Ovo Energy tells staff it will cut a quarter of its workforce
Craig TaylorThe country’s third largest energy provider is making cuts related its acquisition of SSE in 2019. BBC News – Business
Business
British Gas owner warns energy crisis to last two years
The boss of Centrica says there is “no reason” to expect gas prices to come down anytime soon. BBC News – Business
Ikea cuts sick pay for unvaccinated staff forced to self-isolate
The retail giant joins a growing list of firms changing their rules as staff absences and costs begin to bite. BBC News – Business
People rush to book holidays after Covid travel rules relaxed
The boss of Jet2 says demand has returned to around the same level seen before the Covid pandemic. BBC News – Business
Sainsbury’s raises pay to £10 an hour
The supermarket announced on Friday that it will invest £100m in employees’ payments and rewards. BBC News – Business
Next warns of higher prices as costs rise
The retailer says recent sales rose 20%, but wage, shipping and manufacturing costs are all rising. BBC News – Business