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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 …
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 …
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 …
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 …
Business
Evening Standard
Ryanair breaks passenger record in August flying 17 million people
Ryanair has reported record passenger numbers for August, as the Irish low-cost airline lives up to its ambition to grow faster into a recession and burnishes its reputation for competent handling at a time of airport disruption.It flew almost 17 million people in August, more than its pre-Covid peak of almost 15 million in the …
Business
Evening Standard
UK food security under threat amid CO2 crisis, chicken firm boss warns
Fresh fears of a carbon dioxide shortage means UK food security is “under threat”, the boss of the UK’s biggest chicken processor has warned.Ranjit Singh Boparan – who runs 2 Sisters Food Group and has been dubbed the Chicken King – said a key food industry CO2 supplier has threatened to increase prices up to …
Business
Evening Standard
Time to cut interest rates, not raise them as economic gloom deepens
There is news of pubs closing in York and in Dorset with industry groups warning of mass closures to come due to spiralling energy costs. Heaven forbid, there is even talk that to survive they would have to charge fourteen quid a pint.  The cost of borrowing is shooting upwards because the Bank of England is foolishly …
Business
Business Live
Wrightbus scoops £81 million electric bus order with First Group
Ballymena’s Wrightbus has secured an £81 million order from one of England’s biggest transport companies for its electric buses. The deal for 193 buses with First Group is the largest electric vehicle (EV) bus order outside London and has been partly funded by a Department for Transport grant to the tune of £38 million, split …
Business
Sky News
OnlyFans profits explode as users flock to porn platform
The British adult subscription platform OnlyFans has had a huge jump in revenues this year, raking in more than £805m as users flocked to the site for its amateur pornographic content.Recording pre-tax profits of £374m, OnlyFans had its most significant yearly growth to date in 2021. The company’s revenues increased by 160% from £309m to …
Business
Sky News
UK forecast to enter recession this year
The UK will enter recession before the end of this year, with growth expected to be weak into 2024.That is the latest forecast from the British Chambers of Commerce (BCC), which said it expects the UK economy to record three consecutive quarters of contraction – the definition of a recession – this year. However, unlike …
Business
Sky News
RMT announces rail strike dates in September as pay dispute continues
Tens of thousands of rail workers will stage two further strikes this month as their dispute over pay, jobs and conditions continues.Members of the Rail, Maritime and Transport union (RMT) at Network Rail and 14 train operators will strike on 15 and 17 September. The union said that the rail network would “effectively shut down” …
Business
Sky News
Soaring US dollar pushes pound to biggest monthly fall since 2016
The soaring US dollar has pushed the pound to its biggest monthly fall since October 2016.The pound shed 4.6% in August, having lost 14% so far this year, as concerns grow about the state of the British economy. On Thursday afternoon it hovered just above $1.15. The news was not much better against the euro …

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