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Evening Standard
The UK’s most affordable and most expensive places to live revealed
Buying a home in a UK city will typically set a buyer back by more than eight times average earnings, analysis has revealed.A 10.3% surge in city house prices over the past year now sees the average property costing 8.1 times average earnings, Halifax found.While the average city house price increased to £287,440, average earnings …
Business
Sky News
Heathrow pleads for US to ease travel restrictions as passenger numbers creep up
Heathrow Airport has urged the United States to lift its restrictions on travellers from the UK while reporting an improvement in passenger numbers last month.The hub airport said it handled more than 1.5 million travellers during July – a 74% lift on the same month a year ago but still 80% down on pre-COVID-19 pandemic …
Business
Evening Standard
Five entrepreneurs and CEOs who didn’t do A-Levels but made it to the top
Doing well in your A-Levels can feel like everything. Parents‘ desperately hopeful faces as that envelope is opened, or that screen refreshed, will be forever seared in the memory of millions.Exams are important, but they are not the be-all and end-all. Not getting the grades you hoped for, or not doing A-Levels at all because …
Business
Sky News
Carlyle says it will not increase ‘full and fair’ bid for UK pharmaceutical firm Vectura
The battle for British pharmaceutical firm Vectura will not go to auction, after one of the two hopefuls said at the last minute that it would not increase its bid.US private equity firm Carlyle had made the first move for the Wiltshire-based FTSE 250-listed firm, which makes inhaled medicines and devices to treat respiratory illnesses …
Business
Sky News
Strict new travel laws in Australia mean people will need permission to leave the country
Australia has introduced stricter travel laws that mean citizens who live abroad will need permission to leave the country.Anyone hoping to leave will have to demonstrate to the border force commissioner that they have a “compelling reason for needing to leave the Australian territory”. It is part of emergency biosecurity laws to help stem the …
Business
Euro News
German pharmaceutical firm Bayer loses appeal against court ruling its weed killer causes cancer
German pharmaceutical giant Bayer has lost an appeal against a US court ruling that its weed killer causes cancer.It’s the latest setback for the company which is facing thousands of lawsuits in the US.A San Francisco appeals court on Monday upheld a 2019 ruling in favour of a couple claiming they became ill after years …
Business
Sky News
Radiator-maker Stelrad warms up plan for £500m flotation
Stelrad, one of the UK’s biggest radiator manufacturers, is warming up plans for a London flotation that could value it at as much as £500m.Sky News has learned that Stelrad’s owners are working with bankers at Investec on a potential initial public offering (IPO). A listing is being considered alongside a trade or private equity …
Business
Evening Standard
Marshall Motors reports record revenues on back of booming used car market
Marshall Motors has reported record revenues amid a second-hand car market boom that is seeing used vehicle values inflate at “unbelievable” levels.The listed dealership saw sales of £1.3 billion in the six months to July, up 49% on 2020 and 13% on 2019 despite forecourts being shuttered until April 12. The firm – which traditionally …
Business
Evening Standard
Marshall Motors reports record revenues on back of booming used car market
Marshall Motors has reported record revenues amid a second-hand car market boom that is seeing used vehicle values inflate at “unbelievable” levels.The listed dealership saw sales of £1.3 billion in the six months to July, up 49% on 2020 and 13% on 2019 – despite forecourts being shuttered until April 12. The firm – which …
Business
Evening Standard
Holiday Inn owner InterContinental Hotels to launch new luxury brand in bid to grow as travel demand returns
InterContinental Hotel Group, owner of Holiday Inn and Crowne Plaza, revealed plans for a new luxury brand on Tuesday as it reported swinging back to profit. The FTSE 100 firm already owns high-end hotel chains Six Senses and Kimpton, which account for nearly a third of group sales. IHG now hopes to boost growth through …
Business
Business Live
Former Everton and Super League boss Robert Elstone joins PwC
Business
Business Live
The latest appointments, promotions, and moves in the Welsh business sector
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