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Tyneside recruiter Central Employment gives staff £500 payment to help in cost-of-living crisis
A growing recruitment firm has given a one-off payment of £500 to its employees to help with the cost-of-living crisis, after reporting strong full-year results. Newcastle-based Central Employment provides recruitment services for some of the North East’s largest businesses and brands from its offices in St Mary’s Place, supplying more than 1,000 employees to the …
Business
Business Live
143 jobs lost after health food businesses go under
More than 140 jobs have been lost after what was said to be the UK’s biggest wholesale distributors of healthy, natural and organic products went bust. Tree of Life UK Limited, based in Newcastle-under-Lyme, and sister company Health Stores (Wholesale) Limited in Nottingham went into administration blaming tough market conditions and the loss of a …
Business
Evening Standard
Strike at port will escalate unless improved pay offer is made, vows union boss
A strike at Britain’s largest container port will escalate unless workers are given an improved pay offer, a trade union boss said as she signalled that disruption could continue until Christmas.Sharon Graham, general secretary of the Unite trade union, addressed a flag-waving crowd of striking workers gathered on a roundabout near dock gate number one …
Business
Business Live
New workspace for BBC Studios in Bristol unveiled
Work on new offices for BBC Studios in Bristol has been completed. The redesign of the Beeb’s production base at Bridgwater House in Finzels Reach was carried out by London architecture and design firm HOK. The new office will house BBC staff from the Natural History Unit (NHU) and Factual Entertainment Bristol, which produces Top …
Business
Business Live
Average price of car at Lookers grows by a quarter as semiconductor shortage disrupts automotive market
Car giant Lookers says the shortage of semiconductors has helped push up demand for vehicles as it said the average price of a used car had grown by more than a quarter. The Cheshire group said used car prices rose 27% in the first half of 2022, compared to the same period in 2021. That …
Business
Business Live
Monopoly fears over merger of dental businesses
The Competition and Markets Authority (CMA) has asked an expanded dentistry business to show how its recent acquisition won’t hit the level of services offered to NHS patients. The CMA opened an investigation into the purchase of Dental Partners Group by Riviera Bidco – the owner of dental practice operator Rodericks Dental. It was concerned …
Business
Evening Standard
Oil price rebound scares investors ahead of key US Fed speech
THE price of oil surged back over $100 a barrel mark today adding to concerns about the cost of living crisis ahead of likely forecourt fuel hikes.The cost of a barrel of Brent crude rose $3.74, or nearly 4 per cent overnight to $100.22 after Saudi Arabia mooted the idea of cuts in production to …
Business
Evening Standard
Costain on track to complete HS2 works as profits rise
Costain has said it is on track to complete its work on the HS rail link by 2027 as it reported an increase of almost 22% in profits, helped by inflation protection clauses in its contracts.The construction company is starting work on the line’s main tunnels this summer, with seven boring machines due to start …
Business
Sky News
UK imported no fuels from Russia in June while import of goods also dropped to £33m
Britain imported no fuels from Russia in June for the first time on record following the imposition of sanctions over the invasion of Ukraine, official data shows.The figure published by the Office for National Statistics (ONS) comes after the UK moved to sever all reliance on Moscow for its power needs in the face of …
Business
Sky News
Firms face ‘distress’ unless energy cost crisis tackled, warns CBI
Many viable companies face “distress” unless urgent action is taken by the government to get a grip on the energy cost crisis, a leading business body has warned.Firms were already feeling the pinch and risk being pushed to the brink by further price hikes, said the Confederation of British Industry. It published survey data that …
Business
Evening Standard
Office space provider IWG hires Steel to head finance
Flexible office space business IWG has appointed Charlie Steel as chief financial officer (CFO).He will join the board at the company, formerly known as Regus before the end of the year and will replace Glyn Hughes who has stepped down as head of finance to take a CEO post at a non-listed company. Hughes will remain …
Business
Evening Standard
Office space provider IWG hires Steel to head finance
Flexible office space business IWG has appointed Charlie Steel as chief financial officer (CFO).He will join the board at the company, formerly known as Regus before the end of the year and will replace Glyn Hughes who has stepped down as head of finance to take a CEO post at a non-listed company. Hughes will remain …

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