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Sky News
Airlines’ fury as Heathrow passengers could see ‘unacceptable’ airport charges rise of 50% next year
Passengers using Heathrow next year could see airport charges rise by more than 50% next year, under price cap proposals released by the aviation regulator that have infuriated airlines.The Civil Aviation Authority (CAA) said on Tuesday that the UK’s largest airport – which has suffered a dramatic decline in revenue throughout the COVID-19 pandemic – …
Business
Sky News
Walmart-backed robotics group Symbotic in $4.5bn SoftBank SPAC merger
A robotics and automation company backed by Walmart, the world’s biggest store-based retailer, is in talks to merge with a “blank cheque” company set up by the Japanese technology giant SoftBank.Sky News has learnt that Symbotic, which is run by founder Rick Cohen, is in discussions with SVF Investment Corp 3, a New York-listed special …
Business
Sky News
Households will be able to apply for £5,000 grant to replace gas boilers as new scheme unveiled
Households will be able to apply for a £5,000 grant to swap their gas boiler for a low-carbon heat pump, as part of government plans to cut emissions.The government announced that the £450m Boiler Upgrade Scheme, which is part of the more than £3.9bn funding to cut carbon from heating and buildings, will be used …
Business
Euro News
Apple is expected to unveil new MacBook Pros with its more powerful ‘Apple Silicon’ chips
Business
Euro News
European carmakers shift up a gear on electric vehicles in the race to become the next Tesla
Business
Sky News
Interest rate drumbeat grows louder as BoE governor warns it may ‘have to act’ over inflation
The drumbeat towards an interest rate rise from the Bank of England is growing ever louder.Speaking on Sunday, the Bank’s governor, Andrew Bailey, gave his strongest hint yet that Bank rate is set to rise from 0.1%, where it has sat since March last year. During an online panel discussion organised by the Group of …
Business
Evening Standard
Move quick to get best mortgage deals before interest rates rise
Home owners looking to re-mortgage should get their skates on. That’s the message from mortgage brokers surveying the latest signs of market movement, and the latest remarks from Bank of England governor Andrew Bailey.What did Bailey say?“The energy storm,” warned Bailey, means high inflation “will last longer”.He added, in words more explicit than Bank governor’s …
Business
Sky News
M&S and Boots launch plans to hire 17,000 temp jobs – as Amazon offers £3,000 signing-on bonuses
M&S and Boots have become the latest high street giants to launch Christmas recruitment drives – as online rival Amazon offers signing-on bonuses of up to £3,000 to lure workers.Tens of thousands of seasonal jobs at major brands are now on offer over the festive season. But recent figures suggest some employers have been struggling …
Business
Business Live
Boss of Confused.com named as new chair of FinTech Wales
The membership body championing Wales’ fintech and financial services sectors has appointed chief executive of Confused.com, Louise O’ Shea, as its new chair. At its AGM new directors to the board were also appointed in Ben Joakim, head of strategy at Principality Building Society and Eamon Tuhami, founder and chief executive of X8IQ. New panel …
Business
Business Live
Verisure adds 100 jobs to Tyneside base on route to creating 1,000-strong workforce
A European company has added 100 staff at its Tyneside base, putting it well on track to creating 1,000 North East jobs within a decade of setting up in the region. Alarm company Verisure expanded with the opening of a Centre of Excellence at the Quorum business park in North Tyneside in April 2020, just …
Business
Business Live
Huge industrial site sold for £7.2m as property investor enters North West market
A huge industrial site in Greater Manchester has been sold for £7.2m to a property investor which owns business parks, shopping centres and large commercial buildings across the Midlands. The self-contained manufacturing and warehouse facility known as No 2 Works, on the Kenwood Road Industrial Estate in Reddish, measures more than 160,000 sq ft. Birmingham-based …
Business
Sky News
Global shipping disruption could last ‘another 18 months’, UK boss warns
A global shipping services firm has told Sky News it could be another “18 months” before the industry weathers the sea of challenges causing massive disruption to the supply chain.James Gundy, the chief executive of Braemar Shipping Services, warned that container bottlenecks around the world were only part of the problem and only going to …

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