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Sky News
Stanlow refinery’s parent grapples with ties to Russian lender VTB
The owner of one of Britain’s biggest oil refineries has moved to distance itself from a relationship with VTB Bank, one of the Russian lenders which has been sanctioned since the invasion of Ukraine.Sky News understands that Essar Oil UK (EOUK), which owns the Stanlow refinery in northwest England, has been given “assurances” about the …
Business
Evening Standard
Inflation is impossible to predict and makes business planning impossible
Business
Business Live
South West named top UK region for women to work in
The South West has been named the best region of the UK for women to work for a third year in a row. The annual ‘Women in Work Index’, by professional services firm PwC, found the region had the third-lowest female unemployment rate (3.7%) in the country, the second-lowest gap between male and female labour …
Business
Evening Standard
KPMG fined £1.3 million for ‘serious’ breaches over Revolution Bars audit
Business
Sky News
‘Sorry’ Shell turns its back on all Russian oil and gas after backlash
Shell has revealed further plans to turn its back on Russia over the invasion of Ukraine by saying it will stop “all involvement” with the country’s oil, gas and other hydrocarbon products.The UK-based oil and gas giant’s chief executive announced the decision after a backlash over a Russian oil deal last week as sanctions gathered …
Business
Business Live
ADVERTORIAL: University isn’t the only path to success
The decision to continue further education towards a successful career can be incredibly daunting – with no right or wrong direction it is often hard to find the route that suits you. This is where the West Midlands Apprenticeship Ambassador Network (WMAAN) comes in to support. Influencing a wide range of key stakeholders including schools, …
Business
Sky News
Treasury urges fund managers to pressure UK companies over Russian links
Britain’s multitrillion pound asset management industry has been asked to pressure London-listed companies to sever ties with Russia as a corporate exodus grows following Vladimir Putin’s invasion of Ukraine.Sky News has learnt that Chancellor Rishi Sunak and John Glen, the City minister, met executives from companies including Aviva, Fidelity, Phoenix and Schroders last Friday to …
Business
Business Live
Student accommodation portfolio sold for more than £300m
A portfolio of 11 student accommodation properties with almost 4,500 beds has been sold for more than £300m. Unite Students has sold the buildings to an affiliate of Lone Star Funds for £306m. The portfolio includes properties in Sheffield, Reading, Leicester, Bedford, Liverpool, Birmingham, Bristol and Leeds. READ MORE: Boohoo publishes final Sir Brian Leveson …
Business
Business Live
Cheltenham Festival bus strike off as drivers ‘accept’ pay rise
A month-long bus strike in the West of England has been cancelled after drivers accepted a proposed pay rise, Stagecoach West has said. The operator said on Friday (March 4) it had received confirmation from trade union Unite that its members had accepted new pay deals it proposed last week. Stagecoach West said the pay …
Business
Evening Standard
Greggs hands out £800 staff bonuses as it booms back to profit
Business
Business Live
Landlord secures £137m boost to build more than 1,000 affordable homes
A Wirral-based housing association has secured a £137m funding package from NatWest to build more than 1,000 affordable homes over the next five years and start its transition to being net zero. Magenta Living, which currently owns almost 13,000 homes across the North West, will also use the funds to carry out maintenance work on …
Business
Sky News
Global brands including McDonald’s, KFC and Coca-Cola face boycott threats for not halting operations in Russia
While major technology firms like Apple, Microsoft and Samsung and businesses including Visa, Paypal and Netflix have shuttered operations or cut ties with Russia over its invasion of Ukraine, other large Western companies are facing threats of boycotts unless they follow suit.Several food and drink firms such as McDonald’s, KFC, Burger King, Starbucks, Coca-Cola and …

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