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Sky News
Oil prices climb as Middle East conflict escalates
The price of oil has hit a six-week high amid fears over the escalating conflict in the Middle East.The market value of the benchmark Brent crude increased to almost $80 (£61) a barrel on Monday, following last week’s gains of 9.1%. Israel’s actions against Hamas in Gaza, Hezbollah in Lebanon, the Houthis in Yemen and …
Business
Business Live
North East Business Awards 2024: winners reveal pride after scooping prizes
Business leaders have described their pride after scooping prizes at the North East Business Awards 2024. More than 300 people gathered at Hardwick Hall for the highlight of the business community’s social calendar, where 10 awards were handed out to recognise the brilliant companies and individuals in our region. Robotics firm Wootzano took the top …
Business
Evening Standard
Applied Nutrition set to float in October
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Sports health brand Applied Nutrition has confirmed it aims to float on the London Stock Exchange later this month in a move …
Business
Sky News
Former Tesco chief takes stake in ‘Spotify for textbooks’ platform Perlego
An education technology company dubbed the “Spotify for textbooks” will this week announce a $20m fundraising led by Sir Terry Leahy, the former Tesco boss.Sky News has learnt that Perlego, a subscription-based digital library providing unlimited access to academic titles, will unveil its latest capital injection on Tuesday. New funding is also being committed to …
Business
Evening Standard
Grainger sees rents rise and forecasts more growth over year ahead
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Residential landlord Grainger has reported a jump in rents and predicted further growth over the year ahead as demand shows no sign …
Business
Sky News
Very Group owners pick banks to spearhead £2.5bn sale
The family which relinquished control of The Daily Telegraph last year is to hire a trio of banks to oversee a review of ownership options for Very Group, their online shopping empire.Sky News has learnt that the board of Very Group – now chaired by Nadhim Zahawi, the former chancellor – is lining up Barclays, …
Business
Sky News
US Air Force reservist raises $5M for UK quantum start-up TreQ
A US Air Force Reserve brigadier-general will this week unveil a $5m funding boost for her British-based quantum computing start-up.Sky News understands that Mandy Birch, who is also an adviser to the UK’s National Quantum Computing Centre, has secured the capital for TreQ, a manufacturing company focused on building and operating open-architecture quantum computers. Based …
Business
Evening Standard
Shell’s refining margins tumble amid faltering demand
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Shell has revealed a steep fall in quarterly profit margins in its oil refining business amid a slowdown in demand globally.The energy …
Business
Evening Standard
Sunday nights attracting more diners amid work-from-home shift, pizzeria says
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.More people are shaking off back-to-work blues and dining out on a Sunday evening, while Fridays have become “tougher” for hospitality firms …
Business
Evening Standard
Sainsbury’s to hire 20,000 staff for Christmas season
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Sainsbury’s will be hiring 20,000 more shop workers, warehouse staff and drivers for the Christmas period as the retailer prepares for festive …
Business
Sky News
TGI Fridays close to rescue deal with Breal and Calveton
A rescue deal for the British operations of TGI Fridays which will salvage more than 2,000 jobs is on the verge of being finalised this weekend.Sky News has learnt that Breal Capital and Calveton, which jointly own the upmarket restaurants business D&D London, could agree a deal to acquire the majority of TGI Fridays as …
Business
Sky News
TGI Fridays close to rescue deal
A rescue deal for the British operations of TGI Fridays which will salvage more than 2,000 jobs is on the verge of being finalised this weekend.Sky News has learnt that Breal Capital and Calveton, which jointly own the upmarket restaurants business D&D London, could agree a deal to acquire the majority of TGI Fridays as …

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