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Business Live
Meet the sailboat pioneers turning the tide on global shipping
A one tonne shipment of wine from Portugal for one of the UK’s most prestigious hotels is marking a new era of growth for a Cornish business reviving sea freight under sail. Alex Geldenhuys, founder of Falmouth carbon neutral shipping company New Dawn Traders, is among a growing band of eco-entrepreneurs opening up trade routes …
Business
Business Live
Net zero consultancy ClearVUE.Business creates jobs following significant contract wins
A specialist consultancy that helps businesses reduce energy consumption is expanding with the creation of around 40 jobs. ClearVUE.Business, which has its head office in Gateshead, has developed technology that can give companies detailed information about energy usage – helping them on their way to achieving net zero and save money. The firm, which currently …
Business
Sky News
Twitter takes aim at Musk deal for poor results
Twitter has missed its expected earnings, partially blaming the disappointing financial results on Elon Musk’s botched takeover of the social media network.The world’s richest man said he was pulling out of a deal this month to buy the tech firm for $44bn (£36.6bn), and the company is suing him to try to force him to …
Business
Business Live
ADVERTORIAL: Pattersons Commercial Law supports the LeicestershireLive Business Awards 2022
Championing our region’s businesses is at the heart of everything Pattersons Commercial Law does. So it’s no surprise that the company, established in October 2016 with a core focus on advising small and medium enterprises, should mark its fifth anniversary by sponsoring both the NottinghamshireLive Top 200 Companies list and the LeicestershireLive Top 200 Companies …
Business
Business Live
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 …

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