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Business Live
Welsh vineyard beats world’s leading producers to international award
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Business
Business Live
ADVERTORIAL: Tech innovation wows judges at Royal Society of Chemistry competition
The judges were left impressed by the outstanding showcase of cutting-edge science at the 2021 final of the Royal Society of Chemistry’s Emerging Technologies Competition. The event, now in its ninth year, sees tech innovators and start-ups pitching their potentially life-changing and ground-breaking ideas to an experienced judging panel in a bid to win support …
Business
Business Weekly
Darktrace upgrades revenue forecasts after stunning last year
Cambridge cyber security AI world-leader Darktrace has upped its revenue forecasts by around 44 per cent for the year to June and saw its UK share price rocket 67p to 645.30p and market cap climb to a staggering £4.52 billion. Both the stock and the market cap are significantly more than double the level at …
Business
Business Live
The face mask rules in Wales as nation eases out of lockdown restrictions
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Business
Evening Standard
Revolut booms to become Britain’s highest valued fintech firm
REVOLUT, the self-described financial superapp, today raised $800 million from investors in a deal that makes it the most valuable fintech business in Britain with a supposed worth of $33 billion.That’s a fairly astonishing valuation for a business that has only just turned profitable, does not yet have a banking licence and was worth around …
Business
Business Live
£70m of bids made for new Derby concert venue plus new Infinity Garden Village
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Business
Evening Standard
Drug companies fined £260 million for ‘colluding to overcharge the NHS by hundreds of millions of pounds’
Drug companies ripped off the NHS by buying off potential rivals to their medicines to stop them competing, leading to scandalous price rises to the cash-strapped health service of more than 10,000%, regulators said today.The Competition and Markets Authority said it had levied fines totalling more than £260 million on firms which prevented others offering …
Business
Business Live
Opening date set for Bobby’s department store in Bournemouth
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Business
Sky News
Two drug companies fined £260m for swindling NHS over ‘life-saving medicines’
Two pharmaceutical companies have been fined more than £260m by the UK’s competition watchdog after the pair colluded to overcharge the NHS for almost a decade.Drugmakers Auden McKenzie and Accord UK, formerly called Actavis UK, charged the NHS excessively high prices for hydrocortisone tablets, costing the taxpayer hundreds of millions of pounds, according to the …
Business
Sky News
Test and trace pings could shut down factories, government warned
Factories across the country are on the verge of shutting down due to isolation warnings from the test and trace app, the UK’s manufacturing union Unite has claimed.The union says it has been warned by a number of companies, particularly in the automotive sector, that swathes of staff are being advised to self-isolate by the …
Business
Sky News
Car maker Rolls-Royce ‘approaching critical point’ over COVID alert worker absences
Car maker Rolls-Royce said it was “approaching a critical point” due to workers having to self-isolate and may have to halve production if the trend continues.The company, owned by Germany’s BMW, said it was “extremely concerned” at the number of staff at its manufacturing site in Goodwood, West Sussex, being ordered to stay at home …
Business
Evening Standard
Pay jumps as economy re-opens for business
PAY is booming as the jobs market recovers and vacancies go above pre-pandemic levels.Figures from the ONS today show that pay was rising at 7.3% in the quarter to May, higher than economists expect.That is a sign of employers putting up wages as they try to lure staff as the economy re-opens. It could also …

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