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Sky News
P&O Ferries boss admits firm broke law and chose not to consult over sackings as ‘no union would accept proposal’
P&O chose to break the law by not consulting before sacking 800 staff because it knew “no union would accept our proposal”, the head of the ferry company has told MPs – as he revealed new workers are being paid between £5.15 and £6 an hour. Peter Hebblethwaite, chief executive of P&O Ferries, told a …
Business
Sky News
P&O Ferries boss admits law broken over sackings – and reveals new workers earn £5.15 an hour
P&O chose to break the law by not consulting before sacking 800 staff because it knew “no union would accept our proposal”, the head of the ferry company has told MPs – as he revealed new workers are being paid between £5.15 and £6 an hour. Peter Hebblethwaite, chief executive of P&O Ferries, told a …
Business
Business Live
Andy Murray and Issa brothers-backed sportwear brand Castore signs up two-time Ryder Cup player Matt Fitzpatrick
Sportswear brand Castore, which is backed by Sir Andy Murray and the Asda-owning Issa brothers, has signed a deal with two-time Ryder Cup player, Matt Fitzpatrick. Mr Fitzpatrick will be making his debut as a Castore athlete at the first golf major of the year, The Masters. The 27-year-old Englishman and world number 25, will …
Business
Evening Standard
Next boss Simon Wolfson warns on inflation and labour shortages
Business
Business Live
First firms chosen for trials in Plymouth’s £1.8m 5G marine testbed
The first batch of companies have been chosen to run trials at the ground-breaking £1.8m marine-focused 5G testbed Plymouth Smart Sound. Maritime assurance and certification company Lloyd’s Register, the National Physical Laboratory, outsourcing giant Serco, and yachtsman Conrad Humphreys’ organisation for helping young people The Bounty Project are among the first slew of businesses that …
Business
Business Live
Corporate advisory firm GS Verde expands its presence in Bristol
Corporate advisory firm GS Verde has more than doubled its office presence in Bristol following a similar expansion of its Cardiff headquarters. The new offices at Generator Building at Finzels Reach will support the increased staff count across the businesses’ multiple disciplines. GS Verde has made several appointments already this year and is actively recruiting …
Business
Sky News
Boston Celtics owner emerges as latest to target Chelsea transfer
A joint owner of the Boston Celtics basketball team and Atalanta, the Italian football club, has emerged as one of the parties who have tabled offers to buy Chelsea FC.Sky News has learnt that Stephen Pagliuca, a prominent private equity executive who co-chairs Bain Capital, submitted a bid for the Premier League club ahead of …
Business
Business Live
Entrepreneur behind energy brokerage creates jobs with expansion and new venture
An entrepreneur behind a Newcastle energy broker says he is looking for up to 100 new recruits, and plans to create more jobs through a separate new business. Graham Ritchie, 36, managing director of Independent Utility Advice, which employs about 50 people, says demand caused by energy prices means he needs more call centre sales …
Business
Evening Standard
Spring Statement 2022: What is Rishi Sunak’s tax plan?
Business
Business Live
Huge land deal paves the way for £100m green jet fuel investment into BA-backed Velocys plant
Green jet fuel developer Velocys has completed a major deal that could unlock a £100 million investment in its South Humber Bank plant. The AIM-listed sustainable aviation specialist has sold its consented site at Stallingborough to energy infrastructure investor Foresight Group for £9.75 million. It comes with a first refusal to invest big in the …
Business
Sky News
UK imposes sanctions on 65 more Russian oligarchs and businesses ‘fuelling Putin’s war machine’
The UK has imposed sanctions on 65 more Russian people and businesses aimed at cutting off “vital industries fuelling Putin’s war machine”, the foreign secretary said.Liz Truss announced the fresh sanctions, which include the Wagner Group of Russian mercenaries – believed to be tasked with assassinating Ukraine President Volodymyr Zelenskyy – and Alfa Bank, Russia’s …
Business
Sky News
‘I can’t solve every problem’: Rishi Sunak defends spring statement after criticism it fails to help the poorest
Rishi Sunak has defended his much-criticised spring statement, arguing that the UK is recovering from its biggest shock in 300 years and he is doing what he can.The chancellor said he knows families are struggling with the rising cost of living and that is “why I announced a tax plan which delivers the biggest net …

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