Business

Ryanair in union offer to avoid Christmas strikes

Image copyright Getty Images Ryanair has said it is prepared to recognise pilot unions as it seeks to avoid strike disruption over the Christmas period. Earlier this week, 79 Dublin-based Ryanair pilots said they would strike for one day on 20 December. The airline was also facing action by pilots elsewhere in Europe. Ryanair has […]

Business

Britvic confirms Norwich factory closure

Image caption Britvic co-owns the site with Unilever, which owns Colman’s Mustard Britvic has confirmed it will leave its Norwich site, with the loss of hundreds of jobs in the city, in 2019. The drinks manufacturer, which co-owns Carrow Works with Unilever, said it would transfer production of Robinsons and Fruit Shoot to its other […]

Business

Unilever sells margarine business to KKR for £6bn

Image copyright Newscast Unilever has agreed to sell its margarine and spreads business, which include Flora and ProActiv, to private equity giant KKR for €6.8bn ($8bn; £6bn). The move follows a wide-ranging review of its business which was prompted by a takeover attempt by rival Kraft. Unilever said it would look for a buyer of […]

Business

Airbus chief Tom Enders to leave after power struggle

Image copyright Reuters Image caption Plans to find an successor to Tom Enders are underway, Airbus says European planemaker Airbus has unveiled a shake-up of its top management team. Chief executive Tom Enders will not seek re-election when his term expires in 2019, the company said. Meanwhile, Fabrice Bregier, chief operating officer and head of […]

Business

Japan expands unilateral sanctions against North Korea

Image copyright Getty Images Japan has imposed fresh sanctions against North Korea as it seeks to ramp up pressure on Pyongyang over its nuclear and missile programmes. Chief cabinet secretary Yoshihide Suga said the assets of another 19 entities and individuals would be frozen. More than 210 organisations and people from countries including China and […]

Business

Bank sees boost from Brexit progress

Image copyright Reuters The Bank of England says confidence among households and businesses is likely to be supported by last week’s progress in Brexit talks. Last week the European Union agreed that sufficient progress had been made in Brexit negotiations to allow progress to the next stage and to put in place a transition period […]

Business

The pig farmer taking on Tesco

Image copyright Richard Baugh Pig farming can be a messy business, but some say supermarkets are playing an even dirtier game. Richard Baugh’s family have been raising pigs for three generations at Woodside Farm in rural Nottinghamshire. But Mr Baugh says he’s been forced to change the name of his business after Tesco rebranded its […]

Business

Black Friday lifts UK retail sales in November

Image copyright Getty Images Black Friday helped to propel retail sales 1.6% higher in November from a year earlier, official figures suggest. The Office for National Statistics (ONS) said that retailers had reported a particular uplift in sales of electrical household appliances. ONS statistician Rhian Murphy said underlying growth remained “reasonably strong”. However, analysts said […]