Chancellor to share her vision for growth and champion UK sectoral strengths across financial services, clean energy and infrastructure to investors and CEOs. Trip to build momentum for the International Investment Summit on 14 October. Chancellor Rachel Reeves on 5 August set off on a visit to New York and Toronto with the message that...
Category: Bussiness
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Businesses can’t ignore the violence on UK streets – London Business News | Londonlovesbusiness.com
With a wave of far-right violence sweeping the UK, many employees from ethnic minority groups are feeling distressed, on edge, and even afraid to leave their homes. Many more are concerned for friends and loved ones and devastated by the racist rhetoric being shared around them. Businesses simply cannot just carry on as normal. Watch...
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London and South East warned of net zero blackouts
Jason Mann, an energy expert at FTI Consulting who carried out a study for the Government on the electricity market last year, warned that balancing the South East would become increasingly difficult in the coming years as the grid grows more constrained. He said: “As we go to a more intermittent renewables-based system, the challenges...
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North-east seafood chiefs make ‘crisis’ plea to UK leaders – Aberdeen Business News
THE incoming Labour Government is being called upon to swiftly revise its immigration policies to assist the North-east seafood industry, which is currently facing a severe crisis. Brexit and the Covid-19 pandemic have taken away vital immigrant labor from the sector. Previously, these individuals constituted a significant portion of the workforce, with over 75% at...
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HSBC lures top British diplomat amid geopolitical headwinds
HSBC Holdings has lured one of Britain’s top diplomats to fill one of its most senior executive roles as it braces for an intensification of global geopolitical headwinds. Sky News has learnt that David Quarrey CMG, who has served as the UK’s permanent representative to NATO since April 2022, is leaving the diplomatic service to...
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One of Britain’s oldest shop keepers sells business after break in saw priceless items stolen
One of Britain’s oldest shopkeepers has put his business up for sale after ‘priceless’ antiques were looted from the premises during a break-in. Ninety-seven-year-old George Gillman’s shop in Newton Abbott had the front of his shop shattered and £6,000 worth of goods stolen in the burglary. Mr Gillman, a war veteran, said the jewellery that...
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UK food industry says lack of testing capacity forcing imports back to EU for checks
Imported food coming into the UK through Brexit border posts is being sent back to Europe to be tested due to a lack of laboratory capacity in Britain, food bodies have said. The SPS Certification Working Group, which represents 30 trade bodies covering £100bn worth of the UK’s food supply, has written to the government...
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Aug 4: Violent disorder across the country; UK stable for business; New Volvo EX30 – Car Dealer Magazine
Violent disorder sees police officers injured as Prime Minister vows action Violent disorder in towns and cities led to officers being injured as objects such as bricks, chairs and bottles were thrown at police. Prime Minister Sir Keir Starmer said the police have his ‘full support’ to take action against ‘extremists’ attempting to ‘sow hate’...
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Britain set for growth with International Investment Summit
UK will host major International Investment Summit on 14 October 2024 as it drives forward national mission for growth. Prime Minister to bring together up to 300 industry leaders to catalyse investment in the UK. Chancellor Rachel Reeves and Business and Trade Secretary Jonathan Reynolds will confirm UK is open for business. The UK will...
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Chicken chain Wingstop fires up sale of British operation
Wingstop, the quick-service chicken chain which is Britain’s fastest-growing restaurant operator, is hoisting a “for sale” sign over its UK business. Sky News has learnt that the company, which is majority-owned by the trio of entrepreneurs who brought it to Britain in 2018, has hired Goldman Sachs to find new owners. City sources said the...
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Share trading app Freetrade to pull out of Swedish market
Freetrade, the stock trading app set up to rival the likes of Hargreaves Lansdown, is to pull out of the Swedish market and focus its business solely on the UK. Sky News understands that Freetrade, which has about 750,000 customers in Britain, plans to inform customers on Friday that it is winding down operations in...
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North Channel Wind Welcomes Labour Government’s Great British Energy Move – Business Eye
North Channel Wind, the company proposing to install floating wind turbines in the Irish Sea, welcomes the establishment of Great British Energy which it describes as a pivotal moment in the Northern Ireland’s journey towards a sustainable and secure energy future. North Channel Wind director Niamh Kenny says the newly formed state-owned energy company marks...