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P&O ferry detained over safety concerns after ‘failures’ training new crew
A P&O ferry has been detained in Northern Ireland on safety grounds – just days after 800 workers were sacked without notice and replaced with cheaper workers.The Maritime and Coastguard Agency (MCA) said the ship, The European Causeway, was held in Larne “due to failures on crew familiarisation, vessel documentation and crew training”. Its statement …
Business
Sky News
Petrol stations pass on just 2.71p of Sunak’s 5p fuel duty price drop to drivers, data shows
Petrol stations have failed to pass on the fuel duty savings announced by the chancellor in his spring statement, new data has shown.According to the AA, petrol prices have fallen just 2.71p, and diesel was down 1.59p, despite Rishi Sunak saying on Wednesday a 5p fuel cut would come into force immediately. Research from the …
Business
Euro News
Doing business with Russia: For big international brands it’s not always black and white
Business
Sky News
Chicago Cubs owners draft in bankers to help salvage Chelsea takeover dream
The owners of the Chicago Cubs are drafting in a heavyweight investment bank as they attempt to salvage their bid to buy Chelsea Football Club.Sky News has learnt that the Ricketts family and Ken Griffin, the Citadel hedge fund billionaire, are in talks to appoint Lazard to advise on their offer for the Stamford Bridge …
Business
Business Live
Modus Subsea swung to loss as Covid caused key Indonesian customer to collapse
Modus Subsea Services swung to an operating loss in 2021 as a significant customer in Indonesia collapsed into insolvency during the pandemic. Accounts filed at Companies House show the Darlington-based firm reported an operating loss of £932,000 in the year to the end of March 2021, from an operating profit of £1.2m the year before. …
Business
Business Live
Why talk of the demise of the office is wide of the mark
There are some who believe that the pandemic has signalled the end of the office. But for BT, we believe that new, inspiring office environments, combined with a flexible approach to home working, will play an important role in the company’s future. While some organisations have already switched permanently to remote working – getting rid …
Business
Business Live
ID firm buys out international major event security infrastructure specialist
An international acquisition has given a Yorkshire security specialist access to all areas of the sector it serves. Cards-X supplier of ID cards and the print equipment behind them, has bought out Germany-based Adon Development, a specialist in access control systems for large-scale events. It is one of the world’s most prominent suppliers of turnstiles, …
Business
Business Live
Savvy Baker entrepreneur launches brownie café in Roundhay
A young entrepreneur whose Savvy Baker business was founded during lockdown is set to expand with the opening of a new bricks-and-mortar venue. Savannah Roqaa, 26, started her brownie business after baking and delivering treats for her friends who began sharing pictures that attracted the attention of sweet-toothed punters. The online business has grown into …
Business
Business Live
Pass on fuel duty cuts to struggling agri-food sector – NI agri minister
Fuel suppliers in Northern Ireland need to quickly pass on the Chancellor’s reduction in fuel duty to help agri-food businesses survive during one of the most difficult periods for the sector on record, the agriculture minister has said. Edwin Poots, in one of a raft of Executive releases published ahead of the election purdah period, …
Business
Sky News
Royals’ treasurer goes into bat for Yorkshire cricket overhaul
A former treasurer to the Prince of Wales is being lined up to play a key role in a boardroom overhaul at Yorkshire County Cricket Club as it fights for survival amid the racism row which engulfed it last year. Sky News has learnt that Leslie Ferrar, who took on responsibility for commercial and corporate …
Business
Sky News
Will US-EU gas deal crack open door to greater transatlantic supply?
The deal agreed by the United States to supply more liquefied natural gas (LNG) to the European Union goes a little way further to hampering Vladimir Putin’s war effort.As is well known by now, Russia supplies the EU with 40% of its gas and 30% of its oil, with some individual countries, such as Finland, …
Business
Sky News
Boots-owner Walgreens faces losses on bust e-commerce platform T0day
The owner of Boots is facing millions of pounds of losses on a controversial e-commerce platform that was beset by allegations of corporate espionage and eventually collapsed last week.Sky News understands that Walgreens Boots Alliance (WBA) is unlikely to recover more than a negligible proportion of the money it invested in T0day Development Partners following …

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