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Trade union-backed good employment charter launches across Bristol and Bath region
A charter aimed at raising working standards in the West Country has been launched in Bristol by the region’s metro mayor, Dan Norris. The Good Employment Charter is a West of England Combined Authority (Weca) initiative to boost worker engagement and improve recruitment within firms in the region. The charter has been designed by trade …
Business
Business Live
Sporting focus for accountancy firm as stadium expertise honed in Hull
An award-winning hull accountancy practice has launched a new service aimed specifically at the sporting sector. 360 Chartered Accountants has introduced 360 Sport Finance and Mentoring, in response to a number of approaches from both professional and semi-professional sports clubs. Founder Andy Steele has helped countless sporting clubs throughout a distinguished accountancy career, with funding …
Business
Sky News
Energy giants enjoy soaring profits as prices rise
Shell has reported record profits of $11.5bn (£9.4bn) for the second quarter, more than double last year’s figure of $5.5bn (£4.5bn).The oil giant had already smashed its own quarterly record at the start of the year when it clocked up profits of $9.1bn (£7.2bn), but the sums continued to rise into Q2. Shell attributed the …
Business
Sky News
Nestle among corporate winners in big day for results while Barclays pays new price for misconduct
It’s a big day in the corporate calendar as a host of companies report on their progress – with many winners emerging in the tougher economy.Among the dozens of well-known names publishing results were the world’s largest food group in Nestle, Shell – the second-largest firm on the FTSE 100 – to Guinness owner Diageo. …
Business
Sky News
Train drivers at nine rail companies to strike in August
Train drivers at nine rail companies will strike on 13 August, the Aslef union has announced. A separate walkout by drivers at seven rail operators is already planned for this Saturday.Both strikes will affect Chiltern, LNER, Northern, TransPennine Express, Arriva Rail London, Great Western, Southeastern and West Midlands Trains.Avanti West Coast and Cross Country will …
Business
Sky News
Energy price cap expected to double in January, experts warn
The energy price cap is now expected to double in January, hitting £3,850 per year, according to experts.BFY Group, a utilities consultancy, said households could see energy bills of £500 for the month of January alone. The cap is forecast to rise to £3,420 in October – a much higher sum than the £2,800 predicted …
Business
Sky News
Mamas & Papas sets off in search of new parent
The nursery and baby products chain Mamas & Papas is being put up for sale by its private equity backers.Sky News understands that the wholesale and retailer, which has been owned by Bluegem Capital since 2014, is working with bankers at Rothschild on a prospective auction. Mamas & Papas claims to be the UK’s biggest …
Business
Sky News
Risk of ‘very high prices’ and electricity supply shortages – but the lights will stay on, National Grid says
The UK could face “very high prices” with experts warning household bills could rise to £3,850 this winter due to electricity supply shortages – but the lights will stay on, the National Grid has said.Households are already paying £1,971 per year for energy bills after the price cap was increased in April The cap is …
Business
Sky News
Team Truss accuses Sunak of U-turn on tax pledge after VAT energy cut announcement
A row has erupted over whether Rishi Sunak U-turned on his pledge to not cut taxes after announcing he would slash VAT on energy bills.The former chancellor said if he becomes prime minister, he would implement the temporary measure to save the average household £160. Throughout his campaign to become Tory leader, he has repeatedly …
Business
Business Live
Spencer toasts strong trading performance as turnover is back on track after Covid impact
A strong trading performance has been delivered by Hull-headquartered engineering business C Spencer Ltd. Significant growth in turnover and profit saw revenues return to levels last seen in 2018 – ahead of a year dominated by Brexit uncertainty and project pauses, which then ran into the Covid pandemic. Turnover of £70 million represented an increase …
Business
Evening Standard
London pint prices hit £8 as squeeze hurts Marston’s
Pint prices in London are hitting £8, the boss of pub chain Marston’s has said, after the company reported a drop in sales amid rising cost pressures for hospitality firms.“Premium pints are sitting at £7-8 in London but in Wales we’ve still got beers at £3 a pint,” boss Andrew Andrea told the Standard.“We’ve moved …
Business
Business Live
Sales and profits up at biggest UK brick maker despite industry-wide inflation and supply chain challenges
Britain’s biggest brick maker Ibstock said it has seen a big jump in revenues and profits despite industry-wide inflation and supply chain challenges. The Leicestershire-headquartered business said it had benefited from strong demand in the new build housing market as well as from customers carrying out repairs, maintenance and improvement work, and infrastructure contracts. At …

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