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Sky News
Gas prices rise by 27% in a day with no end in sight for record highs as winter nears
Wholesale gas costs reached new uncharted territory on Wednesday as financial markets fret over the impact of inflation on the global recovery from the coronavirus crisis.The gas contract for next-day delivery in the UK breached £3/therm for the first time on Wednesday morning and was as high as £3.55 at one stage. Market experts said …
Business
Sky News
Gas prices swing wildly as Putin comments put the brakes on latest spike
Wholesale gas costs reached new uncharted territory on Wednesday as financial markets fret over the impact of inflation on the global recovery from the coronavirus crisis.The gas contract for next-day delivery in the UK breached £3/therm for the first time on Wednesday morning and was as high as £3.55 at one stage before easing back …
Business
Evening Standard
Google goes green: Search giant announces new sustainability features from portfolio eco-scores to flights
Google today revealed a raft of new sustainability features including plans to launch “portfolio scores” on Google Finance so retail investors can calculate how eco-friendly their investments really are.Sundar Pichai, CEO of Google and parent company Alphabet, announced that from today the tech giant will offer a “green badge” for lower emissions choices on its …
Business
Sky News
Tesco hails supply chain ‘resilience’ as half-year profits double
The UK’s largest retailer has reported a doubling of first-half profits and raised its full-year outlook – shrugging off the challenges posed by supply chain disruption in the industry.Tesco said it had grown sales during the first six months of its financial year and weathered headwinds including “high” levels of enforced COVID-19 isolation among staff. …
Business
Sky News
French fishermen threaten to block exports to UK in run-up to Christmas as tensions rise over fishing rights
French fishermen have threatened to blockade the port of Calais and cut off Christmas supplies in a post-Brexit fishing row.They claim they have been “deceived” by the British government over fishing licence applications and have called on the European Commission to take “retaliatory measures”. The president of the fishing committee for the northern Hauts-de-France region, …
Business
Euro News
Tesla ordered to pay €118 million to Black ex-employee over racism claims
Business
Euro News
Ireland set to agree historical minimum corporate tax rate
Ireland is expected to adopt a 15% minimum corporate tax rate after several months of negotiations with the Organisation for Economic Co-operation and Development (OECD).Sources close to Irish Finance Minister Paschal Donohoe say the Irish government “need certainty around the rate”, and assurances that Ireland won’t be forced to increase it further.Much of the discussion …
Business
Euro News
Ireland agrees to set historical minimum corporate tax rate
Ireland has agreed to adopt a 15% minimum corporate tax rate after several months of negotiations with the Organisation for Economic Co-operation and Development (OECD).Sources close to Irish Finance Minister Paschal Donohoe say the Irish government “needs certainty around the rate”, and assurances that Ireland won’t be forced to increase it further.Much of the discussion …
Business
Sky News
Pandemic sparks collapse of currency exchange provider ICE
The pandemic’s devastating impact on international travel has sparked the collapse of International Currency Exchange (ICE), one of Britain’s best-known bureau de change chains.Sky News has learnt that ICE’s UK arm filed for administration on Tuesday, prompting the immediate closure of its 26 outlets at airports and rail stations in Britain. More than 100 people …
Business
Sky News
‘Grown men in tears’: Hundreds of pigs culled with farms overcrowded amid butcher shortage
Hundreds of healthy pigs have been culled after a nationwide shortage of abattoir workers left farms overcrowded with animals that could not be sent for slaughter.The National Pig Association (NPA) said at least 600 swine had been killed – and fears that the bottleneck in the meat processing industry could see as many as 150,000 …
Business
Sky News
‘No malicious activity’ behind outage that hit Facebook, Instagram and WhatsApp, company says
Facebook has said there was “no malicious activity” behind a widespread outage that knocked all of its services offline for several hours yesterday.The social network – as well as Instagram and WhatsApp – were inaccessible for its 3.5 billion users because of the technical issues. Although the tech giant had previously said that a faulty …
Business
Sky News
‘Significant reduction’ in petrol stations running dry in hard-hit London and South East
The number of petrol stations running dry in London and the South East has seen a “significant reduction”, according to daily industry data.In its latest update on the fuel crisis, the Petrol Retailers Association (PRA) said 15% of sites in the region – which is taking longer to return to normal than the rest of …

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