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31.10.2022 - 08:24
Business
Business Live
Co-op to give all staff paid leave for fertility treatments
Co-op employees will be able to take paid time off for fertility treatments after the retailer launched a new policy. Chief executive Shirine Khoury-Haq said she wants to create a supportive environment for her staff after going through the process of fertility treatment herself. The policy will provide paid leave for staff to attend medical …
31.10.2022 - 07:48
Business
Evening Standard
Asda seals £600 million takeover of Co-op petrol forecourts
Asda has confirmed the completion of its approximately £600 million deal to buy the Co-op’s petrol forecourt business.It said the deal, which is part of its plans to rapidly grow into the convenience market, will see 2,300 workers move over from the Co-op to the supermarket group.The new focus in forecourts and convenience stores comes …
31.10.2022 - 03:53
Business
Sky News
Elon Musk denies report he is laying off Twitter workers early to avoid severance payouts
Twitter’s new owner Elon Musk has denied a report he plans to lay off employees before the start of next month to avoid having to make special payouts as part of their compensation deal.In a response to a Twitter user asking about the redundancies reported in the New York Times, Musk tweeted simply: “This is …
31.10.2022 - 00:01
Business
Evening Standard
Co-op to give all staff paid leave for fertility treatments
Staff at the Co-op will be able to take paid time off for fertility treatments, under a new policy launched by the retailer.Co-op’s chief executive, Shirine Khoury-Haq, said that she has gone through the process of fertility treatment herself and wants to create a supportive environment for her employees.The policy will provide paid leave for …
31.10.2022 - 00:01
Business
Evening Standard
Business confidence in Scotland fell in October, study finds
Business confidence in Scotland fell 10 points to 5% during October as companies faced “ongoing economic challenges”, according to new research.The latest Business Barometer from Bank of Scotland Commercial Banking found that business confidence in the manufacturing sector fell for the fifth month in a row, to 13%, the lowest confidence level since February 2021.Confidence …
30.10.2022 - 22:10
Business
Evening Standard
TUC warns of ‘mass exodus’ of public sector workers
Public services are facing a “mass exodus” of workers as increasing numbers quit their jobs over pay, according to a new report.The TUC said a survey of 1,400 public sector workers found that one in three has already taken steps to leave their profession or are actively considering it.The union organisation said its research suggested …
30.10.2022 - 14:56
Business
Evening Standard
Royal Mail staff call off planned strikes
Planned strikes by Royal Mail workers in the next two weeks have been called off following a challenge by the company.Members of the Communication Workers Union (CWU) are involved in a long running dispute over pay and conditions.A series of strikes have taken place in recent weeks and more action had been planned.The union said …
30.10.2022 - 09:12
Business
Evening Standard
Bank of England expected to hike interest rates by 33-year high to 3%
The Bank of England is poised to unveil the biggest hike in interest rates for 33 years next week as the central bank continues its efforts to tame inflation.The key Monetary Policy Committee (MPC) meeting comes amid warnings that spending cuts and tax hikes under new Prime MinisterRishi Sunak could lead to a deeper and …
30.10.2022 - 09:00
Business
Business Live
People on the move: key North East appointments and promotions of the week
Middlesbrough-based GB Bank has recruited Rob Lankey as its new chief commercial officer as it ramps up operations following the grant of its full UK banking licence. Mr Lankey joins GB Bank after more than 30 years in the financial services sector, having worked in a range of organisations in the specialist lending and banking …
30.10.2022 - 09:00
Business
Business Live
Winn Group toasts record revenues of £97m despite exceptional challenges
Newcastle law firm Winn Group has seen turnover almost double to a record £97.9m despite exceptionally challenging times in its sector. The Byker business said the milestone figure marks the biggest leap in annual turnover since the company was founded in 2002, and follows the introduction of legal reforms which it said has forced many …
29.10.2022 - 23:01
Business
Evening Standard
Sunak warned public spending freeze would return services to 2010s austerity
Many public services would be stripped back to levels seen in the 2010s era of austerity if Rishi Sunak freezes public service spending, a think tank has warned.Ahead of their autumn budget, the Prime Minister and Chancellor Jeremy Hunt are considering up to £50 billion of spending cuts and tax hikes to fill a gaping …
29.10.2022 - 13:10
Business
Business Live
Gallery: See all the winners of the CoventryLive and WarwickshireLive Business Awards 2022
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