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Western allies agree to cut select Russian banks from global financial messaging system SWIFT
Western allies have agreed to remove selected Russian banks from the SWIFT global financial messaging system.In a joint statement, leaders of Europe, UK, US, and Canada, said the move was in response to Vladimir Putin’s decision to invade Ukraine late last week. The group said: “We stand with the Ukrainian government and the Ukrainian people …
Business
Sky News
Convenience store giant McColl’s scrambles to stave off collapse
McColl’s Retail Group, one of Britain’s biggest convenience store chains, is racing to secure new funding to stave off a collapse that could put thousands of jobs at risk.Sky News has learnt that McColl’s is working with advisers on attempts to find a buyer or third parties willing to inject fresh capital into the business. …
Business
Euro News
Ukraine war: Meta restricts Russia from running Facebook ads amid row over media censorship
Business
Sky News
BA cancels all short-haul flights from Heathrow until midday due to ongoing ‘technical issues’
British Airways has said all of its short-haul flights from Heathrow are cancelled until midday today following ongoing “technical issues”.The airline said customers due to travel later today should check their flight status on ba.com before coming to the airport as “we anticipate further disruption during the day”. It said its long-haul services at Heathrow …
Business
Sky News
BA cancels all short-haul flights from Heathrow due to ongoing ‘technical issues’
British Airways said all of its short-haul flights from Heathrow were cancelled this morning following ongoing “technical issues”.The airline said earlier that customers due to travel today needed to check their flight status on ba.com before coming to the airport as “we anticipate further disruption during the day”. It said its long-haul services at Heathrow …
Business
Sky News
BA plans to operate ‘vast majority’ of flights from Heathrow after raft of short-haul cancellations
British Airways was forced to cancel short-haul flights from Heathrow this morning following “technical issues”.The airline said it was “planning to operate the vast majority of flights for the rest of the day”, having had to cancel all short-haul flights from Britain’s biggest airport until midday. “We are extremely sorry that due to the continuing …
Business
Business Live
Plans to bring UK’s first lithium hydroxide plant to Teesside Freeport
Plans to bring the UK’s first lithium hydroxide plant to Teesside Freeport have taken a step forward. Sembcorp Energy UK (SEUK) has signed an exclusivity agreement with Alkemy Capital Investments plc, whose wholly-owned subsidiary Tees Valley Lithium Ltd intends to build a processing plant at Wilton International. The six-month exclusivity deal – worth £50,000 – …
Business
Business Live
Lush shuts shops in Ukraine as Russia invasion takes hold
The boss of cosmetics retailer Lush has revealed all his staff in Ukraine are safe but 15 stores across the country have been closed as Russian troops advance on major cities. Mark Constantine said he had received messages from staff saying they remain “shocked but secure”, although Lush’s manager in Ukraine reported he could hear …
Business
Business Live
‘This horrible thing happened to us but we have an opportunity’: the identical twins behind a leisure firm with a difference
When they were growing up identical twins Stella Laird and Jodi McSherry idolised Sarah Beeny and longed to one day run their own property business – and now that dream has come true. They have been the proud owners of a tired outdoor activity centre and hostel in rural County Durham for just a few …
Business
Business Live
Texas software company ESO adds 35 jobs at Belfast base
A US software company has created around 305 jobs at its engineering centre in Belfast. ESO, which is based in Texas and helps emergency services across North America to deliver better patient care, said the jobs are on top of the 120 roles it announced in 2019 when it opened the European base in the …
Business
Sky News
British EV charging start-up races to finalise delayed US merger
A British provider of electric vehicle charging infrastructure to Amazon is racing to conclude a merger with an American ‘blank cheque’ company amid increasingly torrid market conditions for such deals.Sky News has learnt that EO Charging has extended the deadline for a $675m transaction to combine with First Reserve Sustainable Growth (FRSG), a New York-listed …
Business
Business Live
CIPD North East of England Awards back in full to recognise best of region’s people practice
The hunt is now under way for the best examples of HR and development in the North East with the launch of the 2022 CIPD North East of England HR&D Awards. And the annual event – one of the most prestigious awards to showcase the talents of the region’s businesses – will be held face-to-face …

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