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02.09.2022 - 14:51
Business
Business Live
Dates for two-week strike at Port of Liverpool confirmed after Unite workers reject pay offer
The dates for a two-week strike by hundreds of Port of Liverpool workers have been confirmed. Members of Unite will walk out from 6am on Monday, September 19, to 6am on Monday, October 3, in a dispute over pay. More than 500 port operatives from Mersey Docks and Harbour Company (MDHC) voted in August in …
02.09.2022 - 14:45
Business
Sky News
Waitrose admits blocking rivals from opening stores
Waitrose has admitted to blocking rivals from opening supermarkets in close locations for close to a decade, according to the market watchdog.During an investigation between 2010 and 2019 into supermarket practices, the Competition and Markets Authority (CMA) found that Waitrose had conspired with landlords to prevent competing companies from opening stores. The practice, which Waitrose …
02.09.2022 - 12:45
Business
Sky News
Russia’s Gazprom says gas flows to Europe will stay shut after G7 agreed price cap to choke Putin’s war machine
Russia’s Gazprom has said natural gas supplies to Europe via the Nord Stream 1 pipeline will remain shut off.It comes after G7 finance ministers agreed to impose a price cap on Russian oil exports in an effort to limit funding for President Vladimir Putin’s war in Ukraine. Gazprom said it was not reinstating supplies to …
02.09.2022 - 12:45
Business
Sky News
Russia scraps plans to reopen major gas pipeline – deepening Europe’s difficulty in securing winter fuel
Russia has scrapped plans to reopen a major pipeline that sends natural gas to Europe.The decision by Gazprom, a state-controlled firm, will make it more difficult for Europe to secure fuel ahead of the winter. Gazprom said the Nord Stream 1 pipeline would remain closed because of a leak in the main gas turbine, although …
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 …
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