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12.09.2022 - 09:43
Business
Evening Standard
UK property business Grainger pledges responsible rent for tenants
Grainger the UK’s largest provider of private rental homes has pledged to take a “responsible” approach to rent increases across its 10,000 properties as its customers face increased economic “challenges”.The Newcastle-based business released a trading update for the 11 months to the end of August posting an increase in rental income of 4.5% so far this year …
12.09.2022 - 09:16
Business
Evening Standard
JP Morgan buys Renovite amid fight to keep top spot in payment processing
Banking giant JP Morgan has agreed to acquire payments firm Renovite as it jostles with the likes of challengers Stripe and Adyen for the top spot in payment processing.The firm says it hopes to integrate Renovite’s technology to bolster its digital offering as part of a strategy to modernise its payments systems. The terms of …
12.09.2022 - 09:11
Business
Business Live
UTC-co-founder Charlie Spencer OBE welcomes record-equalling apprentice intake at his engineering firm
Hull engineering business Spencer Group has welcomed 14 more apprentices from the city’s Ron Dearing University Technical College. Spencer Group, a founding partner, has employed 42 apprentices from Hull’s employer-led school in just three years. The relationship is described as creating a productive pipeline of fresh talent for the engineering industry as well as opening …
12.09.2022 - 09:01
Business
Evening Standard
DFS appoints former Matalan head Johnson as chair
Furniture retailer DFS has appointed former Matalan boss Steve Johnson as chairman replacing Ian Durrant who will retire from the business later this year.Durant will step down as chair of the company and from the board at the conclusion of the Annual General Meeting on November 4.Johnson departed Matalan in July this year after two years …
12.09.2022 - 08:55
Business
Business Live
Hundreds of jobs threatened at pig farming and pork products maker Pilgrim’s UK
Hundreds of jobs are at risk at a billion pound-turnover pig farming and pork products business. Pilgrim’s UK plans to close its meat factories in Coalville, north west Leicestershire, and Bury St Edmonds, in Suffolk, under cost-cutting plans. A site in Ashton-under-Lyne near Manchester could be cut to four days operating a week. It is …
12.09.2022 - 08:46
Business
Business Live
Lush agrees deal for new Poole manufacturing and distribution hub
Cosmetics retailer Lush has expanded its operations in Poole by establishing a new national manufacturing and distribution hub. The firm, which is headquartered in the Dorset town and has more than 900 shops across 48 countries., has agreed deals for two further units at Fleets Corner Business Park, where it already has a major recycling …
12.09.2022 - 08:12
Business
Sky News
Which shops will be open and which will be closed on the day of the Queen’s funeral?
The Queen’s funeral will be held at Westminster Abbey in central London on Monday 19 September, which has been designated a bank holiday.The government has said that, during the national mourning period, there is “no obligation to suspend business”.It added that some businesses “may wish to consider closing or postponing events, especially on the day …
12.09.2022 - 08:12
Business
Sky News
Which major businesses will be open and which will be closed on the day of the Queen’s funeral?
The Queen’s funeral will be held at Westminster Abbey in central London on Monday, which has been designated a bank holiday.The government has said there is “no obligation to suspend business” during the national mourning period.But it added that some businesses “may wish to consider closing or postponing events, especially on the day of the …
12.09.2022 - 08:08
Business
Evening Standard
UK economy sees ‘feeble’ rebound in July amid heatwave and rising prices
Britain’s economy staged a modest rebound in July after contracting in June, but growth was held back by the searing heatwave and pressure from rocketing prices, official figures show.The Office for National Statistics (ONS) said gross domestic product (GDP) rose by 0.2% between June and July following a drop of 0.6% in the previous month, …
12.09.2022 - 07:18
Business
Sky News
Heathrow passenger numbers improving but still below pre-pandemic levels
Heathrow Airport welcomed almost three times as many passengers in August than it did in the same month last year.New figures show that six million people passed through the London airport’s terminals last month – up from 2.2 million last August. It was still below the pre-coronavirus total of 7.7 million passengers in August 2019, …
12.09.2022 - 05:08
Business
Sky News
‘The economic recovery has petered out’: UK economy grew less than expected in July
The UK economy grew by just 0.2% in July, according to the Office for National Statistics.The figure was below the 0.4% growth expected by economists, and follows a fall of 0.6% in June. While this means it is 1.1% above pre-coronavirus levels, GDP was still flat in the three months to July compared with the …
11.09.2022 - 07:53
Business
Sky News
Ashley swoops with bid for stricken Savile Row tailor Gieves & Hawkes
Mike Ashley, the high street tycoon who has snapped up some of Britain’s best-known retailers, is plotting a takeover of Gieves & Hawkes, the historic Savile Row tailor. Sky News has learnt that Mr Ashley’s Frasers Group is among a handful of bidders vying for control of the brand, which is being sold after its …
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