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Credit Suisse chairman resigns after bank probe finds he breached COVID-19 rules
Credit Suisse’s chairman has resigned just nine months into the role after breaching COVID-19 quarantine rules – in fresh controversy for the global investment bank as it recovers from a string of scandals.Antonio Horta-Osorio’s departure was announced by the Switzerland-based lender on Monday in an abrupt move that comes less than a year after he …
Business
Sky News
‘Whole industry has taken a hit’: Business owners share relief as British skiers allowed to return to French slopes
There is no winter sport resort quite like Chamonix. Nestled in the shadow of Mont Blanc, it has a glittering history and a reputation for challenging even the best skiers.People travel from all around the world to try their luck on these slopes. And now, the British can join them once again. For nearly a …
Business
Sky News
Ex-Farfetch executive Robb among contenders to become ASOS CEO
A former executive at Farfetch, the online luxury fashion platform, is a contender to become the next boss of ASOS, the £2.3bn digital retailer.Sky News has learnt that Andrew Robb, who left Farfetch in 2020, is among the candidates being considered by the London-listed company as the successor to Nick Beighton. The choice of its …
Business
Business Live
Gateshead gluten free biscuit maker Northumbrian Fine Foods hails sales rise in pandemic
North East biscuit maker Northumbrian Fine Foods has toasted a successful year after managing to continue manufacturing sweet treats during the first year of the pandemic. The Gateshead company makes supermarket own-label biscuits and brand products at its Team Valley base, and over the last 80-plus years has grown to become the UK’s largest gluten-free …
Business
Business Live
‘Mad Men’ of Manchester: How Don Draper inspired rising star branding agency
The co-founder of an advertising and branding agency, whose clients include Carlsberg, Onken and Boots, has revealed the role hit TV show Mad Men had on his career choice as the firm gears up to turnover £1m and double its headcount. Antonio Giansante was studying at Liverpool John Moores University when the US series debuted …
Business
Business Weekly
Cell and gene therapies: How to encourage and promote the move to market
The evolution of advanced therapy medicinal products, or ATMPs, is bringing real world results, write James Fry, partner, and Isabel Teare, senior legal adviser from leading law firm Mills & Reeve. The number of cell and gene therapy products now on the market around the world is near the 100 mark, according to recent research …
Business
Business Weekly
Large-scale computing market set to grow to £38bn: Is Cambridge and the UK ready to cash in?
Having witnessed the exponential growth in High-Performance Computing (HPC), artificial intelligence (AI) and cloud consumption, and the importance for power-hungry, data-driven sectors to be sustainably responsible, it is clear that any tech predictions for 2022 will need to cover off the recent guidance given by our government. In its recent report, ‘Large-scale Computing: The Case …
Business
Business Live
Summer Jersey service from Humberside expanded as confidence returns to travel
Eastern Airways has built extra capacity into the summer service to Jersey from Humberside as it anticipates strong domestic tourism continuing well into 2022. The weekly Saturday flights begin again on May 21, running through until late September. Eastern brought back the Channel Islands connection with CI Travel Group and Premier Holidays last year, with …
Business
Sky News
WH Smith faces investor pay revolt amid cost-of-living crisis
The high street retailer WH Smith has been plunged into a major pay row with investors amid heightened tensions over boardroom rewards as Britain grapples with a deepening crisis over pressure on household bills.Sky News has learnt that three of the main proxy advisers which issue guidance to City shareholders ahead of annual meetings have …
Business
Sky News
A shopkeeper ‘to his core’: Former supermarket boss Lord John Sainsbury dies
Lord John Sainsbury of Preston Candover – the former chairman of the supermarket chain – has died aged 94.The supermarket’s current chairman and chief executive announced the death of the Baron on Friday evening, saying he had lived a “remarkable life”. Martin Scicluna said: “We are all deeply saddened to learn of the death of …
Business
Business Weekly
IP in 2022 – What next and where?
Intellectual Property (IP) has changed much less than many other sectors since 2019 – largely because it is, as its name implies, intellectual, writes Patent attorney Andrew Bentham of J A Kemp in Cambridge.  Notwithstanding the pandemic, technology companies found ways to continue research and patenting, brands needed to maintain their competitive edge, and of …
Business
Business Live
MP writes to Wilko CEO and raises closures with Jacob Rees-Mogg in Westminster
Cleethorpes MP Martin Vickers has raised the shock Wilko store closures in Westminster, writing to the company chief executive to air his concerns. His constituency branch is one of 15 listed for closure in 2022, and he flagged it up as he aired his concerns about the high street. The houseware and garden retailer announced …

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