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Business Live
Covid, Brexit and the green economy: What does 2022 have in store for South West businesses?
The last 12 months have posed considerable challenges for private sector firms in the UK. As we move into 2022, and uncertainty remains around the Covid pandemic, what does the future hold for the business community? Ian Mean, Business West Gloucestershire director, speaks to Phil Smith, managing director of Bristol-based chamber of commerce Business West, …
Business
Business Live
Set targets to use more British steel on HS2 rail link, union urges
A leading trade union has accused the Government of failing to ensure the HS2 rail project is using steel produced in the UK. Unite said it was “alarmed” at information revealed in a series of parliamentary questions tabled by Labour MP Mick Whitely. His initial question was: “To ask the secretary of state for transport, …
Business
Sky News
MP urges UK government to change law on bereavement leave
A Scottish MP has proposed changes to employment law which would guarantee all workers two weeks of paid leave after losing a loved one.SNP member Patricia Gibson said relying on an employer’s goodwill to grant bereavement leave is “unfair” and “clearly doesn’t work”. Currently, bosses are not legally required to pay for time off due …
Business
Euro News
Hyundai, Kia expect auto sales jump in 2022 amid chip shortage
Business
Business Live
West Midlands business review of 2021 – part four: NEC losses, Dandara’s resi project and HS2 downgraded
Our review of 2021 has reached the final quarter of the year and the news that shareholders of one of the region’s most high-profile employers had to inject £50 million into the business to stem covid-induced losses. The stark economic impact of the covid pandemic on the live events sector was laid out in gory …
Business
Business Live
Jobs created after South West businesses reap £40m investment
South West companies raised more than £40m to develop innovative technologies and grow their businesses in 2021, new figures show. Since launching in January 2021, Innovate UK EDGE, a programme run by the UK’s innovation agency, has driven growth across the region, helping innovators raise more than £27m in equity investments and loans, and more …
Business
Sky News
Markerstudy snaps up Comparethemarket owner’s insurance arm in £400m deal
One of Britain’s most acquisitive insurance companies has struck a £400m deal to snap up the group which distributes policies for the likes of Marks & Spencer and the RAC.Sky News has learnt that Markerstudy has agreed to buy BGL Insurance, which is owned by the group behind the Comparethemarket price comparison platform in its …
Business
Sky News
Tory MPs urge Boris Johnson to scrap energy taxes as bills rocket
Twenty Conservative politicians have urged Boris Johnson to scrap energy taxes as bills continue to rocket.The MPs and peers have written a letter in the Sunday Telegraph to ask the prime minister and Chancellor Rishi Sunak to help consumers facing “fuel poverty”. Energy prices in the UK are being forced up faster than any other …
Business
Evening Standard
Grind founder David Abrahamovitch on taking millennial pink coffee pods to the US after surviving the pandemic
Shoreditch Grind became a coffee and espresso martini destination at the start of London‘s java revolution in the early 2010s.Lifelong Londoner David Abrahamovitch, who was in his 20s at the time, had been left a small circular building right on Old Street roundabout in his father‘s will. His father, also David, had used it as …
Business
Sky News
Remember the Y2K bug? Microsoft confirms new Y2K22 issue
Microsoft says it is aware of a programming flaw which saw some customers’ Exchange servers stop processing emails just as the clock struck midnight on New Year’s Eve.System administrators, who are sharing workarounds on social media, have dubbed the bug Y2K22 – in the style of the Y2K bug which affected some computers at exactly …
Business
Sky News
Hands plots £9bn sale of MoD landlord Annington Homes
Guy Hands, the billionaire financier, is plotting the sale of the Ministry of Defence’s (MoD) biggest landlord in what could be one of Britain’s biggest private equity deals of 2022.Sky News has learnt that Mr Hands’ Terra Firma Capital Partners has begun talks with investment banks about overseeing an auction of Annington Homes. City sources …
Business
Sky News
New post-Brexit customs rules come into effect – with warning they could disrupt food supplies
New post-Brexit customs rules for goods arriving in Britain from the European Union have come into effect, changes that a leading food industry body has warned could cause disruption and potentially lead to food shortages.Importers must now make full customs declarations on goods entering the UK from the EU and other countries. Traders can no …

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