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Business

Business

Premier Foods to shut Knighton factory, impacting 300 jobs

Premier Foods, the maker of Oxo stock cubes and Mr Kipling cakes, has announced plans to close a plant in the West Midlands, putting...

by admin January 19, 2023
Premier Foods to shut Knighton factory, impacting 300 jobs
Business

Ex-CMA chair and private sector bosses lobby Sunak over regulators

Lord Tyrie, the former chair of the competition watchdog, is among a group of parliamentarians and private sector chiefs who have joined forces to...

by admin January 19, 2023
Ex-CMA chair and private sector bosses lobby Sunak over regulators
Business

Petrol forecourt tycoons to fill tank with £1bn sale of American sites

The owners of Asda are plotting a £1bn sale of part of their American petrol forecourts empire as part of efforts to reduce its...

by admin January 19, 2023
Petrol forecourt tycoons to fill tank with £1bn sale of American sites
Business

Argos closes all stores in Ireland, with nearly 600 jobs lost

Argos will shut all of its stores in the Republic of Ireland in June this year, the company said on Thursday, following a “period...

by admin January 19, 2023
Argos closes all stores in Ireland, with nearly 600 jobs lost
Business

King Charles asks for profits from £1bn wind farm deal to go to ‘wider public good’ – and not to the royals

The King has again signalled his wish to potentially shake up the way the monarchy is funded following a £1bn wind farm deal that...

by admin January 19, 2023
King Charles asks for profits from £1bn wind farm deal to go to 'wider public good' - and not to the royals
Business

Ferry services to and from Calais suspended as national strike begins in France

Ferry services to and from Calais are suspended today because of a national strike in France. P&O Ferries says it had produced an “optimised”...

by admin January 19, 2023
Ferry services to and from Calais suspended as national strike begins in France
Business

Premier League clubs dominate football’s top money makers – but which team earned the most?

Manchester City has topped a closely watched global revenue ranking for the second year running, with the wider Premier League taking “the lion’s share”...

by admin January 19, 2023
Premier League clubs dominate football's top money makers - but which team earned the most?
Business

Advanced battery plant in Oxfordshire to be opened later this year, creating up to 300 new jobs

Britain’s battery sector has been delivered some unexpected good news, after an Australian billionaire told Sky News he will be opening an advanced battery...

by admin January 18, 2023
Advanced battery plant in Oxfordshire to be opened later this year, creating up to 300 new jobs
Business

Inflation eases slightly to 10.5% from 10.7% the previous month due to cheaper fuel and clothes, official figures show

The rate of inflation eased to 10.5%, according to official figures – down from 10.7% in November. The Office for National Statistics (ONS) said...

by admin January 18, 2023
Petrol forecourt tycoons to fill tank with £1bn sale of American sites
Business

Inflation: The worst is not yet over for consumers – falling inflation is not the same as falling prices

That inflation of 10.5% should be essentially good news speaks volumes for the economic turmoil of the last year. A second consecutive monthly fall...

by admin January 18, 2023
Inflation: The worst is not yet over for consumers - falling inflation is not the same as falling prices
Business

Royal warrant-holder Hunter Boot steps into new funding talks

Hunter Boot, the royal warrant-holding footwear brand, is on the march towards a fresh injection of funding nearly three years after it was rescued...

by admin January 18, 2023
Royal warrant-holder Hunter Boot steps into new funding talks
Business

Windfall tax blamed as North Sea’s biggest oil and gas producer plans job cuts

Major North Sea oil and gas operator Harbour Energy has revealed plans for job cuts, blaming the impact of the government’s windfall tax on...

by admin January 18, 2023
Windfall tax blamed as North Sea's biggest oil and gas producer plans job cuts
Business

Advanced battery plant in Oxfordshire to be opened later this year, creating up to 300 new jobs

Britain’s battery sector has been delivered some unexpected good news, after an Australian billionaire told Sky News he will be opening an advanced battery...

by admin January 18, 2023
Advanced battery plant in Oxfordshire to be opened later this year, creating up to 300 new jobs
Business

Inflation eases slightly to 10.5% from 10.7% the previous month due to cheaper fuel and clothes, official figures show

The rate of inflation eased to 10.5%, according to official figures – down from 10.7% in November. The Office for National Statistics (ONS) said...

by admin January 18, 2023
Petrol forecourt tycoons to fill tank with £1bn sale of American sites
Business

Microsoft to axe thousands of jobs in latest cull by tech giant

Microsoft is preparing to axe thousands of jobs in the latest move by one of the world’s biggest technology companies to reduce its workforce...

by admin January 17, 2023
Microsoft to axe thousands of jobs in latest cull by tech giant
Business

Billionaire Sir Jim Ratcliffe confirms interest in buying Manchester United

Billionaire Sir Jim Ratcliffe has confirmed his interest in buying Manchester United. The 70-year-old’s chemical firm Ineos announced it had formally lodged interest with...

by admin January 17, 2023
Billionaire Sir Jim Ratcliffe confirms interest in buying Manchester United
Business

Elon Musk and Tesla going on trial over claims his tweets cost investors billions of dollars

Elon Musk and Tesla are set to go on trial over allegations that shareholders were defrauded out of billions of dollars by his tweets....

by admin January 17, 2023
Elon Musk and Tesla going on trial over claims his tweets cost investors billions of dollars
Business

Majority of Britishvolt’s 300 staff made redundant after company enters administration

Hundreds have lost their jobs after British electric car battery company Britishvolt fell into administration. The majority of Britishvolt’s approximate 300 staff have been...

by admin January 17, 2023
Majority of Britishvolt's 300 staff made redundant after company enters administration
Business

Britishvolt collapse should spark debate on whether it was actually needed

The collapse into administration of Britishvolt will rekindle concerns for the long-term future of the British car-making industry. The sector is under extreme pressure...

by admin January 17, 2023
Britishvolt collapse should spark debate on whether it was actually needed
Business

Wage growth at fastest rate in 20 years, but failing to keep up with inflation

Wages grew at their fastest rate in 20 years in the past year, official data from the Office for National Statistics said. Wages rose...

by admin January 17, 2023
Wage growth at fastest rate in 20 years, but failing to keep up with inflation
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