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Evening Standard
Fuller’s cheers ‘strong’ trading as cost inflation eases further
Pub firm Fuller’s has hailed a “strong start” to the financial year amid a boost from easing cost inflation.The company, which runs 332 pubs and inns across the UK, said it saw “strong” sales in recent weeks as trading momentum continued.Like-for-like sales grew by 5.3% for the 16 weeks since the end of March, Fuller’s …
Business
Sky News
Gen-Z freelancer platform Passionfruit secures $9m from top investors
A start-up which provides freelance workers with job opportunities at companies including HSBC and PepsiCo has secured $9m (£7m) in a funding round led by prominent venture capitalists.Sky News understands that Passionfruit, which launched in 2022, will announce this week that it has raised the Series-A money from funds led by Seaya and including participation …
Business
Sky News
Four water firms ‘responsible for 90% of serious pollution incidents’
A majority of England’s nine water and sewage companies are “failing to get the basics right”, according to annual rankings which labelled four operators as responsible for 90% of serious pollution incidents.The report by the Environment Agency (EA) covering 2023 showed there were 47 of the most serious pollution instances recorded – up from 44 …
Business
Sky News
Almost half of private renters living with damp or mould, Citizens Advice warns
Almost half of private renters in England are living in homes that are cold, damp or mouldy, even in the summer, according to new figures.A survey by Citizens Advice found 45% of private renters are currently experiencing damp, mould or excessive cold in their home. And the research found 48% of these households have been …
Business
Sky News
Carpetright rescue could see 1,500 jobs lost
Carpetright’s future is understood to have been secured but the vast majority of its 1,800 staff are set to lose their jobs under a limited rescue deal.It is believed that rival floorings retailer Tapi will confirm it is buying just 54 of 272 stores and two warehouses in a so-called pre-pack administration that allows a …
Business
Sky News
At least 1,000 jobs lost in deal to save Carpetright’s future
Carpetright’s future has been secured, but at least 1,000 staff members have lost their jobs under a limited rescue deal.Rival floorings retailer Tapi has confirmed it is buying just 54 of 272 stores and two warehouses in a so-called pre-pack administration that allows a buyer to cherry-pick assets. The deal has seen just 308 staff …
Business
Sky News
Former Tory chancellor Zahawi plots £600m Telegraph bid
Nadhim Zahawi, the former Conservative chancellor, is assembling a £600m bid for The Daily Telegraph that could up-end the auction of some of Britain’s most influential media assets.Sky News has learnt that Mr Zahawi, who left parliament in May after opting not to stand again in his Stratford-on-Avon seat, has approached a number of billionaire …
Business
Sky News
Labour told to ‘take on net zero nimbys’ to help lower bills
The new government should roll up its sleeves and take on “net zero nimbys” if it wants to green the UK’s power and economy, a thinktank has said.The raft of new cables, pylons and renewable energy projects needed to power the switch to clean energy is “likely to face fierce resistance from local groups”, the …
Business
Business Live
Manufacturer strikes new warehouse deal
A manufacturer of electrical products has struck a deal for new warehousing space. Scolmore Group has secured a 51,000 sq ft unit on Mercia Park next to junction 11 of the M42 north of Tamworth. The family-owned business was founded in 1989 in Tamworth and now employs more than 350 people. It makes electrical accessories, …
Business
Euro News
ASML: When the chips are down, is now a good time to buy?
Business
Evening Standard
Starmer sets out new skills body to reduce reliance on overseas workers
Sir Keir Starmer has set out plans to curb reliance on foreign workers by improving skills training in England.The Prime Minister will set out his approach in a speech on Monday, promising a new body to address the “fragmented and broken” training system.The Skills England organisation will bring together central and local government, businesses, trade …
Business
Sky News
Tempest fighter is ‘expensive but vital’ to UK defence and jobs – BAE boss
The chief executive of BAE Systems has told Sky News that, while the programme to build the UK’s planned sixth-generation fighter jet is expensive, it will be vital for the country’s future defence requirements and for creating tens of thousands of skilled jobs.Charles Woodburn was speaking on day one of the Farnborough Air Show amid …

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