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26.02.2022 - 08:35
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 …
25.02.2022 - 17:44
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 – …
25.02.2022 - 16:11
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 …
25.02.2022 - 16:04
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 …
25.02.2022 - 15:26
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 …
25.02.2022 - 15:17
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 …
25.02.2022 - 14:40
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 …
25.02.2022 - 12:48
Business
Sky News
Boots bidders seek right prescription for £8bn pension scheme
Bidders for Boots, Britain’s biggest high street chemist, are grappling with options for tackling huge pension liabilities guaranteed by the chain’s current owner.Sky News has learnt that private equity firms which tabled indicative offers for Boots this week have been informed that Walgreens Boots Alliance wants to offload the guarantees – which are said by …
25.02.2022 - 10:42
Business
Sky News
John Lewis scraps ‘Never Knowingly Undersold’ price pledge
John Lewis is to ditch its long-held “Never Knowingly Undersold” price pledge with the rise of online retailers such as Amazon and changing shopping habits.The department store giant said the commitment, first introduced in 1925, hailed from a different era and would be “retired” this summer. The promise means the employee-owned business matches prices on …
25.02.2022 - 10:27
Business
Business Live
Howdens unveils East Yorkshire expansion plans as £2b business builds to grow
A three year plan to increase scale and scope of manufacturing by Howdens in East Yorkshire has been revealed, with two huge new build projects being pursued. The moves are likely to bring in scores of new jobs, if not hundreds. An initial £10 million investment in land was outlined as the FTSE-250 listed kitchen …
25.02.2022 - 10:25
Business
Business Live
No current plans for follow up review into how more than one billion PPE pandemic items were procured, says Audit Wales
Audit Wales says it currently has no plans to conduct a fresh investigation into spending on and the procurement of pandemic-related personal protection equipment (PPE) in Wales. The independent public body, which examines how public money is spent, said it was content with its report Procurement and Supply of PPE during the Covid-19 pandemic”, published …
25.02.2022 - 09:41
Business
Business Live
Race to Net Zero: Key Labour MP asks if Government is running quickly enough
BEIS Select Committee chair Darren Jones has outlined his concerns around a “chronology crunch” in the race to Net Zero. Taking in the huge strides being made on the Humber, the Labour MP for Bristol North West, told of his fears that policy and strategy from Westminster is not being matched by public investment elsewhere …
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