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North Somerset business accelerator scheme launched
A new training initiative has been launched to support the growth of businesses in North Somerset. The new accelerator program will be delivered by a number of organisations in the area including Weston College, North Somerset Council, The Food and Drink Forum and North Somerset Enterprise Agency. The UK Government-funded scheme, will offer entrepreneurs and …
Business
Sky News
AstraZeneca sees COVID-related sales falling sharply but lift from other drugs ahead
AstraZeneca (AZ) has forecast that sales from its COVID-related products, including vaccines, will plunge by up to a quarter this year as the pandemic evolves.The FTSE 100 firm, which has begun earning a modest profit from vaccine sales to countries that can easily afford the jabs, said the gross profit margins from its pandemic products …
Business
Sky News
Energy generator Drax pleads not guilty in health and safety wood dust case
Energy giant Drax Power has pleaded not guilty to allegations that wood dust from its biomass pellets posed a risk to employees’ health.In September 2021, Sky News revealed the energy producer was facing criminal prosecution by the Health and Safety Executive (HSE) for two alleged offences. Appearing via video link at Leeds Crown Court, Dominic …
Business
Evening Standard
London starting salaries rising at fastest rate on record
Business
Sky News
Prices of many household favourites set to rise as consumer giant Unilever sees costs soar
Unilever, the consumer goods giant behind brands including Marmite and Magnum ice creams, has signalled that shoppers face further price increases as its own costs continue to rocket.The company, which said it was to cut 1,500 jobs in a global reorganisation just last month, used the publication of its annual results to estimate that it …
Business
Sky News
Three quarters of firms to put up prices as they face soaring wage and energy costs
Around three quarters of firms say they are putting up prices in response to surging costs such as wages, energy and raw materials, according to a new survey.The British Chambers of Commerce (BCC), which conducted the poll, said it highlighted the intense pressure creating a “cost of doing business crisis” for firms across the country. …
Business
Sky News
Lifting wages in line with inflation could add ‘momentum’ to price spiral, BoE official warns
Workers seeking wage rises and firms trying to maintain profits in line with inflation could help sustain a spiral of prices and force further rate rise action, a top Bank of England official has warned.The Bank’s chief economist Huw Pill said officials expect these so-called “second round” effects to be contained but that if they …
Business
Sky News
Silver Lake closes in on deal to take stake in New Zealand All Blacks
Silver Lake, the American private equity firm, is closing in on a deal for one of the biggest commercial prizes in global sport: a stake in the New Zealand All Blacks rugby union team.Sky News has learnt that Silver Lake and New Zealand Rugby, the sport’s national governing body, are on the brink of finalising …
Business
Evening Standard
Under pressure GlaxoSmithKline promises ‘landmark’ year as its outshone by Pfizer
Business
Business Live
Covid blamed for collapse of South West construction giant Midas
The boss of stricken South West construction giant Midas Group Ltd has blamed the Covid pandemic for the firm’s collapse. Staff at the Exeter-headquartered firm have been told by calls and emails that the business is going into administration and there would be job losses. Work on several construction sites around the South West has …
Business
Business Live
Urgent commercial property call – 3,000 sq ft temporary puffin nest required for 40 giant sculptures
The culture crew behind the release of dozens of decorative toads and moths onto the streets of Hull and East Yorkshire is appealing for help from commercial property owners or agents as it prepares to unleash a parade of puffins. Organisers of Puffins Galore! are ready to take delivery of 40 giant models of the …
Business
Business Live
Former Marks & Spencer to undergo £8m transformation
The former home of a Marks & Spencer store in the West Midlands is set to undergo a £8 million conversion project to create new town centre offices. The high street retailer moved out of its base of 34 years in Leamington’s Royal Priors Shopping Centre in November to a new site on Leamington Shopping …

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