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Evening Standard
Rail union leader Mick Lynch to appear on BBC’s Have I Got News For You
Rail union leader Mick Lynch is to appear on BBC’s Have I Got News For You, cementing his popularity since he was thrust into the spotlight because of recent strike action.The general secretary of the Rail, Maritime and Transport union will be a panellist on the programme on September 23,Mr Lynch has become a media …
Business
Sky News
Royal Mail workers to stage further two-day strike in pay dispute
Royal Mail workers are to stage a further 48-hour strike starting at the end of this month in a dispute over pay and conditions. The Communication Workers Union (CWU) said on Twitter: “We have today called a further two days (of strike action) on 30 September and 1 October over attacks on terms and conditions.” …
Business
Sky News
Cineworld files for bankruptcy protection in the US
Cineworld Group has filed for bankruptcy protection in the US, as the debt-laden business seeks time to restructure.The British company said it has filed for Chapter 11 – a type of US bankruptcy which means it will be allowed to stay in business while it tries to bounce back from its problems. The world’s second-biggest …
Business
Sky News
Sterling plunges to lowest level against US dollar since 1985
The British pound has hit its lowest level against the US dollar in almost four decades.Just after 2pm on Wednesday, sterling fell to $1.1407, according to Refinitiv data – its lowest point since 1985. The pound has lost more than 15% against the dollar so far this year, hurt by both the dollar’s strength and …
Business
Sky News
Government borrowing: How much is too much? | Ian King
Liz Truss is planning a massive intervention aimed at insulating households and businesses from the impact of surging energy prices.No costings have yet been given – but the implication is that it will involve spending at least £100bn, which, in all probability, would be raised in higher government borrowing given the new prime minister’s aversion …
Business
Sky News
EU plans cap on Russian gas in retaliation for Ukraine war
The European Union appears set for a new showdown with Russia over gas supplies.The bloc has revealed plans for a price cap on Russian gas imports in retaliation for the war in Ukraine and measures to help member states cope with the energy squeeze. European Commission (EC) president Ursula von der Leyen laid out five …
Business
Sky News
EU plans cap on Russian gas in retaliation for Ukraine war
The European Union appears set for a new showdown with Russia over gas supplies.The bloc has revealed plans for a price cap on Russian gas imports in retaliation for the war in Ukraine and measures to help member states cope with the energy squeeze. Ursula von der Leyen, the president of the European Commission, laid …
Business
Business Live
Bruntwood SciTech submits plans to create 1,600 jobs at Alderley Park
Plans have been submitted for a major development at Alderley Park in Cheshire that have space for 1,600 jobs. Bruntwood SciTech, a 50:50 joint venture between Bruntwood and Legal & General, is behind the proposals to deliver two new buildings for lab and office space, totalling around 200,000 sq ft. Subject to permission being granted, …
Business
Evening Standard
Barratt scores £1 billion profit as house prices set new records
Barratt Developments has reported annual profit of over £1 billion for the first time in results published on the day average house prices reached fresh records in London and the UK.The landmark profits came at a time when the industry is bracing for the impact of sustained increases in interest rates and the higher mortgage …
Business
Business Live
Digital payments start-up that works with hotels giant IHG and Grosvenor Casinos secures £3m investment
A Manchester-headquartered digital payments start-up that works with hotels giant IHG and Grosvenor Casinos has secured a £3m investment. wi-Q, which also has offices in London and the Middle East, has receiving the backing of investor Praetura Ventures to ‘enhance its product offering and expand its international footprint’. Founded in 2014, wi-Q provides mobile ordering …
Business
Business Live
Port Talbot trucking firm opens new office space and creates 50 jobs following £2.7m investment
Trucking company Runtech has opened new offices in Swansea and created jobs as part of ambitious growth plans. The Port Talbot firm invested £2.7m to acquire the 17,000 sq ft offices at Dyfrig Court at Riverside Business Park. The funding, supported by Barclays, is part of Runtech’s ambitious growth plans and has already created 50 …
Business
Evening Standard
International travel bounceback helps lift WH Smith sales
WH Smith’s transition to an international travel retailer appears to be paying off after the firm posted revenues which soared past pre-pandemic levels.Sales at the firm’s ‘travel’ stores – which include train stations, service stations and airports – were almost 30% ahead of pre-pandemic levels in the six months to August, led by strong results …

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