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Travel trouble: Rail, bus and highways workers strike as pay disputes continue
Parts of the UK are facing more travel trouble with rail, bus and highways workers walking off the job today in the continuing dispute over pay and conditions.Members of the Rail, Maritime and Transport union will begin another 48-hour strike, after talks failed to make progress on Thursday. The RMT said “further discussions” had been …
Business
Sky News
Rolls-Royce Motor Cars gives factory workers pay award of up to 17.6% to avert strikes
Workers at Rolls-Royce Motor Cars’ Goodwood factory are to receive a pay award worth up to 17.6% after negotiations between the luxury automaker and Unite the union. In all, 1,200 production workers at the West Sussex plant are to receive a salary boost of 10% and a one-off payment of £2,000 from January, avoiding the …
Business
Sky News
Former outsourcing giant Interserve seals £735m Aviva pension deal
A company that once ranked among Britain’s biggest outsourcers has struck a deal with Aviva to protect payouts to thousands of pensioners years after it collapsed into insolvency.Sky News understands that Interserve Group has agreed a pension buy-in insurance deal that will cover liabilities to more than 2700 deferred members and over 4000 existing pensioners. …
Business
Sky News
Strike by ground handling staff at Heathrow suspended
Strike action by ground handlers at Heathrow Airport will not go ahead this weekend after an improved pay offer was made.The U-turn comes as 400 Unite union members working for Menzies voted to reject a previous offer from the international aviation company and announced new strikes dates from 29 December to 1 January. They were …
Business
Sky News
Nurses on strike, interest rates rise and the champagne house making bubbly for astronauts
Ian King looks at the latest as tens of thousands of nurses walk out over pay – in one of the biggest strikes in the history of the NHS.Plus, looking at the Bank of England’s announcement on interest rates.And Ian speaks to the firm designing bottles for champagne made to be drunk in space.:: Listen …
Business
Sky News
Bank’s interest rate rise still a concern but there are glimmers of hope for future | Ed Conway
Whisper it quietly, but there were a few glimmers of hope hidden away in the Bank of England’s latest interest rate decision.Don’t get me wrong: there was plenty in there which will continue to concern households – especially those with mortgages. The Bank‘s Monetary Policy Committee voted to increase its official interest rate by another …
Business
Business Live
Export boost for Wrexham manufacturer following Airbus deal
A North Wales firm, which specialises in the design of bespoke protective covers for the aerospace sector, has landed a deal to become an exclusive supplier for Airbus. Air Covers, headquartered in Wrexham, has been selected as the custom protection cover supplier for Airbus’ newly launched H145D3 helicopter. The deal means the company is on …
Business
Business Live
Healthcare services firm to open Bristol office, creating 50 jobs
A healthcare administration firm is set to open a new office in Bristol which it says will create more than 50 jobs. Healix Health Services acts as a third-party medical claims administrator for insurers, helping businesses to develop healthcare benefit plans. It provides its services to around a fifth of all self-insured corporate healthcare trusts …
Business
Evening Standard
Serco hikes profit outlook once more as boss prepares to hand over the reins
Outsourcing giant Serco has hiked its profit outlook once again as the group said strong growth had helped more than offset a £480 million slump in Covid-19 contract revenues.The firm said it is now on track for full-year underlying trading profit of around £235 million, up £5 million on its previous guidance, with turnover set …
Business
Business Live
New creative industry hub to open in Birmingham
A new workplace hub for the region’s creative industry is set to launch in Birmingham early next year – in the former home of HP Sauce. Called ‘Creative Content Hub’, it will be housed in a warehouse complex in the Digbeth district after a wholesale renovation project completes. Oval Real Estate acquired The Bond Company …
Business
Sky News
Influencers who promoted stock on social media charged with $100m fraud scheme
Eight social media influencers who allegedly used their status to manipulate stock prices have been charged in a $100m (£81m) fraud scheme.The young men had a combined following of 1.5 million people on Twitter, and used it alongside messaging platform Discord to promote themselves as successful traders and encourage their fans to invest in selected …
Business
Business Live
Plymouth Marjon University to build ‘wellbeing community hub’ after being awarded £5.8m
Plymouth Marjon University has announced plans to build an ‘outpatient and wellbeing community hub’ after being awarded millions of pounds of funding from the Office for Students (OfS). The higher education institution was handed £5.8m from the independent regulator to develop the specialist facility on campus following a successful bidding process. The money from the …

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