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05.07.2022 - 10:00
Business
Business Live
Covid scientist Sir Jonathan Van-Tam addresses East Midlands Chamber annual dinner
Sir Jonathan Van-Tam, one of the top level team that helped guide Britain through the pandemic, told the annual East Midlands Chamber dinner that science must be as accessible as possible if it is to help the public. Sir Jonathan, who was a regular figure at Downing Street press conferences during the pandemic spoke about …
05.07.2022 - 10:00
Business
Business Live
DHL plans to create 600 jobs at new Coventry depot
Around 600 jobs are set to be created in the West Midlands after postal delivery giant DHL announced a huge investment in the region. The company said it planned to open a new 269,000 sq ft facility on Segro Park near Coventry Airport which would have the capacity to handle more than 500,000 items per …
05.07.2022 - 09:43
Business
Business Live
Bristol jewellery business secures £600k to open new Birmingham workshop
A fast-growing jewellery business in Bristol has received a £600,000 investment to help it expand its operations outside of the city. Online retailer Lillicoco, which operates out of the Square Works co-working office space on Berkeley Square in Clifton, specialises in luxury antique pieces including rings, necklaces and pendants. The business was founded in 2016 …
05.07.2022 - 09:40
Business
Sky News
Bank of England tells lenders to prepare for ‘deteriorated economic outlook’
The Bank of England has told lenders to prepare for a “deteriorated economic outlook”.Banks were told to ramp up capital buffers to ensure they can weather the storm. “The economic outlook for the UK and globally has deteriorated materially,” the Bank said as it published its latest Financial Stability Report, largely blaming the impact of …
05.07.2022 - 09:38
Business
Business Live
UK sales rise offsets international fall at I Saw It First but online fashion brand remains in the red
A rise in UK sales at online fashion brand I Saw it First offset the drop in international demand during its latest financial year, new documents have revealed. The Manchester-headquartered company has posted an overall jump in sales of 30% for its latest 12 months but remained in the red with losses totalling £7.8m. Newly-filed …
05.07.2022 - 06:19
Business
Sky News
Sainsbury’s warns of ‘intensifying pressure on household budgets’ as sales fall
Sainsbury’s has reported a fall in sales as shoppers cut back on spending amid intensifying “pressure on household budgets”.The company saw a 4% drop in like-for-like sales, excluding fuel, over the 16 weeks to 25 June, compared with the same period last year. The slump was largely driven by weakness in sales of general merchandise …
05.07.2022 - 05:59
Business
Sky News
UK new car sales slump to worst June in 26 years
The UK car industry has been hit by its worst June for new car sales since 1996. Registrations of new cars plummeted about 24% last month compared with June 2021, according to the Society of Motor Manufacturers and Traders (SMMT). Manufacturers have had problems fulfilling orders due to global shortages of semiconductors, the trade body …
04.07.2022 - 18:11
Business
Sky News
Think your travel insurance will cover you against strikes? You may want to double-check…
Almost half of insurance policies don’t protect holidaymakers from cancellations caused by industrial action, the consumer group Which? has found.Its analysis of 199 packages offered by 71 providers found that 40% did not offer cover for strike action. Travellers are being warned to brace for chaos this summer as unions vote to strike in a …
04.07.2022 - 14:28
Business
Evening Standard
Tesla faces fresh discrimination claim from staff
Tesla is facing a lawsuit from 15 Black staff who accuse the electric car giants of racial discriminationWhat is the complaint?They say Tesla has been turned “into a racially hostile work environment”. On purpose, is the suggestion. They say use of the N-word is common and goes unpunished. And that black staff are routinely overlooked …
04.07.2022 - 13:59
Business
Evening Standard
Glass ceiling still firmly in place in the C-suite
Any observer Zooming into the boardrooms of Britain’s biggest companies might initially be impressed by the healthy gender mix of the directors sitting round the table.More than a decade after the launch of the Davies review into women on boards much progress appears to have been made. Now around four out of 10 FTSE 100 …
04.07.2022 - 13:10
Business
Sky News
Kellogg’s loses legal challenge against new rules on sugary cereals
Kellogg’s has lost a legal challenge against the government over new food regulations that would stop some of its cereals being prominently displayed in shops.The maker of Coco Pops and All-Bran took legal action against the Department of Health and Social Care (DHSC) over the rules, which come into force this October. Under the plans, …
04.07.2022 - 13:02
Business
Sky News
9 tips to reduce how much petrol or diesel you use amid record fuel prices
Petrol has crept over £1.90 per litre, while diesel is not far off £2, and chancellor Rishi Sunak is considering calls for a more substantial fuel duty cut.Things are so bad that some people are unable to afford to fuel to get to work. While help from the government would be welcomed by motorists, there …
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