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North East manufacturer Cummins to lead £14.6m pioneering engine project
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Business
Sky News
US lab reports it is on the cusp of major nuclear fusion breakthrough
A laboratory in the US is on the cusp of a breakthrough in nuclear fusion research which would see the fuel it generates release more energy than is needed to ignite it.The US National Ignition Facility (NIF) confirmed that a successful experiment on 8 August “made a significant step” toward this goal, which is known …
Business
Evening Standard
UK inflation tumbles giving Bank of England room on interest rates
UK inflation fell to 2% in July, a sharp plunge which suggested the Bank of England has no need to push up interest rates any time soon.That is down from an annual rate of 2.5% in June, a bigger drop than most of the City had expected.Figures yesterday showing that pay is rising sharply suggested …
Business
Sky News
Rail fares set for sharp increase as used car prices soar, new inflation data suggests
Rail fares look set for a sharp increase and second hand car prices are climbing at their steepest rate since 2010, new inflation data suggests.Figures from the Office for National Statistics (ONS) also showed petrol prices were at their highest level for nearly eight years, pointing to pressure on commuters’ pockets despite a fall in …
Business
Sky News
Rail fares look set for sharp increase as used car prices soar, new inflation data suggests
Rail fares look set for a sharp increase and second hand car prices are climbing at their steepest rate since 2010, new inflation data suggests.Figures from the Office for National Statistics (ONS) also showed petrol prices were at their highest level for nearly eight years, pointing to pressure on commuters’ pockets despite a fall in …
Business
Sky News
Nando’s forced to close 50 restaurants due to supply chain disruptions
Nando’s has been forced to temporarily close around 50 restaurants after suffering chicken shortages due to supply chain disruptions across England, Wales, and Scotland.The peri-peri chicken maker, which operates some 400 sites around the country, also said it would lend some of its staff to its suppliers to help “get things moving” again after its business was …
Business
Evening Standard
Streaming services booming with over-65s in pandemic, new Deloitte survey finds
The pandemic and its resulting lockdowns have meant we all spent more time on the sofa than planned. Video streaming services such as Netflix and Amazon Prime have benefited, signing up millions of new customers. And a new survey from Big Four firm Deloitte, released on Tuesday, revealed that 57% of Britons aged 65-75 now …
Business
Sky News
Job vacancies are at their highest since records began – but why?
You’d be forgiven for thinking that something a little weird is going on with the workforce at the moment.We’re still coming out of a deep recession – one of the greatest economic shocks in modern times – parts of the economy such as the travel sector are still labouring under restrictions, and consumer confidence still …
Business
Euro News
UK job vacancies hit record high following restrictions lift
Job vacancies in the U.K. have spiked to their highest recorded level, official figures showed Tuesday, in a further sign that the British economy is rebounding by more than anticipated following the lifting of coronavirus restrictions.With the unemployment rate falling further and the number of people on payroll rising further toward pre-pandemic levels, wage pressures …
Business
Sky News
Mining giant BHP set to leave FTSE 100 as it picks Sydney for main listing
The second-biggest company in the FTSE 100 has announced a dramatic rejig of its corporate structure set to trigger its exit from the index.BHP, the world’s biggest mining company, currently has a so-called “dual listing” under which it has two legal entities – BHP Group Ltd, with shares listed in Sydney and BHP plc, which …
Business
Sky News
Just Eat orders surge by 58 million but investment splurge hits bottom line
Just Eat orders in the UK rose to 135 million in the first six months of this year as it linked up with more restaurant brands and boosted marketing including through a Euro 2020 sponsorship deal.The takeaway platform said the number of orders was up by 58 million, or 76%, compared with the same period …
Business
Evening Standard
Percentage of Britons buying groceries online falls as pre-pandemic habits return, Kantar data reveals
The percentage of households buying groceries online is at its lowest level since October amid the return of pre-pandemic shopping habits, data firm Kantar said on Tuesday.Kantar’s research showed consumers made an extra 108,000 shopping trips in the last four weeks as the easing of Covid-19 restrictions encouraged more people to venture out.Just over 20% …

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