Ineos Automotive, owned by the chemicals tycoon and Brexit-backing billionaire Sir Jim Ratcliffe, who is bidding to buy Manchester United, is to build its electric 4×4 at a factory in Graz, Austria.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
Big four accounting firm EY to shed 3,000 US jobs to cut ‘overcapacity’
Less than a week after abandoning its plan to split itself into separate audit and consulting businesses, EY has told staff it will cut 3,000 jobs in the United States to eliminate “overcapacity”.
UK’s third largest electricity firm Ovo to ditch ‘greenwash’ certificates
Most renewable electricity tariffs are greenwashing and will fail to help Britain meet its net-zero goal, the country’s third largest energy supplier said.
UK workers’ pay up nearly six per cent but inflation’s stranglehold on salaries remains
UK workers are still being squeezed by a historic inflation crunch despite wage increases smashing expectations, official figures out today reveal.
Business groups ‘welcome’ maths focus to plug ‘skills gap’
Business groups say Rishi Sunak’s focus on maths is a “welcome” measure to plug key “skills gaps” as Britain goes for growth, despite concerns over a lack of teachers.
Quarter of UK hairdressers considering closing or scaling back businesses
More than a quarter of hairdressers are thinking of closing sites or reducing the size of their salon as stylists struggle with high bills and fewer clients, research suggests.
Asda and Wayve launch UK’s largest self-driving grocery home delivery trial
From today, Asda customers can have their shopping delivered by a Wayve self-driving vehicle in the UK’s largest autonomous grocery home shopping delivery trial.
Royal Mail and Communication Workers Union reach deal on pay
The CBI’s board is facing criticism from senior industry figures for its decision to turn to insiders to steer it through misconduct allegations, with the appointment of Rain Newton-Smith facing fresh scrutiny from politicians and business leaders.
Dragons’ Den star told to pull down antivax sanctuary built on protected woodland
Former Dragons’ Den star Rachel Elnaugh has been told to pull down a sanctuary for antivaxers built on a site of protected ancient woodland in the Peak District.
Small business champion Good Business Pays appoints Wilfred Emmanuel-Jones, The Black Farmer, as Non-Executive Director
Good Business Pays today announced the appointment of Wilfred Emmanuel-Jones MBE as Non-Executive Director.
Elon Musk launches new long-form Twitter platform allowing 10,000 characters
Twitter has launched a new platform to support writers move from micro-blogging to longer-form pieces, with posts of 10,000 characters permitted.
Rail unions considering ‘updated’ offer from train firms but ‘no decision’ taken yet as more disruption looms
Leaders of the biggest rail workers union are considering an “updated” offer from train companies aimed at resolving the long-running dispute over jobs, pay and conditions.
£150M rollout of Government boiler upgrade scheme branded ’embarrassing’ after missing installations target
The Government’s drive to get Britons to install heat pumps in their home was today branded ‘shameful’ and an ’embarrassment’ after missing its installations target.
CBI is no longer relevant in its current form, says former Barclays’ director Baroness Wheatcroft
The CBI’s time has passed and it is no longer fit for purpose, according to former Barclays’ director Baroness Wheatcroft.
2 in 5 mothers say high costs are still keeping them out of the workplace
Two in five mothers feel prohibited from returning to work due to the high cost of childcare, even with Jeremy Hunt’s expanded childcare offering, a new survey of mothers has revealed.
