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Tankers turned away as UK workers refuse to handle Russian fuel
UK workers are refusing to unload Russian oil from a tanker because of the invasion of Ukraine.The German-flagged Seacod, which set sail before ministers banned Russian vessels docking in the UK, is moored at Birkenhead Docks near the Stanlow oil refinery. But Unite general secretary Sharon Graham has told operators Essar its members “will under …
Business
Business Live
Solihull’s Touchwood crowned business of the year
A shopping centre praised for its performance during the covid-19 pandemic and community-focussed initiatives has been crowned Greater Birmingham business of the year. Touchwood in Solihull impressed judges at the 2022 Greater Birmingham Chambers of Commerce Business Awards who said it had “set the benchmark” for UK shopping centres in terms of sales and footfall …
Business
Business Live
Dame Diana Johnson pleads for the Humber’s chance to level up UK Plc
Dame Diana Johnson quoted two US presidents and pilloried the incumbent Russian one as she forcefully put her case for levelling up forward at the invitation of a fourth. The Hull North MP joined the Lord Mayor of Hull as a guest of honour at a dinner following Hull and Humber Chamber of Commerce’s annual …
Business
Sky News
Gas prices scrape record highs in the UK as market trembles
Gas prices came close to hitting a record high in the UK on Friday, as the market braced itself for the possibility of further disruption to Russian supplies.The British day-ahead gas price rose by 104 pence to 454 pence per therm by the early afternoon, just off of its all-time high of 464 p/therm hit …
Business
Business Live
North Shields manufacturer Isoclad expands into Wales with bank funding
North East manufacturer Isoclad has expanded with a new factory in south east Wales. The North Shields based firm makes insulated composite panels used in the construction of everything from medical cleanrooms to ice cream factories and has now opened a 124,000 sq ft plant in Monmouth. It follows a seven-figure equipment finance package from …
Business
Business Live
Ukraine at the fore as Dame Diana Johnson addresses Hull and Humber Chamber of Commerce
Hull North MP Dame Diana Johnson described Russian President Vladimir Putin as a “mass murdering dictator” as she told business leaders how the region stood in solidarity with Ukraine. The prominent Labour figure sits on the National Security Strategy Joint Committee and chairs the Home Affairs Committee, and was back in the constituency to address …
Business
Euro News
Startup movement: top tech descends on Barcelona for MWC
Business
Sky News
Attention turns to McDonald’s, and cryptocurrency exchanges, as holdouts in Russia exodus
With the west having unleashed the most severe financial sanctions ever imposed on a developed economy and numerous companies having closed or announced plans to exit their operations in Russia, attention is now turning to those businesses yet to take a stand against Vladimir Putin’s invasion of Ukraine.While many bastions of corporate America, including Nike, …
Business
Business Live
Norges Bank becomes second largest investor in Boohoo
The central bank of Norway has become the largest institutional shareholder in fast fashion giant Boohoo. Norges Bank has almost tripled its stake in the Manchester-headquartered company from 4.2% to 11.7%, according to documents filed with the London Stock Exchange. The move comes after the bank first acquired a 3.1% holding in the business in …
Business
Sky News
Facebook and Instagram to block RT and Sputnik in the UK
Facebook and Instagram are blocking RT and Sputnik for users in the UK following a request by the British government.It follows a letter by Culture Secretary Nadine Dorries in which she urged Meta, TikTok, and Twitter to restrict access to the Russian state-owned organisations which she accused of spreading “damaging propaganda into Britain”. “I want …
Business
Sky News
Ex-Lords media committee chair Gilbert joins race for Ofcom job
The former chairman of an influential House of Lords committee has become the latest establishment figure to join the race to head Britain’s media regulator. Sky News has learnt that Lord Gilbert of Panteg, who chaired the upper chamber’s communications and digital committee, is on a shortlist of candidates to replace Maggie Carver, Ofcom’s interim …
Business
Sky News
Microsoft to suspend all sales and services in Russia
Microsoft has announced that it is suspending all new sales of its products and services in Russia.In a blog post on Friday, the company said: “Like the rest of the world, we are horrified, angered and saddened by the images and news coming from the war in Ukraine and condemn this unjustified, unprovoked and unlawful …

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