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Sky News
Pre-departure tests for travellers returning to the UK to be scrapped
Pre-departure testing will no longer be required for travellers returning to the UK, the government is expected to announce later.Sky News understands that the review of travel restrictions today will result in the removal of the restriction put in place a month ago to tackle the spread of the Omicron variant. It comes after trade …
Business
Sky News
Pre-departure tests and travel isolation scrapped in England
Pre-departure testing will no longer be required for travellers returning to England and arrivals will not have to isolate until they get a negative PCR test.Prime Minister Boris Johnson told the House of Commons the pre-departure measure, introduced a month ago, will be removed as the Omicron variant is now so prevalent the measure is …
Business
Business Weekly
Cambridge claims slice of glory in Novartis swoop for Gyroscope
Cambridge Innovation Capital portfolio company Gyroscope Therapeutics, based in Stevenage, is going great guns in the US. The company accepted a bid worth up to $1.5 billion from Novartis towards the end of 2021. The $1,5bn has been proffered on a cash and debt free basis with an upfront payment of $800 million and up …
Business
Sky News
PM cold on scrapping 5% VAT rate as ministers feel heat over impact of soaring energy bills
Business Secretary Kwasi Kwarteng will hold further talks with energy suppliers on Wednesday as the government continues to explore ways of softening the blow of a forecast 50% increase to household energy bills.A third round of talks between industry and ministers in the week since the Christmas break comes after Boris Johnson said he would …
Business
Evening Standard
Plan B curbs hit Wildwood and DimT owner Tasty over Christmas
DIM T and Wildwood owner Tasty today became the latest hospitality group to count the cost of Plan B restrictions on peak festive trading. The AIM-listed company, which operates 54 pizza joints and Asian fusion eateries, told investors trade was “considerably weaker than anticipated” after work from home advice from December 13 onwards “deterred the …
Business
Sky News
Iceland has 11% of staff isolating as retail warns Omicron rules threaten disruption
Frozen food specialist Iceland has revealed that more than one in 10 workers are currently self-isolating as staff shortages take a toll on business, the NHS, and public transport networks after the Christmas break.The supermarket chain told Sky News that about 3,300 people were currently at home – representing 11% of its entire workforce – …
Business
Evening Standard
Revealed for Veganuary: The British city with the biggest love of vegan takeaways
Christmas is over and January is well and truly here. For hundreds of thousands of people around the country, this month will also be a meat-free one as they observe “veganuary“.But shunning animal products is not just a one-month affair in the UK. An ever-growing proportion of the population is taking up veganism as a …
Business
Sky News
Food start-up Sessions toasts Guinness backing in £7.5m fundraising
A start-up which provides burgeoning talent from Britain’s food industry with a platform to sell its products has raised $10m (£7.4m) to fuel its expansion.Sky News understands that Sessions, which operates a successful chef-led food hall on Brighton’s seafront, will announce this week that it has secured the Series-A funding from a syndicate of investors …
Business
Sky News
£862m credit card splurge in November as consumers shopped early for Christmas
UK consumers added an extra £862m to their credit card bills and put less money away in bank accounts in November, according to new data that adds to evidence of an early pre-Christmas splurge.The Bank of England figures showed the biggest monthly increase in credit card borrowing since July 2020. Overall consumer credit, which also …
Business
Sky News
Serbian cable-TV tycoon snaps up Southampton FC in £100m deal
A Serbian-born cable television tycoon has become the latest entrant to the Premier League’s eclectic roster of club-owners after striking a £100m deal to buy Southampton.Sky News has learnt that Dragan Solak, founder of United Group, has invested a chunk of his fortune in a controlling stake in the Saints, who sit 14th in the …
Business
Sky News
COVID staff shortages, foreign takeovers shake-up and an alcohol-free brewery
All the latest as a rise in Omicron coronavirus cases hits the return to work with staff forced to isolate. Ian speaks to business minister Lord Callanan as new rules which make it harder for foreign takeovers of UK firms, considered key to national security, come into effect. Plus, more on Nirvana Brewery – the …
Business
Evening Standard
FTSE 100 jumps as City embraces New Year optimism
The City began the year on the front foot today, with shares enjoying a decent rise and commentators predicting that new Covid cases will be manageable.While Omicron seems to be surging across the country, investors chose to take heart from signs that this strain of the virus is far less likely to cause death than …

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