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02.09.2022 - 11:54
Business
Sky News
Going nuclear, slowing footfall, Surrey whisky
Today, Ian’s catching up with the Nuclear Industry Association after Boris Johnson’s backing for a new power station at Sizewell.Also, more evidence of shoppers tightening their belts, but we hear from a travel company who say rising bills don’t seem to be putting us off booking holidays.And find out why the Surrey gin belt is …
02.09.2022 - 10:14
Business
Business Live
Don’t write-off the high street just yet
When we think of the most important businesses in the UK economy, how many of us consider the shops on the high street or the stores on out of town developments? When we wheel our trolleys around the supermarket during our weekly shop or browse within our local independent shops, do we consider the impact …
02.09.2022 - 10:09
Business
Business Live
Waitrose criticised by watchdog after supermarket giant breached order seven times
Waitrose has been criticised by the the Competition and Markets Authority (CMA) over seven breaches of an order put in place to stop large grocery retailers gaining an unfair advantage. The chain, which is part of the larger John Lewis group, breached one of the two orders put in place following the Groceries Market Investigation. …
02.09.2022 - 10:07
Business
Evening Standard
Starbucks appoints outgoing Reckitt Benckiser chief as its next CEO
The outgoing chief executive of Reckitt Benckiser has been named as the next CEO of Starbucks, the coffee giant which has almost 34,000 outlets across the globe.Laxman Narasimhan’s departure from the FTSE 100 maker of Gaviscon and Cillit Bang surprised the City when it was announced yesterday after just three years in charge, sending shares …
02.09.2022 - 10:05
Business
Evening Standard
Pharma group bosses face being struck off after watchdog ruling
Pharmaceutical firms have appealed against the competition watchdog’s move to strike off seven bosses for misconduct.The Competition and Markets Authority (CMA) said on Friday that it had issued proceedings in the High Court to disqualify directors at four groups, including the chief executive of international healthcare group Alliance Pharma.It follows an investigation into alleged breaches …
02.09.2022 - 09:59
Business
Business Live
ADVERTORIAL: The benefits apprenticeships can bring to your business
There has been an increase in the uptake of apprenticeships across UK industries and with good reason – there are many benefits for employers that apprentices can bring to their business. With more than 600 different apprenticeships available, it is an attractive option to not just young people, but those of all ages and abilities …
02.09.2022 - 09:56
Business
Sky News
Zahawi prepares multibillion-pound tax cuts for businesses weathering energy crisis
The chancellor is preparing a multibillion-pound package of tax cuts to help businesses struggling with soaring energy costs.Nadhim Zahawi is drawing up emergency plans to save companies on the brink of collapse for the incoming prime minister, who will be named on Monday. According to The Times, the chancellor believes the government can learn from …
02.09.2022 - 09:52
Business
Business Live
Pension Geeks aiming to help half the population as campaign built from humble beginnings is backed big
The Grimsby team driving pension awareness across the UK are eyeing up an opportunity to help more than half of the population get to grips with their savings. Pension Geeks was set up almost a decade ago by couple Jonathan Bland and Rachel Parkinson, with the niche financial communications specialist snapped up by industry big-hitter …
02.09.2022 - 09:40
Business
Evening Standard
Ryanair breaks passenger record in August flying 17 million people
Ryanair has reported record passenger numbers for August, as the Irish low-cost airline lives up to its ambition to grow faster into a recession and burnishes its reputation for competent handling at a time of airport disruption.It flew almost 17 million people in August, more than its pre-Covid peak of almost 15 million in the …
02.09.2022 - 09:34
Business
Evening Standard
UK food security under threat amid CO2 crisis, chicken firm boss warns
Fresh fears of a carbon dioxide shortage means UK food security is “under threat”, the boss of the UK’s biggest chicken processor has warned.Ranjit Singh Boparan – who runs 2 Sisters Food Group and has been dubbed the Chicken King – said a key food industry CO2 supplier has threatened to increase prices up to …
02.09.2022 - 09:23
Business
Evening Standard
Time to cut interest rates, not raise them as economic gloom deepens
There is news of pubs closing in York and in Dorset with industry groups warning of mass closures to come due to spiralling energy costs. Heaven forbid, there is even talk that to survive they would have to charge fourteen quid a pint. The cost of borrowing is shooting upwards because the Bank of England is foolishly …
02.09.2022 - 09:17
Business
Business Live
Wrightbus scoops £81 million electric bus order with First Group
Ballymena’s Wrightbus has secured an £81 million order from one of England’s biggest transport companies for its electric buses. The deal for 193 buses with First Group is the largest electric vehicle (EV) bus order outside London and has been partly funded by a Department for Transport grant to the tune of £38 million, split …
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