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US economy back to pre-pandemic peak – but latest growth slower than expected
The US economy has recovered to surpass its pre-pandemic peak according to official figures – though growth was slower than expected in the latest quarter.Robust consumer spending fuelled by vaccinations and government stimulus helped gross domestic product (GDP) grow at an annualised rate of 6.5% in the April-June period, according to the bureau of economic …
Business
Sky News
Hope for holidays, keeping up spirits, and car production shortages
Ian King speaks to the chief executive of the Society of Motor Manufacturers and Traders about how a combination of staff and supply shortages is threatening the revival of UK car production. Plus, hear from the CEO of the world’s biggest spirits company – Diageo – about sales growth. And the president of P&O Cruises …
Business
Sky News
CVC-backed Tipico places £1.5bn bet on William Hill bid
A German sports-betting group owned by one of the world’s largest private equity firms has joined the £1.5bn race to take control of William Hill’s operations in Britain.Sky News has learnt that Tipico, which is majority-owned by CVC Capital Partners, is among a handful of bidders vying for the gambling giant’s high street shops and …
Business
Business Live
CGIs show transformation of famous city hotel as major project update announced
Business
Business Live
Applied Graphene Materials launches new eco-friendly range
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Business
Business Live
ADVERTORIAL: Handelsbanken continues sponsorship of the Lifetime Achievement Award
The two Leicestershire branches of Handelsbanken, the local relationship bank, have combined resources to sponsor the Lifetime Achievement Award for a further year. The LeicestershireLive Business Executive Awards are taking place live at The Maher Centre on September 16, where the region’s business elite will be reunited for a night of glitz and glamour, celebration …
Business
Business Live
MoD awards £250m contract to progress UK’s Tempest fighter jet
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Business
Business Live
Green light for £505m energy saving project for Swansea Bay City Region
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Business
Sky News
Up to 1.6 million remain on furlough while taxpayer support also drives record mortgage borrowing
Between 1.1 million to 1.6 million workers remain on full or partial furlough as taxpayer aid for the wage support scheme prepares to be eased further, according to official estimates.A survey by the Office for National Statistics (ONS) showed that businesses continued to claim COVID-19 salary aid on behalf of between 4% and 5% of …
Business
Sky News
UK ‘increasingly confident’ more countries will move to amber or green travel lists
The government is “increasingly confident” that more countries will soon be added to the amber and green travel lists, Dominic Raab has told Sky News.The foreign secretary said he believes opportunities for international travel can in the near future be opened up further as “the momentum forward is positive”. Mr Raab also did not rule …
Business
Sky News
Regulator imposes £100m fine over ‘6,000%’ price gouging hit to NHS
The competition watchdog has imposed fines totalling £100m in the latest case of so-called price gouging that saw patients lose access to a free drug on the NHS.The Competition and Markets Authority (CMA) found that pharmaceutical company Advanz charged “excessive and unfair prices” for supplying liothyronine tablets, which are used to treat thyroid hormone deficiency …
Business
Business Weekly
Rolls-Royce sidelines China with small reactor export blueprint
Engineering giant Rolls-Royce, whose CEO is former Arm chief executive Warren East, is primed to steer an innovative, safe and profitable nuclear export business from the UK. Its strategy provides a beacon in the gloom as Britain accelerates a campaign to bar China from any involvement in major UK nuclear power projects. Having excluded Chinese …

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