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Evening Standard
Focus: Will leisure take lead from retail in ‘changing of the guard’ on UK High Streets?
Even before they endured the Covid-19 pandemic and multiple lockdowns, high street brands were grappling with multiple headwinds, from soaring business rates to stiff (and less encumbered) online competition. They have also since seen property values decline. Over the past year retailers have won over millions of new online customers, many seemingly planning to stick …
Business
Sky News
‘No point’ sparing food suppliers from pingdemic when shop workers still absent says retailer
Business leaders have expressed dismay at being left out or left in the dark over plans to ease “pingdemic” pressure on key parts of the economy.A government list of 16 industries will excuse “critical” staff from having to self-isolate if “pinged” by the NHS COVID app – but several sectors have been left out and …
Business
Sky News
‘Summer of closures’ for hotels and restaurants left off ‘pingdemic’ exemption list
Hotels and restaurants face a summer of closures after their workers were not included in quarantine exemptions, the government has been told.Industry body UK Hospitality said the sector would have to work with one hand tied behind its back, while the Federation of Small Businesses (FSB) said the impact on the sector might threaten domestic …
Business
Sky News
Several high-profile websites including HSBC, Airbnb and British Airways hit by outages
The websites of several high-profile companies including HSBC, Airbnb and British Airways were hit by outages on Thursday.The incident is believed to be linked to Akamai Technologies, a content delivery network. A message on the BA website read: “Service Unavailable – DNS failure. The server is temporarily unable to service your request. Please try again …
Business
Sky News
Tech tycoon Lynch vows to fight US extradition in HP-Autonomy ‘fraud’ case
The founder of UK tech firm Autonomy has said he will fight extradition to the United States on fraud charges after a London court granted the move.Dr Mike Lynch, who sold the software company to Hewlett Packard (HP) for $11bn in 2011, is wanted to face trial in the US on allegations he artificially inflated …
Business
Evening Standard
City giants lead way in London jobs market recovery, Indeed reports
Hiring in London has topped pre-pandemic levels in recent months with City firms including PwC, EY and Citi leading the recruitment charge, new data has revealed. A war for talent is underway and has led to a pay boom in certain sectors as businesses look to grow as restrictions ease and the economic outlook improves. …
Business
Sky News
Compensation revealed for cleared sub-postmasters after Horizon IT scandal
Postmasters who have had their Horizon IT scandal-related convictions overturned are being offered interim compensation payments of up to £100,000 each, the government has announced.The Department for Business, Energy and Industrial Strategy (BEIS) pledged none of the 57 individuals who qualified to date would be “left out of pocket” as the government-owned Post Office worked …
Business
Sky News
Hotel Chocolat taps shareholders for £30m in bid to satisfy growth appetite
Hotel Chocolat is tapping shareholders for tens of millions of pounds in new equity as it eyes a post-pandemic spike in sales.Sky News has learnt that the company plans to announce a share sale to raise in the region of £30m in the coming days. Hotel Chocolat’s leading institutional investors are understood to have been …
Business
Evening Standard
Centrica: Cold spring fires British Gas owner back into black
British Gas owner Centrica unveiled a jump in first-half profits today after households jacked up the central heating through the UK’s Arctic spring.The improved performance came despite British Gas suffering a continued exodus of 114,000 customers as a combination of industrial action, Covid-hit customer service and competitors offering cut-price deals saw them flock to rival …
Business
Business Live
ADVERTORIAL: Mazars continues proud tradition of supporting region’s business awards
With a host of quality nominations for the NottinghamshireLive Business Awards on October 14, 2021, the event looks forward to an excellent celebration of business success. An event which benefits all involved, each category is overflowing with potential winners and each and every one of the categories continue to have the sponsorship of local supporting …
Business
Business Weekly
Arm and PragmatIC create history with non-silicon chip
Cambridge partners Arm and PragmatIC have collaborated to achieve the first fully functional non-silicon Arm processor. In terms of realising the full potential of the Internet of Things, PlasticArm is one of the most significant technology breakthroughs in memory. Flexible electronics can seamlessly integrate with everyday objects through a combination of ultra-thin form-factor, conformability, extreme …
Business
Business Live
Green light for £260m mixed-use scheme in Birmingham
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