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05.11.2021 - 09:18
Business
Business Live
SPONSORED: Get your tickets for the 2021 Greater Birmingham Apprenticeship Awards
The 2021 Greater Birmingham Apprenticeship Awards are approaching, and tickets are available now. The awards – run in partnership with the Ladder For Greater Birmingham campaign and with Sandwell College as headline sponsor – will be held on November 11 at Edgbaston Stadium. For more information, or to get tickets, visit the official website – …
05.11.2021 - 09:15
Business
Evening Standard
Co-op Bank boss: still on the hunt for merger deals
Co-op Bank today signalled it is still on the hunt for merger deals, a week after it was snubbed by the Spanish owners of TSB.Chief executive Nick Slape concedes the bank needs scale to compete with the high street giants and the new breed of fintech bank apps.“We have an organic plan that works,” he …
05.11.2021 - 09:00
Business
Business Live
YMCA Plymouth calls on businesses to Pledge to Paint 1970s building
More than 20 businesses have already pledged to help spruce up Plymouth’s YMCA building – but even more are needed. The charity, thought to be the oldest in Plymouth, is calling for assistance from the business community during its Pledge to Paint weekend in April 2022. The centre, in Honicknowle, is undergoing a £1m renovation, …
05.11.2021 - 08:49
Business
Business Live
Mascott Construction to begin refit of Belfast’s iconic Custom House
Work is to begin this month to refurbish and fit-out Custom House, one of Belfast’s most iconic listed buildings. It will be transformed into grade A office accommodation by Mascott Construction, with work set to be completed by June 2022. Custom House was acquired last year by Straidorn Properties, the property investment arm of local …
05.11.2021 - 08:32
Business
Sky News
Peloton loses $8bn in value as it back-pedals on growth expectations
Peloton Interactive, the maker of connected fitness equipment including exercise bikes, has endured a bloodbath for its shares after a cut to its growth forecasts as gyms reopen following pandemic disruption.The company, which won big as COVID lockdowns forced fitness fanatics to stay home, slashed its full-year sales expectations by up to $1bn (£743m) on …
05.11.2021 - 06:54
Business
Sky News
BA’s owner eyes transatlantic-driven recovery after peak summer season loss
The owner of British Airways has placed its hopes for a return to profitability on strong demand for transatlantic travel after posting a loss for its key summer season.International Airlines Group (IAG) said the gradual lifting of COVID-19 travel restrictions in key markets – culminating in the full reopening of the US travel corridor due …
04.11.2021 - 21:51
Business
Sky News
‘Saviour of steel’ Gupta criticised over ‘high risk’ funding practices in MPs’ report
Liberty Steel boss Sanjeev Gupta has been criticised in a report by MPs looking into the crisis that engulfed the company, as well as the future of the wider steel sector.It claimed that the use by Mr Gupta – once known as the “saviour of steel” – of “high risk financial funding practices” was undermining …
04.11.2021 - 21:00
Business
Business Weekly
Autumn ’21 Budget: A mixed picture for employers
As widely expected, last month’s Budget offered a combination of tax rises and relatively modest real terms increases in public spending, focused in part on delivering the Government’s levelling up agenda for the UK’s regions, writes David Mills, Partner at Mills & Reeve LLP. The two most significant employment-based tax rises were announced well in …
04.11.2021 - 17:29
Business
Evening Standard
Derwent starts to build net-zero carbon office
Property developer Derwent London today said it has put spades in the ground to start a £400 million net-zero carbon office project in the West End, encouraged by improving market sentiment.The FTSE 250 developer and landlord started construction on its Baker Street scheme on October 21.It will be made using low-carbon concrete, and the building …
04.11.2021 - 14:41
Business
Sky News
Shares climb as BT dials up return of dividend after tough 18 months for investors
It has been a gloomy 18 months for shareholders of BT – in particular more than 800,000 individual investors, who depend on dividends from the company to supplement their income.The telecoms giant axed its pay-out in May last year in order to free up cash to spend on full-fibre roll-out and to meet the cost …
04.11.2021 - 14:27
Business
Evening Standard
US video game maker Devolver Digital’s AIM float receives warm welcome
Video game group Devolver Digital received a warm welcome as it floated on London‘s junior AIM market this morning. The US-based company, whose games include Shadow Warrior 3 and Hotline Miami, owns two UKstudios and publisher Good Shepherd. It listed at 157p per share with an estimated market cap of £694.3 million. By 9am shares …
04.11.2021 - 12:17
Business
Sky News
Bank policymakers steal trick from journalistic playbook as tricky COVID recovery plays out
There is slightly weaselly journalistic trick people like me occasionally deploy when we know something is coming soon, but we have no idea quite how soon.It is to use phrases like “the coming months”. If that thing we think will soon happen takes place next month then lo and behold we suddenly look remarkably prescient. …
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