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Evening Standard
Foxtons reviews bonus structure after investor backlash and 50% cut in payouts
Estate agent Foxtons has agreed to review its bonuses policy in the wake of an investor backlash and a 50% cut in payouts to senior execs.Investors showed their fury at the company at its annual shareholder meeting in April with just under 40% voting against an almost £1 million bonus for its chief executive Nic …
Business
Sky News
Three more energy firms cease trading amid rising gas prices
Energy firm Igloo, along with two others, have confirmed they are ceasing to trade as the record surge in wholesale energy costs continue to take their toll on small suppliers.Industry regulator Ofgem said the customers of Igloo, Symbio Energy and ENSTROGA would be sheltered through the appointment of a new supplier in due course. Their …
Business
Sky News
Pound at eight-month low as ‘stagflation’ crisis fears take hold
The pound has come under pressure as fears over “stagflation” stalk the economy amid a supply chain crisis and surging energy prices.Sterling dipped below $1.35 to hit a fresh eight-month low against the US dollar on Wednesday. “Stagflation” describes a period when an economy experiences stagnant growth and high inflation at the same time. The …
Business
Sky News
Pound at lowest level since 2020 as ‘stagflation’ crisis fears take hold
The pound has come under further pressure as fears over “stagflation” stalk the economy amid a supply chain crisis and surging energy prices.Sterling dipped below $1.35 to hit a fresh eight-month low against the US dollar early on Wednesday before extending its losses to a level not seen since late 2020. It was trading at …
Business
Sky News
Business secretary ‘not guaranteeing anything’ over fuel crisis impact on Christmas
Business Secretary Kwasi Kwarteng has said he is “not guaranteeing anything” over whether the fuel crisis will have an impact on Christmas.Days of chaos have seen motorists forming long queues for petrol with fuel pumps running dry amid fears that issues arising from the crisis could extend through to the end of the year. A …
Business
Business Live
ADVERTORIAL: The Manchester-based IT service transforming businesses
A leading Manchester business has launched a pioneering, national support service that aims to help businesses up and down the country with their IT needs, whatever they may be. Invo Technology is part of Involvement, a group that includes Invopak, the UK’s leading supplier of rigid packaging to industry – and reigning UK employer of …
Business
Business Live
£30m Gwynedd hotel scheme to start in March with Bespoke set to operate the new site
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Business
Business Live
SPONSORED: Tickets available now to celebrate the success of businesses in Swansea Bay
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Business
Business Live
Top home cinema and laser TV firms to exhibit at huge Cornish expo
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Business
Business Live
Offshore wind solutions for air defence radar interference backed with £3.8m pot
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Business
Sky News
UK warned of ‘retaliatory action’ after three-quarters of small French boat licences denied
France has accused the UK of “taking French fishing hostage” after it refused three-quarters of licence applications for small boats in British waters.The UK government gave permission to just 12 out of 47 French boats under 12 metres to operate in its exclusive economic zone and territorial sea. Ministers from the Department for Environment, Food …
Business
Sky News
Morrisons takeover tussle to be settled in auction process
The takeover battle for supermarket chain Morrisons will be settled by an auction process this weekend, it has been confirmed.US private equity firm Clayton, Dubilier & Rice (CD&R) is vying with Fortress Investment Group, a vehicle backed by Japan’s Softbank conglomerate, for control of Britain’s fourth-biggest grocer. CD&R, whose bid team is spearheaded by former …

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