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10.09.2022 - 11:48
Business
Evening Standard
Campaigners claim targeting of milk depots has led to empty shop shelves
Campaigners have claimed their efforts to disrupt dairy distribution facilities have led to supermarket shelves being left empty of milk in north London.Climate activist group Animal Rebellion said it has been causing significant disruption to a number of dairy distribution facilities over five days, including blocking and occupying sites and damaging milk trucks.They paused their …
09.09.2022 - 16:24
Business
Evening Standard
Markets higher in London on global rally
Markets in London traded as usual on Friday, and saw shares and the pound trade higher.The London Stock Exchange confirmed that it planned to maintain normal opening hours after the death of the Queen, but would close during any public holidays.The FTSE 100 joined an international rally, which saw global markets break out into a …
09.09.2022 - 15:28
Business
Evening Standard
John Lewis Partnership set to reveal latest progress in revival plan
The John Lewis Partnership (JLP) will reveal the firm’s latest progress as the retail giant continues its broad transformation plan.JLP, which runs the John Lewis department store business and Waitrose grocery chain, is due to unveil its financial results for the half-year to July in an update on Thursday September 15.It comes amid a period …
09.09.2022 - 13:36
Business
Business Live
Citigroup to hire another 400 at Belfast base – report
Citigroup, one of the world’s biggest banks, is planning to hire a further 400 people in Northern Ireland. That’s according to the firm’s country manager James Bardrick who, in an interview with Bloomberg, said he is keen to continue growing the business’s base in the province in the coming years. It currently has more than …
09.09.2022 - 12:54
Business
Business Live
Belfast health tech company Blue Zinc snapped up by ClearCourse
Belfast health tech company Blue Zinc has been bought by London software and payments company ClearCourse for an undisclosed sum. The new parent company said the deal offers “clear synergies” between with its existing clinical management software business and will also allow Blue Zine to grow with the investment and guidance from ClearCourse. Co-founders and …
09.09.2022 - 12:51
Business
Business Live
Thirsk’s Inspired Pet Food teams up with Leeds Beckett University on sustainability project
Leeds Beckett University and Thirsk-based Inspired Pet Nutrition (IPN) have joined forces in a bid to cut carbon emissions in the pet food supply chain. The North Yorkshire firm is wants to become one of the UK’s first pet food manufacturer to analyse the sustainability of its whole supply chain using a carbon footprint evaluation …
09.09.2022 - 12:50
Business
Business Live
Welsh business leaders pay tribute to Her Majesty Queen Elizabeth II
Businesses from across Wales have been paying tribute to the passing of Queen Elizabeth II at the age of 96. The UK’s longest-serving monarch died peacefully at her Scottish estate of Balmoral on Thursday afternoon where she had spent much of the summer. Her son and successor King Charles III said the death of his …
09.09.2022 - 12:48
Business
Evening Standard
Vorboss takes on ‘sluggish’ BT with ultra-fast deals for London
A TELECOM start-up plans to offer ultra-fast internet to London businesses at cheap prices in an attack on incumbent giants BT and Virgin.Vorboss says a shake-up of the broadband market in the capital is long overdue. It has raised £250 million from investors and has already installed 500km of fibre optic cables in zones one …
09.09.2022 - 12:42
Business
Business Live
Kilfrost hails strong position as it returns to profit amid recovery from Covid disruption
Aircraft de-icer firm Kilfrost has returned to profit following a period of major disruption to the global aviation industry. The historic North East manufacturer, which operates a Haltwhistle factory, reported operating profit of £1.2m in the year to the end of March 2022, a turnaround from a £235,000 loss the previous year. Turnover at the …
09.09.2022 - 12:27
Business
Evening Standard
Bank of England postpones next week’s interest rate decision after Queen’s death
A widely expected rise in interest rates has been put on hold due to the death of the Queen, the Bank of England has said.The Bank said that decision makers on its Monetary Policy Committee would not meet as scheduled next week.Instead the meeting, at which committee members were expected to hike rates again, will …
09.09.2022 - 12:12
Business
Evening Standard
No 10 assures energy bills freeze will go ahead despite Queen’s mourning period
Downing Street has assured it does not believe the mourning period for the Queen’s death will have any impact on Liz Truss’s new policy to prevent average energy bills soaring past £2,500.The Prime Minister’s official spokesman said on Friday that the two-year energy price guarantee for Britain will be ready for households from October 1, …
09.09.2022 - 10:26
Business
Business Live
Seaward Electronic boosts turnover in ‘challenging’ year that brought price rises
North East electrical testing equipment maker Seaward has reported a 20.6% rise in turnover to £19.8m and a rise in operating profit despite what it described as a challenging year. The global exporter of kit used in hospitals, by electrical installers and in the solar industry said 2021 had brought revenue growth beyond the board’s …
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