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Evening Standard
FTSE 100 set for slow start as City awaits Bank of England decision on interest rates
The FTSE 100 was set to stay stuck below 7100 today in a flat start ahead of the Bank of England’s key decisions on interest rates.The Bank is expected today to keep the cost of borrowing at its near-zero levels and leave the QE taps on, albeit with dissent from the outgoing chief economist Andy …
Business
Sky News
Malta and Ibiza could be added to travel list – but Merkel says UK arrivals in EU should quarantine
Malta and the Balearic Islands – which include Ibiza, Mallorca, Minorca and Formentera – could be added to the quarantine-free green list today.The government is due to update its traffic light system and latest travel advice amid calls from holidaymakers and travel firms for more countries to be moved from the amber list – and …
Business
Sky News
Machine that can ‘sniff out’ COVID goes on trial in North East
A revolutionary new system which can detect COVID-19 particles in the air is being trialled in the North East. Its developers say it could help provide early warning of the spread of COVID-19 or other viruses, enabling a more rapid response to potential outbreaks. Two units, which are about the size of an office printer, are …
Business
Evening Standard
GlaxoSmithKline shareholders welcome Emma Walmsley plan on demerger
Shares in GlaxoSmithKline jumped as investors reacted to chief executive Emma Walmsley’s crunch update on her plans for the pharmaceuticals giant.Walmsley is splitting off the group’s vast consumer healthcare joint venture into a separate FTSE 100 company next year.Shareholders told the Evening Standard they were “relieved” that the company had opted to do the split …
Business
Sky News
Who would buy Channel 4, leasehold market shake-up and global threat to cotton
As the government looks for buyers for Channel 4, we hear from a media analyst on who might be interested. Plus the competitions regulator explains who will benefit from a clampdown on freeholder charges – and a cotton expert tells us how global heating is threatening the industry.:: Listen and subscribe to The Ian King …
Business
Sky News
Bank of Ireland nears return to private hands after financial crash bailout
Few countries were as badly scarred by the global financial crisis as Ireland.The economy previously described as a ‘Celtic Tiger’ was rendered a neutered tabby almost overnight as a colossal decade-long bubble in property burst. Dublin was forced to seek a €67.5bn bailout – equivalent to two-fifths of Irish GDP – from the International Monetary …
Business
Sky News
Inflation pressures build as pace of economic rebound ‘appears to have peaked’
Inflation pressures facing UK firms hit record levels this month – amid signs that the pace of the economy’s rebound from the coronavirus crisis may have peaked.Growth in business activity in June slipped back slightly from record levels seen the month before according to the latest “flash” UK purchasing managers’ index (PMI). The survey’s measure …
Business
Business Live
Hilton Hotel in centre of Cardiff bought by private investor
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Business
Business Live
Banking giant to close a further 44 Lloyds and Halifax branches
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Business
Business Live
Meet the Grimsby sisters combatting climate change from their home town
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Business
Evening Standard
GlaxoSmithKline chief Emma Walmsley unveils crunch plan for decade of growth
GlaxoSmithKline chief Emma Walmsley today declared the under-fire drugs giant was set to deliver “a step change in growth” over the next decade as she set out her key strategic goals in the most important day of her career.Walmsley is in the process of splitting off the company’s vast consumer brands arm but has come …
Business
Business Live
Briggs Equipment completes acquisition of plant hire firm
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