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Omicron has had little impact on Christmas shopping visits says Primark owner
Christmas Shopping visits to Primark stores have suffered little impact from the arrival of the Omicron variant, the company that owns the fashion chain said.John Bason, finance director of Associated British Foods (ABF), made the remarks as it said in a trading update that sales at the retailer had been ahead of expectations. Primark relies …
Business
Sky News
Sunak warns of ‘bumps on road’ as figures show growth stalled even before arrival of Omicron
Chancellor Rishi Sunak has warned of “bumps on our road to recovery” as new figures showed growth stalled even before the arrival of the Omicron variant.GDP grew by just 0.1% in October, well short of the 0.4% expected by economists and a big slowdown on September’s 0.6% expansion, the Office for National Statistics (ONS) said. …
Business
Sky News
Your country needs you! Free HGV driver ‘bootcamps’ to combat shortage begin
The first intensive short courses designed to help more people become HGV drivers are under way, as the country continues to battle a big shortage of delivery professionals.The scheme comes under the government’s Skills Bootcamps programme, designed to support employment in key areas of the economy. A major theme of the supply chain crisis facing …
Business
Evening Standard
Giant film and TV studio from Troubadour Theatres to open in Brent Cross
A huge new film and TV studio is to open in Brent Cross early next year, the area’s regeneration venture has revealed. The 150,000 sq ft “Brent Cross Studios” will be launched by Troubadour Theatres, a firm specialising in setting up temporary performance spaces. It will contain a single 27,000 square foot filming studio. The …
Business
Sky News
Ibuprofen hardest product to find – as Christmas party season under way
Painkillers ibuprofen and paracetamol are among the list of items that are hardest to find in stores – as the Christmas party season gets into full swing.Weekly figures compiled by the Office for National Statistics (ONS) showed there was no or low availability of ibuprofen in 18% of locations. For paracetamol the figure was around …
Business
Sky News
Fresh calls for business support as Plan B threatens to cancel Christmas for city centre shops and pubs
The government is facing increasing calls to step in and support businesses affected by new “plan B” COVID measures – which include working from home guidance and vaccine passports for some venues.Trade union GMB said it backed the reintroduction of a furlough scheme if the new measures threaten jobs. Industry body UK Hospitality has said …
Business
Sky News
Fresh calls for business support as Plan B puts Christmas at risk for city centre shops and pubs
The government is facing increasing calls to step in and support businesses affected by new Plan B COVID measures – which include working from home guidance and vaccine passports for some venues.Trade union GMB said it backed the reintroduction of a furlough scheme if the new measures threaten jobs. Industry body UK Hospitality has said …
Business
Evening Standard
On The Beach swings to loss as boss says Omicron and new testing regime hitting travel demand
Holiday retailer On The Beach has reported swinging to a loss as its chief executive said the new Omicron variant has “dampened appetite to book holidays”. The £500 million company reported an adjusted pre-tax loss of £18.4 million for the year to September 30, down from a £0.6 million profit in the prior year. Revenues …
Business
Sky News
Treasury official Braddick faces two-year lobbying ban in senior Barclays role
A senior Treasury official is to be banned from lobbying the government for two years when she takes up an executive role at one of Britain’s biggest banks.Sky News has learnt that Whitehall’s Advisory Committee on Business Appointments (ACOBA) has finalised its advice in relation to Katharine Braddick’s appointment as director of public policy at …
Business
Evening Standard
Wise reveals ex-Netflix CFO David Wells to replace fintech’s co-founder Taavet Hinrikus as board chair
Recently floated fintech Wise today revealed Netflix’s former finance chief is to take over as its chair. David Wells, who left the streaming giant in 2018, has served on the Wise board since 2019 and will take up his new role immediately. The executive worked at Netflix for 14 years, managing its huge growth from …
Business
Business Live
Watches of Switzerland on mission to become US market leader and take bigger chunk of EU luxury watch sales
The boss of the Watches of Switzerland group says he wants it to become the market leader in the United States and look for opportunities to grow sales across the EU. Chief executive Brian Duffy said the Leicestershire-headquartered group – which includes Goldsmiths jewellers and Mappin and Webb – was also building its already strong …
Business
Sky News
Go-Ahead hits the buffers as it scrambles to calculate fallout from Southeastern scandal
Shares in transport operator Go-Ahead have plunged as it scrambles to calculate the fallout from “serious errors” which led to it being stripped of the Southeastern rail franchise.The group lost a quarter of its value after revealing that it would have to suspend its shares soon because counting the cost of the scandal will mean …

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