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Sky News
People will die in cold homes, warns alliance of charities urging government action
Fuel poverty could increase by millions of households and people will die in cold homes, an alliance of charities has warned the government.The 25 charities – including Save the Children, Age UK, End Fuel Poverty and Greenpeace – have called for urgent government action to tackle the energy bills crisis. It comes as experts predicted …
Business
Sky News
JD Sports aims to score with EXCEL esports partnership deal
JD Sports Fashion, Britain’s biggest sports apparel retailer by market value, is taking a further stride into the booming esports arena by striking a commercial partnership with one of the industry’s fastest-growing platforms.Sky News understands that JD has agreed a deal that will see its logo worn by EXCEL ESPORTS’ roster of players who compete …
Business
Sky News
Sceptics remain unconvinced but M&S sales show encouraging signs of a turnaround
News that Marks & Spencer has reported record Christmas trading will inevitably spark debate over whether the much-loved retailer’s oft-promised turnaround has finally been accomplished.Today’s movement in M&S shares, which at one point fell by 6%, suggest there is still scepticism among some investors. Yet the numbers themselves are pretty encouraging. Image: Clothing and home …
Business
Sky News
Next slashes sick pay for unvaccinated staff who are self-isolating
Next has become the latest big corporate name to take issue with unvaccinated staff as the Omicron variant of COVID-19 pushes up absence rates.The fashion-to-homewares retailer said on Thursday sick pay for unvaccinated staff who must self-isolate could be cut to the Statutory Sick Pay minimum rate of £96.35 a week. The company stressed that …
Business
Sky News
Poundstretcher owner to explore sale in wake of ‘hugely successful’ restructuring
The owner of one of Britain’s biggest discount retailers is to begin exploring a possible sale of the business 18 months after he struck a “hugely successful” rescue deal.Sky News understands that Poundstretcher’s controlling shareholder, Aziz Tayub, has retained bankers at Rothschild to examine plans that could involve bringing in new investors. City sources said …
Business
Business Live
Significant contract dispute, Covid and resulting delays led to PDR Construction collapse – administrator
Administrators appointed following the collapse of PDR Construction Ltd have revealed how all operations ceased and all staff were made redundant prior to their appointment. A “significant lost adjudication” in a contractual dispute has also been highlighted at the Hessle firm, which walked away from 14 sites with ongoing work valued at £90 million. Philip …
Business
Evening Standard
End of the retail Christmas winners game, as private equity takes over
Figuring out the retail winners from the Christmas trading period is a favourite task for the (immaculately dressed) anoraks who obsess about shops.Did Tesco flog slightly more Albanian Prosecco than Sainsbury? Didn’t Waitrose’s fancy cheese board selection just leave M&S’s in the dust?For the retail nerds – strange folk who think like-for-like sales are keys …
Business
Evening Standard
Aviva hunting for new CFO as Jason Windsor jumps ship for Persimmon
AVIVA was left searching for a new finance director today when housebuilder Persimmon poached Jason Windsor from the giant insurer.Eyebrows were raised in the City at Windsor’s departure from one of the giants of the UK financial scene to a business half the size in a sector under pressure from the government.Windsor has been CFO …
Business
Sky News
Omicron takes out 3% of the workforce and a fifth of firms see rise in cancellations
An estimated 3% of the UK workforce was off work in late December while a fifth of businesses reported increased cancellations over the past month amid the surge in the Omicron variant, according to data released by the Office for National Statistics (ONS).The number-crunchers reported that 21% of firms had seen a rise in cancellations, …
Business
Evening Standard
Aviva hunting for new CFO as Windsor jumps ship
AVIVA was left searching for a new finance director today when housebuilder Persimmon poached Jason Windsor from the giant insurer.Eyebrows were raised in the City at Windsor’s departure from one of the giants of the UK financial scene to a business half the size in a sector under pressure from the government.Windsor has been CFO …
Business
Business Live
Tekmar Group seals $10m deal for work on major Middle East subsea scheme
North East offshore specialist Tekmar Group has announced a $10m deal for work on a major Middle East project. The Darlington group – which has five main operating companies in Tekmar Energy, Subsea Innovation, AgileTek Engineering, Ryder Geotechnical and Pipeshield International – has sealed the lucrative contract to provide pipeline support and protection materials for …
Business
Business Live
Dior, Gucci and Paco Rabanne help The Fragrance Shop to record Christmas sales
Sales of Dior’s Miss Dior, Gucci Flora and Paco Rabanne Phantom helped The Fragrance Shop achieve record Christmas sales in 2021. The Manchester-headquartered company saw overall sales rise 38% in the six weeks to January 1, 2022, compared to the same period in 2019. The business added its online performance helped drive up its total …

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