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Helmsley Group brings prominent York office to the market
Property investment and development specialist Helmsley Group has put its Gateway Two office development in York on the market. The 14,472 sq ft building, located on Holgate Business Park, is available to buy or rent in its entirety. Described as offering modern, high-quality office space across three floors, with excellent transport links to York city …
Business
Business Live
Pest control business Terminix acquired by Norvestor
UK pest control business Terminix has been acquired by Norwegian investment firm Norvestor for an undisclosed sum. The Gloucestershire-headquartered company was supported in the deal by business advisory firm PKF Francis Clark. The transaction support team at PKF Francis Clark carried out vendor due diligence on the divestment of the UK business of Terminix Global …
Business
Business Live
ProCook confident in long term despite ‘deteriorating’ market
Bosses at ProCook have said the brand is in a strong financial position to weather a contracting kitchenware market, with consumer confidence hitting lows “not seen for many years”. In a set of preliminary results for the 2022 financial year, the Gloucestershire firm, which listed on the London Stock Exchange last year, reported 29.5% year-on-year …
Business
Sky News
Amazon being investigated in UK for practices which may give customers ‘worse deal’
Amazon is being investigated by Britain’s antitrust watchdog over concerns that some of its practices in the UK may be anticompetitive and result in a worse deal for shoppers.The Competition and Markets Authority (CMA) will look at whether Amazon is distorting competition by giving an unfair advantage to its own retail business or sellers that …
Business
Sky News
‘Nothing off the table’ on tax cuts, says chancellor
Chancellor Nadhim Zahawi has said there is “nothing off the table” on tax cuts as he called for caution on public sector pay rises.Speaking to Sky News on his first full day in the role, he said he would “look at everything” when pressed about his tax plans. “The most important thing is to rebuild …
Business
Sky News
Oil prices down 9% but pound slumps as recession fears grip global markets
Global financial markets are enduring a day of turmoil over rising fears of a recession for the US and Europe as economic growth is challenged by surging inflation.. There was a rush for safe havens in Europe on Tuesday, later mirrored in the US, with stock markets plunging and the pound and euro coming under …
Business
Sky News
British Airways cancels 11% of flights in summer holiday peak
British Airways has cancelled 11% of flights during the summer holiday peak in the hope of avoiding a repeat of the airport disruption witnessed earlier this year. The airline, one of the worst affected by post-pandemic staff shortages this year, said it was taking further “pre-emptive” action to prevent disruption for passengers and build greater …
Business
Evening Standard
Car sales fall by a quarter but electric vehicles charge ahead
New car sales dropped by a quarter last month as the global semiconductor shortage and the soaring cost of fuel continued to blight the industry.Registrations tumbled 24.3% to 140,958 in June, according to latest figures from trade body the Society of Motor Manfacturers and Traders (SMMT). It was the weakest June performance since 1996.However, sales …
Business
Sky News
Royal Mail managers to strike as union condemns ‘culture of greed’
Managers at Royal Mail will go on strike this month in a dispute over job cuts and pay, the Unite trade union has said.Unite warned that this would immediately affect postal and parcel services across the country. Some 2,400 managers will take industrial action from 20 July to 22 July. They will also work to …
Business
Business Live
Losses slashed at Bolton Wanderers owner in promotion year despite turnover hit
Losses have been slashed at the owner of Bolton Wanderers during the year the club were promoted back to League One despite its turnover continuing to be hit by the Covid-19 pandemic. Newly-filed accounts for Football Ventures (Whites) Limited have revealed the company’s operating losses went from £3.4m to £517,393 in the 12 months to …
Business
Evening Standard
Fears over the pound and travel chaos send FTSE 100 sliding
YESTERDAY’s market optimism seemed to evaporate today in a cloud of worry about the pound, the UK economy and travel despair.With airlines seemingly in chaos and Britain facing its first national train strike in 25 years, shares wobbled.British Airways owner IAG lost 4p to 103p. Easyjet, facing some suggestions that CEO Johan Lundgren might have …
Business
Evening Standard
Customers are “watching every penny” says Sainsbury boss as sales tumble
SAINSBURY’S today warned that customers are “watching every penny” as the cost-of-living squeeze tightens and warned it will get worse from here.It saw sales down 2.4% in the last quarter with Argos and the clothing arm particularly badly hit as people tried to cut back on non-essentials.The supermarket claims it is doing better than rivals, …

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