LATEST BUSINESS NEWS

Coronavirus – Wed Dec 8, 2021

FTSE sheds points after PM announces new restrictions

New HS2 train

HS2 signs £2bn deal for UK’s fastest trains

A Made.com sofa

Made.com sales hit by up to £45m after factory closures and shipping delays

DS Smith warehouse

Packaging boss reveals 10% hike in costs for boxes due to inflation pressure

Lumo electric rail service

FirstGroup sticks to guidance despite recent slowdown

Dr Martens store

Dr Martens hails profit jump but US unit impacted by shipping delays

A tropical beach

On the Beach: Spread of Omicron has impacted demand for holiday bookings

Rolls-Royce engine

Rolls-Royce nears end of jobs cull

Amazon and unions clash over safety

Amazon fined £960 million by Italy’s competition authority

A bartender wearing a face mask outside a Cardiff bar

Pub bosses call for new tax cuts and furlough over Plan B restrictions

Parcels

Parcel firms face new rules to improve customer service

A Sports Direct shop

Frasers forecasts full-year profit leap despite supply chain and pandemic woes

A Southeastern train

Go-Ahead admits to ‘serious errors’ over running of Southeastern trains

Model houses on coins

64% of parents whose adult children own a home ‘contributed towards deposit’

Ofgem

Ofgem ‘failed to act for almost a decade’ before energy crisis – Citizens Advice

Christmas presents under a tree

Clicking a link in a fake delivery text ‘may lead to life savings being stolen’

A Merry Christmas sign

Nearly one in four people who celebrate Christmas ‘will struggle to afford it’

Bank note in piggy bank

More than 200 firms named for breaching minimum wage rules