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13.09.2024 - 07:58
Business
Evening Standard
Energy tsar: We will not carpet UK with windfarms and pylons for clean power
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The Government will not be “carpeting the countryside” with windfarms and pylons in its push towards clean power, the official leading the …
13.09.2024 - 05:22
Business
Sky News
Tens of millions could pay more if Vodafone-Three merger goes ahead, CMA warns
Tens of millions of mobile phone users could end up paying more if the merger between Vodafone and Three goes ahead, the competition watchdog has warned.The deal would create the UK’s biggest mobile network and could also improve network quality, the Competition and Markets Authority (CMA) said. The proposed £15bn merger, announced last year, would …
12.09.2024 - 11:39
Business
Sky News
UK’s largest retailer loses Supreme Court ‘fire and rehire’ fight
Tesco says it will accept a Supreme Court ruling in a so-called ‘fire and rehire’ case amid government efforts to bolster workers’ rights.The Union of Shop Distributive and Allied Workers (Usdaw), along with three of its members at Tesco who also represent the union, took legal action over proposals in 2021 to fire staff at …
12.09.2024 - 11:01
Business
Sky News
Ban on junk food ads before 9pm to come into force next year
A 9pm watershed on TV junk food advertising will come into force in October 2025, the government has confirmed.This will come alongside a total ban on paid-for online advertising for junk food, under plans to tackle childhood obesity. Politics Live: Keir Starmer reveals NHS planThe new rules deliver on a Labour manifesto commitment to implement …
12.09.2024 - 10:18
Business
Sky News
‘Widespread fury’ over impending job losses at oil refinery
Scotland’s only oil refinery is to close by next summer with the loss of 400 jobs, it has been confirmed.Owners Petroineos previously said the Grangemouth plant had been facing “significant challenges” due to global market pressures and has been unable to compete against more modern and efficient sites in the Middle East, Asia and Africa. …
12.09.2024 - 10:15
Business
Evening Standard
Waterstones coming back to Oxford Street after eight years away
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Waterstones is set to return to Oxford Street eight years after the last of the four stores it once had on the …
12.09.2024 - 10:09
Business
Evening Standard
Grangemouth refinery confirmed to close in first half of next year
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Scotland’s only oil refinery will close in the second quarter of 2025 with the loss of 400 jobs, it has been confirmed.Petroineos, …
12.09.2024 - 09:58
Business
Business Live
John Lewis Partnership reports promising half-year results, slashing losses and boosting sales
The John Lewis Partnership has announced an improved set of half-year results and is on track to significantly enhance its full-year performance. The renowned UK brand, which also owns Waitrose, reported sales exceeding £5.9bn in the 26 weeks ending 27 July, a two per cent increase year on year. Its pre-tax loss was halved from …
12.09.2024 - 09:56
Business
Sky News
National debt due to triple, say independent budget forecasters
The gap between how much money the state takes in and its spending will triple in the next 50 years, according to independent forecasters.Public debt will rise due to an ageing and ill population as well as climate change, the fiscal watchdog the Office for Budget Responsibility (OBR) has said. The ratio between debt and …
12.09.2024 - 09:47
Business
Sky News
Revolut founder Storonsky ‘sells £200m stake’ in fintech giant
The billionaire founder of Revolut has sold shares worth hundreds of millions of dollars in the banking and finance app as he climbs the ranks of Europe’s wealthiest people.Sky News has learnt that Nik Storonsky, the company’s chief executive, sold between 40% and 60% of the stock that was offloaded by employees in a secondary …
12.09.2024 - 09:41
Business
Evening Standard
Union wins Supreme Court fight with Tesco over ‘fire and rehire’ plans
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.A union has won a Supreme Court battle against Tesco over so-called proposals to “fire and rehire” workers on less favourable terms.The …
12.09.2024 - 08:37
Business
Evening Standard
Mixer maker Fever-Tree says sales dampened by belated European summer
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Sales have gone flat for premium mixer brand Fever-Tree as it said poor weather put a dampener on summer drinks across Europe.The …
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