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Sky News
Shock contraction of 0.3% for UK economy in April as CBI demands ‘vital actions’ to prevent recession
The UK economy contracted by 0.3% in April, according to official figures released as the CBI, Britain’s biggest employers’ group, demanded “vital actions” from the government to prevent an inflation-driven recession.The Office for National Statistics (ONS) had been expected by economists to confirm a slight rise in gross domestic product (GDP) for the month of …
Business
Sky News
Landsec’s Hogg hopes to hit right note as Royal Opera House chair
The chair of Landsec, the FTSE-100 commercial property group, is on a shortlist of contenders to take the helm at the Royal Opera House, one of Britain’s most important cultural sector jobs.Sky News has learnt that Cressida Hogg, who is preparing to step down from the Landsec post, is among a small number of candidates …
Business
Sky News
‘Urgent’ review of petrol station operators ordered amid surging fuel prices
The government has ordered an “urgent” review by the competition regulator into the fuel market after pump prices hit new record highs.Business Secretary Kwasi Kwarteng said in a letter to the Competition and Markets Authority (CMA) that there was “widespread concern” about the pace of price rises and public frustration that a cut in fuel …
Business
Sky News
Plans to allow agency workers to fill in for striking rail staff condemned as ‘reckless’
Plans to change the law to allow agency workers to fill in for striking staff have been branded “reckless” by unions – ahead of looming industrial action that threatens to cripple the rail network later this month.Transport Secretary Grant Shapps told a newspaper that any such move would not affect “this particular set of strikes” …
Business
Evening Standard
Inflation, inclusion and immigration: highlights ahead of London Tech Week
Inflation, inclusion and immigration are set to be among key topics of discussion as representatives from across the global tech industry gather at the Queen Elizabeth II Centre for London Tech Week.It’s the first time the conference has been held in-person since 2019 as the pandemic forced the conference online in 2020. Over 20,000 delegates …
Business
Business Live
Petrol-head Guy Martin gets on board with Humber’s Net Zero ambition as next generation careers outlined
Television personality Guy Martin joined hundreds of students at an event to promote decarbonisation projects across the Humber. Organised by the Humber Industrial Cluster Plan and supported by Humber Zero partners Phillips 66 and the VPI, the event was held as part of Humber Business Week at The Baths Hall, Scunthorpe. It was the first …
Business
Business Live
Tuber Group swoops for William Jackson Food Group’s fresh produce business
Rapidly expanding Hull food business Tuber Group has made a second acquisition in six months. Fellow city firm William Jackson Food Group’s My Fresh subsidiary has been bought out, having added Scunthorpe-based Saxon Foods late last year. The Bedfordshire-based fresh produce processor, together with its 150 staff, has been taken on in an undisclosed deal. …
Business
Business Live
Meet the CEO targeting £1bn valuation for challenger broadband provider supported by former England rugby star
A broadband provider, which counts a former England rugby star among its ranks, has set its sights on becoming Greater Manchester’s latest tech unicorn by reaching a valuation of £1bn. Hale-headquartered 4th Utility is on the cusp of kicking off a debt raise worth in the region of £80m which it hopes will supercharge the …
Business
Business Live
Relaunched Swan Hunter merges with Norwegian firm PASSER Group to launch cable firm
A ‘new’ Swan Hunter company has merged with Norwegian subsea cable handing business PASSER Group to create a new business that will have a base on Tyneside. PASSER LARS, which stands for ‘logistics and rental solutions’, aims to become a “leading player” in the global cable handling and logistics rental market for offshore oil and …
Business
Sky News
Spurned Ofcom candidate Gilbert screened to lead BBC funding review
One of the candidates snubbed in the recent race to chair Ofcom, the media regulator, is being considered to oversee a government-commissioned review of the BBC’s future funding.Sky News has learnt that Lord Gilbert of Panteg, the former chair of the House of Lords communications and digital committee, is among a list of names under …
Business
Business Live
Aviation fuel to cardboard and conservation – Humber Renewables Awards winners are flying high
Phillips 66 made it two awards in a month as it took the Green Innovation Award at the Humber Renewables Awards. A global leader in one of the most carbon intensive industries, it is playing a prominent role in the pioneering transformation of a cluster built on a fossil fuel economy. This year has seen …
Business
Business Live
Humber Renewables Awards 2022 in pictures

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