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Northern Ireland retailers able to cope with P&O Irish Sea halt, for now
Northern Ireland’s biggest retailers are coping with the sudden halt to P&O’s Irish Sea services but have called for the ferry company to resume sailing as soon as possible to prevent supply issues. The Northern Ireland Retail Consortium (NIRC) – which represents major grocery retailers such as Tesco, Sainsburys and Asda, as well as non-food …
Business
Business Live
Northern Ireland agri-food sector needs to urgently focus on food security – Poots
Soaring costs for fertiliser and feed as a result of the war in Ukraine mean Northern Ireland’s agri-food sector needs to urgently develop home-grown and sustainable inputs to preserve its food security. That’s according to Northern Ireland agriculture minister Edwin Poots who said the industry is in an escalating crisis. He was speaking after meeting …
Business
Business Live
BBC’s The Apprentice names finalists for 2022 following first all-female semi-final
The BBC’s hit business show The Apprentice has revealed its finalists for 2022. In the latest episode, which aired on Thursday (March 17), the final four battled it out to convince Lord Sugar their business plan was worth an £250,000 investment. In the much-anticipated interview round – the first ever all-female semi-final – Brittany Carter, …
Business
Sky News
Put the brakes on and keep the car in the garage on Sunday to ease oil shock, says IEA
Lower speed limits, more home working and car free Sundays could help the world avoid a damaging oil supply crunch caused by the Ukraine war, the International Energy Agency (IEA) has said.The intergovernmental body also urged motorists to adopt more car sharing and ease off on air conditioning in vehicles as part of a ten-point …
Business
Sky News
‘Cash machine’ BP more than doubles boss’s pay to £4.46m as energy prices surge
BP boss Bernard Looney has seen his annual pay more than double to £4.46m as the energy giant’s profits were boosted by soaring oil and gas prices.The scale of Mr Looney’s 2021 remuneration, up from £1.74m a year earlier, is likely to reignite calls for a windfall tax on North Sea energy giants to help …
Business
Sky News
BP more than doubles boss’s pay to £4.46m as energy prices surge
BP boss Bernard Looney has seen his annual pay more than double to £4.46m as the energy giant’s profits were boosted by soaring oil and gas prices.The scale of Mr Looney’s 2021 remuneration, up from £1.74m a year earlier, is likely to reignite calls for a windfall tax on North Sea energy giants to help …
Business
Sky News
PM goes nuclear in bid to build case for energy independence plan
Boris Johnson will hold talks next week with executives from the nuclear industry as he seeks to bolster Britain’s energy independence following Vladimir Putin’s invasion of Ukraine.Sky News has learnt that the prime minister has convened a roundtable to take place in Downing Street on Monday that will be attended by companies such as EDF …
Business
Sky News
Fuel poverty: Worst hit areas revealed as two in five households set to be affected
Two and a half million households with children will be in fuel poverty once the new energy price cap comes into effect on 1 April, according to estimates from the End Fuel Poverty Coalition.That’s equivalent to two in five households, and it rises to more than half if we look just at single-parent homes.Overall, more …
Business
Business Live
Ted Baker share price surges as US private equity firm Sycamore Partners mulls takeover
Ted Baker’s share price rose on Friday following the news a US private equity firm is mulling a potential takeover of the fashion brand. New York-based Sycamore Partners has confirmed it is considering making a possible cash offer for the retailer. The firm has previously owned brands including Kurt Geiger and Nine West. Ted Baker, …
Business
Business Live
Northern Ireland economy minister flies to US to boost trade and investment
Northern Ireland’s economy minister has pledged to grow trade and investment with the US at the end of a three-day tour. Gordon Lyons said the US, as the second-largest export destination, is hugely important to the Northern Ireland economy and holds significant potential for future growth. In the year to the end of September 2021, …
Business
Evening Standard
Wetherspoon’s boss attacks Bank of England for stoking inflation
Business
Business Live
Safety fears after P&O Ferries sacks 800 seafarers and replaces them with agency workers
The decision by P&O Ferries to sack 800 seafarers with no notice and replace them with cheaper agency workers has raised safety fears. Trade union Nautilus International, which represents some of those fired, has urged the Maritime and Coastguard Agency (MCA) to “make sure the ships are safe” as the new crews are “unfamiliar” with …

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