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Evening Standard
Hornby sees losses widen, but reassures over stock for festive season
Model train maker Hornby has posted widened losses and held off from giving a full-year outlook, but said it is well-stocked for the crucial Christmas season as supply chain woes ease.The group posted a pre-tax loss of £2.9 million for the six months to September 30 in a “difficult” financial year so far, with the …
Business
Evening Standard
Dr Martens shares slump after bootmaker warns over profit margins
Fashion brand Dr Martens has warned that profit margins will slip on the back of weaker consumer demand, investments and the strong dollar, sending shares in the company tumbling.The UK bootmaker said direct-to-consumer sales – those from its own stores and websites – were “slower than anticipated” over the latest quarter.Bosses at the firm said …
Business
Sky News
Hand luggage liquid and laptop restrictions on planes could be scrapped
Security restrictions on liquids and laptops in airport hand luggage could be removed in the UK, due to the rollout of new high-tech 3D scanners.For 16 years, air passengers have had to take all hand luggage liquids, in containers of no more than 100ml, and electrical devices out of their bags and transfer them into …
Business
Evening Standard
Shielding households from high energy bills set to cost Government £5bn a month
The price the Government will pay to shield households from enormous energy bills will more than double in the new year to around £5 billion a month after Ofgem raised its price cap.The decision will not increase the amount consumers have to pay to use gas and electricity.But it will force the Treasury to pay …
Business
Sky News
Pound reaches high not seen since mid-August
A pound could buy $1.21 on Thursday morning, the highest amount since mid-August, making imports cheaper for UK companies and consumers. The 20 cents rise in sterling buying power from an all-time low in the days following the September mini-budget and the associated market upset, is due to dollar weakness rather than pound strength. The …
Business
Evening Standard
We’re not budging, says union chief amid fresh 48-hour mail strike
Postal workers will “fight as long as it takes”, with further strike action possible, a union chief has said.Members of the Communication Workers Union (CWU) are holding a fresh 48-hour strike on Thursday and Friday amid a long-running dispute over jobs, pay and conditions.CWU general secretary Dave Ward said the Government should “intervene”, vowing that …
Business
Business Live
PwC adds new capital markets team to Birmingham base
Financial services group PwC has created a brand new team at its Birmingham office focused on capital markets, account advisory and structuring. The role of the team includes helping clients through change, whether that be related to accounting, financial reporting issues or preparing for a stock market float. Having previously been solely a London-based team, …
Business
Business Live
‘Economic growth will be choked off’: Bruntwood boss warns of impact Avanti West Coast cancellations
The chief executive of property giant Bruntwood has revealed the impact the continued cancellations of Avanti West Coast trains are having on Manchester’s economy in a letter to the Secretary of State for Transport. Chris Oglesby, who is also the chair of Manchester Business Sounding Board, appealed to Mark Harper to “take action to address …
Business
Sky News
Energy price cap rises to £4,279 – but Britons won’t have to pay that much
The amount energy companies can charge for electricity and gas will rise from January but households will be protected from the increase.Ofgem, the energy regulator which limits the amount suppliers can charge for each unit of electricity and gas, increased its cap for the first three months of next year to 67 pence per kilowatt …
Business
Sky News
Royal Mail’s ‘best and final’ offer to avoid Black Friday strikes rejected
Royal Mail says it has delivered a “best and final” offer to the union representing its frontline workers, in a bid to avert a 48-hour strike to begin on Thursday and covering the Black Friday shopping spree.The company, which claimed earlier this month that a series of walkouts in a row over pay and modernisation …
Business
Sky News
Royal Mail, teachers and lecturers go on strike in one of biggest walkouts
Royal Mail workers are beginning a 48-hour strike that the retail sector warns could cripple the Black Friday discount shopping season.The strike action is being taken nationwide by 115,000 staff represented by the Communication Workers Union (CWU). University lecturers and teaching staff are also walking out on the first of three days of strikes – …
Press Release
Pressat
New threat of malaria ‘not previously seen before’ highlighted in Lancet Global Health paper
A paper published in The Lancet Global Health journal is sounding the alarm about the growing threat of malaria potentially spreading to countries where the disease is not typically endemic. (https://www.thelancet.com/journals/langlo/article/PIIS2214-109X(22)00454-5/fulltext) The rapid increase in the population of an invasive species of mosquito Anopheles Stephensi across urban settings from east to west Africa, poses a …

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