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Evening Standard
Heatwaves and cost of living ‘spark surge in holidays outside summer’
Business
Sky News
Company insolvencies rise by 10% in a year amid warnings of growing distress among firms
Company insolvencies across England and Wales were up 10% in the last quarter compared to the same period last year, according to official figures, as a separate report warns of a leap in financial distress.The Insolvency Service reported 6,208 registered company insolvencies between July and September, compared to 5,635 between the same three months in …
Business
Sky News
BP maintains shareholder returns despite easing of profits
BP has revealed a drop in third-quarter profits, largely due to weaker energy prices, but maintained its rewards for shareholders.The company reported underlying replacement cost profit, its main pre-tax measure, of $3.3bn (£2.7bn) for the three months to September. The sum had stood at more than $8bn in the same period a year ago and …
Business
Euro News
Energy crisis: Who has the priciest electricity and gas in Europe?
Business
Sky News
‘Significant’ increase in use of buy now pay later with frequent users more likely to be in financial difficulty
There has been a “significant increase” in the number of people using Buy Now Pay Later options to purchase items, with those frequently using the service more likely to be in financial difficulty, the finance regulator has said.Roughly 14 million people, 27% of UK adults, used Buy Now Pay Later (BNPL) to purchase something in …
Business
Euro News
Weakening UK housing market: Mortgage approvals fall to lowest in eight months
Business
Euro News
McDonald’s revenue jumps 14% as Big Macs lure diners despite higher prices
Business
Sky News
Hundreds of workers made redundant at window seller Safestyle – as customers told orders won’t be fulfilled
Around 680 staff have been made redundant at window and door manufacturer and seller Safestyle. The business has gone into administration and the GMB union had expected up to 600 job losses. But on Monday, administrators Interpath Advisory said the number of redundancies was about 680.Only 70 of the roughly 750 staff have been retained.Customers …
Business
Euro News
European gas prices soar after Egypt reports zero imports
Business
Euro News
HSBC announces $3 billion buyback despite missing profit expectations
Business
Sky News
PizzaExpress hires Goldman after proposal to take slice of Wagamama-owner
PizzaExpress tabled a secret proposal to reverse into Wagamama’s London-listed parent earlier this year, setting the scene for it to gatecrash an agreed private-equity takeover of the company.Sky News has learnt that Wheel Topco, which owns PizzaExpress Group, lodged the idea of a combination with The Restaurant Group’s (TRG) board several months ago. As part …
Business
Business Live
Airbus awarded MOD satellite communications contract
Airbus has been awarded a military satellite communications systems contract by the Ministry of Defence. The aerospace giant will provide post-design services to allow for an upgrade to the UK’s SKYNET military satellite communications systems. Like this story? Why not sign up to get the latest South West business news straight to your inbox. The …

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