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Sky News
Amazon UK workers set to strike for first time in pay dispute
Amazon is set to endure a strike by workers in the UK for the first time.Members of the GMB union at the US tech company’s Coventry warehouse are set to walk out on 25 January as part of a fight for better pay. “GMB urges Amazon UK bosses to give workers a proper pay rise …
Business
Sky News
New car sales hit lowest level since 1992 but worst of supply woes in rear view mirror
The number of new cars sold in the UK last year tumbled to its lowest level since 1992 but the sector says supply shortages, which have held sales back, are “beginning to ease”.Preliminary data for 2022 released by the Society of Motor Manufacturers and Traders (SMMT) showed around 1.61 million new cars were registered. The …
Business
Sky News
West Ham joint chairman David Gold dies aged 86
West Ham United joint chairman David Gold has died at the age of 86 following a short illness.A lifelong Hammers fan, Mr Gold was born in east London in 1936 and raised in a house on Green Street – directly opposite the club’s former stadium, the Boleyn Ground. West Ham co-chairman David Sullivan said: “On …
Business
Sky News
Rishi Sunak makes five promises on economy, health and immigration in keynote speech
Rishi Sunak has pledged to boost the economy, cut hospital waiting lists and stop migrant crossings in the Channel in his first speech of the year.Speaking in Stratford, the PM laid out his priorities for 2023 and asked the public to judge his premiership on five promises. These pledges are:• to halve inflation• to grow …
Business
Sky News
Wilko secures £40m lifeline from high street lender Hilco
Wilko, the general  merchandise retailer, has secured a £40m funding lifeline from one of the high street’s most prolific investors.Sky News has learnt that the company, which last year warned that it could run out of cash, has obtained a loan from Hilco UK, the owner of Homebase and Cath Kidston. Details of the loan …
Business
Business Live
Peel Ports Group handed shareholders almost £90m before long-running pay dispute
Peel Ports Group handed almost £90m to shareholders in the year before it was hit by long-running industrial action, it has been revealed. The ports giant, which is behind Liverpool2 and Manchester Ship Canal, handed out dividends totalling £88.9m in the 12 months to March 31, 2022, up from the £38.9m it paid in the …
Business
Sky News
Mortgage approvals at lowest level since early months of pandemic as credit card debt soars
Mortgage approvals were at the lowest since the early months of the pandemic and credit card debt was up more than £1bn in November, according to data from the Bank of England.The number of mortgages approved fell by more than 10,000, down from 57,900 in October to 46,100 in November. It’s a further drop from …
Business
Evening Standard
RMT: Cool heads and brave hearts needed to end rail strikes
The UK Government needs to get round the table with unions in a bid to end strikes by Network Rail staff, leaders of the RMT have said.Gordon Martin, the union’s regional organiser in Scotland, said “cool heads and brave hearts” are needed to resolve the dispute – which has impacted rail services across the UK …
Business
Business Live
Latest on future of energy support scheme as Chancellor set to meet business groups
Business groups are set to meeting with Chancellor Jeremy Hunt today over government plans for help on energy bills for businesses. There are fears the support will be halved after the current scheme ends. Mr Hunt is understood to be calling a lunchtime meeting with the Federation of Small Businesses, UK Hospitality, the CBI and …
Business
Business Live
Food giant Princes cut 300 jobs as sales and profits fell back from lockdown high
Food giant Princes cut more than 300 jobs during its latest financial year, new documents have revealed. The Liverpool-headquartered company, which is based at the city’s iconic Royal Liver Building, said the reduction in its headcount from 6,779 to 6,475 was as a result of site closures. The newly-filed documents with Companies House also show …
Business
Business Live
Harrogate food entrepreneur creates new jobs with Net Zero push
An entrepreneur who was the youngest to receive the backing of TV Dragons Duncan Bannatyne and Peter Jones has retained a breakthrough deal with a major retailer. Kirsty Henshaw, who founded “free-from” food brand Kristy’s, has created 18 new jobs at her Harrogate-based firm. The expansion follows the involvement of the European Regional Development Fund-backed …
Business
Business Live
Aerospace company Ontic reports ‘record-breaking’ year
Aerospace parts manufacturer Ontic has heralded 2022 as a “record-breaking” year for the firm, and has said further expansion is planned for 2023. The Gloucestershire-based business, which provides its services to a range of commercial and military customers including Airbus and Boeing Defense, said it had secured 13 exclusive licensing agreements over the previous 12 …

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