Latest Stories All Stories

Business
Evening Standard
Budget 2021: How Rishi Sunak can stem flow of top UK biotechs to US
By punching significantly above its weight in the Covid-19 vaccine race, the UK’s life sciences sector has muscled its way firmly into the global spotlight.But to keep it there, ministers must find ways to help the industry reverse a flow of the brightest talent and most promising start-up companies from Oxford, Cambridge, London and elsewhere …
Business
Business Live
All the announcements made so far on the Autumn Budget and Spending Review
Here is a brief run down of all the pledges in the budget so far: Public pay freeze scrapped The Chancellor is due to announce that the 12-month public sector pay freeze is to end, paving the way for more than five million workers to potentially receive a pay rise next year. Minimum wage rise …
Business
Business Live
BBC series The Outlaws helps Bristol film and TV sector recover after pandemic ‘dip’
Productions such as BBC series The Outlaws helped Bristol’s film and television sector to a strong recovery after an “expected dip” in inward investment during the pandemic, according to new data. Annual figures released by Bristol Film Office, a division of Bristol City Council, estimated that film and TV production in the city was worth …
Business
Sky News
IKEA buys former Topshop store in London’s Oxford Circus
The world’s biggest furniture brand is buying Topshop’s former flagship store in London.The store was left empty after the fashion chain’s owners at the time, Arcadia Group, collapsed into administration in December 2020. But on Monday, Ingka Investments – which owns most of IKEA’s stores – said it wanted to reopen the site in the …
Business
Business Live
Welsh Government wants public electric car charging points every 20 miles on all major A-roads in Wales
Welsh Government wants a public electric vehicle charging point every 20 miles on the strategic route network of Wales by 2025. The nation currently has 1,000 public charging points. It works out at one for every six battery electric vehicles – but this reflects the low number of battery cars in Wales, which is partly …
Business
Business Live
Denby Pottery planning UK and overseas growth with £10m funding
The historic Denby Pottery is planning to grow UK and overseas sales with £10 million of backing from Secure Trust Bank. Based in Dendy, 10 miles north of Derby, the pottery has been making pottery for more than 200 years, with its products stocked online and in shops such as John Lewis and the Denby …
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 …
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 …
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 …
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 …
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 …
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: …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources