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Sky News
Ministers line up WH Smith’s Staunton to chair embattled Post Office
Ministers are lining up the outgoing chairman of WH Smith to chair the state-owned Post Office as it navigates the financial fallout of Britain’s biggest miscarriage of justice.Sky News has learnt that Henry Staunton, a former ITV finance chief, has been identified as the leading candidate to succeed Tim Parker later this year. If it …
Business
Sky News
Energy bills forecast to top £5,300 a year in April’s price cap
Energy bills are expected to top £5,300 annually in April next year, a massive increase from previous predictions.The dire news comes from energy consultancy Cornwall Insight in its final forecast before Ofgem confirms October’s price cap this Friday. Cornwall Insight’s forecast for October this year has fallen very slightly from £3,583 for the average household …
Business
Sky News
Can I be cut off from my energy supply if I can’t pay?
With energy prices rising again last Saturday, many are worried that they could end up with no power and gas to their home if they cannot keep up with payments.But what are the consequences of not being able to pay energy bills – and can companies cut you off from your supply? Here’s what our …
Business
Sky News
UK inflation to top 18% as gas prices soar, banking giant forecasts
UK inflation is set to top 18% in January – the highest point in more than 40 years and nine times the Bank of England’s target – due to rocketing wholesale gas prices, a global investment bank has forecast.Citi has predicted the retail energy price cap would surge to £4,567 in January and then £5,816 …
Business
Sky News
UK inflation to go as high as 18%, banking giant forecasts
UK inflation is set to top 18% in January – the highest point in more than 40 years and nine times the Bank of England’s target – due to rocketing wholesale gas prices, a global investment bank has forecast.Citi has predicted the retail energy price cap would surge to £4,567 in January and then £5,816 …
Business
Sky News
Global sulphur shortage threatens food security and advancement of green technology, scientists warn
A shortage of sulphuric acid could hamper the advancement of green technologies and threaten global food security, scientists have warned.Sulphuric acid is a vital chemical in modern industry as it is required for the production of phosphorous fertilisers and for extracting rare metals from ores such as cobalt and nickel, which are used in high-performance …
Business
Evening Standard
Bernie Ecclestone denies fraud over £400m in Singapore trust
Ex-Formula One supremo Bernie Ecclestone has denied fraud over an alleged failure to declare £400 million of overseas assets to the Government. The 91-year-old billionaire is accused of hiding a trust in Singapore from HM Revenue and Customs investigators during a probe into his tax affairs.Appearing at Westminster magistrates court, on Monday morning, Ecclestone pleaded …
Business
Business Live
Cardiff catering firm creating 150 jobs in big expansion
A Cardiff-headquartered contract catering firm to the education sector is creating 150 new jobs as it serves up a major expansion strategy. With the backing of a new six-figure lending facility from HSBC over the next year Cleverchefs is forecasting growing revenues to £12m from the current £7m. It will also open 40 new catering …
Business
Business Live
ADVERTORIAL: Latus Health is delivering industry leading safety critical medicals
If you own your own company or are managing a team, you’ve probably given some thought to how you can make sure your employees health and wellbeing can be improved. Finding occupational health services that not only prioritise your team’s health, but can also help make sure your company stays on top of health and …
Business
Business Live
Four firms move into the Cotton Exchange in Liverpool
Bruntwood Works has secured four new lettings at the Cotton Exchange in Liverpool. International transportation business Genco Shipping & Trading has moved into a 1,050 sq ft fully refurbished space on the building’s second floor. Creative and digital agency Kaleidoscope has expanded its presence at Cotton Exchange by agreeing a new 1,400 sq ft workspace …
Business
Evening Standard
Supply chain ‘will be severely disrupted’ by Felixstowe port strike, union warns
A union official says “the supply chain will be severely disrupted” by an eight-day strike at the UK’s biggest container port.Unite national officer Robert Morton also warned there “will be more strikes” if his members’ pay demands are not met, as some 1,900 members of Unite at Felixstowe, Suffolk, are expected to walk out in …
Business
Evening Standard
Cineworld heads to US bankruptcy filing as debt woes mount
CINEWORLD today admitted it is pondering filing for bankruptcy – at least in the US – while it fights for survival in a post pandemic world.That means an insolvency filing in the UK is now a clear possibility, likely leading to a wipe-out for long suffering shareholders.The world’s second largest cinema chain after AMC is …

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