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Business Live
Trade links forged between South West and Maltese businesses
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Business
Business Live
Wealth of law graduates draws another US firm and 78 jobs to Northern Ireland
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Business
Sky News
Microsoft venture arm M12 backs UK legal tech start-up Definely
A UK-based legal technology start-up which uses artificial intelligence to shorten labyrinthine contract-drafting processes has drawn backing from Microsoft’s venture arm.Sky News understands that M12, the tech behemoth’s vehicle for deploying capital into early-stage companies, is jointly leading a £2.2m seed investment in Definely. The funding round, which also includes money from CRE Venture Capital, …
Business
Sky News
Growth slowdown proves government has mountain to climb in COVID recovery
Economic recovery from COVID-19 is not going to be as simple as lifting the restrictions that plunged most of the world into a deep, brief, recession in the first place.That is the message from the latest UK GDP figures which showed the recovery stalled in July with growth registering just 0.1%. This stagnation of what …
Business
Sky News
9/11 anniversary: The touching charity day legacy in memory of 658 staff killed
Few, if any, businesses and their employees suffered on September 11th 2001 in the way Cantor Fitzgerald and its people did.Of course, insurance companies, airlines and some commercial property groups had a rough ride and had to shed many jobs. An estimated 100,000 posts were lost in the aviation sector in the 10 days immediately …
Business
Sky News
Shortages and ‘pingdemic’ punish economy as growth slows to just 0.1% in July
Coronavirus measures that forced scores of workers to self-isolate contributed to a bigger than expected slowdown in economic growth in July, according to official figures.The Office for National Statistics (ONS) charted a rise in output of just 0.1% over the month following a 1% increase during June. That was despite more businesses getting into gear, …
Business
Sky News
UK families spent £46 on card fees alone last year, as companies hit out at government for failing to act
Tens of thousands of businesses across the UK have called on Parliament to tackle soaring card fees which amounted to £46 per household last year.The companies argue that British businesses and consumers should be protected from the mounting cost of anti-competitive practices in card payments, which are adding to the price of goods and services. …
Business
Sky News
Airlines accused of giving inaccurate advice that could cause passengers to be barred from flights
Major airlines have been accused of giving out inaccurate information about COVID testing requirements – with a watchdog warning this could result in passengers being turned away from flights.A mystery shopping exercise by Which? found agents for British Airways, easyJet, Jet2, Ryanair and Tui were mostly unable to provide clear, consistent or accurate answers. If …
Business
Sky News
WizzAir plots route to growth as CEO eyes £100m bonus
Asked in 2003 why he had not taken Ryanair into central and eastern Europe, Michael O’Leary, the airline’s chief executive, was emphatic.Mr O’Leary, one of the most driven and competitive of CEOs in any industry, told the Wall Street Journal: “Our model just can’t be slapped down in Central and Eastern Europe at this point.” …
Business
Evening Standard
Cycle-tracking femtech firm Flo Health raises $50 million to fuel hiring spree and R&D
Femtech firm Flo Health, behind one of the world’s most-used period and fertility-tracking apps, has netted $50 million (£36.2 million) in investment taking it to near-unicorn status. The London-headquartered startup said the Series B funding round, led by European tech investors Target Global and VNV Global, brings its total capital raised to $65 million and …
Business
Evening Standard
FTSE 100 wobbles as ECB begins to pull back emergency economic support
THE EUROPEAN Central Bank today signalled it would begin to withdraw its emergency support for the eurozone economy, the first major central bank to do so.That comes amid growing concern that the economic recovery from Covid is slowing, while inflation looks set to ratchet higher.The ECB kept interest rates at 0% but said it would …
Business
Sky News
Facebook and Ray-Ban launch range of smart glasses called Ray-Ban Stories
Facebook and Ray-Ban have announced new smart glasses called Ray-Ban Stories are launching on Thursday in three different models, five colours, and with a range of lenses – including prescription – retailing for £299 in the UK.The glasses are launched alongside a bespoke app called Facebook View which is needed to pair with the devices …

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