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Four firms move into the Cotton Exchange in Liverpool
Bruntwood Works has secured four new lettings at the Cotton Exchange in Liverpool. International transportation business Genco Shipping & Trading has moved into a 1,050 sq ft fully refurbished space on the building’s second floor. Creative and digital agency Kaleidoscope has expanded its presence at Cotton Exchange by agreeing a new 1,400 sq ft workspace …
Business
Evening Standard
Supply chain ‘will be severely disrupted’ by Felixstowe port strike, union warns
A union official says “the supply chain will be severely disrupted” by an eight-day strike at the UK’s biggest container port.Unite national officer Robert Morton also warned there “will be more strikes” if his members’ pay demands are not met, as some 1,900 members of Unite at Felixstowe, Suffolk, are expected to walk out in …
Business
Evening Standard
Cineworld heads to US bankruptcy filing as debt woes mount
CINEWORLD today admitted it is pondering filing for bankruptcy – at least in the US – while it fights for survival in a post pandemic world.That means an insolvency filing in the UK is now a clear possibility, likely leading to a wipe-out for long suffering shareholders.The world’s second largest cinema chain after AMC is …
Business
Evening Standard
PwC faces lawsuit over ‘pub golf’ drinking game injury
An employee at auditing giant PwC is suing the company after he suffered a serious head injury during a work event during an alleged drinking game called “pub golf” involving what has been described as “excessive” amounts of alcohol. Michael Brockie has instructed a personal injury claim against the business, where it has been revealed that …
Business
Sky News
Bernie Ecclestone appears in court over alleged fraud
Former Formula One boss Bernie Ecclestone has appeared in court to deny a charge of fraud.The 91-year-old is accused over an alleged failure to declare £400m of overseas assets to the government. He faces a charge of fraud by false representation between 13 July 2013 and 5 October 2016.According to the charge, he claimed he …
Business
Business Live
What the 35% drop in Joules share price means for potential deal with Next Plc
The Joules share price was stable on Monday (August 22) after dropping almost a third at the end of last week. The Leicestershire-headquartered fashion retailer – which has had a tough 2022 – issued a profit warning on Friday after the heatwave, coupled with the cost-of-living crisis, caused a drop in sales of staples such …
Business
Business Live
Spitfire flown by The Great Escape’s Sandy Gunn to return to skies with help from GKN
A Second World War Spitfire flown by a pilot whose story was immortalised in the film The Great Escape is set to return to the skies as part of a major project. The AA810 plane flown by Alistair ‘Sandy’ Gunn was shot down over Norway in 1942 while on a secret mission to photograph the …
Business
Evening Standard
Vodafone to sell Hungary business in £1.5 billion deal
Telecoms firm Vodafone has sold its Hungarian business in a deal worth 715 billion forints (£1.5 billion).The company said it agreed non-binding terms with Hungary-based 4iG and Corvinus, a company owned by the Hungarian state, to create a locally-owned telecoms operator.Vodafone boss Nick Read said: “The Hungarian Government has a clear strategy to build a …
Business
Sky News
Union admits supply chain will be ‘severely disrupted’ as port workers go on strike
Strikes at the UK’s largest container port will see the supply chain “severely disrupted”, the head of Unite has said, as he warns “there will be more strikes”.Almost 2,000 workers have walked out of their jobs on the second of an eight-day workers’ strike – the latest in a summer of industrial action. About 1,900 …
Business
Sky News
Cineworld may file for bankruptcy in US
Cineworld has confirmed it may file for bankruptcy in the US, days after its shares nose-dived over reports the world’s second largest cinema chain was in difficulties.The UK-based company, which globally employs around 28,000 people across 751 sites in 10 countries, said it was considering options for how to restructure the business as it wrestled …
Business
Business Live
Newcastle fashion entrepreneur launches Cloan clothing rental business for sustainable shopping
A North East entrepreneur has launched an online clothing rental site to encourage a greener approach to fashion. Rachel Cornick, 39, from Jesmond, Newcastle, has set up Cloan – a platform combining fashion rental with the power of social media, offering consumers the ability to ‘loan’ influencers’ wardrobes. Ms Cornick, who is also the founder …
Business
Sky News
Workers at port which handles almost half the container freight entering UK begin eight-day strike
Almost 2,000 workers have walked out of their jobs at the UK’s largest container port on the first day of an eight-day workers strike, in the latest round of industrial action hitting various sectors of the economy.The strike at Felixstowe port on the east coast rounds off a week that saw various strikes by thousands …

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