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Why the EU is nervous about imposing a ban on Russian oil and gas
The West moved swiftly to hit Russia’s economy following its invasion of Ukraine.The most decisive action was to slap sanctions on the country’s central bank, preventing Moscow from getting its hands on a substantial chunk of the $643bn in reserves it has accumulated over the last decade. The United States and United Kingdom followed this …
Business
Business Live
Distillery worker stole tens of thousands of pounds to fuel gambling addiction
A distiller work stole tens of thousands of pounds from the company he was working for to pay for his gambling addiction – eventually sending the business under Nottinghamshire Police said Thomas Masters (35) from Fairway, in Keyworth, a few miles south of Nottingham, stole almost £143,000 from the new business that he had been …
Business
Business Live
Yorkshire accountancy firm representing Emeli Sande, Mabel and Katie Melua broadens capital footprint
Chartered accountancy and business advisory firm Hentons has acquired London-based Clayton Stark & Co. The undisclosed deal will see turnover top £8 million, with staff numbers increasing to 130 for the Accountancy Age Top 100 firm. The investment into the London office by Yorkshire headquartered firm is part of Hentons’ strategy to increase its national …
Business
Business Live
ADVERTORIAL: Ørsted looking for apprentices and offering a career that could make a real difference to climate change
In the UK, Ørsted has hired 39 wind turbine technician apprentices since starting its programme in 2017. All nine apprentices who have completed their course so far, are now full-time employees of Ørsted. Last year, the company had nearly 1,000 people apply and took on a cohort of turbine technician apprentices who are now studying …
Business
Business Live
SPONSORED: Excitement builds for Cambridgeshire businesses this week
Cambridgeshire is buzzing with entrepreneurial spirit and innovative talent which has taken it to new levels despite the difficulties of the past year – so the CambridgeshireLive Business Awards is setting out to celebrate just that. The awards are a perfect opportunity to dine, network and celebrate the local business community and its successes. Hosted …
Business
Business Live
Former DWP building and nuclear bunker in Bristol to be turned into homes and offices
Plans to transform a former Government building in Bristol into new homes and offices have been given the green light. Property firm Telereal Trillium was granted planning permission by the city council to redevelop the old Department for Work and Pensions offices and driving test centre in Brislington into a new mixed neighbourhood. The site …
Business
Sky News
Fuel prices hit new records despite ‘plummeting wholesale costs’
Fuel prices have hit new records as retailers were criticised for failing to reflect “plummeting” wholesale costs.The average price of petrol was 167p a litre on Sunday, compared to 166p on Friday, according to figures from data firm Experian Catalist. Diesel now averages 179p a litre, up from 177p. Please use Chrome browser for a …
Business
Sky News
Wholesale prices of fuel are ‘plummeting’ – so why are prices hitting new records?
Fuel prices have hit new records as retailers were criticised for failing to reflect “plummeting” wholesale costs.The average price of petrol was 167p a litre on Sunday, compared with 166p on Friday, according to figures from data firm Experian Catalist. Diesel now averages 179p a litre, up from 177p. Please use Chrome browser for a …
Business
Sky News
Labour to force emergency vote on workers’ rights after P&O shock sackings
Labour will force an emergency vote in parliament to demand the government takes action to outlaw the so-called fire and rehire of staff after more than 800 P&O workers were sacked on the spot.The party said reports suggest the government was aware of the sackings before they were announced, as well as the plan to …
Business
Sky News
Sacramento Kings owner Ranadive backs Broughton bid for Chelsea FC
The Indian-born businessman who owns the Sacramento Kings basketball team has joined forces with the former British Airways chairman Sir Martin Broughton in his effort to buy Chelsea Football Club.Sky News has learnt that Vivek Ranadive, who made a fortune from the technology industry, has agreed to make a minority investment in the Premier League …
Business
Sky News
CityFibre rollout bolstered by new £300m Abu Dhabi investment
A vast Abu Dhabi-based fund is ploughing another £300m into CityFibre, Britain’s biggest independent provider of full-fibre broadband infrastructure.Sky News has learnt that Mubadala Investment Company, one of the Gulf’s biggest sovereign wealth funds, has agreed to inject the sum into the London-headquartered company. An announcement about the new capital injection, which will help accelerate …
Business
Sky News
Rishi Sunak defends Johnson comparing Ukraine war to Brexit vote
Rishi Sunak has defended Boris Johnson comparing Ukrainians defending their country from Russia with the Brexit vote. The prime minister has received much criticism for his remarks but the chancellor denied to Sky News’ Sophy Ridge on Sunday programme Mr Johnson was comparing the two events. Speaking at the Conservative Party’s spring conference on Saturday, …

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