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Business Live
Record property lending for the Development of Wales
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Business
Sky News
Share of households buying groceries online falls to lowest level since October
The share of households buying groceries online has fallen to the lowest level since October as lockdown restrictions loosen, according to industry data.Figures from Kantar showed that just over 20.3% ordered deliveries from supermarkets over the internet in the four weeks to 8 August. That is down from a peak of 23.4% in February, a …
Business
Business Live
Mining giant Glencore acquires stake in Britishvolt as part of long-term supply deal
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Business
Sky News
Bezos might scupper NASA’s 2024 moon landing – if spacesuit delays don’t do it first
A lawsuit from Jeff Bezos may end up scuppering NASA’s mission to return to the moon by 2024, although it isn’t the only obstacle putting that date in peril.In filing a lawsuit against the US government for awarding the $2.9bn contract to Elon Musk’s company SpaceX rather than Blue Origin, Jeff Bezos could delay the …
Business
Evening Standard
Just Eat reports €486 million loss despite soaring sales as it spends heavily on marketing
Just Eatbosses today insisted the food delivery giant’s losses have peaked as it revealed a €486 million first-half post-tax loss despite soaring sales. The Amsterdam-headquartered firm reported revenues up 52% to €2.6 billion (£2.2 billion) in the six months to July, compared with €1.8 billion (£1.5 billion) in the first half of 2020. UK orders …
Business
Evening Standard
Jobs and pay jump as UK bounces back from pandemic
Pay is jumping, unemployment is falling and there are up to a million spare jobs going, in the latest sign that the government’s furlough scheme worked and the UK is bouncing back from Covid better than most dared hope.The numbers of people in unemployment rose by 95,000 to 32.3 million in the three months to …
Business
Sky News
Job vacancies top one million as economy rebounds from crisis
The number of job vacancies has topped 1 million for the first time on record as the economy recovers from the pandemic, the Office for National Statistics (ONS) said.Figures published by the ONS also showed the number of employees on payrolls rose by 182,000 last month – though was still 201,000 below pre-crisis levels. Meanwhile …
Business
Business Weekly
The ‘game continues’ in the Lillywhites rent dispute
There is currently a case going through the High Court involving the Lillywhites building (I’m pretty sure I bought a tennis racket there many years ago!) in Piccadilly, London, writes Stephen Illingworth, Consultant, Greenwoods GRM. The landlord, Criterion Buildings Ltd, says that Lilywhites, a subsidiary of Sports Direct which is in itself a subsidiary of Frasers …
Business
Sky News
Government hydrogen power plans will result in missed climate targets, says environmental group
New government plans to make hydrogen from natural gas could result in the UK missing its target for cutting carbon emissions to net zero, climate change campaigners have warned.E3G, an environmental policy group, told Sky News that making blue hydrogen from fossil fuel will still result in significant greenhouse gas emissions – and the government …
Business
Sky News
BT Pension Scheme wins tussle over stake in asset manager Hermes
Britain’s biggest private sector retirement scheme has won a tussle over the value of its remaining stake in Hermes, the prominent City asset manager.Sky News has learnt that Federated Hermes, the Pittsburgh-based group which bought 60% of Hermes in 2018, has agreed to pay the BT Pensions Scheme about £115m for a further 29.5% shareholding. …
Business
Sky News
US government launches formal investigation into Tesla’s Autopilot
The US government has launched a formal investigation into Tesla’s Autopilot driving system over concerns it has difficulties identifying parked emergency vehicles.Almost every car Tesla has sold in the US since the start of the 2014 model years will be affected by the probe – an expected 765,000 vehicles. The US National Highway Traffic Safety …
Business
Sky News
Afghanistan is one of the poorest countries in the world – now things could get even worse
The Taliban, having taken over Afghanistan, will inherit an economy that is among the world’s most ramshackle.That may surprise many given the billions of dollars spent by the United States and its allies in the country during the last two decades.Afghanistan live updates: All the latest as the Taliban establish new government Image: Growth slowed …

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