Latest Stories All Stories

Business
Business Live
Project developing low carbon platforms for floating offshore windfarms secures £1m funding boost
A project supporting the development of floating offshore windfarm platforms in the Celtic Sea using low carbon steel has secured nearly £1m in innovation funding. The Launchpad initiative, led by Swansea-based Marine Power Systems (MPS), will support the development of its platforms made from low Co2 steel sourced from Tata Steel UK’s Port Talbot steelworks. …
Business
Sky News
Party supplies retailer Wonder on brink of administration
A party supplies retailer and distributor is teetering on the brink of administration after being hit by a downturn in consumer spending.Sky News understands that Wonder Group, which was previously known as Amscan, was on Monday preparing to file a notice of intention to appoint Interpath Advisory to handle an insolvency process. Sources said the …
Business
Evening Standard
Tory election win unlikely says ‘realist’ Shapps as Farage seeks to woo voters
A Conservative General Election victory is unlikely, a Cabinet minister has acknowledged, in the latest sign that the Tory campaign is now focused on saving as many seats as possible to form an effective opposition.Grant Shapps said he is a “realist” and would not “try and pretend black is white” by claiming the Conservatives are …
Business
Evening Standard
UBS offers to reimburse former Credit Suisse customers 90% of Greensill funds
Swiss banking giant UBS has offered to pay former Credit Suisse customers 90% of the funds they invested with failed specialist finance firm Greensill Capital.UBS said the offer, which was launched on Monday, will remain open until July 31 and that it would put by 900 million US dollars (£710 million) in the second quarter …
Business
Evening Standard
Steady demand for workers as recruiters place 1.7m job adverts
The number of job adverts has settled at about 1.7 million amid steady demand for workers, according to recruiters.The Recruitment and Employment Confederation (REC) said the figure had remained roughly the same for months.Chief executive Neil Carberry said: “The number of active job adverts remains above 1.7 million which shows steady demand for workers despite …
Business
Evening Standard
Bank of England set to hold rates to avoid ‘rocking the boat’ pre-election
Hopes that the Bank of England could start cutting interest rates this month could be dashed as experts expect policymakers not to “rock the boat” in the run-up to the General Election.The central bank is due to announce its latest decision on interest rates on Thursday.The Bank’s Governor, Andrew Bailey, said last month that he …
Business
Euro News
Pilots to announce decision of Aer Lingus strike ballot after contested first round
Business
Evening Standard
Kingfisher swoops for British Land CFO Bhavesh Mistry to replace Bernard Bot as finance chief
Kingfisher, the owner of B&Q, announced the departure of its finance chief today, as a boardroom shake-up followed a string of profit warnings which had left the City on watch for top-level management changes.  Bernard Bot will “retire” from the FTSE 100 firm, after being in the job since 2019. He will be replaced by Bhavesh Mistry, …
Business
Sky News
UK house prices still at ‘record high’ as market remains ‘steady’
House prices have been flat in recent weeks but the market overall remains “steady”, according to new figures from a leading property website.Rightmove said there was 0% growth in the four weeks to 8 June, compared with the previous month. The average price of a property coming to the market was £375,110 during the period …
Business
Euro News
London regains markets crown as France slips amid political uncertainty
Business
Sky News
Fuel prices ‘kept high while Britain distracted by election’
Fuel retailers have been accused of using the “distraction” of the general election to keep petrol and diesel prices “persistently high”.The RAC said the cost of filling up at the pumps was “far higher” than would normally be expected as wholesale costs had fallen since the end of April. The average price of a litre …
Business
Euro News
Market lookahead: All eyes set on BoE, SNB and RBA rate decisions

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources