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Business Live
Waste management firm in Bristol to introduce two electric collection vehicles
A waste management company is set to convert two of its fleet of collection vehicles in Bristol from diesel to electric in a £600,000 investment. Grundon Waste Management will make the move within the next few months after trials to gauge the vehicles’ range found they were capable of operating a full day on one …
Business
Business Live
The North will benefit most from transition to net zero, new Bruntwood SciTech study shows
The North is set to benefit the most from the UK’s transition to net zero, a major new report has shown. Bruntwood SciTech’s Market Spotlight report – a new study on the health and outlook of the UK’s science and technology economy – has forecasted the creation of 365,000 new jobs by 2050 because of …
Business
Business Live
Change at the top of Young’s Seafood and Karro Food Group parent company following Canadian buy-out
The leadership of one of Britain’s biggest food companies has changed following a huge buy-out earlier this year. Michael Latifi, founder and executive chair of Canadian giant Sofina Foods is to lead the UK and European arm, created after adding Eight Fifty Food Group to the portfolio. It is the parent company of Karro Pork …
Business
Business Live
West Midlands awarded £1bn in transport funding
The West Midlands has been awarded £1 billion in funding to expand the region’s tram, train, bus and cycle networks. The West Midlands Combined Authority (WMCA) secured the money from the Government’s City Region Sustainable Transport Settlement fund. Money will now be used to kickstart a wide range of projects from new Metro extensions to …
Business
Business Live
Stroud Growth Hub opens after nearly two years of delays
A business centre and co-working space in Gloucestershire has opened after nearly two years of delays. The Growth Hub in Stroud, which is based at SGS College, was initially due to open in March 2020 but was forced to postpone its official launch because of the pandemic. It has still been providing online support for …
Business
Evening Standard
HSBC to spend $2bn on share buyback as profits boom
HSBC profits are soaring, allowing it to begin handing back $2 billion to shareholders and plot a possible return to more regular dividend payments.The banking giant saw profits up 74% to $5.4 billion in the last three months, a sign both of HSBC’s own revival and a wider return to form for the sector.Last week …
Business
Sky News
‘Truly dark day for drivers’ as petrol prices hit record high in UK
Petrol prices have hit a record high across the UK in what the RAC has described as a “truly dark day for drivers”.The average daily price per litre hit 142.94p on Sunday in data reported on Monday morning by RAC/Experian Catalist, which is separate from the weekly average record price reported by government. The previous …
Business
Sky News
Petrol prices hit 142.94p per litre, data shows – beating record set in 2012
Petrol prices have hit a record high across the UK in what the RAC has described as a “truly dark day for drivers”.The average daily price per litre hit 142.94p on Sunday in data reported on Monday morning by RAC/Experian Catalist, which is separate from the weekly average record price reported by government. The previous …
Business
Sky News
‘Lows of recent quarters are behind us’: HSBC posts 74% rise in Q3 profit
HSBC has posted a 74% rise in third quarter profit, with its chief executive saying “the lows of recent quarters are behind us”.The London-headquartered bank reported a pre-tax profit of $5.4bn (£3.9bn) for the quarter to September, compared to $3.1bn (£2.2bn) at the same time last year. Some $700m (£508m) in cash was also released, …
Business
Sky News
Top oil firm boss calls for ‘holistic’ energy policy to ‘avoid a global economic crisis’
The head of the world’s largest oil firm has rejected suggestions that oil will be fully phased out and said that it would be a mistake to “demonise” the hydrocarbon industry.In an exclusive interview with Sky News, Amin Nasser, the CEO of Saudi Aramco, insisted oil has a future, despite a global shift towards cleaner, …
Business
Sky News
Tesco website and app disrupted following ‘attempt to interfere with our systems’
Users of the Tesco website and app are experiencing disruption following an “attempt to interfere” with the system, the retail giant has said.The website and app have been hit with outages since yesterday morning, meaning customers cannot place or track orders. Website users are given an error message when they try to access groceries or …
Business
Sky News
Hyve founder tests resolve of rival Ascential with Money20/20 approach
The boss of Hyve Group, one of the London stock market’s largest exhibition organisers, is hatching plans to bid for Money20/20, the international fintech event owned by rival Ascential.Sky News understands that Hyve is in preliminary talks with Ascential about acquiring Money20/20 in a deal that would represent a renewed bet on the global exhibitions …

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