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Evening Standard
Franco Manca to launch in Greece as owner Fulham Shore expands
Franco Manca is to launch in Greece as the pizza chain’s owner Fulham Shore pursues further expansion.A local Greek franchisee, backed by Fulham Shore directors, plans to open at least six restaurants in the next three years. The first will open in the suburbs of Athens. Fulham Shore, which also owns The Real Greek, will …
Business
Sky News
Goals to score with £200m sale two years after stock market red card
The owner of Goals Soccer Centres is looking to cash in on its investment two years after the operator of 5-a-side football pitches was forced to delist from the London stock market amid an apparent fraud.Sky News has learnt that Inflexion Private Equity has hired advisers from Clearwater International to launch an auction of the …
Business
Sky News
Bank of England resists pressure to raise interest rates as inflation spike looms
The Bank of England has surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month.However, the Bank used its quarterly Monetary Policy Report to signal that it was likely to increase borrowing costs in the “coming months”. The decision pushed the pound lower by more than a cent …
Business
Sky News
Pound plunges as Bank of England resists pressure to raise interest rates
The Bank of England has surprised investors and economists by leaving interest rates on hold at 0.1% for at least another month.However, the Bank used its quarterly Monetary Policy Report to signal that it was likely to increase borrowing costs in the “coming months”. The decision pushed the pound lower by two cents against the …
Business
Business Live
Movers and shakers: A bumper round-up of appointments from across Staffordshire
Mortgage expert My Simple Mortgage has expanded its service offering with the recruitment of experienced financial services manager Tony Currie. The Basford business has added a protection department to its portfolio after recruiting Tony to its now 11-strong team in a new business development manager role. Tony, who lives in Nantwich, has been working in …
Business
Business Live
COP26: Bristol needs £9bn to become net zero and businesses
Businesses in the West will benefit from the investment and business opportunities associated with achieving the net-zero targets being discussed at COP26 in Glasgow this week. Working with the other major cities in the UK we have formed the UK Climate Change Investment Commission to quantify and promote investment in UK city decarbonisation. Yesterday I …
Business
Business Live
Fast fashion giant Boohoo ‘close to agreeing’ settlement in US class action
Fast fashion giant Boohoo has announced it is close to agreeing a settlement regarding a class action about misleading customers on pricing. The Manchester-headquartered listed group has responded after a case filed in California alleged that Boohoo had offered large discounts to US customers based on inflated original prices. The case file also alleged Boohoo …
Business
Evening Standard
BT leads Britain’s ultra-fast internet drive and brings back dividend
BT said today it is powering through the laying of ultra-fast wi-fi cables hitting six million premises in total after a record six months.That leaves it on track to have a full-fibre network spanning 25 million premises by 2026, something chief executive Philip Jansen insists will be a result for shareholders and for the nation.It …
Business
Evening Standard
Bank of England preview: MPC could start raising interest rates today
Is the Bank of England poised to move interest rates up for the first time since August 2018?The market betting on whether it will do so today is split nearly exactly 50:50.A few weeks back is seemed nailed on that rates would go from 0.1% to 0.25%.Banks had already pulled their cheapest fixed rate mortgage …
Business
Sky News
JD Sports fury as regulators order chain to sell Footasylum
JD Sports has reacted angrily after a final ruling from the competition watchdog that it must sell the Footasylum chain bought for £90m in 2019.The Competition and Markets Authority (CMA) revealed its decision following a protracted investigation that saw JD appeal an original finding that it must offload the sportswear brand over fears it could …
Business
Sky News
Sainsbury’s warns of price pressures as Argos suffers supply chain woes
Sainsbury’s has declared it is in a “good position” for Christmas despite supply chain disruption across the UK that, it admitted, had contributed to lower sales at its Argos operation.The UK’s second-largest supermarket chain also warned that price pressures were building as a result of the challenges while reporting bottom line pre-tax profits of £541m …
Business
Sky News
Sainsbury’s warns of price pressures and consumer electronics shortages ahead of Christmas
Sainsbury’s has declared it is in a “good position” for Christmas but admitted its Argos operation is bearing the brunt of global supply chain disruption, with consumer electronics facing a festive squeeze.The UK’s second-largest supermarket chain also warned that price pressures were building as a result of the supply challenges while reporting bottom line pre-tax …

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