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‘Look to British workers not immigrants’, minister urges businesses
UK firms should be “looking to the British workforce” rather than relying on immigrants to fill jobs post-Brexit, a minister has said.At its annual conference, the director general of the Confederation of British Industry (CBI), Tony Danker, called on the government to use immigration to solve worker shortages in the UK, saying it must be …
Business
Sky News
Challenger bank Tandem poaches finance chief from rival Atom
A challenger bank specialising in green finance has poached its new finance chief from a rival as it seeks to accelerate its growth in a challenging economic environment.Sky News understands that David McCarthy, who resigned after eight years as chief financial officer of Atom in September, is joining Tandem Bank in the same role. Mr …
Business
Evening Standard
B&Q owner to update outlook for DIY sector amid income squeeze
B&Q owner Kingfisher is set to reveal how the DIY sector is faring as consumers face squeezed household budgets and the housing market slows.The FTSE 100-listed firm will give shareholders an update on its trading over the latest quarter on Thursday, and investors will be looking eagle-eyed at the company’s outlook for home improvement retailers.Kingfisher, …
Business
Evening Standard
Gap between diesel and petrol prices nears 25p per litre
The extra cost of diesel compared to petrol has reached a new high of nearly 25p per litre.Latest Government figures show the average price of a litre of diesel is 188.9p.That is 24.5p more expensive than petrol, which stands at 164.4p per litre.Analysis by the PA news agency found this is the largest price difference …
Business
Sky News
Gordon Ramsay’s three-star Michelin restaurant taken over by climate activists
Climate change activists have occupied Gordon Ramsay’s three-star Michelin restaurant in London.Members of Animal Rebellion entered Restaurant Gordon Ramsay on Hospital Road, Chelsea, at around 6pm on Saturday. Wearing smart casual clothing, they sat at tables reserved for guests of the high-end restaurant.They held mock menus outlining the environmental costs of items served on the …
Business
Evening Standard
‘Urgent measures’ needed to close gender pay gap – report
Urgent measures are needed by employers and the government to close the gender pay gap, according to a new report.The Fawcett Society said women face “double trouble” because of the combined impact of the cost-of-living crisis and the difference in their pay compared with men.The campaign group said its research showed that during 2022 women …
Business
Sky News
Elon Musk’s ‘chainsaw’ strategy ‘does not bode well’ for Twitter’s future
Elon Musk’s strategy “does not bode well” for the future of Twitter, an early backer of the billionaire’s SpaceX firm has warned.The social media platform has been in an almost constant state of chaos since the world’s richest man bought it in a $44bn deal last month, with warnings this week that a spike in …
Business
Sky News
Rees-Mogg windfall in jeopardy as Somerset sale talks stall
A multimillion-pound payout to Jacob Rees-Mogg, the former business secretary, is in jeopardy amid faltering talks about a sale of the asset management business he cofounded.Sky News has learnt that negotiations between Somerset Capital Management, in which Mr Rees-Mogg is a substantial shareholder, and prospective buyer Emso Asset Management have stalled in recent weeks. Industry …
Business
Sky News
Tesla recalls more than 300,000 vehicles in US over rear light problems
Tesla is recalling more than 300,000 vehicles in the US because of potential problems with their rear lights. The Texas-based electric vehicle manufacturer said the recall affects some 2023 Model 3 and 2020-2023 Model Y vehicles. Tesla said it has had no reports of any crashes or injuries related to the recall of about 321,000 …
Business
Sky News
Banksy urges shoplifters to ‘help themselves’ to Guess clothing after copyright row
Banksy has accused US fashion retailer Guess of stealing his work, encouraging shoplifters to head to their flagship Regent Street store in central London and “help themselves” to the clothes.The anonymous graffiti artist shared an image of the shop’s front window with his 11.6 million Instagram followers, showing items of the capsule collection inspired by …
Business
Evening Standard
Rail passengers urged to check before travelling as train managers strike
Avanti West Coast is strongly advising customers to check before they travel ahead of a strike by train managers on Sunday.Members of the Rail, Maritime and Transport union (RMT) will walk out in a row over rosters.A significantly reduced timetable will be in operation, with fewer services running during limited operating hours.On Sunday, the inter-city …
Business
Sky News
Elon Musk asks Twitter users to vote on reinstatement of Donald Trump
Elon Musk has posted a poll on Twitter asking users to vote on whether former US President Donald Trump, who was banned from the social media site by its previous owners, should be reinstated.The Twitter boss accompanied it with the words: “Vox Populi, Vox Dei” – a Latin phrase meaning “the voice of the people …

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