
Management at Topps Tiles said sales were up 10 per cent in the last three months of 2022. Half of the growth, it said, was down to the acquisition of Midlands-based online retailer Pro Tiler Tools back in October. It comes as Topps – which is headquartered in Leicestershire, and has sales of around £250 …
11.01.2023 - 10:00
Business
Business Live
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 – …
11.01.2023 - 09:56
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 …
11.01.2023 - 09:52
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 …
11.01.2023 - 09:51
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 …
11.01.2023 - 09:44
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 …
11.01.2023 - 09:42
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 …
11.01.2023 - 09:31
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 …
11.01.2023 - 08:35
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 …
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