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Evening Standard
More travel misery for rail passengers as strike action continues
Rail passengers are suffering fresh travel misery as tens of thousands of workers strike again in the long-running dispute over pay, jobs and conditions.Members of the Rail, Maritime and Transport union (RMT), the Transport Salaried Staffs’ Association (TSSA) and Unite walked out for 24 hours on Saturday, affecting Network Rail and a number of train …
Business
Sky News
Matalan founder Hargreaves faces fresh tussle with lenders over chain’s future
The founder of Matalan is preparing for a fresh tussle with the retailer’s lenders over its ownership ahead of a deadline for refinancing £350m in debt.Sky News has learnt that John Hargreaves, who reinstated himself as Matalan chairman last month, has in recent days proposed injecting tens of millions of pounds into the business. Under …
Business
Sky News
P&O will not face criminal action after firing almost 800 workers
P&O Ferries will not face criminal proceedings for firing almost 800 workers earlier this year, the Insolvency Service has determined.The company caused outrage and was hauled in front of MPs to answer questions in March when it sacked hundreds of workers without notice. Business Secretary Kwasi Kwarteng asked the Insolvency Service to investigate whether any …
Business
Sky News
Rail strikes continue today – with only 20% of train services expected to run
Only around one in five trains across the UK will operate today, as tens of thousands of workers go on strike again in the latest round of industrial action to hit the rail network.Members of the Rail, Maritime and Transport Workers (RMT) union and the Transport Salaried Staffs’ Association (TSSA) will both strike once more …
Business
Sky News
Rail strikes cause fresh travel misery for passengers
Rail passengers are suffering fresh travel misery as tens of thousands of workers strike again in the long-running dispute over pay and conditions. Members of the Rail, Maritime and Transport union (RMT), the Transport Salaried Staffs’ Association (TSSA) and Unite walked out for 24 hours on Saturday, affecting Network Rail and a number of train …
Business
Evening Standard
Falling pound helps FTSE avoid global sell-off
Shares in London’s top index closed Friday in the green, capping off a positive week as the falling pound put wind in the sales of shares.While European and US shares were hammered, the FTSE 100 managed to stand out from a sea of red.It finished up 0.1%, or 8.52 points, to 7,550.37.The resurgence in the …
Business
Evening Standard
Tesco cancels shoppers’ online orders after ‘technical issue’
A glitch in Tesco’s systems has left customers without their shopping on Friday afternoon.The business was forced to cancel some orders that were due to be delivered during the day.The “technical issue” will not affect orders on Saturday, Tesco said. It said that customers who are affected will be contacted by email.They will then be …
Business
Business Live
New Grimsby seafood plant secured at Covid outbreak ‘taking longer to stabilise’
The company behind a new seafood plant in Grimsby has told how it will take longer to break even than anticipated. Icelandic Seafood International swooped for the former Five Star Fish site as Covid hit UK shores. What many hoped would impact for weeks is still hitting the books almost two-and-a-half years on, with a …
Business
Evening Standard
Worker shortages and wage rises to guide Hays to profit
Hays is set to reveal another strong profit as soaring competition for talent has pushed up wages and recruiting fees.The London-listed recruitment agency is expected to reveal an annual operating profit of around £210 million when it updates shareholders on Thursday.Last month, the company said it saw its fees increase by 23% over the three …
Business
Evening Standard
Shapps branded ‘clueless’ about rail chaos after overstating timetables
Grant Shapps has been accused of being “clueless” about rail disruption after overstating the number of trains running between Manchester and London.The Transport Secretary faced repeated questioning on BBC Breakfast about why it is currently only possible to catch one train an hour between the cities.Mr Shapps insisted that is incorrect and there are four …
Business
Business Live
Heritage train company launches first class service in competition with Avanti West Coast
A heritage train company is launching a charter service between London and the North West to help passengers frustrated by Avanti West Coast’s severe disruption. Crewe-based Locomotive Services Group will begin operating a first class-only charter service to and from London Euston on Friday. The train’s air-conditioned carriages are restored British Rail Mark 3 stock …
Business
Business Live
Heart-shaped treehouse set to open to help Northumberland tourism bloom
A Northumberland sustainable tourism business is introducing a romantic getaway with the help of a five-figure investment. Dave and Harvest Harris-Jones set up Laverock Law Cottages and Glamping 11 years ago on a two-acre site at Lowick near Berwick-upon-Tweed after restoring three semi-derelict cottages, which they now offer alongside a handcrafted shepherd’s hut made from …

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