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Kitwave acquires Cornwall firm WestCountry Food in £29.7m deal
Wholesale group Kitwave has announced a major acquisition that helps it move into the provision of fresh food. The £29m deal for WestCountry Food Holdings gives Kitwave access to “an unrivalled network of dedicated, high-quality local growers of seasonal fresh produce”, the Tyneside firm said. Falmouth-based WestCountry, which also has depots in St Austell and …
Business
Sky News
Economy returns to growth – but recession still expected
The economy returned to growth in October, according to early official figures which experts suggest could be the last to show expansion for some time.The Office for National Statistics (ONS) reported growth of 0.5% – following a contraction of 0.6% in September which was largely put down to disruption to usual activity because of the …
Business
Business Live
Osbit expands US footprint to meet demand in growing offshore wind industry
Northumberland engineering company Osbit has launched a base in the US as it taps into the country’s burgeoning offshore wind sector. The Riding Mill-based company, an offshore wind technology developer, was taken over by Yorkshire-based Venterra Group last October and has since seen huge growth, increasing its workforce by more than a third across its …
Business
Evening Standard
Royal Mail staff to stage fresh strike in dispute over pay, jobs and conditions
Royal Mail workers will stage a fresh strike on Sunday in the long running dispute over pay, jobs and conditions.Members of the Communication Workers Union (CWU) are embroiled in an increasingly bitter row which has sparked a serious of walkouts.More strikes are due to be held in the run-up to Christmas, which the union said …
Business
Evening Standard
Fisheries deal will be worth £128m to Scotland as North Sea quotas increase
A new trade deal on fisheries will be worth £128 million to Scotland next year, up from £97 million last year, ministers have said.A trilateral agreement between the UK, Norway and the EU has concluded with increased quotas for most North Sea stocks.Total allowable catches for cod are up 63%, with haddock up 30% and …
Business
Sky News
Tesco to kick off search for successor to long-serving chairman Allan
Britain’s biggest retailer is preparing to kick off a search for a new chairman, firing the starting gun on a race to fill one of the FTSE-100’s most prestigious boardroom posts.Sky News has learnt that Tesco is drawing up plans to begin identifying a replacement for John Allan, who will step down in 2024. Under …
Business
Evening Standard
Londoners brace for blockbuster economy week with interest rate hike and inflation data
Londoners are facing a blockbuster week for the economy, one which will set the tone for homeowners, consumers and investors alike into 2023.We will find out if there is hope that inflation may have peaked in the run up to Christmas during a cost-of-living crisis with interest rates poised to go up, and there will …
Business
Evening Standard
Jeremy Hunt: People do not want ‘endless wrangling over the constitution’
Chancellor Jeremy Hunt has played down the prospect of further borrowing powers for the Scottish Government, saying people do not want “endless wrangling over the constitution”.Scottish ministers have long been arguing for more borrowing powers as part of an ongoing review of funding arrangements, known as the fiscal framework.Deputy First Minister John Swinney is due …
Business
Evening Standard
Rail union boss Mick Lynch calls for urgent meeting with Prime Minister
The leader of the biggest rail workers union has called for an urgent meeting with the Prime Minister in a bid to help resolve the long-running dispute over pay, jobs and conditions.Members of the Rail, Maritime and Transport union (RMT) are due to stage two 48-hour strikes next week following months of industrial action over …
Business
Business Live
RMT’s Mick Lynch calls for urgent meeting with Prime Minister Rishi Sunak in bid to resolve rail dispute
Rail union leader Mick Lynch has asked Prime Minister Rishi Sunak for an urgent meeting to find a deal to end the long-running rail strikes. Members of the Rail, Maritime and Transport union (RMT) have been striking for months in a dispute over pay, jobs and conditions. There are two 48-hour strikes set for this …
Business
Evening Standard
Best value ski resorts revealed
UK holidaymakers going on ski trips this winter face higher prices across Europe compared to last year, according to new analysis.Post Office Travel Money said prices for ski school, equipment, lift passes, meals and drinks have increased due to a weaker pound and higher resort charges.It advised cost-conscious skiers to choose a cheaper destination.It is …
Business
Sky News
December’s money moments: When is payday and what extra benefits could you get this month?
It can feel like all the money is flying straight out of your bank account this month, but payday isn’t quite as far away as you may think.There is also a range of extra benefits available in December which could ease some pressures amid the cost of living crisis. Here are some key money moments …

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