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Bettys & Taylors Group pushes turnover to more than £250m despite pandemic challenges
Yorkshire Tea maker Bettys & Taylors has seen revenues top £250m despite “significant trading challenges”. The Harrogate-based group comprises five Bettys tearooms, an online business, a craft bakery, a cookery school and tea and coffee merchant Taylors of Harrogate. Accounts show that in the year to the end of October 2021 the group made an …
Business
Business Live
ADVERTORIAL: Private equity partnership helps successful milkshake business grow from strength to strength
When Jodie Howie finished agricultural university in 2003, she spurned a traditional career path, deciding to start her own business instead. “My mum and dad were serial entrepreneurs, so I didn’t even think of getting a job,” she explains. Her first – and only – start-up idea was to create a range of premium milkshakes …
Business
Sky News
EY’s UK arm drafts in Rothschild as $80bn break-up looms
The British arm of EY, the accountancy firm, has drafted in one of the City’s top investment banks to advise on an impending $80bn break-up that will shake up the global accountancy profession.Sky News has learnt that EY’s UK board has asked Rothschild to advise on the implications of a separation of its audit and …
Business
Sky News
The Co-op to cut 400 jobs and blames ‘soaring inflation’
Supermarket chain The Co-op is axing 400 jobs at its head office in Manchester after blaming soaring inflation and difficult trading conditions for its poor financial performance.The company has said that supply chain chaos, higher staff wages, and record food prices have slashed its annual profits in half. The retailer’s underlying profit fell by 57% to £100m …
Business
Evening Standard
Twitter revenues fall amid legal battle with Elon Musk
Twitter shares fell 2.8% in pre-market trading after the social media firm reported an unexpected drop in revenue, amid a weakening sales from advertising.The company posted second quarter sales of $1.18 billion, significantly below the $1.32 billion analysts had expected, according to Refinitic data.The firm reported an operating loss of $344 million, while costs and …
Business
Sky News
Quiet airport desperate for more business offers to host flights being cancelled
London Southend Airport has contacted airlines offering to host flights being cancelled by busier airports.It comes after weeks of disruption across the aviation sector with post-COVID demand booming and many airports and airlines unable to cope. Speaking to Sky News, the boss of Southend Airport Glyn Jones said the past few months had been “far …
Business
Evening Standard
JD Sports suffers pay and bonus backlash from over a quarter of investors
Sportswear retailer JD Sports has suffered a rebuke from more than a quarter of its shareholders over executive pay and bonuses.The FTSE-100 listed company saw nearly 28 per cent of its investors vote against its pay plans for the year to 29 January.The outcry comes after a tumultuous time for the retailer, after its executive …
Business
Evening Standard
Heathrow school holidays strike called off as British Airways workers vote to accept pay deal
Summer chaos at Heathrow Airport has been reduced after hundreds of British Airways workers voted to accept a new pay offer.Strike action during the peak summer holiday has been averted after the pay deal was backed by 75% of workers on Friday, the GMB union said. Aviation workers – predominantly low paid women – who …
Business
Sky News
BA workers call off summer strike action after pay offer accepted
British Airways (BA) narrowly averted further travel chaos this summer after a pay increase was accepted by the union that represents thousands of workers.Hundreds of members of the GMB union voted to call off summer strike action on Friday after accepting the new terms. The new pay deal – which includes an 8% consolidated pay …
Business
Sky News
Meet two members of Britain’s ‘missing million’
The UK economy is facing a labour crisis that is affecting every sector of the economy, from agriculture to airlines, and hospitality to hi-tech industries.At its heart is a shortage of people to do the jobs required to help the economy recover and grow after the pandemic, the product of a unique combination of low …
Business
Sky News
UK minerals, Jubilee sales, and ‘unwinding’ from the office
On today’s episode, Ian King is joined by Pensana Metals chairman Paul Atherley who’s announced plans to build the second-largest magnet materials refiner outside China, in East Yorkshire. It’s part of a new minerals strategy for the UK. Also today, Platinum Jubilee celebrations fail to turn drops in retail sales, positive. And hear more about …
Business
Sky News
Former HMV-owner Hilco joins race to wrap up Paperchase deal
One of the most prolific investors in the UK high street has joined the race to wrap up a takeover of Paperchase, the stationery retailer.Sky News has learnt that Hilco Capital, which recently snapped up the modern vintage brand Cath Kidston, is among a small number of parties engaged in talks about a deal with …

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