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Sky News
Mini suspends production again due to chip shortage
Mini has temporarily suspended car production at its Oxford factory as a result of the global shortage of semiconductor chips.It is the latest factory shutdown to be caused by the shortage which has hampered the auto industry worldwide over the past year. Production at the Mini plant, in the Cowley area of Oxford, was previously …
Business
Sky News
Mining giant Rio Tinto reveals second largest payout in FTSE 100 history
While tech stocks were among the assets that saw their price hit a record high during 2021, so too were many commodities, among them copper and iron ore.That was good news for mining giants such as Rio Tinto – and today the company revealed just how good. The 149-year old business reported underlying earnings of …
Business
Sky News
Co-operative Bank hires bankers to spearhead renewed bid for consolidation
The Co-operative Bank has hired a leading firm of City advisers to spearhead its attempt to consolidate Britain’s mid-sized banking market.Sky News has learnt that the lender, which has twice come close to collapse during the last decade, has appointed PJT Partners to help scrutinise potential takeover targets. Sources said that PJT’s role would also …
Business
Sky News
Sanctions against Russia, Heathrow losses and inclusion in the financial services sector
Sky News’ Ian King has a look at the various sanctions being imposed on Russia after troops were moved into the Donbas region.He also speaks to the chief executive of Heathrow Airport as it becomes the only European hub to see a fall in passenger numbers last year.And there’s a push for the financial services …
Business
Euro News
Korean stars BTS head back on tour as parent company profits surge
Business
Business Live
Dragons’ Den star Steven Bartlett invests in New York wellness start-up
Dragons’ Den star Steven Bartlett has taken part in a $10m investment round into a New York-based wellness start-up. The entrepreneur, who co-founded Social Chain in Manchester with Dominic McGregor, has also taken a seat on the board of The Healing Company. The business was co-founded by former IMG Model and supplement entrepreneur Anabel Oelmann …
Business
Euro News
Tesla hit by another lawsuit over racism by ex-worker at California battery factory
Business
Business Live
Huge rise in compulsory liquidations as creditors take action over debts
A huge rise in compulsory company liquidations is being driven by creditors who are fed up with unpaid debts, a leading South West expert says. Figures published by the Insolvency Service reveal an increase of 105.8% in corporate insolvencies compared to this time in 2021, and an increase of 3.4% when compared to pre-pandemic levels. …
Business
Business Live
Unite Group returns to profit and predicts rental growth rise as students head back to university
The UK’s biggest student accommodation provider has returned to profit after seeing growth in occupancy levels in the 2021-2022 academic year. Unite Group, which is headquartered in Bristol but runs properties around the country, reported a profit before tax of £343.1m in it’s interim results – up from a loss of £120.1m in 2020. The …
Business
Business Live
SPONSORED: Local organisations supporting Huddersfield’s businesses
The wait is nearly up – it isn’t long until we found out the winners of the Examiner Business Awards 2021. After previous postponement, the highly-anticipated black-tie evening is set to be one to remember. On March 24 at John Smith’s Stadium, Huddersfield’s business community will gather together to celebrate all things local – from …
Business
Sky News
‘Please reflect on the situation’: Poorest will suffer most if wages and prices rise to reflect inflation, BoE governor warns
The governor of the Bank of England has warned that large wage and price rises that reflect surging inflation risk embedding rising costs in the economy that will result in “slow activity and increased unemployment”. Andrew Bailey told the Treasury committee of MPs that the so-called second round effects of the energy-led rise in living …
Business
Business Live
SPONSORED: How local businesses impressed judges for prestigious awards
The Birmingham BusinessLive Awards 2022, in association with the Birmingham Post, are all about celebrating. Celebrating success in business, entrepreneurial spirit, innovation and resilience – celebrating Birmingham. So that’s why this year, the special event is taking a turn to the celebratory. Starting with a drinks reception, guests will enjoy a delicious three-course dinner and …

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