Business - Page 116

sos has announced its chief executive is leaving with immediate effect as the online fashion giant warned that rising costs are set to hit its profits. Nick Beighton is stepping down after

A key carbon dioxide (CO2) producer in the UK has agreed to continue supplies of the gas which is vital to food and drink production until early next year. US firm CF

Ian Blackford, the SNP’s Westminster leader, has called on the UK government to “nurse” businesses through the energy crisis. He described the situation facing the UK as a “perfect storm”. Wholesale gas

A pig farmer who is quitting after 50 years said the prime minister has “lost the plot” over the industry crisis. Peter Mortimer, 73, said rising costs and a lack of local

Households will again see “significant rises” in energy prices next spring, regulator Ofgem has warned. Its chief executive, Jonathan Brearley, said the price cap, which limits how much energy providers can charge

California has become the first US state to require large retailers to display toys and childcare items in gender-neutral ways. The new law, signed by Governor Gavin Newsom on Saturday, does not

The Department for Business expects to get Prime Minister Boris Johnson’s backing for a package to help energy-intensive industries as gas prices soar, the BBC understands. On Monday, Business Secretary Kwasi Kwarteng

The number of job vacancies in the UK has hit a record high, according to the latest official figures. Vacancies hit 1.1 million between July and September, the Office for National Statistics said,

There is no room for big spending announcements for hard-pressed public services in this month’s Budget, the Institute for Fiscal Studies says. The influential think tank has published new analysis, suggesting borrowing

The business secretary has asked the Treasury to support industries hit by soaring energy costs, a source has told the BBC. Kwasi Kwarteng’s formal request follows talks between ministers and industry leaders.

The number of people in employment in Scotland continued to rise slightly in the past three months, according to official figures. The Office for National Statistics said more than 2,630,000 people aged 16-64 were

A single person will need an annual income of £10,900 for a minimum standard of living in retirement, academics have estimated. That budget increases to £16,700 for a couple, the calculations for