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Business

Business

Ford job cuts: More than a thousand jobs to go in the UK

Ford has announced 1,300 jobs are being cut from its UK business as part of a Europe-wide overhaul of the carmaker. The majority of...

by admin February 14, 2023
Ford job cuts: More than a thousand jobs to go in the UK
Business

Number of days lost to strike action in 2022 highest since 1989

The number of working days lost to strike action totalled 843,000 in December, bringing the total number of strike days from June to December...

by admin February 14, 2023
Number of days lost to strike action in 2022 highest since 1989
Business

Ford job cuts: More than a thousand jobs to go in the UK

Ford has announced 1,300 jobs are being cut from its UK business as part of a Europe-wide overhaul of the carmaker. The cuts are...

by admin February 14, 2023
Ford job cuts: More than a thousand jobs to go in the UK
Business

Lilt brand scrapped after nearly 50 years – with drink to be renamed

Lilt is being axed after nearly 50 years and will be rebranded as Fanta Pineapple and Grapefruit. The drink is famous for offering a...

by admin February 14, 2023
Lilt brand scrapped after nearly 50 years - with drink to be renamed
Business

Amazon warehouse staff escalate strike action in fight for better pay

A union representing hundreds of workers at an Amazon warehouse has revealed plans for seven more strike days. The GMB union said its members...

by admin February 13, 2023
Amazon warehouse staff escalate strike action in fight for better pay
Business

Heathrow airport back to pre-pandemic passenger numbers

The number of people that passed through the UK’s busiest airport returned to pre-pandemic levels last month. Heathrow reported 5.4 million people travelled through...

by admin February 13, 2023
Heathrow airport back to pre-pandemic passenger numbers
Business

Vue screens financial backers for blockbuster tilt at rival Cineworld

Europe’s biggest privately owned cinema operator has lined up financial backing from its new shareholders to help assemble a takeover tilt at Cineworld, its...

by admin February 13, 2023
Vue screens financial backers for blockbuster tilt at rival Cineworld
Business

American fund KPS sets sail with purchase of British yacht-builder Princess

Britain’s biggest luxury yacht-builder is being sold to new private equity backers 15 years after it last changed hands. Sky News has learnt that...

by admin February 13, 2023
American fund KPS sets sail with purchase of British yacht-builder Princess
Business

Crisis deepens at MJ Hudson as auditor EY resigns 

The crisis engulfing MJ Hudson, the stricken asset management services provider, will deepen on Monday when it discloses that its auditor has resigned. Sky...

by admin February 12, 2023
Crisis deepens at MJ Hudson as auditor EY resigns 
Business

Royal warrant-holder Hunter Boot on brink of £7m funding lifeline

Hunter Boot, the royal warrant-holding footwear brand, is close to landing a multimillion-pound funding lifeline that could pave the way for an outright sale....

by admin February 12, 2023
Royal warrant-holder Hunter Boot on brink of £7m funding lifeline
Business

Sportswear brand Castore gets into shape for $200m fundraising

Castore, the British sportswear brand backed by Sir Andy Murray, is in talks with investors about a $200m fundraising as it intensifies its battle...

by admin February 11, 2023
Sportswear brand Castore gets into shape for 0m fundraising
Business

Used car sales find reverse gear on supply squeeze

Sales of used cars fell by 8.5% last year, according to industry figures highlighting a squeeze on stocks. The Society of Motor Manufacturers and...

by admin February 10, 2023
Used car sales find reverse gear on supply squeeze
Business

UK economy narrowly avoids recession despite December hit from strikes

The economy narrowly avoided recession in the second half of last year, according to early official figures, despite growth going into a sharp reverse...

by admin February 10, 2023
UK economy narrowly avoids recession despite December hit from strikes
Business

Deliveroo to cut hundreds of jobs globally – and UK to be worst hit

Takeaway delivery platform Deliveroo has announced it is to cut roughly 350 jobs, equivalent to about 9% of the company workforce. Roles across the...

by admin February 9, 2023
Deliveroo to cut hundreds of jobs globally - and UK to be worst hit
Business

UK pays EU £2.3bn after losing trade dispute

The UK has paid £2.3bn to the EU after losing a long-running trade dispute, with the amount including £1bn in interest. The government announced...

by admin February 9, 2023
UK pays EU £2.3bn after losing trade dispute
Business

Inflation-busting public sector pay rises risk stoking inflation, Bank of England governor warns

The governor of the Bank of England has told MPs that its forecasts for inflation to more than halve this year are at risk...

by admin February 9, 2023
Inflation-busting public sector pay rises risk stoking inflation, Bank of England governor warns
Business

Cost of living: Consumer goods giant Unilever expects price growth throughout 2023

The company behind many popular consumer brands including Marmite and Magnum ice creams has said it expects price growth to ease later this year...

by admin February 9, 2023
Cost of living: Consumer goods giant Unilever expects price growth throughout 2023
Business

Disney to axe 7,000 jobs in bid to cut costs

Around 7,000 jobs are to go at Disney – about 3.6% of the workforce – as a multi-billion dollar cost saving restructuring was announced...

by admin February 9, 2023
Disney to axe 7,000 jobs in bid to cut costs
Business

Paying Twitter users can now write longer tweets, but news overshadowed by technical glitch

Twitter has announced that subscribers to its premium Blue service can now post longer tweets – but the news has been overshadowed by technical...

by admin February 9, 2023
Paying Twitter users can now write longer tweets, but news overshadowed by technical glitch
Business

Kemi Badenoch criticises ‘fake conversation’ of Brexit damage as UK-Italy trade partnership signed

Fixating on the short-term damage caused by Brexit is a “fake conversation”, the new Business and Trade Secretary has said, adding that it will...

by admin February 8, 2023
Kemi Badenoch criticises 'fake conversation' of Brexit damage as UK-Italy trade partnership signed
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