business

Marks & Spencer to stop displaying knickers and bras on hangers

Marks & Spencer is to stop displaying knickers and bras on hangers to cut down on plastic waste. The supermarket said it is exploring methods to cut the number that end up in landfill sites every year. Other plans include displaying items on tables in stores to reduce the number of hangers needed. The change …

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OutOut music festival canceled due to financial issues

Published: 7:53 PM August 2, 2022 Updated: 7:28 AM August 3, 2022 A Norwich music festival which promised to bring “the most outrageous club nights” to a city park has been canceled due to financial concerns. OutOut Festival has planned to host a line-up of DJs and dance music acts in Norwich’s Earlham Park since …

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Tesco, Asda, Morrisons and Sainsbury’s are failing to reduce petrol prices in line with falling wholesale costs, RAC says | UKNews

The “big four” supermarkets and several other retailers are failing to reduce petrol prices in line with falling wholesale costs, the RAC has warned. The roadside recovery firm said the wholesale cost of petrol has fallen by 20p since early June. However, UK retailers continued to increase their prices in June and only dropped their …

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Morrisons launches line of ‘carbon neutral eggs’ from hens fed on insects reared on company’s own food waste | UKNews

Morrisons has launched a line of “carbon neutral eggs” from hens fed on insects reared on the company’s own food waste. The supermarket chain said it is the first to launch such a line of eggs, which are the first product to be sold as part of the company’s drive to be directly supplied by …

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Notcutts snaps up garden center as it goes for growth

Published: 1:31 PM August 2, 2022 Updated: 2:43 PM August 2, 2022 A Suffolk-based garden center chain has snapped up a site in Cambridgeshire. Family-owned Notcutts is celebrating the completion of its acquisition of Frosts’ Brampton garden center near Huntingdon. The Woodbridge group now runs 19 garden centers across the UK – as well as …

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Greggs stores set to open later in the evening and shake up menu following sales boost

Laura Shinton trying a vegan steak bake at Greggs, in Dudley Street, Wolverhampton Bryony Morganna and Kate Ovens at the opening of the new flagship Greggs shop on Leicester Square, London The bakery chain, which has scores of branches across the West Midlands, said its sales jumped in the first half of the year as …

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Uber reports positive cash flow for first time

Uber has recorded its first ever cash flow-positive quarter, after burning through $25bn since its founding 13 years ago in its rush towards rapid global expansion. The lossmaking Silicon Valley group, which has relied on heavily subsidised rides to upend the taxi industry worldwide, said it generated free cash flow of $382mn in the three …

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Select buys world’s biggest battery drilling rig

The Liebherr LB 30 drilling rig produces zero emissions while also boasting the same performance as its diesel-powered counterparts, whether it is unplugged or plugged in. The LB 30 battery has been designed for a working time of four hours. Electric drilling and piling rig Unplugged LB30 at Select’s depot in Grimsby. The rig is …

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Electric Jaguars will be tested to prevent them disrupting household appliances

Jaguar Land Rover has opened a new testing center to ensure its latest breed of power-hungry electric cars don’t disrupt TV screens and smartphones. The new facility in Warwickshire will make sure electronic items are shielded from its cars and vice versa, a growing challenge as battery-powered vehicles connect to more and more data. The …

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New type of pension scheme launches in Britain

A new type of pension scheme has opened for applications in Britain. Collective defined contribution (CDC) pension schemes offer a “middle ground” option between existing schemes. With defined benefit (DB) schemes, such as final salary schemes, employees are promised a guaranteed income, and with defined contribution (DC) schemes, which are more common nowadays, the saver …

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