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28.07.2022 - 09:58
Business
Evening Standard
BT staff prepare to strike despite best pay deal in 20 years
BT boss Philip Jansen today expressed his “sadness and disappointment” as unions head out on a two-day strike that starts tomorrow.The company today returned to revenue growth for the first time in five years, something the City was watching closely, with a 1% rise to £5.1 billion in the first quarter.But it has been unable …
28.07.2022 - 09:47
Business
Business Live
Devon food wholesaler set to expand into new HQ, creating 30 jobs
A wholesale food firm in Devon is set to create 30 jobs as it expands into a new headquarters and distribution centre. R D Johns Foodservice supplies hospitality venues, schools and care homes across the South West from its depots near Newton Abbot and in Bath, and also provides a butchery service. The company, which …
28.07.2022 - 09:47
Business
Evening Standard
City Comment: CWU makes wrong call on BT pay strike
CARTOON caricatures of unions leaders – barons! militants! – don’t do much for the national debate. Generally they are neither, they are just trying to do the best for their members in the most trying circumstances.Cliches about fat cat CEOs are barely any better.Philip Jansen at BT is – you’ll be shocked – a well-paid …
28.07.2022 - 09:28
Business
Business Live
Trade union-backed good employment charter launches across Bristol and Bath region
A charter aimed at raising working standards in the West Country has been launched in Bristol by the region’s metro mayor, Dan Norris. The Good Employment Charter is a West of England Combined Authority (Weca) initiative to boost worker engagement and improve recruitment within firms in the region. The charter has been designed by trade …
28.07.2022 - 09:24
Business
Business Live
Sporting focus for accountancy firm as stadium expertise honed in Hull
An award-winning hull accountancy practice has launched a new service aimed specifically at the sporting sector. 360 Chartered Accountants has introduced 360 Sport Finance and Mentoring, in response to a number of approaches from both professional and semi-professional sports clubs. Founder Andy Steele has helped countless sporting clubs throughout a distinguished accountancy career, with funding …
28.07.2022 - 05:46
Business
Sky News
Energy giants enjoy soaring profits as prices rise
Shell has reported record profits of $11.5bn (£9.4bn) for the second quarter, more than double last year’s figure of $5.5bn (£4.5bn).The oil giant had already smashed its own quarterly record at the start of the year when it clocked up profits of $9.1bn (£7.2bn), but the sums continued to rise into Q2. Shell attributed the …
28.07.2022 - 05:13
Business
Sky News
Nestle among corporate winners in big day for results while Barclays pays new price for misconduct
It’s a big day in the corporate calendar as a host of companies report on their progress – with many winners emerging in the tougher economy.Among the dozens of well-known names publishing results were the world’s largest food group in Nestle, Shell – the second-largest firm on the FTSE 100 – to Guinness owner Diageo. …
27.07.2022 - 15:47
Business
Sky News
Train drivers at nine rail companies to strike in August
Train drivers at nine rail companies will strike on 13 August, the Aslef union has announced. A separate walkout by drivers at seven rail operators is already planned for this Saturday.Both strikes will affect Chiltern, LNER, Northern, TransPennine Express, Arriva Rail London, Great Western, Southeastern and West Midlands Trains.Avanti West Coast and Cross Country will …
27.07.2022 - 14:45
Business
Sky News
Energy price cap expected to double in January, experts warn
The energy price cap is now expected to double in January, hitting £3,850 per year, according to experts.BFY Group, a utilities consultancy, said households could see energy bills of £500 for the month of January alone. The cap is forecast to rise to £3,420 in October – a much higher sum than the £2,800 predicted …
27.07.2022 - 13:57
Business
Sky News
Mamas & Papas sets off in search of new parent
The nursery and baby products chain Mamas & Papas is being put up for sale by its private equity backers.Sky News understands that the wholesale and retailer, which has been owned by Bluegem Capital since 2014, is working with bankers at Rothschild on a prospective auction. Mamas & Papas claims to be the UK’s biggest …
27.07.2022 - 13:39
Business
Sky News
Risk of ‘very high prices’ and electricity supply shortages – but the lights will stay on, National Grid says
The UK could face “very high prices” with experts warning household bills could rise to £3,850 this winter due to electricity supply shortages – but the lights will stay on, the National Grid has said.Households are already paying £1,971 per year for energy bills after the price cap was increased in April The cap is …
27.07.2022 - 10:31
Business
Sky News
Team Truss accuses Sunak of U-turn on tax pledge after VAT energy cut announcement
A row has erupted over whether Rishi Sunak U-turned on his pledge to not cut taxes after announcing he would slash VAT on energy bills.The former chancellor said if he becomes prime minister, he would implement the temporary measure to save the average household £160. Throughout his campaign to become Tory leader, he has repeatedly …
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