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Watch: UK business headlines - June 13
Insider Media
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3 months ago
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News
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00:00
Good morning and welcome to the latest Business Bulletin on Friday the 13th of June.
00:04
Luxury Glastonbury glamping firm Yertle racked up over £2 million in customer debts before
00:09
collapsing in May. A new report shows some festival goers paid up to £16,500 for high-end
00:16
packages. The Wiltshire-based company has told customers to seek refunds through third parties.
00:21
Liquidators at Begby's Trainer have confirmed £2.2 million in unsecured claims.
00:27
EDF's taking full control of EV charging firm Podpoint in a £10.6 million deal. The move
00:33
comes after weak EV sales and a falling share price left Podpoint struggling. EDF said the
00:38
takeover was the only way to secure the company's future. Podpoint runs over 250,000 charging points
00:44
across the UK. Octopus Energy has acquired Sheffield-based MOPO, a clean tech firm working
00:51
in sub-Saharan Africa. MOPO rents out solar-charged batteries, offering a greener alternative to
00:57
petrol generators. The pay-per-use model helps bring affordable power to underserved communities.
01:02
Octopus says the deal will accelerate access to clean energy across the region.
01:07
Kemi Badenoch has urged businesses to get on the pitch and oppose harmful policies.
01:12
Speaking at a business conference, she said the Conservatives are still their best bet.
01:17
Her comments came as GDP figures showed the economy shrinking more than expected.
01:22
She also slammed Labour's planned tax rises, including on family farms.
01:27
The number of people looking for jobs is rising at the fastest rate in over four years.
01:32
A report from KPMG and REC says redundancies and fewer vacancies are driving the trend.
01:37
Permanent job placements fell again in May as firms scaled back recruitment.
01:41
The data comes from a survey of 400 recruitment agencies across the UK.
01:47
And meal prep firm FuelHub, used by Man United, Team GB and England Rugby,
01:52
is seeking new investment. Founded by ex-rugby pro James Laithwaite,
01:56
it offers healthy, ready-to-go meals for elite athletes.
01:59
The company's appointed Quartus Advisory to help drive its next phase of B2B growth.
02:03
Backers already include AJ Bell, founder Andy Bell and former director Fergus Lyons.
02:08
That's all for today. More next week.
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