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Sky News
Energy price cap to be lifted to help companies with unpaid bills
The energy price cap is set to be lifted to help suppliers recover a record £3bn of bad debt accrued through unpaid gas and electricity bills, the industry regulator has announced.Ofgem said on Friday it was consulting on proposals for a one-off cap adjustment of £16 – equivalent to around £1.33 a month – to …
Business
Euro News
Firms face sanctions for overlooking harmful impact of business partners
Business
Sky News
Analysis reveals the workers that could be in shorter supply after visa rules change
Software programmers, IT specialists and chefs could be in shorter supply when an increased minimum salary for skilled worker visas kicks in next year, according to analysis conducted for Sky News.Currently companies sponsoring a skilled worker from overseas for a visa have to pay a minimum salary of £26,200, but that will increase to £38,700 …
Business
Sky News
Bank of England holds interest rate and its opposition to prospect for cut
The Bank of England has left interest rates on hold for the third successive meeting, insisting that it is determined to keep borrowing costs at their 5.25% level for some time.Unlike the Federal Reserve, which dropped heavy hints at its latest meeting yesterday that it is preparing for multiple cuts in US interest rates next …
Business
Sky News
Interest rate held at 5.25% for third time by Bank of England
The Bank of England has left interest rates on hold for the third successive meeting, insisting that it is determined to keep borrowing costs at their 5.25% level for some time.Unlike the Federal Reserve, which dropped heavy hints at its latest meeting yesterday that it is preparing for multiple cuts in US interest rates next …
Business
Euro News
UK retailer Tesco recalls potentially moth-filled Christmas stuffing
Business
Sky News
TalkTalk gets arms around Shell broadband base in deal with Octopus
The broadband empire founded by Sir Charles Dunstone is to acquire nearly half a million retail customers following Shell’s decision to exit the British residential energy market.Sky News has learnt that TalkTalk Telecom has clinched a deal to absorb the 480,000-strong broadband customer base of Shell Energy Retail UK from Octopus Energy. An agreement, for …
Business
Sky News
Rajasthan Royals owner goes into bat with $650m valuation
The majority-owner of the Rajasthan Royals Indian cricket franchise has struck a deal to sell a stake at a $650m valuation, underlining the surge in investor interest in the sport’s newest formats.Sky News has learnt that Emerging Media Ventures (EMV) is raising $80m from the sale of shares to US-based fund Footpath Ventures. Heritage Advisors, …
Business
Evening Standard
Serco forecasts profits hike in 2023 and next year
Business
Business Live
Concrete nanotech firm Concretene signs development deal in ‘significant step’ that could take graphene blend global
Concrete nanotechnology business Concretene has signed a development deal with a major manufacturer as it moves toward commercialising its carbon-cutting tech. Manchester-based Concretene has come to an agreement with piling and pre-cast concrete manufacturer Roger Bullivant to supply its graphene-enhanced admixture that reduces embodied carbon in concrete. The company has secured £1.2m in Government backing …
Business
Euro News
Judges uphold Amazon’s sweetheart Luxembourg tax deal
Business
Sky News
Complaints about car finance and motor insurance hit five-year high
The financial ombudsman has reported a surge in complaints about car finance and motor insurance, with each standing at a five-year high.The Financial Ombudsman Service (FOS), which is a free arbiter of complaints between consumers and financial services businesses, revealed its latest claims volumes amid a leap in costs for many products under its remit. …

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