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26.10.2021 - 09:37
Business
Business Live
Manchester Apartments reports highest level of rental enquiries in its history
A Manchester residential agent has reported the highest level of rental enquiries in its history. City centre-based Manchester Apartments said it received over 21,000 direct queries into its Oxford Road office during July, August and September – with over 10,000 in September alone. The firm said the “huge number of enquiries” is a welcome statistic …
26.10.2021 - 06:30
Business
Sky News
Heathrow ‘on the cusp of a recovery’ with first full quarter of passenger growth since 2019
Heathrow “on the cusp of a recovery” its chief executive has said after the airport posted its first full quarter of passenger growth since 2019.Britain’s busiest airport benefitted from strong pent-up demand for travel as pandemic-related restrictions continue to ease around the world. Passenger numbers in the third financial quarter recovered to 28% and cargo …
26.10.2021 - 05:17
Business
Sky News
Facebook reveals profit of $9bn amid challenges from privacy rules and whistleblower claims
Facebook has revealed a profit of $9bn (£6.5bn) in the three months to September, up from $7.8bn (£5.6bn) last year and higher than expected.The company’s total revenue, which primarily consists of ad sales, rose to $29.01bn (£21bn) in the third quarter from $21.47bn (£15.6bn) at the same time last year, missing analysts’ estimates of $29.57bn …
25.10.2021 - 23:01
Business
Evening Standard
COP26: London losing to Europe on green finance says New Financial
LONDON is losing out to Europe in the race to dominate the “green” finance industry, says an influential think tank in a report it says is a “reality check”.Ahead of COP26, the environmental summit that kicks off next week, New Financial says the City is falling behind rivals despite all the talk of “ESG” among …
25.10.2021 - 16:49
Business
Evening Standard
Supper: London’s Michelin-star meal delivery app raises £2.4m to fuel expansion
An upmarket food delivery app couriering Michelin-starred dishes to Londoners‘ doors has raised £2.4 million from investors to fuel expansion in the high-end delivery space. Supper, whose riders are all employed and deliver meals on specially-kitted “gyroscopically stabilised” bikes with temperature-controlled boxes, was launched back in 2015 by former bond trader Peter Georgiou.The 49-year-old City …
25.10.2021 - 15:13
Business
Business Weekly
Bango blueprint signposts hundreds of millions in new revenues
Mobile commerce company Bango, which handles carrier billing for some of the world’s top technology enterprises, is becoming a global megastar in its own right. The Cambridge business underlined its credentials at a strategy day that sent its share price skywards and lit the touchpaper to a period of unprecedented growth. CEO Paul Larbey revealed: …
25.10.2021 - 14:09
Business
Sky News
‘Dangerous’ Facebook groups push people to ‘extreme interests’ – whistleblower
Facebook groups can be “dangerous” because they use algorithms that “take people who have mainstream interests and push them to extreme interests”, a whistleblower has told MPs.Frances Haugen said groups on the site can become “echo chambers” that reinforce and radicalise people’s opinions. She said, for example, that users with left-wing opinions can be pushed to the radical …
25.10.2021 - 11:44
Business
Evening Standard
Bank deals in the offing as TSB turns down the Co-op
CO-OP Bank today confirmed weekend reports that it put in a bid for rival TSB, opening up the prospect of other deals in the sector.While that offer, to TSB’s Spanish owner Sabadell was rejected, others now seem possible.With the big banks again making big profits, but cutting branches, reasons for the second-tier lenders to unite …
25.10.2021 - 11:39
Business
Sky News
Lowest paid workers to get boost as minimum wage and living wage set to rise in budget
The chancellor is set to increase the national living wage to £9.50 in Wednesday’s budget, Sky News has been told.It will rise from the current living wage of £8.91 per hour for those aged 23 and over, which the government says will give full-time workers an extra £1,000 a year. The national living wage is …
25.10.2021 - 11:39
Business
Sky News
Minimum wage and living wage set to rise – but inflation will ‘blunt’ the ‘underwhelming’ increase
The chancellor is set to increase the national living wage to £9.50 in Wednesday’s budget.It will rise by 6.6% from the current living wage of £8.91 per hour for those aged 23 and over from 1 April, which the government says will give full-time workers an extra £1,000 a year. Analysis: Rise in national living …
25.10.2021 - 11:11
Business
Evening Standard
BrewDog reveals plans for giant venue inside transformed Waterloo Eurostar terminal
BrewDog has revealed plans to open a 26,500 sq ft global flagship on the former Eurostar terminal at Waterloo as several drinks-focused firms pursue expansions on successful post-lockdown re-openings.Britain’s biggest craft brewer intends to launch the two-floor venue – complete with a pub, pop-up food truck, cocktail bar, bowling alley and slide to get between …
25.10.2021 - 10:23
Business
Sky News
Owner of Las Iguanas to open 50 new restaurants and create 1,250 jobs
Restaurant owner The Big Table Group is planning to open 50 new sites in a move that will create 1,250 jobs.The group owns Bella Italia, Cafe Rouge, and Las Iguanas, and said on Monday that it intends to invest more than £50m in expansion plans over the next three years. Some £19m will be used …
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