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Sky News
Travel firms update rebooking and refund policies after restrictions tightened
EasyJet and TUI have updated their policies on rebooking flights and holidays after travel rules were changed to prevent the spread of the Omicron COVID variant.From 4am on Tuesday all arrivals into the UK will have to take a costly PCR test on day two – with the cheaper lateral flow tests no longer valid …
Business
Euro News
Twitter’s Jack Dorsey steps down as CEO after 16 years at the social media giant
Business
Sky News
‘Time for me to leave’: Twitter CEO Jack Dorsey resigns
Jack Dorsey has confirmed that he will be resigning as Twitter’s chief executive after a share price spike followed reports of the move.Posting on the platform he said that it was “finally time for me to leave”, explaining in a statement from Twitter itself that it was “because I believe the company is ready to …
Business
Evening Standard
Markets on alert over new Covid variant omicron but oil and shares rally
OIL prices and stock markets recovered somewhat today after a heavy plunge on Friday, but the mood remains anxious as investors seek more information about the Omicron Covid-19 variant.In the face of the new pandemic threat, there is now serious doubt that the Bank of England will feel able to increase interest rates in December …
Business
Sky News
Bleak Black Friday for high street? Bargain-hunters went elsewhere, data shows
The high street suffered its first decline in visitors for a Black Friday on record, according to industry data that suggested spending may have held up more widely.Springboard, which measures so-called footfall across retail destinations for the industry, reported a 2% rise in the number of visits to shopping areas overall in the week leading …
Business
Euro News
Crypto sharing name with Omicron variant outperformed Bitcoin soaring 900%. Can we trust it?
Business
Euro News
Crypto sharing name with Omicron variant soared 900%, outperforming Bitcoin. Is it here to stay?
Business
Evening Standard
Newly rebranded Molten Ventures hits hot streak on backing Covid winners
Recently rebranded London-listed venture capital firm Molten Ventures, formerly Draper Esprit, has seen its investments in fast-growing pandemic winners such as online car retailer Cazoo and fintech Revolut pay off. The firm, which has a market cap of around £1.3 billion and a portfolio of over 17 companies spanning climate tech to cloud computing, saw …
Business
Sky News
Demand for credit surges amid rising costs while mortgage approvals slip back
Credit card borrowing surged last month as households faced up to rising costs across the economy while mortgage approvals fell sharply to levels not seen since before government aid for the housing market was introduced.Bank of England data showed consumers borrowed a net additional £706m during October – a sum dominated by £637m in new …
Business
Business Weekly
Marshall of Cambridge selling motor group shares for £201.6m
Marshall of Cambridge has agreed to sell its 64.4 per cent stake in Marshall Motor Holdings for £201.6 million. It is selling to Constellation Automotive Group for 400p per share in cash for the entire issued and to be issued share capital of MMH.  A Marshall of Cambridge (MCH) spokesperson said: “This was not an …
Business
Evening Standard
Wetherspoons signs 20-year on-tap deal with Budweiser in shift away from Heineken
JD Wetherspoon has signed a new 20-year supply deal with AB InBev‘s Budweiser, marking the end of a four decade-long arrangement between the pubco and brewing giant Heineken. The deal will see Budweiser become the Wetherspoons‘ largest supplier from December 15. (The pubco also recently agreed new deals with BrewDog, Carlsberg Marrston’s and Molson Coors).Budweiser, …
Business
Business Live
Bristol city centre office building sold off in £20m deal
A major office building in Bristol city centre is to be sold off in a multimillion-pound deal, its owner has announced. Posting its interim results for the six months to September 30, regional office investment firm Circle Property confirmed plans to “dispose” of One Castlepark by the end of 2021. The Jersey-headquartered company is selling …

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