Latest Stories All Stories

Business
Business Live
Sales soar as Young’s Seafood returns to profit in year before Sofina swoop
Sales of £571 million were recorded by Young’s Seafood as it sailed back into the black in the year immediately before Canadian giant Sofina Foods swooped to take it over. The Grimsby-headquartered supplier to major retailers brought in a £21.3 million profit, turning round a £10.1 million loss in a period when eating at home …
Business
Sky News
Next sees prices rising by up to 6% as wage and freight costs soar
Fashion retailer Next has set out plans to hike its prices by as much as 6% over coming months as costs soar partly thanks to labour shortages pushing up wages.The group, which published a trading update showing better than expected revenues over the Christmas period, also cited higher shipping and manufacturing costs. A hike in …
Business
Sky News
Buoyed by PlayStation and Spider-Man success, Sony takes gamble on electric cars as it seeks to ‘redefine mobility’
It is instructive that, on news that Sony is setting up a unit to examine going into the electric vehicle market, its shares jumped by more than 4% on the Tokyo stock market.That response accentuates the faith investors have in Japan’s second-biggest company to deliver on something when it puts its mind to it. And …
Business
Evening Standard
Britons set to drink nearly 8 million pints of low-or-no-alcohol beer this Dry January, says BBPA
Britons are set to drink nearly 8 million pints of low-and no-alcohol beer this month as Dry January resolutions come in amid a boom in the low-bev sector, according to a major trade body.The British Beer & Pub Association (BBPA) said it expects 7.8 million pints of low-proof brews to be sold in the UK …
Business
Sky News
Sales of new electric cars ‘only bright spark’ for UK industry in flat 2021
The UK car industry says growing demand for electric cars was the only “bright spot” for the sector last year as a string of coronavirus crisis-related challenges combined to knock sales.The Society of Motor Manufacturers and Traders (SMMT) reported a rise of just 1% in overall new car sales during 2021 compared to the previous …
Business
Evening Standard
Facilities by ADF IPO: Trailer provider to the stars becomes London’s first float of 2022
London saw its first IPO of the year this morning as Facilities by ADF floated on the junior AIM market. The company provides production sites with accommodation, make up rooms and toilets in trailers.Clients include Netflix, Disney and the BBC. It supplied every series of Peaky Blinders – including actors‘ living quarters and make-up trucks. …
Business
Sky News
Former Deloitte restructuring chiefs swoop on KPMG offshore arm
The strategic consulting firm which last year led the buyout of Deloitte’s UK restructuring operations will this week swoop on an overseas unit of KPMG, another of the big four global accountancy firms.Sky News understands that Teneo is close to announcing the acquisition of KPMG’s Cayman and British Virgin Islands restructuring division, giving it a …
Business
Evening Standard
Sessions: Food startup from former Deliveroo MD and Soho House finance chief raises $10m to fuel expansion
Sessions, a food start-up co-founded by a former managing director of Deliveroo, has raised £7.4 million from big-name investors to fuel expansion.The brand was launched by Dan Warne and former Soho House finance chief Ian Banks, and is chaired by leisure sector veteran Graham Turner. It provides both venues and digital platforms and “incubates” up-and-coming …
Business
Business Live
Winners of 2021 Nottinghamshire Live Women in Business Awards revealed
Women who are playing a key role in business and making their mark on their respective industries have been recognised at the 2021 Nottinghamshire Live Women in Business Awards. The awards – organised by Reach plc and headline sponsored by Hillarys blinds – aim to shine a spotlight women who have triumphed in business and …
Business
Business Live
First batch of battery-grade lithium produced at £3m Cornish pilot plant
The first batch of high purity, battery-grade lithium has been produced at a newly opened £3m pilot plant in Cornwall. In what is believed to be a world first, British Lithium has produced lithium carbonate at pilot scale from the mica in granite in its new plant near Roche, which is near St Austell. Funded …
Business
Business Live
Covid test rules set to be relaxed to combat staff shortages
Coronavirus testing rules are set to be eased to reduce the time people have to spend in isolation as Boris Johnson acts to combat staff absences in key parts of the economy and health service. People who test positive on a lateral flow test will no longer need a confirmatory PCR to begin the self-isolation …
Business
Sky News
Local authority-backed Together Energy latest to face collapse
A local authority-backed energy supplier with 170,000 customers faces collapsing within weeks as a last-ditch search for new funding nears its end.Sky News has learned that Together Energy, which is 50%-owned by Warrington Borough Council, is likely to run out of money later in January without an emergency capital injection. A source close to a …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources