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Sky News
Bank of England rate hike supporter backtracks as Omicron threatens COVID fightback
A member of the Bank of England committee which sets interest rates has backtracked on his support for a hike, saying he wants to see data on how the new Omicron COVID variant affects the UK’s economic recovery first.Michael Saunders warned that a delay in raising rates could result in a more painful tightening being …
Business
Business Live
ADVERTORIAL: Meet one of the ‘pioneers’ helping South West Water reach Net Zero
A dedicated group of ‘Net Zero Pioneers’ is helping the region’s water supplier with a ground-breaking plan to be Net Zero by 2030. With the end of COP26, the issue of climate change has never been more in focus. Countries only have a limited time to act to stave off the worst effects of climate …
Business
Business Live
Ex-apprentice named as new boss at Exeter Airport
A man who started his career as an engineering apprentice has been named as the new boss of Exeter Airport and will look to oversee its recovery after the Covid lockdowns pitched it into a £3.3m loss. Stephen Wiltshire has been appointed managing director of the Devon aerodrome a year after previous MD Matt Roach …
Business
Business Live
Invest NI starts hunt for new leader as Kevin Holland steps down
Invest Northern Ireland is on the hunt for a new chief executive after current boss Kevin Holland announced his intention to stand down. Mr Holland, who has been in the post since 2019, said he has decided to “pass on the leadership role and to focus on a new area”. His time at the organisation …
Business
Evening Standard
TSB’s Debbie Crosbie becomes CEO at Nationwide Building Society
DEBBIE Crosbie today landed the top job at Nationwide Building Society, becoming responsible for the stewardship of one of the most important financial institutions in Britain.As the biggest mutual, owned by its members, Nationwide exists as a permanent counter balance to the banks.It says, with some evidence, that because it does not have shareholders it …
Business
Sky News
‘Keep calm and carry on’: Continue eating out and going to pub this Christmas, minister says
Britons have been urged to “keep calm and carry on with your Christmas plans” despite fears over the Omicron variant of COVID-19.Conservative Party chairman Oliver Dowden told Sky News that people should continue to go to the pub and dine at restaurants during the festive season, as he said the government had taken “sufficient” action …
Business
Sky News
Number 10 confirms Christmas parties will be held across Whitehall as minister insists ‘keep calm and carry on’
Downing Street have confirmed “in-person events” such as parties will be held in the lead up to the festive period as a Cabinet minister urged Britons to “keep calm and carry on with your Christmas plans”.A Number 10 spokesperson told Sky News celebrations will be held across Whitehall in the run up to Christmas despite …
Business
Sky News
The six most in-demand jobs revealed as vacancies ‘hit record 3.5m high’
The number of job vacancies in the UK has hit a new record 3.5 million ahead of the Christmas peak according to a closely-watched report – double the number seen in the summer.The Recruitment and Employment Confederation (REC) said there was a particular rise in demand last week for prison officers, scaffolders, dentists and vets …
Business
Sky News
Stranded travellers face spending Christmas in quarantine hotels
British travellers in South Africa face the prospect of spending Christmas in quarantine hotels as there are not enough rooms to accommodate the number of people currently trying to return.Many also face costs amounting to thousands of pounds as they are forced to re-book flights and extend their stays around the limited room availability. One …
Business
Sky News
Are you richer than before the pandemic? It probably helped if you were well-off already
Did your household emerge from 2020 better or worse off?If your answer was unfortunately the latter then you are probably in the minority. For, while millions of people were put on furlough last year when the pandemic struck and some were unlucky enough to lose their jobs altogether, overall household wealth grew during the year. …
Business
Evening Standard
Abrdn lands £1.5 billion Interactive deal as market for small investor hots up
Abrdn has just secured a £1.49 billion takeover of interactive investor, a deal that will gives the giant fund manager better access to the small stock picking market.The deal is a further sign of how intense competition is to lure small investors, those either playing the market for the first time, or looking to manage …
Business
Sky News
Levelling Up: Has COVID-19 changed the maths of where funding should go?
In the second article in our series about levelling up we explain how the pandemic has materially affected which parts of the UK are in greatest need of financial support.Many urban areas have been badly affected by the economic hit from COVID-19, but not received money from the government’s new Levelling Up Fund, according to …

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