Category: Global Business

Nearly 500 jobs are to be created in one of Britain’s biggest boom industries, offshore wind engineering.

Two new facilities are to be built on the Humber, the fulcrum of the country’s wind power construction industry, as the sector gears up to deliver government pledges to treble the amount of installed capacity over the next decade

Siemens Gamesa, the German-Spanish wind turbine engineering group, is more than doubling the size of its turbine blade manufacturing plant in Hull incorporating the next generation of wind technology.

GRI Renewable Industries, a Spanish firm, has committed to building a wind turbine tower manufacturing facility at the redeveloped brownfield Able Marine Energy Park down river on the south bank of the Humber.

The Siemens Gamesa expansion will cost £186 million and expand the directly employed workforce by 200 to 1200. The GRI plant is being constructed at a cost of £78 million and will … Read more

The company was forced to use more bags than usual as customers dined in their homes rather than on-site amid the pandemic.

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CNN has fired three employees who violated company policy by coming to work unvaccinated against Covid-19.

Jeff Zucker, the media company’s president, told staff members of the firing in a memo sent Thursday that reminded them that vaccines were mandatory if they report to the office or out in the field where they come into contact with other employees.

“Let me be clear – we have a zero tolerance policy on this,” wrote Zucker, chairman of news and sports for WarnerMedia.

The memo was obtained by the Associated Press after its contents were first tweeted by CNN media reporter Oliver Darcy. CNN offered no details on the firings, or where the employees were based.

Most of CNN’s offices are already open on a voluntary basis, and Zucker said more than a third of news staff members have returned. Proof of vaccination has been left to the honor system, he said, … Read more

Five natural resources will allow small towns to become great business hubs.

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London will bear the brunt of an £11bn drop in revenue from overseas tourists resulting from the government’s continued tough restrictions on travel to England, according to research.

The Centre for Economic & Business Research (CEBR) study said the capital would suffer a loss of almost £7bn compared with levels of spending in the six-month period leading up to the pandemic, unless there was a marked pick up in the rest of the year.

The consultancy firm said London was being doubly hit because it was by far the most popular destination for international visitors, but was not getting the benefits of UK citizens taking their holidays at home this year.

According to the CEBR study, rules for travellers arriving in the UK were complex and tough, even after the relaxation in quarantine requirements for vaccinated travellers announced on Wednesday.

“Compared to many neighbouring countries which have taken a much … Read more