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25.08.2022 - 10:43
Business
Sky News
Lidl to sell drought-hit ‘stunted’ fruit and veg to help farmers and cut food waste
Lidl has said it will sell “stunted” fruit and vegetables impacted by the drought to support farmers and ensure food does not go to waste.The discount supermarket has written to its British fresh produce suppliers to offer support in the wake of the prolonged record-breaking heatwave which hit crops. Where possible, it will now include …
25.08.2022 - 10:15
Business
Business Live
Gallery: Aston Villa showcase new images of Villa Park regeneration
25.08.2022 - 10:13
Business
Evening Standard
Amigo customer numbers halve in a year
Sub-prime lender Amigo has witnessed its customer numbers half in just a year even facing the worst cost of living crisis in decades a key time for consumers to take out “non-traditional” loans.The troubled group that has had run ins with the Financial Conduct Authority (FCA) that led to its self-imposed departure from the lending …
25.08.2022 - 09:58
Business
Evening Standard
Fears of new CO2 shortage after last fertiliser plant confirms shutdown
The UK’s last fertiliser plant is to halt production, sparking fears that it could lead to a sudden shortfall in carbon dioxide needed for the food and drink industry.CF Fertilisers confirmed the move at its remaining UK ammonia plant at Billingham near Middlesbrough after soaring energy costs made production “uneconomical”.The company is one of the …
25.08.2022 - 09:52
Business
Business Live
Trio of lettings announced at prominent Leeds office and retail complex
A trio of deals has been completed at a prominent office and retail complex in Leeds city centre. IT healthcare services provider Synanetics, e-commerce and marketing agency Ayko and dental practice Smmmile have all signed up for space in Equity House, one of the three self-contained buildings which comprise the 50,000 sqft Bourse. Synanetics has …
25.08.2022 - 09:38
Business
Evening Standard
Doorstep lender Morses Club sinks to £43m loss as claims surge from borrowers
Doorstep lender Morses Club has posted a £43 million loss after being flooded with claims from borrowers over “unaffordable” lending.The claims surge follows a clampdown by the Financial Conduct Authority on subprime lenders that it said do not treat customers fairly.Earlier in August the company put a pause on processing claims to avoid “significant near-term …
25.08.2022 - 09:38
Business
Business Live
Why we cannot afford to give up on boosting productivity
It seems that not a day goes by without there being another headline about the cost-of-living crisis, rising inflation or the perilous state of the nation’s finances. Post-pandemic optimism has quickly been replaced by financial pessimism as a series of global events have had an impact on the economic outlook. Until recently, the UK manufacturing …
25.08.2022 - 09:28
Business
Evening Standard
Cannabis products firm Love Hemp hit by trading suspension
Cannabis-based products business Love Hemp has been slapped with a £100,000 fine and de-listed from alternative market Aquis Stock Exchange (AQSE) due to a fundraising issue. Th company backed by two-time world heavyweight champion boxer Anthony Joshua specialises in cannabis oil (CBD) and other hemp products, including edibles and capsules, and has now agreed to pay a reduced fee of £70,000 …
25.08.2022 - 09:19
Business
Business Live
Business group calls for greater Ofgem powers to support firms facing soaring energy bills
The Government should hand more power to energy regulator Ofgem, cut VAT and introduce pandemic-style emergency grants in order to help businesses facing rocketing costs, the British Chamber of Commerce (BCC) has said. The business group has said action must be taken quickly to “protect businesses, livelihoods and jobs” in a letter to the Prime …
25.08.2022 - 08:43
Business
Evening Standard
War for talent sends City salaries booming, says Hays
TTHE City of London jobs market is booming, defying wider economic gloom amidst what top recruiter Hays calls an “acute skill shortage”.The headhunter today reported a 128% leap in profits for the year to June of £210 million. That allows it to pay dividends worth £168 million to investors with a possible £75 million of …
25.08.2022 - 08:37
Business
Business Live
Electric quad bike firm to accelerate international growth with funding boost
A growing South West electric quad bike business has secured a funding boost to continue its journey of expansion. Eco Charger manufactures a range of electric all-terrain vehicles for sectors including farming, tourism and policing at a factory in Weston-super-Mare, North Somerset. Founded by Devon-based entrepreneur Fred Chugg in 2011, the company has more than …
25.08.2022 - 08:28
Business
Sky News
Shell Energy to pay £500k for customer price cap overcharge
Shell Energy is to pay out more than half a million pounds for overcharging thousands of households above the permitted price cap.Industry regulator Ofgem said the supplier would refund and compensate 11,275 prepayment customers as well as pay into a fund to support vulnerable people. Shell Energy had reported the problem itself after discovering that …
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