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Sky News
BA workers call off summer strike action after pay offer accepted
British Airways (BA) narrowly averted further travel chaos this summer after a pay increase was accepted by the union that represents thousands of workers.Hundreds of members of the GMB union voted to call off summer strike action on Friday after accepting the new terms. The new pay deal – which includes an 8% consolidated pay …
Business
Sky News
Meet two members of Britain’s ‘missing million’
The UK economy is facing a labour crisis that is affecting every sector of the economy, from agriculture to airlines, and hospitality to hi-tech industries.At its heart is a shortage of people to do the jobs required to help the economy recover and grow after the pandemic, the product of a unique combination of low …
Business
Sky News
UK minerals, Jubilee sales, and ‘unwinding’ from the office
On today’s episode, Ian King is joined by Pensana Metals chairman Paul Atherley who’s announced plans to build the second-largest magnet materials refiner outside China, in East Yorkshire. It’s part of a new minerals strategy for the UK. Also today, Platinum Jubilee celebrations fail to turn drops in retail sales, positive. And hear more about …
Business
Sky News
Former HMV-owner Hilco joins race to wrap up Paperchase deal
One of the most prolific investors in the UK high street has joined the race to wrap up a takeover of Paperchase, the stationery retailer.Sky News has learnt that Hilco Capital, which recently snapped up the modern vintage brand Cath Kidston, is among a small number of parties engaged in talks about a deal with …
Business
Business Live
Why the success of a high growth business is never just down to the founder
Next week, we close the search for the fastest growing firms in Wales which will culminate in a glittering awards ceremony in Cardiff later this year where the achievements of some of the most entrepreneurial Welsh firms will be celebrated. The Wales Fast Growth 50 recognises those group of high growth businesses that make a …
Business
Business Live
Completion of Exeter’s new Marsh Barton rail station just months away
A new rail station for Exeter’s largest industrial estate in Marsh Barton is on track to open this winter. The station, located on the eastern edge of the estate, near the Energy from Waste plant, is being developed by GRAHAM on behalf of Devon County Council. Partners involved in the development of the new station …
Business
Business Live
Bath firm launched to develop ‘ground-breaking’ vaccine storage tech
A new company has been launched out of the University of Bath to develop “ground-breaking” technology designed to prevent vaccines from ‘spoiling’ during transportation. Bio-tech spinout EnsilTech has been formed by chemistry researchers at the university who have been developing a new method which could allow for jabs to remain safe and effective at all …
Business
Evening Standard
Snap shares tank after revenues fall short
Snap shares plummeted 25% last night after the social media firm missed revenue expectations and warned it faces “incredibly challenging” conditions.That makes it just the latest tech giant to disappoint investors amid carnage in the market.The company behind Snapchat posted a loss of over $400 million in the quarter to June, while revenues of $1.11 …
Business
Evening Standard
The economic danger of rivals for No. 10 shooting from the lip
President Bill Clinton’s political adviser James Carville once said, “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400 baseball hitter. But now I would like to come back as the bond market. You can intimidate everybody.”To put this in context …
Business
Evening Standard
Homeserve boosts Checkatrade with £4.1 billion takeover on track
Homeserve the domestic repairs and improvements business that was snapped up by Canadian investor Brookfield Asset Management for £4.1 billion has boosted its Checkatrade rating site to almost 50,000 members. In advance of its AGM today the company said  that trading had been “in line with expectations”. The rating site now has 47,000 members.It said that the trading update …
Business
Business Live
Cwmbran warehouse sold to developer behind Cardiff City Stadium
A warehouse in Cwmbran has been bought by the commercial property developer behind Cardiff City Stadium and Capital retail park. The warehouse unit with offices on Avondale Industrial Estate was sold by property consultancy Knight Frank. Acting on behalf of IG Doors Ltd, Knight Frank sold the freehold of the 51,695 sq ft Unit 4 …
Business
Business Live
Plans for former Housing Executive office as bakery chain hope to open another Belfast location
A popular fast-food chain has applied to open another location in a new Belfast city centre office development. The store will open as part of a new £25million office development on Great Victoria Street. The Vantage Belfast will transform the former Housing Executive building into a Grade A office space where employers will be able …

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