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Sky News
Royal Mail worker fears thousands face sack after Christmas as first of six days of strikes begins
A striking Royal Mail worker has voiced fears up to 25,000 staff could be sacked and new working conditions imposed on those left after the core Christmas season has finished.The man, who usually delivers letters and parcels in the London area and is being identified as ‘Derek’ because he wished to remain anonymous, was speaking …
Business
Sky News
Six water companies ‘falling short’ in key areas including sewage
The water regulator has identified six water companies which it says are “falling short” in “too many areas” including sewage discharge.Ofwat said it was “deeply concerned” that Northumbrian Water, Southern Water, South West Water, Thames Water, Welsh Water and Yorkshire Water were lagging behind expectations. Its annual assessment of company operational performance and financial resilience …
Business
Sky News
Frasers boss Murray takes Mike Ashley’s business in more aspirational direction
Ever since he became chief executive of Frasers Group – the retail combine controlled by Mike Ashley that owns names like Sports Direct, Evans Cycles, Flannels, Game and House of Fraser – Michael Murray has had to put up with suggestions that he is not his own man and that Mr Ashley is really pulling …
Business
Sky News
Rents up as house prices fall, profits for Sports Direct owner and how Uber’s helping veterans into work
A look at house prices as they see their most widespread fall since May 2020, while rents are likely to continue to go up.Plus, Ian King talks to the chief executive of Frasers Group after the Sports Direct owner saw a jump in profits, bucking the downturn in retail sales.And the head of Uber UK …
Business
Business Live
Plans unveiled for over 400 new homes to be built at old quarry site
Plans for more than 400 new homes to be built at an old quarry site in Rhondda Cynon Taf have been unveiled. The housing is part of plans by Newport housing association Pobl Group to build a mixed-used low-carbon development at the disused Hendy Quarry near Pontyclun. The mixed tenure development at the 22 hectare …
Business
Business Live
Tax and pensions specialist Westbridge Group buys out competitor which has almost 100 staff
A Leicestershire tax and pensions specialist has bought out a competitor which has almost 100 staff. WestBridge Group has acquired the staff, clients, and assets of Rowanmoor Executive Pensions Ltd (REPL) and its book of 3,500 small self-administered schemes (SSAS). The deal was done for an undisclosed sum. It is the second big acquisition by …
Business
Sky News
Elizabeth Holmes’s former partner to join her in jail over Theranos scandal
The ex-partner of disgraced Theranos founder Elizabeth Holmes has joined his accomplice in being sentenced to more than a decade in prison.Ramesh “Sunny” Balwani was jailed for almost 13 years for his role in the company’s blood-testing hoax, which saw investors conned and patients put at risk as the pair enjoyed a life of fame …
Business
Evening Standard
Shares in Manchester United and Fevertree hit performance for City fund star Nick Train
Bad bets on Manchester United, Fevertree and Hargreaves Lansdown shares are increasing the pressure on star City fund manager Nick Train, who today reported tumbling returns at his Finsbury Growth and Income Trust.FGIT looks after the savings of many thousands of small investors who over time have seen strong returns thanks to Train’s stock picking …
Business
Evening Standard
How can I travel for my Christmas getaway?
The Christmas getaway will be disrupted by thousands of workers going on strike.Here the PA news agency looks at how travel over the festive period will be affected by industrial action.– TrainsThousands of members of the Rail, Maritime and Transport union (RMT) are going on strike.Workers at Network Rail and train companies will walkout on …
Business
Business Live
Revealed: I Saw It First was bought for £1 by Mike Ashley’s Frasers Group and owed £13m to shareholders
I Saw It First was bought for £1 by Mike Ashley’s Frasers Group and owed £13m to its shareholders, it has been revealed. The deal for the Manchester fashion brand, which has been worn by the likes of Love Island contestants and influencers such as Molly-Mae Hague, was first announced in July. However, at the …
Business
Business Live
New On The Beach chief executive named to succeed founder
A new chief executive of On The Beach has been named after it was announced that its founder is to step down. Chief financial office Shaun Morton will succeed Simon Cooper when he leaves the role “within the next 12 months”. The Manchester-headquartered company said the timing of Mr Morton’s appointment as CEO will depend …
Business
Business Live
In The Style considers sale as founder returns as CEO
In The Style has put itself up for sale as its founder returns as chief executive. The Salford-headquartered online fashion brand has confirmed Sam Perkins will step down at the end of the year and be succeeded on an interim basis by Adam Frisby. Mr Perkins had taken over as CEO from Mr Frisby, who …

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