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Life sciences firm ReNeuron to delist as it aims to exit administration
A life sciences firm that received millions in Welsh Government funding is delisting as part of plans for it to exit administration as a going concern. Alternative Investment Market (AIM) isted stem cell development firm ReNeuron, based in Bridgend, entered administration in March. It had received a £5m equity investment from the Welsh Government’s £50m …
Business
Sky News
Mortgage borrowing at near two-year high as signs of confidence emerge
The number of mortgages approved reached a near two-year high, according to Bank of England figures, as hopes of cheaper borrowing encouraged would-be buyers. Mortgage approvals increased to 62,000 in July, a level not seen since September 2022, a sign that buyers were waiting for hopes of reduced interest rates and the associated lower mortgage …
Business
Sky News
Employers will have to offer four-day week under new plans
Employers will have to offer flexible working hours – including a four-day week – to all workers under government plans.To receive their full pay, employees would still have to work their full hours but compressed into a shorter working week – something some workplaces already do. Currently, employees can request flexible hours as soon as …
Business
Evening Standard
Trade union in Scotland suspends bin strikes after members accept pay offer
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.A trade union in Scotland has scrapped plans for refuse workers to strike after members accepted a new offer.GMB Scotland said 78% …
Business
Evening Standard
Media firm STV hires Rufus Radcliffe as next boss
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Scottish media firm STV has appointed Rufus Radcliffe to become its next boss later this year.The broadcasting business said Mr Radcliffe will …
Business
Evening Standard
Border Force staff at Heathrow to launch strike in rosters dispute
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Border Force staff at Heathrow Airport will launch a four-day strike on Saturday in a long-running dispute over rosters.Around 650 members of …
Business
Sky News
House prices growing at fastest rate in nearly two years, UK’s biggest building society says
House prices are now growing at the fastest annual rate in nearly two years, the UK’s largest building society has said, with rises expected to continue.In the year up to August, houses became 2.4% more valuable with the average property costing £265,375, according to Nationwide. But prices are still below the all-time highs recorded in …
Business
Evening Standard
Riots ‘severely impacted’ shopper footfall in early August
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Riots across the UK earlier this month “severely impacted” shopper footfall as many consumers stayed away from shops and retail parks during …
Business
Sky News
Free childcare available from next week – but why is the sector concerned?
Parents and carers of children aged nine months or over will be entitled to 15 hours of free childcare a week from Monday, the government has confirmed. The plans to extend free childcare provision were announced by the then Conservative government back in 2023, with the first stage – 15 hours of childcare for two-year-olds …
Business
Evening Standard
FTSE 100 nudges upwards after solid session for blue-chips
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The FTSE 100 made gains on Thursday, led by a strong showing from hotels group Whitbread after an upgrade from City analysts.The …
Business
Sky News
Tide could be turning against social media giants and their bosses – as Telegram founder’s arrest sets new precedent
The bosses of the world’s biggest social media companies have typically avoided personal repercussions, even when their platforms have faced scrutiny over their duties to their billions of users. Social media companies including Facebook, X and TikTok have repeatedly come under fire from policymakers for failing to sufficiently tackle the spread of misinformation, but their founders …
Business
Business Live
‘Bold and unique’ 41-storey skyscraper plans in city centre recommended for approval
Proposals for a significant new skyscraper in Birmingham have been tipped for approval, with designs for the tall and “unique” structure poised to transform the city’s skyline. Previously submitted plans detailed a trio of buildings for the site bordered by Bristol Street, Bromsgrove Street and Essex Street, including an impressive 41-storey tower. Under the proposals, …

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