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16.10.2024 - 10:09
Business
Evening Standard
Greggs to open first Champagne bar for Christmas
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Greggs is launching its first Champagne bar in which customers can pair the finest bottles with a menu of bakes and rolls …
16.10.2024 - 10:07
Business
Sky News
Energy services group Hometree lands £50m from Canadian giant CPPIB
A residential energy services provider backed by leading City investors has secured a £50m funding boost from one of the world’s biggest pension funds.Sky News understands that Hometree, which counts Legal & General (L&G) among its investors, will this week announce that it has agreed a mezzanine debt facility with a subsidiary of Canada Pension …
16.10.2024 - 09:51
Business
Sky News
Why a dark cloud still looms over the UK economy despite surprising inflation dip
A larger-than-anticipated fall in inflation last month to 1.7% is the latest gust of economic data to suggest the prevailing economic wind is favourable.The first dip below the Bank of England’s target rate of 2% in more than three years, it follows news that wage inflation is slowing, and comes a week after confirmation the economy …
15.10.2024 - 15:16
Business
Sky News
Trio in battle to buy stake in accountancy firm Grant Thornton UK
A trio of buyout firms have been shortlisted to buy a stake in the UK operations of Grant Thornton, one of Britain’s six biggest accountancy firms.Sky News has learnt that Cinven, EQT and New Mountain Capital – the backer of Grant Thornton’s US business – have made the cut in a process that could value …
15.10.2024 - 10:28
Business
Business Live
BBC newsreader and Dragons’ Den star among speakers at Black Business Show 2024
Dragons’ Den star Steven Bartlett, BBC newsreader Clive Myrie and British film director Fredi Nwaka are among speakers at the UK Black Business Show this week. The London-based conference – part of Black Business Week – was founded in 2017 by Raphael Sofoluke after he witnessed a lack of representation at events and panel discussions. …
15.10.2024 - 09:54
Business
Evening Standard
Schools and nurseries in Swinney’s constituency face closure during strike
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Primary schools and nurseries across Scottish First Minister John Swinney’s local area face closing for two weeks during strikes, the local authority …
15.10.2024 - 09:19
Business
Sky News
CBI in talks to sub-let parts of London headquarters
The CBI, the struggling business lobbying group, is in talks to sub-let parts of its vast London headquarters as it continues to seek cost-cutting opportunities in the wake of last year’s near-collapse.Sky News has learnt that the CBI has approached some of its trade association members to gauge their appetite to lease parts of the …
15.10.2024 - 09:00
Business
Sky News
Ofwat to name LEK Consulting as Thames Water ‘policeman’
Scrutiny of Thames Water, the crisis-hit utility, will intensify this week when the industry regulator appoints LEK Consulting as an independent monitor of the company.Scrutiny of Thames Water, the crisis-hit utility, will intensify this week when the industry regulator appoints LEK Consulting as an independent monitor of the company. Sky News has learnt that Ofwat …
14.10.2024 - 21:45
Business
Sky News
Bank of England currency printer De La Rue in £300m sale
An American predator is close to sealing a £300m swoop on a division of De La Rue, the Bank of England’s banknote printer, in a move that will herald a break-up of the historic company.Sky News can exclusively reveal that Crane NXT, a New York-listed industrial technology group, was on Monday night close to finalising …
14.10.2024 - 13:17
Business
Sky News
Chancellor ‘wouldn’t have any problems’ getting on P&O ferry – after previously criticising firm’s ‘disgraceful behaviour’
Rachel Reeves has said she “wouldn’t have any problems” getting on a P&O ferry following the fire-and-rehire scandal.The chancellor was asked to clarify her position after criticism by her colleagues almost derailed a planned investment announcement from the travel operator’s owner ahead of a crucial summit. Politics latest: Ex-Google boss tells PM what’s blocking investmentP&O …
14.10.2024 - 10:49
Business
Sky News
Ex-Google boss warns Starmer UK will fail to meet 2030 clean energy goal without fixing regulation
Google’s former boss has warned Sir Keir Starmer he will fail to meet his 2030 clean energy goal unless he fixes UK regulations.Eric Schmidt, Google’s former chief executive officer, said he believes Sir Keir can speed up regulation bureaucracy to ensure the government reaches its goal of decarbonising electricity by 2030. But he said regulation …
14.10.2024 - 10:29
Business
Business Live
Wren Kitchens owner sheds 1,000 staff as profit slumps year after Ebuyer sale
The group behind Wren Kitchens, West Retail Group, has seen its profits plunge to the lowest level since 2017, with sales dropping from a record high and 1,000 jobs being cut. Headquartered in Yorkshire, the company reported a pre-tax profit of £35.1m for 2023, as per the latest accounts filed with Companies House, as reported …
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