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Business Live
Minister acknowledges Covid “damage” but insists growth figures are good news
A senior Minister has said it’s right to celebrate the UK’s latest GDP figures but acknowledged the economic damage done by the pandemic. Speaking to BusinessLive, Simon Clarke , Chief Secretary to the Treasury, said “everyone should be reassured” by ONS figures that show 7.5% growth in the economy during 2021. That’s despite key business …
Business
Business Live
Does the UK really have the fastest growing economy in the G7?
If you have been paying attention to politics recently, you will know that the UK has the fastest growing economy in the G7, the group of the world’s strongest economies. You will know it because the Prime Minister said so at last week’s Prime Minister’s Questions…and at the PMQs before that, and the session before …
Business
Sky News
Taxpayer-backed NatWest prepares for exit of veteran chairman Davies
NatWest Group, the taxpayer-backed lender, is to start a search for a successor to Sir Howard Davies, the City grandee who has chaired it for the last seven years.Sky News has learnt that NatWest’s board has kicked off internal discussions about the launch of a process to fill what was once one of the most …
Business
Sky News
Increase in price of mixers pushes up cost of gin and tonic
The cost of a homemade G&T could become more expensive as the price of popular tonic waters soars.The price of mixers made by brands such as Schweppes and Fever-Tree has increased sharply over the last month, according to shop price data from the research firm Assosia. Quoting the report, The Guardian said the price of …
Business
Business Live
Derby County and Middlesbrough strike deal over compensation claim
Derby County moved a step closer towards finding a new owner after former Derby County owner Mel Morris reached a deal with Middlesbrough owner Steve Gibson, which had been pursuing compensation from the club. It is hoped the move will go some way to paving the way for the Rams to sold out of administration. …
Business
Business Live
James St opens apprenticeship programme to find next kitchen or front-of-house hero
Restaurant group James Street is on the lookout for eight apprentices with the skills and ambition to become the next head chef or front of house manager. The Belfast company, which is behind James St, Hadski’s and cookery school Waterman House, launched its apprenticeship as part of National Apprenticeship Week and is urging candidates aged …
Business
Business Live
Seafood firm Kirwin Brothers back in the black as ‘strong rebound in demand’ boosts sales
Grimsby wholesale fish merchants Kirwin Brothers Ltd has reported a “strong rebound in demand” post lockdown as eating out came back on the family menu, returning it to profit. The staycation trend has also seen seaside visits soar, with the nation’s favourite takeaway a coastal must for many. Sales were up more than five per …
Business
Business Live
Stena Line ‘astonished’ at applications to join crews on its Irish Sea ferry fleet
Ferry company Stena Line has been left “astonished” at the level of applications to the launch of a recruitment campaign. The firm had 60 jobs up for grabs onboard its Irish Sea vessels – including 30 on the ships that sail between Wales and Ireland. They have been inundated with responses – with 1,700 applications, …
Business
Business Live
Bumper harvest for Northern Ireland’s farmers but cost rises temper mood
Northern Ireland’s farmers enjoyed a bumper year in 2021 as a ramp up in farm gate prices boosted incomes despite a hike in input costs. Widely watched figures from the Department of Agriculture, Environment and Rural Affairs said the sector notched up income of £501 million, an 8.3% jump on 2020. The move was reflective …
Business
Sky News
US fund Knighthead lodges fresh bid to join Wolseley’s top table
A US-based fund is trying to break an impasse over the future of some of London’s top restaurants by tabling a fresh offer to extract it from insolvency proceedings.Sky News has learnt that Knighthead Capital Management, which has seen a number of proposals rebuffed by administrators to Corbin & King and its biggest shareholder, is …
Business
Sky News
Economic growth, airport terminal to reopen and rising e-cigarette sales
Sky’s Ian King delves into the latest GDP figures for the UK economy. Gatwick Airport announced it plans to reopen its South Terminal nearly two years after it was mothballed to save costs. He’ll also be speaking to the world’s second-largest tobacco company about rising sales of e-cigarettes.:: Listen and subscribe to The Ian King …
Business
Evening Standard
Stagflation is here as Omicron hits UK economy

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