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Evening Standard
Challenged: Why old school banks might fend off the new tech lenders
In theory, a new breed of “challenger” bank is going to shake-up the staid old industry. Is going to wow us all with technology, eating the lunch of Barclays, NatWest et al along the way.Banks with whizzy names – Monzo, Tide – will show the tired old lenders how to do it in the digital …
Business
Sky News
Activist fund Gatemore builds stake in furniture chain DFS
A serial activist investor in listed British retailers has turned its attention to DFS, the furniture chain, amid predictions that it could be a takeover target for private equity funds.Sky News has learnt that Gatemore Capital Management notified its fund investors last month that it had begun building a stake in DFS, which has yet …
Business
Business Weekly
Carbon Offsetting – an important tool that needs some sharpening?
The Cambridge English Dictionary defines ‘Carbon Offsetting’ as “the activity of trying to stop the damage caused by activities that produce carbon by doing other things to reduce it, such as planting trees.” A simple enough concept, but one that in practice seems to divide opinions in the way that it is being implemented, writes …
Business
Euro News
Reddit co-founder announces €86 million investment in social media on Solana blockchain
Business
Sky News
Halfords sees supply chain issues start to ease – after cycling sales fall 25%
Halfords has said supply chain problems are starting to ease after they led to a 25% fall in cycling sales.The group said the availability of bikes had been “lower than we would like” in spring and later deteriorated further, meaning demand was outstripping supply in some categories for most of the first half of its …
Business
Business Live
North Wales town bucks high street trend with 50 businesses opening or expanding
Mold continues to go from strength to strength and buck national retail trends. The town centre has seen more than 50 businesses open or expand in the past two years. And as the area readies itself for the Christmas shopping season, town councillors are proudly reflecting on a vacancy rate of just 5.8% – far …
Business
Evening Standard
Halfords lifts profits outlook as CEO says bike retailer’s ‘strategic transformations are landing’
Halfords saw shares surge as much as 13% this morning after the bike retailer upgraded full-year profits forecasts and said its supply chain struggles are “beginning to ease”.The listed firm, which also sells car parts and does repairs, forecast underlying profits of £80 – £90 million, up from previous guidance of above £75 million. It …
Business
Business Live
Plan to reduce train emissions in North with battery trial on Transpennine route
Trains in the North could reduce their emissions if a trial to retrofit batteries proves successful. Transpennine Express is working with Hitachi Rail and Angel Trains to install battery technology trains used across the North with the aim of cutting carbon emissions by at least 20%. In the trial, Transpennine’s Nova 1 fleet of 19 …
Business
Evening Standard
Pay row looms at home furnishings retailer Dunelm
The chief executive of Dunelm is under pressure from a shareholder advisory group over his pay, which it dubs “excessive”.PIRC, the Pensions & Investment Research Consultants, is telling clients to vote against the retailer’s remuneration report at the next AGM.CEO Nick Wilkinson saw his pay this year quadruple to more than £4 million thanks to …
Business
Business Live
The huge impact of Bad Wolf on the Welsh economy
Independent television production firm Bad Wolf, which has brought recommissioned high profile productions to Wales like A Discovery of Witches and His Dark Materials, has generated more than £110m of gross value added (GVA) for the Welsh economy. In a major start-up inward investment coup for Wales, Bad Wolf established its HQ and studios in …
Business
Business Live
Videogame maker to create more than 1,000 jobs with new Manchester studio
An international independent videogame developer has announced plans to open a new Manchester base in 2022 and create more than 1,000 jobs in the next five years. Cloud Imperium Games will open a new development studio in Enterprise City in May 2022, creating more than 700 jobs in the area by 2023. Founded in 2012 …
Business
Business Live
Myton Law takes proud place in lauded list of UK’s finest firms
Hull-based Myton Law is celebrating its entrance into The Times’ 200 Best Law Firms list, barely a decade after launching. It is one of only four practices noted for maritime work in England and Wales, and joins fellow city firm Hudgell Solicitors in the rankings. Hudgell has retained its position from 2021 after a stellar …

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