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Rival recruiters Brownlee Dean and Tech Search Associates merge to create new consultancy
A Tyneside firm has merged with a West Yorkshire rival to create an expanded national recruitment and consultancy firm. Tech Search Associates, based in Leeds, and Brownlee Dean, based in Newcastle, have joined forces to create Brownlee Cale, a strategic partnership aimed at delivering better results for customers. The newly-formed business has plans to grow …
Business
Sky News
‘Fragile’ hospitality industry ‘cannot withstand economic shock’ of rail strikes
This week’s rail and tube strikes could cost the hospitality industry up to £540m, heaping pain on a sector that is still struggling to recover from the COVID-19 pandemic.Industry body UK Hospitality says it expects to see revenue hit by up to 20%, in comparison to what would be a normal week in June. Chief …
Business
Evening Standard
Crypto’s Lehman Brothers moment
Revered investor Warren Buffet once said “ only when the tide goes out do you discover who’s been swimming naked.”Crypto markets have plunged, and the reciprocal damage is starting to surface. Decentralised Finance (DeFi) lending platform Celsius are the latest to be caught with their pants down, sinking the total crypto market value below $1 …
Business
Business Live
Morrisons could look to bring investors to Grimsby’s Europarc with seafood site sale and leaseback
Morrisons’ new owners could look to sell and leaseback the manufacturing facilities it owns in Grimsby as it looks to fund the huge deal and finance future plans. Private equity firm Clayton Dubilier & Rice agreed a £7 billion deal for the Bradford-headquartered supermarket giant in October last year, after a lengthy auction process. The …
Business
Evening Standard
Nationwide offers chart-topping 5% savings deal in challenge to banks
Nationwide fired the first salvo in what could be a savings war by offering a market leading 5% interest rate on one leading account.That puts pressure on the banks to follow suit. They are already facing anger from consumer groups who say they are quick to raise mortgage costs when interest rates rise, but slow …
Business
Sky News
Commuter blocks bus and demands to get on as travel disruption continues
Millions of people have been hit by major disruption today due to the largest strike by rail workers for a generation. Just a fifth of trains are running and half of the lines are closed as around 40,000 members of the Rail, Maritime and Transport (RMT) union at Network Rail and 13 train operators have …
Business
Sky News
Train stations deserted as Britons hit by major travel disruption due to rail and Tube strikes
Millions of Britons are being hit by severe travel disruption, with only a fifth of train services running today due to the biggest national rail strike in 33 years. Half of lines are closed – affecting large swathes of the UK and most of Scotland and Wales – with limited hours of 7.30am to 6.30pm …
Business
Sky News
Scramble for value ranges as grocery inflation hits highest level since 2009
Demand for supermarket value ranges has surged by 12% as grocery inflation hits its highest level in 13 years, according to closely-watched industry data.Kantar Worldpanel reported that like-for-like grocery prices rose by an annual rate of 8.3% over the four weeks to 12 June, up 1.3 percentage points on the previous period. It warned that …
Business
Evening Standard
Countryside Partnerships strikes £1bn deal for 2,500-home Clapham Park development
A major £1 billion redevelopment of Clapham Park Estate with plans for 2,500 new homes has taken a step closer to reality.Developer Countryside Partnerships has struck a deal with Metropolitan Thames Valley Housing (MTVH) to deliver “significant regeneration” of the Lambeth estate.The firm said demolition works were now going “full steam ahead” and that this …
Business
Sky News
Biggest rail strike in three decades to go ahead as last-ditch talks fail
The biggest rail strike in three decades is expected go ahead after last-ditch talks failed, the RMT union said.A walkout by 40,000 workers on Tuesday, Thursday and Saturday will cause “total misery”, according to Transport Secretary Grant Shapps. Mr Shapps said the strike was “totally wrong” and would inconvenience millions – including those like his …
Business
Sky News
London-listed adtech firm Tremor in talks to buy £165m rival from Singtel
Tremor International, the London-listed advertising technology provider, is in talks with a Singaporean telecoms giant about acquiring one of its subsidiaries in a deal worth more than £165m.Sky News has learnt that Tremor is in advanced discussions with Singtel in a bid to finalise the purchase of Amobee, a California-based adtech business. Banking sources said …
Business
Sky News
Threat of ‘summer of discontent’ not unique to UK as unions flex muscles Europe wide
It would be tempting to assume, on the eve of what looks likely to be the biggest rail strike in a generation and amid speculation of a so-called “summer of discontent”, that the UK is somehow unique in being afflicted with poor labour relations at present.Nothing could be further from the truth. Governments across Europe …

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