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04.11.2021 - 10:34
Business
Business Live
Plans for 187 Wiltshire homes near Trowbridge being finalised
Plans for 187 new homes on the edge of Trowbridge in Wiltshire have been approved, subject to local community contributions from housebuilder Barratt Homes being finalised. Wiltshire Council’s planning committee has backed the proposed development on a 16-acre site in the village of Hilperton, around 1.3 miles northwest of Trowbridge town centre. The scheme would …
04.11.2021 - 10:27
Business
Business Live
UK offshore wind industry’s blueprint for success launched at COP26 to aid international deployment
The UK’s offshore wind industry has produced “a blueprint for other countries” as success of the green energy adoption and acceleration is documented in a new report. Building on the progress made to and since the sector deal was achieved in 2019, and celebrated with then-Prime Minister Theresa May visiting Orsted’s East Coast Hub in …
04.11.2021 - 10:15
Business
Evening Standard
Wizz Air to offer discount tickets this winter as budget airline pursues growth
Wizz Air is to slash ticket prices in a bid to fill planes over winter as it looks to grow market share. The London-listed budget airline announced the move as it reported turning a profit for the first time since 2019. Wizz Air reported an operating profit of €57 million in the three months to …
04.11.2021 - 10:14
Business
Business Weekly
$17m raise helps CLM fulfil potential first spotted by Cambridge Angels
Cambridge life science pioneer Closed Loop Medicine has raised $17 million in an oversubscribed funding round. Chairman Andy Richards has praised the foresight of Cambridge Angels, which first recognised the potential of the business ahead of the pack. The new investment comes from a range of leading UK and European venture capital backers. It will finance …
04.11.2021 - 10:11
Business
Evening Standard
Franco Manca to launch in Greece as owner Fulham Shore expands
Franco Manca is to launch in Greece as the pizza chain’s owner Fulham Shore pursues further expansion.A local Greek franchisee, backed by Fulham Shore directors, plans to open at least six restaurants in the next three years. The first will open in the suburbs of Athens. Fulham Shore, which also owns The Real Greek, will …
04.11.2021 - 10:06
Business
Sky News
Goals to score with £200m sale two years after stock market red card
The owner of Goals Soccer Centres is looking to cash in on its investment two years after the operator of 5-a-side football pitches was forced to delist from the London stock market amid an apparent fraud.Sky News has learnt that Inflexion Private Equity has hired advisers from Clearwater International to launch an auction of the …
04.11.2021 - 10:04
Business
Sky News
Bank of England resists pressure to raise interest rates as inflation spike looms
The Bank of England has surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month.However, the Bank used its quarterly Monetary Policy Report to signal that it was likely to increase borrowing costs in the “coming months”. The decision pushed the pound lower by more than a cent …
04.11.2021 - 10:04
Business
Sky News
Pound plunges as Bank of England resists pressure to raise interest rates
The Bank of England has surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month.However, the Bank used its quarterly Monetary Policy Report to signal that it was likely to increase borrowing costs in the “coming months”. The decision pushed the pound lower by two cents against the …
04.11.2021 - 09:45
Business
Business Live
Movers and shakers: A bumper round-up of appointments from across Staffordshire
Mortgage expert My Simple Mortgage has expanded its service offering with the recruitment of experienced financial services manager Tony Currie. The Basford business has added a protection department to its portfolio after recruiting Tony to its now 11-strong team in a new business development manager role. Tony, who lives in Nantwich, has been working in …
04.11.2021 - 09:32
Business
Business Live
COP26: Bristol needs £9bn to become net zero and businesses
Businesses in the West will benefit from the investment and business opportunities associated with achieving the net-zero targets being discussed at COP26 in Glasgow this week. Working with the other major cities in the UK we have formed the UK Climate Change Investment Commission to quantify and promote investment in UK city decarbonisation. Yesterday I …
04.11.2021 - 09:25
Business
Business Live
Fast fashion giant Boohoo ‘close to agreeing’ settlement in US class action
Fast fashion giant Boohoo has announced it is close to agreeing a settlement regarding a class action about misleading customers on pricing. The Manchester-headquartered listed group has responded after a case filed in California alleged that Boohoo had offered large discounts to US customers based on inflated original prices. The case file also alleged Boohoo …
04.11.2021 - 09:21
Business
Evening Standard
BT leads Britain’s ultra-fast internet drive and brings back dividend
BT said today it is powering through the laying of ultra-fast wi-fi cables hitting six million premises in total after a record six months.That leaves it on track to have a full-fibre network spanning 25 million premises by 2026, something chief executive Philip Jansen insists will be a result for shareholders and for the nation.It …
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