Latest Stories
All Stories
28.04.2023 - 10:15
Business
Evening Standard
Rise in mortage lending lifts NatWest profits
A surge in first-quarter profit at NatWest helped by a rise in mortgage lending and low bad-loan rates added to signs of a rebound in the UK’s housing market todayThe high street lender lender reported a surge of around 50% in first quarter pre-tax profit of almost £1.8 billion, beating City forecasts. Nonetheless, it shares …
28.04.2023 - 10:10
Business
Business Live
One in six shops in Wales are vacant, new research shows
One in six shops in Wales is vacant, according to new research from the Welsh Retail Consortium. In the first quarter of this year the rate was 16.5%, compared to 16.3% in the final quarter of 2022. However, it was 0.4% improvement on Q1 of last year (16.9%). The vacancy rate in Wales is the …
28.04.2023 - 10:00
Business
Business Live
AU Vodka named the UK’s fastest growing firm
Swansea-based premium vodka venture AU Vodka has been revealed as the UK’s fastest-growing firm. According to the 2023 Growth Index, which is based on revenue growth over the last two year trading period, the company achieved a compound annual growth rate (CAGR) of 413%. Over the period its revenues rose from £1.6m (for which the …
28.04.2023 - 06:27
Business
Sky News
NatWest beats profit expectations with 50% hike on last year
NatWest has beaten expectations by recording a pre-tax profit of £1.8bn in the first three months of the year.This is well ahead of forecasts by analysts of £1.6bn for the quarter and more than 50% higher than the £1.2bn recorded this time last year. It follows rival bank Barclays posting a better-than-expected profit and its …
27.04.2023 - 10:28
Business
Business Live
The latest promotions at law firm TLT show the progress of women in the company over the past three years
Law frim TLT has promoted 10 colleagues to the position of partner. The latest round of updates confirm the Bristol-headquartered firm’s performance in progressing female talent, with women accounting for 66% of partner promotions in the last three years. Six colleagues from the firm’s commercial services group were promoted to partner, including Ayla Skene and …
27.04.2023 - 09:45
Business
Business Live
FA Cup final day to be hit by fresh strikes as train drivers prepare to walk out in long-running pay dispute
The FA Cup final between Manchester United and Manchester City could be impacted by fresh strikes by train drivers. Members of Aslef are set to walk out on June 3 as well as May 12 and May 31 in a long-running dispute over pay. The union said it has rejected a “risible” 4% pay offer …
27.04.2023 - 09:41
Business
Business Live
Interim CEO of Humber Freeport eyes creation of ‘powerful economic catalyst’
A key interim appointment has been made to complete the Humber Freeport set-up. Simon Green, deputy chief executive of North Lincolnshire Council, will navigate the final stages of the launch, establishing the company that will control it while ensuring conditions the government has set out for final approval are met. David Gwynee, who had been …
26.04.2023 - 11:29
Business
Sky News
Microsoft blocked in bid to buy Call of Duty game makers in world record deal – but vows to respond
The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard.The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal due to concerns that it would stifle competition in the cloud gaming market. It would have been the record highest price ever paid by a US tech company in an …
26.04.2023 - 11:15
Business
Sky News
US credit card giant Capital One swoops on concierge service Velocity Black
Capital One, the American credit card giant, is poised to swoop on a British luxury concierge service in a deal said to be worth hundreds of millions of dollars.Sky News has learned that Capital One Financial Corp has struck a deal to acquire Velocity Black, which was founded in 2014 and offers its well-heeled members …
26.04.2023 - 10:55
Business
Sky News
New CBI boss ‘profoundly sorry’ to women let down by business group
The new boss of the CBI says she is “profoundly sorry” to women who have been let down by the business lobby group.Rain Newton-Smith took over as director general on Wednesday after scores of high-profile companies announced they were suspending or ending their membership of the 58-year-old organisation following allegations of sexual misconduct and rape …
26.04.2023 - 10:32
Business
Sky News
It’s true to say the UK has become worse off. But some have felt the brunt more than others
When Huw Pill said, in a recent Columbia University podcast, that British people need “to accept that they’re worse off” the comments understandably hit a raw nerve.With the country going through a once-in-a-generation cost of living crisis, it’s hardly palatable to be lectured by a very well-paid former Goldman Sachs banker that we all need …
26.04.2023 - 10:13
Business
Business Live
Coal culled at Drax after 50-year contribution as carbon capture investment plan put on pause
Coal-fired power generation capability has come to an end at Drax with the final two units entering the decommissioning process. The poignant moment in the plant’s history and the journey to Net Zero comes almost 50 years after fossil fuels were first burned to produce electricity. It had initially planned to end earlier, but was …
←
1
…
359
360
361
362
363
364
365
…
1,171
→