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Churchill China expects to beat 2021 revenues as record demand continues
Pottery giant Churchill China is on track to beat its 2021 revenues after reporting record demand. In a recent trading update, the Stoke-on-Trent ceramics manufacturer revealed that it has a healthy order book for 2022 as demand for its products continues. Last year, the Sandyford business recorded revenues of £60.8 million – up from £36.4 …
Business
Euro News
Meta and other Big Tech giants have formed a metaverse standards body leaving Apple in the dark
Business
Business Live
UK-GCC trade deal could add £130m to Welsh economy says Government
A new trade deal between the UK and the Gulf could add around £130m to the Welsh economy, the UK Government has said as negotiations begin today. The UK Government has said a deal would open the door to increased investment from the Gulf, supporting and creating jobs across Wales and the rest of the …
Business
Evening Standard
Inflation at new 40 year high of 9.1% – economy on ‘knife edge’
The Bank of England has no choice but to ratchet up interest rates, business leaders and economists warned today as the latest surge in inflation left the economy on “a knife edge” and in clear danger of recession.Last week the Bank put rates up to a nine-year high of 1.25%. They will go to at …
Business
Business Live
PrettyLittleThing criticised by watchdog over ‘seriously offensive’ listing that ‘objectified women’
A watchdog has criticised PrettyLittleThing again for “objectifying women” in a product listing for a pair of jeans. The Manchester-based fashion retailer, which is owned by Boohoo, published the listing on its website in April that featured an image of a woman wearing the jeans with the front unzipped showing the top of her underwear. …
Business
Business Live
GWO accreditation for Arco opens up world of wind to training arm
Safety giant Arco has achieved wind industry training status. The Hull-headquartered company’s Professional Safety Services arm has been accredited by the Global Wind Organisation. Sites in Stafford and Scotland can now deliver a suite of basic safety training courses for onshore workers, with the company focused on further developing its training capabilities to support the …
Business
Sky News
Sri Lankan economy has ‘completely collapsed’, leader says
Sri Lanka’s Prime Minister Ranil Wickremesinghe has said the country’s economy has “completely collapsed”, leaving it unable to pay for essentials such as oil imports.It follows months of shortages of food, fuel, and electricity, and the realisation that even the credit lines from neighbouring India that have sustained the country so far will not be …
Business
Evening Standard
Inflation reaches fresh 40-year high of 9.1%
The rate of inflation rose again in May, remaining at 40-year highs, the Office for National Statistics has said.The rate of consumer prices index (CPI) inflation rose from 9 per cent in April to 9.1 per cent in May, the statisticians said.The increase matches what analysts had expected.“Though still at historically high levels, the annual …
Business
Sky News
Inflation hits fresh 40-year high amid cost of living crisis
The rate of inflation has risen to a fresh 40-year high of 9.1% in May, according to the latest official figures.The update, from the Office for National Statistics (ONS), represents a slight uptick on the 9% figure of the previous month – driven upwards by April’s unprecedented rise in the energy price cap. The ONS …
Business
Sky News
Airport rules relaxed to help avoid summer flight cancellations
The Department for Transport (DfT) has temporarily relaxed rules around airport slots to help airlines avoid last-minute cancellations due to staff shortages.It said airlines will be given a short window, described as an “amnesty”, to hand back take-off and landing slots they are not confident they will be able to operate for the rest of …
Business
Sky News
Strikes see city centre trips plunge to COVID lockdown levels
The biggest rail strike in 33 years has left visits to city centres on a par with levels seen during COVID lockdowns, according to industry data.Retail analysts Springboard said footfall in central London on the first day of the week-long disruption had endured the worst decline, on the previous Tuesday, of 27% by 1pm. The …
Business
Sky News
Give public sector workers a pay rise or cut everyone’s taxes by 2%? Chancellor left with tough set of choices
Imagine, if you can, you are in the chancellor’s shoes.Your instincts are to cut taxes and reduce public spending yet pretty much every decision you’ve taken in office has involved doing precisely the opposite. Worse: in recent months, even when you have forked out serious sums to support workers, much of that money seems to …

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