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Evening Standard
Government borrowing falls as economy fights back from Covid
THE UK government borrowed another £20.5 billion in August to make ends meet, the highest amount for that month for every year apart from the last one.So far this year total borrowing stands at £93.8 billion, also hugely down on a year ago when Covid was at its worst.The good news is that public sector …
Business
Sky News
State-backed loans being considered for energy firms that take customers from companies that go bust
Some of the UK’s biggest energy companies could be offered state-backed loans in return for taking on customers from smaller suppliers if they go under, as soaring global gas prices throw the industry into crisis, the business secretary has told Sky News.Speaking to Kay Burley, Kwasi Kwarteng also said that the carbon dioxide shortage that …
Business
Sky News
COVID loan scheme default estimates add £21bn to record 2020/21 borrowing
It has emerged that the record peacetime public borrowing to pay for the coronavirus crisis during the last financial year has been revised even higher to reflect fears more than £20bn of government-backed loans will never be repaid.The revelation was made by the Office for National Statistics (ONS) in its latest update on the state …
Business
Euro News
Bitcoin price plunge hits Cardano, Solana and other cryptos amid worries of Evergrande default
Business
Sky News
Global stock markets slide on cocktail of economic worries
Global stock markets have fallen sharply on a cocktail of worries led by a potential crisis brewing in China – and added to by gas supply concerns in Europe.Fears over the future of Chinese property giant Evergrande – and the possibility that its problems could have wider knock-on effects in the world’s second biggest economy …
Business
Sky News
US to relax travel rules for vaccinated passengers from UK and EU
Vaccinated passengers will be able to enter the US from the UK and EU from November, ending almost two years of coronavirus travel restrictions.The new rules would be part of broader policy changes for international travel and will apply to fully jabbed people – meaning those who have received two doses of a COVID-19 vaccine. …
Business
Sky News
Why gas prices have soared and left UK facing prospect of food shortages
The price of gas has rocketed in recent weeks, putting several energy suppliers out of business and prompting warnings of food shortages in UK supermarkets.Wholesale gas prices have soared by 250% since the beginning of the year, including a 70% rise since August, according to the Oil & Gas UK trade body. So why is …
Business
Sky News
‘Keep your fingers crossed’ strategy leaving smaller energy suppliers out in the cold
Expect to see misinformed commentary from some quarters in coming days about how the crisis currently engulfing small household energy suppliers is all the fault of privatisation.About how outrageous it is that profits are privatised and that losses are nationalised. And about how the only way out of this is renationalisation of the UK’s energy …
Business
Sky News
‘No question of lights going out this winter’ business secretary declares – as gas prices soar
There is “absolutely no question of the lights going out this winter” and the energy price cap will remain in place despite escalating gas prices, the business secretary has said.Kwasi Kwarteng said the cap “protects millions of consumers” and reiterated “the need for us all to prioritise consumers” during crisis talks with industry figures. Following …
Business
Business Live
ADVERTORIAL: ARU is transforming lives through innovative and inclusive education and research
It is the largest provider of nursing, midwifery, health and social care students in England, and Anglia Ruskin University (ARU) is among the UK’s leading universities for degree apprenticeship provision. It works with employers including Barclays, Vinci and GlaxoSmithKline. Its early expertise in the arts and education has broadened, and today it offers courses in …
Business
Business Live
ADVERTORIAL: Build your CV and skillset with temporary jobs – and the expertise of Reach Resourcing
Like many individuals across the UK, you may have found yourself questioning your career direction during the pandemic. With redundancy having spiked and furlough being something that we’re all a little too familiar with, there is no shock that, on average, a whopping 60% of us have considered a career change in the past year. …
Business
Business Live
Hull law firm Rollits rolls on to 180 years serving the city and beyond
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