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02.09.2022 - 15:50
Business
Business Live
Food for thought as regional wholesaling giants in retail and catering enter expo mode
Two major food expos return this month for regional wholesale giants. Nisa’s annual expo is back for the first in-person event since 2019, having been moved online during the pandemic. More than 200 suppliers will converge on the NAEC in Stoneleigh, Warwickshire for the two-day event. Category talks, panel discussions, sampling and networking with suppliers, …
02.09.2022 - 15:38
Business
Sky News
Whitehall extends national security probe into Truphone deal
The government has extended a national security probe into the fire-sale of a leading British mobile phone technology provider whose owners include Roman Abramovich.Sky News has learnt that officials at a division of the Department for Business, Energy and Industrial Strategy (BEIS) are to take up to 45 additional working days to scrutinise the purchase …
02.09.2022 - 15:11
Business
Evening Standard
Ofgem executive given role of keeping the lights on over winter
Ofgem has appointed a new senior executive to ensure that the lights stay on this Christmas, amid fears that a gas shortage could cause problems in meeting demand.Akshay Kaul will take on the job as interim director of infrastructure and security of supply over the winter period, the regulator said.Mr Kaul was already one of …
02.09.2022 - 15:04
Business
Business Live
Scandinavian late night bar firm acquires fifth Cardiff nightclub venue
The Scandinavian bar and club operator and owner of PRYZM, Heidi’s Bier Bar and The Proud Mary Pub has acquired its fifth venue in Cardiff. REKOM has acquired Story nightclub from Excalibur on Greyfriars Road in Cardiff for an undisclosed sum. The deal will see the 1,400 capacity venue reopen this month as District, creating …
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 …
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