Tag: firms

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Supply chain crisis: retail, food and defence firms predict further damage

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Companies in retail, food and defence have warned of further damage from supply chain problems that have dogged industry during disruption from the coronavirus pandemic and Brexit. Months of shipping delays have cause...

UK air freight bookings soar as firms seek to bypass port backlogs

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UK pre-bookings for air freight services in October have soared 70%, according to one cargo group, as businesses seek a way to circumvent backlogs at ports. Air Charter Service, which enables retailers and other busin...

UK firms reach deal over CO2 supply chain shortages

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Businesses involved in channelling crucial carbon dioxide supplies to the food and drink industry have struck a deal aimed at averting shortages of products such as meat and fizzy drinks until January next year. The g...

Fossil fuel companies paying top law firms millions to ‘dodge responsibility’

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The world’s biggest corporate law firms have been making millions of dollars representing fossil fuel companies but, as the climate crisis intensifies, this work is coming under increasing scrutiny. Over the last five...

UK confident on winter energy supplies; firms hit by higher prices and lack of hauliers – business live

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Rolling coverage of the latest economic and financial news

Top EU official calls for crackdown on shell firms used to avoid tax

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The EU must respond to the revelations in the Pandora papers with a fresh clampdown on the use of shell companies by tax avoiders to ensure the costs of the Covid recovery are fairly shared, the bloc’s commissioner fo...

Channel 4 privatisation could put us out of business, say TV production firms

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More than 40 small TV and film production companies behind shows such as Derry Girls and Say Yes to the Dress have come together to warn that the government’s proposed privatisation of Channel 4 could put them out of ...

Jermaine Jenas calls for laws to make social media firms tackle racism

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Jermaine Jenas, the former England footballer turned TV presenter, has urged the government to sanction social media companies that fail to stamp out racism and abuse on their platforms. For months Jenas has been moni...

Canada: win for anti-logging protesters as judge denies firm’s injunction bid

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A provincial court in Canada has refused to extend an injunction against protesters demonstrating against old-growth logging, ruling that police conduct has been so troubling that to extend the order would place the c...

Social media firms serve as gateway for scammers, says finance watchdog

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Social media sites such as Facebook and Instagram serve as a “gateway” for fraudsters, the City watchdog has warned, as it demanded they take tougher action on financial scams. While the Financial Conduct Authority pr...

Scam ‘epidemic’: Big tech firms must join fight, says Nationwide chief

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Technology, telecoms and social media companies should take more responsibility for stopping scams as the problem reaches “epidemic proportions”, the UK’s biggest building society has warned. Cases of authorised push-...

‘A dark legacy’: unions voice fears over global logistic firm’s spinoff

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The pandemic has been a boon to XPO Logistics, the transport giant that delivers the goods for a global companies including retailers from Asos and Walmart. It reported record revenues of $5bn (£3.6bn) last quarter as...

Gas firms may face windfall tax as energy crisis hits households

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Another 800,000 households fell victim to the energy crisis on Wednesday with the collapse of two more suppliers, as ministers admitted they were considering a windfall tax on companies profiting from record gas price...

UK energy firms could get state-backed loans to take on customers

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Energy companies willing to rescue the customers of rival suppliers that go bust amid the gas and electricity market crisis could get state-backed loans in a scheme under government consideration. The Guardian underst...

Competition watchdog gives firms deadline on ending ‘greenwashing’

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The UK competition watchdog has given companies that make misleading claims about their environmental credentials until the end of the year to stop the practice, which is known as “greenwashing”. Too many businesses w...

Firms urged to protect workers from abuse in ‘wild west’ UK gig economy

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Gig economy firms are facing calls to better protect their workers, as an MP and a trade union warn of a wave of harassment and physical and emotional abuse facing couriers and taxi drivers. The Independent Workers’ U...

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