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20.03.2022 - 04:00
Business
Business Live
Kirsty Henshaw on Dragons’ Den, ‘skyrocketing’ sales and expansion plans
A former Dragons’ Den contestant has opened the door for private equity investment with her free-from brand set to “skyrocket” by the end of 2024. Kirsty Henshaw established Kirsty’s from her kitchen table in Preston in 2009 and has now set her sights on reaching a turnover of £25m within the next three years. Despite …
20.03.2022 - 00:02
Business
Business Live
SMEs braced for tough times – but prepared to take hit for Ukraine, survey shows
UK small businesses are increasingly feeling the impact of rising costs but are prepared to take the economic hit of the global effort to stop the war in Ukraine, a new survey by Newcastle tech giant Sage has revealed. The survey of more than 1,000 SMEs questioned business owners on a range of subjects at …
20.03.2022 - 00:01
Business
Business Live
Meat:Stack reveals location of Leeds burger bar that will create 25 jobs
Meat:Stack has revealed the location of its new 60-seater Leeds restaurant that will create 25 jobs. The Newcastle-founded cheeseburger business will open up on Bishopgate Street in Leeds in the 34 Boar Lane Building which is also home to Indian street food outlet Mowgli and café-bar The Collective. Opening this spring, the restaurant will take …
19.03.2022 - 21:24
Business
Sky News
Sunak pledges to cut £5.5bn in ‘wasteful’ government spending to tackle cost of living crisis
Rishi Sunak is pledging a £5.5bn crackdown on Whitehall waste as he faces pressure to tackle the cost of living crisis in his mini-budget.Ahead of his spring statement on Wednesday, the chancellor claims the efficiency savings will both curb inflation and fund vital public services. “During these challenging times it’s vital that every single penny …
19.03.2022 - 18:24
Business
Sky News
‘It came down to morals’: Agency worker refuses to board P&O ferry over sacking of 800 staff
P&O Ferries has restarted a limited service two days after sacking 800 crew members without notice in what it says is a cost-cutting exercise.The Dubai-owned travel firm said the Liverpool to Dublin ferry set sail on Saturday morning and has now resumed a normal service. The company’s other ships are still tied up as the …
19.03.2022 - 14:03
Business
Sky News
Wall Street titan Goldman Sachs storms into £3bn Chelsea FC auction
Goldman Sachs, the powerful Wall Street investment bank, has stormed into the £3bn auction of Chelsea Football Club as an adviser to one of the leading bidders.Sky News has learnt that Goldman has been signed up to advise the consortium being led by Todd Boehly, one of the owners of the Los Angeles Dodgers baseball …
19.03.2022 - 09:42
Business
Sky News
Pendragon shareholder Hedin Group in £400m raid on car dealership giant
One of the largest shareholders in Pendragon has been thwarted in a £400m takeover raid on the London-listed car dealership giant. Sky News can reveal that Hedin Group, which operates more than 200 vehicle showrooms in Belgium, Norway, Sweden and Switzerland through its subsidiary Hedin Bil, tabled a secret 28p-a-share offer for Pendragon several weeks …
19.03.2022 - 01:17
Business
Sky News
Deadline for Chelsea sale passes – here’s who submitted offers to buy the club
The 9pm Friday deadline for bids to buy Chelsea has passed, with consortiums led by Nick Candy, the Ricketts family and Sir Martin Broughton and Lord Sebastian Coe among the bidders. The sale has come amid UK and EU sanctions on Roman Abramovich following Russia’s invasion of Ukraine, with Chelsea also under a number of …
18.03.2022 - 23:36
Business
Sky News
Increases in food prices ‘inevitable’ as Ukraine war hits production costs
There’s a warning increases in food prices are “inevitable” as production costs soar due to the war in Ukraine.It comes as farmers warn the impact on their industry has been “seismic”. Michael Oakes, Dairy Board chairman for the National Farmers’ Union, told Sky News: “I don’t think anybody in my generation’s ever seen anything like …
18.03.2022 - 20:00
Business
Business Live
Fortel’s D&I push sees it crowned Company of the Year
An employment agency which supplies staff to the construction industry across the UK has been crowned Company of the Year at our annual business awards. Fortel, which is headquartered in Walsall, places thousands of agency staff at more than 130 locations and also trains the next generation of industry workers. It won our brand new …
18.03.2022 - 17:45
Business
Sky News
Candy lines up South Korean backing for Chelsea bid
The London property entrepreneur Nick Candy is lining up backing from two South Korean groups as he prepares to lodge a takeover bid for Chelsea Football Club.Sky News has learnt that Hana Financial Group, a major Seoul-based lender, and C&P Sports, a sports management firm, were on Friday in discussions about joining Mr Candy’s bidding …
18.03.2022 - 17:41
Business
Business Live
Newcastle city centre developments to provide 18,500 new jobs
International investors being wooed to key developments in the North East have been told that Newcastle’s biggest city centre regeneration scheme in a generation is set to create more than 18,500 North East jobs. The East Pilgrim Street scheme marks one of the largest schemes the Invest Newcastle team has unveiled on the world stage …
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