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Post People: Birmingham Press Club festive lunch
Business
Business Live
Care home business to double headcount with 800 new jobs
A North West care home business is to double its headcount after revealing plans to create 800 jobs over the next two years. Altrincham-headquartered New Care is also set to open three new facilities in Adel, Wilmslow and Lymm, and a further four care homes are also under construction with practical completion dates planned throughout …
Business
Evening Standard
Retailer Next booms over Christmas and promises fresh rewards to investors
NEXT offered hope to the struggling high street today when it said sales have jumped as it again increased profit forecasts.The retailer led by Simon Wolfson, widely regarded as one of the best run businesses in Britain, says it now expects profits for the year of £822 million.That is a £22 million upgrade on previous …
Business
Business Live
Demand for party-wear boosts Christmas sales at Next Plc – tempered by warnings of inflation and stock shortages
Demand for party-wear over Christmas helped fashion and homewares retailer Next Plc report a busy end to 2021. Sales for the last two months of the year were up 20 per cent on the same period pre-Covid in 2019 – £70 million ahead of expectations. Online sales were up almost 50 per cent on two …
Business
Evening Standard
Thatcher ad firm M&C faces £250m bid from its own deputy chairman
M&C Saatchi, the storied Soho advertising firm with close links to the Conservative Party, faces a £250 million takeover bid from its own deputy chairman.Vin Murria, a software entrepreneur with a near 10% stake in the business, is poised to make an offer that would take the business off the stock market.A story in the …
Business
Sky News
Consumer caution over Omicron takes a bite out of Greggs sales
Greggs has suffered an Omicron sales hit as the emergence of the new variant saw consumers acting more cautiously towards the end of year.The bakery chain, best known for its sausage rolls and steak bakes, said like-for-like sales in the final quarter of last year rose 0.8% compared with pre-pandemic levels in 2019. That was …
Business
Business Live
Developer targets growth of 100% in North Wales and North West England
Developer Anwyl Partnerships has revealed plans to expand the business – targeting growth of 100% that would take turnover over £60m. The firm has enjoyed a strong performance during the past 12 months, and has remained resilient in the face of a challenging building environment and the extreme difficulties associated with Covid. During 2021, Anwyl …
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 …

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