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17.10.2023 - 13:49
Business
Sky News
Kurt Geiger puts best foot forward with plan for £400m sale
The upmarket shoe retailer Kurt Geiger is being groomed for a £400m sale by its private equity backers.Sky News has learned that Cinven is working with advisers at Bank of America on a prospective auction of the brand. City sources said on Tuesday that a sale process was expected to begin in the coming months, …
17.10.2023 - 13:33
Business
Euro News
EU unlocks Single Market access for Western Balkans in exchange for reforms
17.10.2023 - 12:25
Business
Sky News
Investigation launched into marketing at leading boiler maker
The Competition and Markets Authority (CMA) has announced it is investigating leading boiler manufacturer Worcester Bosch over whether it has been misleading consumers by marketing a range of gas boilers as “hydrogen-blend ready”.The regulator – which is responsible for enforcing consumer protection law – said its focus will be on whether “claims made about these …
17.10.2023 - 12:11
Business
Sky News
Inflation stuck at 6.7% as petrol goes up but food prices drop
The rate of inflation failed to nudge downwards as expected last month, remaining at an annual rate of 6.7% according to official figures.The headline consumer prices index (CPI) measure had been predicted to slow to 6.6% in September by a Reuters poll of economists. The higher than expected number – largely a consequence of rising …
17.10.2023 - 11:34
Business
Euro News
UK pay overtakes inflation for first time in almost two years
17.10.2023 - 10:24
Business
Business Live
Cornwall speciality coffee roaster secures £1 million investment
A Cornwall coffee roaster has secured a £1m investment from the Cornwall & Isles and Scilly Investment Fund (CIOSIF). Managed by The FSE Group, the investment to Origin Coffee, is part of a £3.1m funding round with other investors including Create Impact Ventures and Yeo Valley. The funding will enable to Porthleven-headquartered business to further …
17.10.2023 - 09:47
Business
Euro News
Rolls-Royce to cut up to 2,500 jobs worldwide
17.10.2023 - 09:25
Business
Evening Standard
Bellway to slash number of homes built in 2024 and average selling price falls
FTSE 250 developer Bellway said it would slash the number of houses it plans to build next year, highlighting the extent of the slowdown in the market after the Bank of England’s long run of rate hikes.The Newcastle-based firm said it will cut the number of completions by almost a third. It will build “around …
17.10.2023 - 08:53
Business
Sky News
Electric truck maker Volta to collapse with 600 UK jobs at risk
Volta, the electric truck start-up, has revealed it is to collapse after supplier difficulties made it hard to raise funds.Volta said it would file bankruptcy proceedings in Sweden, where the group is based, and seek to appoint Alvarez & Marsal as administrators for its main UK operation where it has manufacturing and research and development …
17.10.2023 - 07:58
Business
Euro News
Here are the key leaders joining the Belt and Road forum and their Beijing wish lists
17.10.2023 - 06:51
Business
Sky News
Rolls-Royce confirms loss of up to 2,500 jobs
Engineering specialist Rolls-Royce has confirmed the loss of up to 2,500 jobs as it seeks to take a further grip on costs.The Derby-based firm, best-known for its aircraft engines, revealed its plans hours after Sky News reported that hundreds of UK staff were likely to be affected by the group’s global efficiency drive. It has …
17.10.2023 - 05:15
Business
Euro News
More than half of US citizens feel behind on their retirement savings – here’s how to buck the trend
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