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Amazon halts plan to stop accepting Visa credit cards in UK just two days before deadline
Amazon has announced that it will not stop accepting Visa credit cards for UK payments later this week as had been planned as the two companies seek to resolve a dispute.In an email to customers, the online retailer said it was “working closely with Visa on a potential solution”. The move had been due to …
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Venture capital firm opens office in former Rover’s Return set
A venture capital business has opened a new office in Manchester city centre in a building once used for the interior of Coronation Street’s Rover’s Return. DSW Ventures, which is part of the Dow Schofield Watts network, has taken space in the city’s historic Bonded Warehouse – which was also previously home to the L&NW …
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Five South West companies float on stock market in 2021
Hundreds of millions of pounds were raised by South West companies listing on the stock exchange in 2021, a new report has found. A total of five firms across the region announced initial public offerings (IPOs) or entry to the alternative investment market (AIM) last year. According to the report by EY, among the largest …
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Growing haulage group eyes £100m turnover after pair of acquisitions
One of the North West’s largest import/export and haulage groups is now eyeing a turnover of £100m after completing the acquisitions to two counterparts. Burnley-based EFS Global has snapped up Gees Haulage, which is located in Wakefield, and Gateshead-based Tyneside Express Transport. As a result of the deals, 235 vehicles – including trailers – and …
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New owners of historic Howells building in Cardiff unveil £100m transformation plans
The landmark Howells building in the centre of Cardiff has a new owner with plan to transform it into a £100m new mixed-use destination. Real estate investment, development and asset management firm, Thackeray Group, have acquired the 275,000 sq ft Victorian building, which occupies a prime 1.7-acre site, out of receivership. The value of the …
Business
Sky News
Unilever shares fall as it defends £50bn approach for GSK’s Aquafresh to Panadol consumer arm
Shares in consumer goods giant Unilever have fallen after it defended its £50bn takeover approach for the consumer healthcare arm of GlaxoSmithKline (GSK), describing the business as a “strong strategic fit”.The group, whose products range from Domestos bleach and Dove soap to Marmite and Hellman’s mayonnaise, said the GSK deal would help it beef up …
Business
Sky News
China posts 8.1% growth for 2021 but slowdown signs persist
China’s economy grew by 8.1% in 2021 as it rebounded from a coronavirus-driven slump – but there were signs it was stuttering as the year drew to a close.Official figures showed the quarter-on-quarter pace of growth picked up a bit in the last three months of the year to 1.6% after a third quarter when …
Business
Sky News
Credit Suisse chairman resigns after bank probe finds he breached COVID-19 rules
Credit Suisse’s chairman has resigned just nine months into the role after breaching COVID-19 quarantine rules – in fresh controversy for the global investment bank as it recovers from a string of scandals.Antonio Horta-Osorio’s departure was announced by the Switzerland-based lender on Monday in an abrupt move that comes less than a year after he …
Business
Sky News
‘Whole industry has taken a hit’: Business owners share relief as British skiers allowed to return to French slopes
There is no winter sport resort quite like Chamonix. Nestled in the shadow of Mont Blanc, it has a glittering history and a reputation for challenging even the best skiers.People travel from all around the world to try their luck on these slopes. And now, the British can join them once again. For nearly a …
Business
Sky News
Ex-Farfetch executive Robb among contenders to become ASOS CEO
A former executive at Farfetch, the online luxury fashion platform, is a contender to become the next boss of ASOS, the £2.3bn digital retailer.Sky News has learnt that Andrew Robb, who left Farfetch in 2020, is among the candidates being considered by the London-listed company as the successor to Nick Beighton. The choice of its …
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Business Live
Gateshead gluten free biscuit maker Northumbrian Fine Foods hails sales rise in pandemic
North East biscuit maker Northumbrian Fine Foods has toasted a successful year after managing to continue manufacturing sweet treats during the first year of the pandemic. The Gateshead company makes supermarket own-label biscuits and brand products at its Team Valley base, and over the last 80-plus years has grown to become the UK’s largest gluten-free …
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Business Live
‘Mad Men’ of Manchester: How Don Draper inspired rising star branding agency
The co-founder of an advertising and branding agency, whose clients include Carlsberg, Onken and Boots, has revealed the role hit TV show Mad Men had on his career choice as the firm gears up to turnover £1m and double its headcount. Antonio Giansante was studying at Liverpool John Moores University when the US series debuted …

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