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04.10.2022 - 08:36
Business
Business Live
ADVERTORIAL: Recruitment specialists Hunter Selection see itself as a ‘professional problem solving business’
Matching the right person with the right company is not as simple as ticking off a skills checklist and for Hunter Selection, is about so much more. With a national database of more than 50,000 candidates and clients returning again and again, the company has built up a strong reputation and forged trusted relationships since …
04.10.2022 - 08:31
Business
Evening Standard
Made sets out initial cash injection of up to £70 million to save business
Troubled furniture retailer Made has ramped up its sale process and begun discussions with a “number of interested parties” who should expect to inject initial cash of up to £70 million in order to salvage the business.The company formally put itself up for sale last month after a biting downturn in the home furnishing market …
04.10.2022 - 08:20
Business
Sky News
John Lewis to roll out ‘buy back’ or ‘take back’ in all product categories
Retailer John Lewis has promised to introduce a “buy back” or “take back” scheme in each product category by 2025 and offer more rental and resale services as it attempts to develop “more sustainable ownership options”.The plans will build on existing initiatives that include children’s clothes rental, mattress and electrical recycling alongside new purchases and …
04.10.2022 - 08:16
Business
Evening Standard
Greggs sees sales jump as consumers seek value meals during ‘worrying’ times
Greggs has revealed that sales jumped by 15% over the past three months as cash-conscious consumers seek good value during “worrying” times.The bakery chain’s boss told the PA news agency that its low-cost food and meal deal options were more important to “shout about” during a time when many households are struggling with significant cost-of-living …
04.10.2022 - 08:13
Business
Sky News
HSBC weighs multibillion pound Canada sale amid Ping An siege
HSBC Holdings is exploring a multibillion pound sale of its operations in Canada in what would mark a significant retreat from its presence in North America.Sky News has learnt that HSBC’s board has instructed investment bankers at JP Morgan to sound out prospective buyers of its business in the country. Sources said a sale would …
04.10.2022 - 08:03
Business
Evening Standard
Mordaunt: Raising benefits in line with inflation ‘makes sense’
Liz Truss has been told by a member of her Cabinet that it “makes sense” for benefits payments to rise in line with inflation.Penny Mordaunt, the Leader of the House of Commons and a former Conservative Party leadership contender, told Times Radio that she has “always supported” both pensions and welfare support rising alongside inflation.After …
04.10.2022 - 08:03
Business
Evening Standard
Made.com reveals talks with possible buyers as up to £70m needed in funding
Beleaguered online furniture firm Made.com has said it is in talks with a number of possible buyers as it revealed up to £70 million in funding was needed over the next 18 months.Battered shares in the group rebounded nearly a fifth higher in early trading on Tuesday as it said it had now entered non-disclosure …
04.10.2022 - 07:56
Business
Business Live
Four-day week pilot: Boss reveals the seven key things he’s learnt so far
The half-way point has been reached in a ground-breaking pilot taking place across the UK. Around 70 companies up and down the country are participating in a four-day week pilot, which is due to conclude in December. One of the firms taking part is environmental consultancy Tyler Grange, whose 80-strong nationwide team are not working …
04.10.2022 - 06:56
Business
Sky News
Truss refuses to commit to raising benefits in line with inflation despite growing pressure
Liz Truss has refused to commit to raising benefits in line with inflation, despite growing pressure from a cabinet minister and senior Tory MPs. Speaking to broadcasters in Birmingham, where the Tory party conference is underway, the prime minister said she had “not made a decision” on whether to stick to the benefit uprate promised …
04.10.2022 - 06:41
Business
Business Live
Greggs eyes more shop openings this year as sales shoot up
Bakery giant Greggs says it plans to open yet more shops during the remainder of this year as its sales increased thanks to cost-conscious customers. The high street firm said in a third quarter trading update that it had so far opened 106 new locations and closed 16 existing shops – but was still aiming …
04.10.2022 - 06:32
Business
Sky News
Fuel prices could rise again as oil-producing states ponder output cut
There is a mounting risk that fuel prices could soon begin to rise again as major oil-producing countries ponder a big cut in output.The Opec+ cartel, which includes Saudi Arabia and Russia among its main members, is expected by markets to reveal this week a collective target to reduce delivery by more than one million …
03.10.2022 - 19:31
Business
Sky News
Only 1 in 25 of CEOs in Britain’s largest publicly listed companies are women
Only 1 in 25 of CEOs in Britain’s largest publicly listed companies are women, according to a new report.Analysis of senior leadership in the FTSE 350 largest companies listed on the London Stock Exchange showed 96% of CEOs are men. This is despite the entry level recruitment often being close to 50:50, according to analysis …
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