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Sky News
All UK businesses secure energy support package ‘costing tens of millions’ to slash bills
Wholesale energy costs for businesses will be slashed by up to half their expected price through the winter months, the government has announced.Firms across the UK will see government-funded cuts to their energy bills in line with the reductions that have already been announced for homes. The level of discount will depend on what companies …
Business
Sky News
All UK businesses secure energy support package ‘costing tens of billions’ to slash bills
Wholesale energy costs for businesses will be slashed by up to half their expected price through the winter months, the government has announced.Firms across the UK will see government-funded cuts to their energy bills in line with the reductions that have already been announced for homes. The level of discount will depend on what companies …
Business
Sky News
Holland & Barrett owner LetterOne proposes £890m debt deal with lenders
The owner of Holland & Barrett, one of Britain’s biggest health food retailers, is plotting to buy back nearly £900m of debt as part of a restructuring aimed at restoring it to a stable financial footing.Sky News has learnt that LetterOne, the Russian-linked investment vehicle, notified Holland & Barrett’s lenders on Tuesday that it was …
Business
Sky News
Truss prepared to be an unpopular PM to boost economic growth
Liz Truss has said she is prepared to be unpopular with her tax policy as she believes it will ultimately benefit the British economy.Talking to Sky News’ political editor Beth Rigby in New York, the prime minister defended any tax changes her government will make at the end of the week and said she will …
Business
Business Live
UK energy crisis: Good Energy blames ‘Russia’s stranglehold’ as profits dive
Green energy supplier Good Energy has blamed “Russia’s stranglehold on gas supplies to Europe” for a fall in profits in the first half of 2022. The Wiltshire-headquartered company saw gross profit decrease by 31.1% to £12.2m in the six months to June 2022 – down from £17.7m in the first half of 2021. It also …
Business
Business Live
ADVERTORIAL: Unlocking business growth during uncertain times
Dale Alderson leads the North West team of mid-market private equity house LDC. Over the past year, the team has completed more than a quarter of all new investments into North West based mid-market businesses valued between £10m – £100m. Here, Dale discusses how management teams in the North West can unlock growth in the …
Business
Evening Standard
Nightmare continues for Eve Sleep investors as sales soften
Under-pressure mattress seller Eve Sleep has seen nearly half of its already tiny market value be wiped out after saying that it is losing customers compared to last year and sales are failing to spring back.The retailer said that the orders it had directly from customers in July and August were down 14% in the …
Business
Evening Standard
Haleon reports strong revenue growth in first results since GSK split
Healthcare company Haleon has reported a double-digit hike in revenue and profits in the group’s first set of company results since it spun off from pharma giant GSK.The company, which owns popular health products Sensodyne and Panadol, posted a 13.4% rise in its revenue to £5.2 billion in the first half of the year.Its revenues …
Business
Evening Standard
Moonpig back to basics as greetings card business takes priority
Moonpig has “prioritised” its greetings card offer in a strategy to fall back on a part of the business that has a “demonstratable track record of being resilient” during difficult economic times.In an update ahead of its Annual General Meeting today (Tuesday) the online greeting card and gifts platform founded by former ‘Dragons’ Den’ entrepreneur …
Business
Business Live
Bolton Wanderers kick off search for new name for University of Bolton Stadium
Bolton Wanderers have launched a search for a new name for their University of Bolton Stadium. The League One side have hired sports commercial partnerships and recruitment specialist Sporting Group International to deliver a naming rights agreement. The deal with the club’s current partner, the University of Bolton, will expire at the end of the …
Business
Business Live
Council steps in to save building projects after contractor Woodhead Construction goes bust
A council has stepped in to save a number of projects after Woodhead Construction went bust with dozens of jobs lost. Bolsover District Council said it would push on with the contracts after the Nottinghamshire contractor went into administration. Woodhead announced last Thursday, September 15, that it was ceasing trading, putting contracts such as the …
Business
Sky News
New dates announced for latest rail strikes
Train drivers at 12 operators are to stage fresh strikes over pay that will coincide with the opening and conclusion of the Conservative Party conference.The Aslef union said its members would walk out on Saturday 1 October and again on Wednesday 5 October. The new dates were unveiled after a strike planned for last week …

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