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Top 10 best-read business stories of 2022 revealed
We’re virtually there. One of the most surreal years for news in my lifetime is almost behind us. But in a rollercoaster 12 months that saw devastating war break out in Europe, four chancellors, three prime ministers, three business secretaries, the continued fall-out of Brexit and Covid, the loss of the Queen and the new …
Business
Business Live
Going green: Our judges’ pick of some of the best sustainable businesses of 2022
From holiday resorts to wind farms – businesses up and down the country are taking big steps to make their operations more sustainable. This year, we have celebrated those firms that have put sustainability first and have been recognised in Reach business awards held across the country in 2022 in partnership with our brilliant sister …
Business
Evening Standard
London miner Ferrexpo says arrest of majority owner ‘unrelated’ to business
London-listed iron ore miner Ferrexpo has said that the arrest of one of its biggest shareholders in France is unrelated to the FTSE 250 business.Businessman and former Ukrainian MP Kostiantyn Zhevago was arrested by French police in the high-end Courchevel ski resort on Tuesday on an international arrest warrant.Mr Zhevago is accused of embezzling more …
Business
Evening Standard
Van drivers will be caught off guard by tax increase, survey suggests
More than three out of five tradespeople will be caught off guard by a £100 million tax raid, a new survey suggests.Some 62% of respondents to a survey of more than 1,000 van drivers by online vehicle marketplace Auto Trader said they were unaware of the looming rise in company van tax quietly announced in …
Business
Business Live
Welsh firms expecting to be more successful in 2023 than this year
The majority of Welsh businesses expect to be more successful in 2023 than this year despite challenging economic forecasts, according to the latest data from Lloyds Bank. Almost two-thirds of businesses (64%) said they are confident they would have greater success in the coming 12 months, compared to the past year. More than quarter (28%) …
Business
Evening Standard
Firefighters facing ‘in-work poverty’, says union
Fire service bosses are being paid up to six times more than firefighters, many of whom are facing “in-work poverty”, according to a union.The Fire Brigades Union (FBU) said Freedom of Information (FoI) requests revealed “stark inequalities” in pay for firefighters and management.Chief fire officers are paid an average of £148,000, with the highest being …
Business
Sky News
More than a million work days lost to strike action in 2022
Wages are climbing at close to their fastest pace since records began. Yet, workers’ pay packets are declining at close to their fastest pace since records began. Both of these seemingly contradictory statements are true. Workers are fighting for pay rises and are having some success but the gains are no match for inflation, which …
Business
Sky News
Elon Musk emails staff as Tesla stocks reach two-year low
Tesla stocks have slid to their lowest value in more than two years as the electric car maker plans to reduce its production cycle and investors worry how much time Elon Musk is dedicating to managing Twitter. Musk emailed Tesla staff telling them not to be “bothered by stock market craziness” and that Tesla will …
Business
Evening Standard
Mining and retail stocks push FTSE 100 into the green
The FTSE 100 has been given a boost by its top retail stocks as investors cashed in on the post-Christmas sales shopping, and as China is set to ease its Covid restrictions for inbound travellers from January 8.Among the top performers on London’s leading index on Wednesday were JD Sports Fashion, Next, Kingfisher and Burberry, …
Business
Sky News
TikTok banned on all US House of Representatives-issued mobile devices
The US House of Representatives has ordered its staff to delete TikTok from any House-issued mobile devices and forbidden them to download it in the future, according to an internal memo obtained by NBC News.The email, which was sent by the House’s chief administrative officer Catherine L Szpindor on Tuesday, said the office’s cybersecurity unit …
Business
Business Live
Valleys tech firm acquired in a multi-million-pound deal
Computerised & Digital Security Systems (CDS), a leading provider of bespoke security systems, has been acquired in a multi-million-pound deal. The Pontypridd-based business has been bought by Johnson Controls (JCI), which provides security equipment for buildings. Established in 1990, CDS offers a fully integrated service including CCTV, fire alarms, access control, perimeter intruder detection systems …
Business
Business Live
Strong recovery for Barbour but firm warns of challenges ahead
Waxed jacket fashion brand Barbour has hailed a strong recovery from the pandemic but warned of a raft of challenges that are squeezing margins. The South Shields business – whose jackets are loved by everyone from royalty and celebrities to farmers and outdoor enthusiasts – has issued accounts for the year ended April 30 showing …

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