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York-based Green Building Renewables expands further into the South with JEM Energy acquisition
York cleantech business Green Building Renewables has expanded its nationwide network into the south after acquiring JEM Energy. Farnborough-based JEM Energy is the ninth company to join Green Building Renewables, enabling it to expand into South West London and the home counties as it grows on the back of demand for solar technology. The company …
Business
Evening Standard
Virgin Active taps shareholders for £70 million as cost-of-living pressures hinder post-pandemic recovery
Virgin Active has tapped its shareholders for £70 million in funding in a bid to keep its finances in check as it battles to attract customers to pay its premium membership fees amid cost-of-living pressures.The Richard Branson-backed business, which has over 20 gyms in London and charges between £99 and £310 for a monthly membership, …
Business
Euro News
Four-day week: Which countries have embraced it and how’s it going so far?
Business
Sky News
More financial pain to come as not all have felt full impact of increased borrowing costs, Bank says
Worse financial pain is to come, as many people have not yet felt the full impact of the increased cost of borrowing, the Bank of England has said in one of its latest health checks of the UK’s financial system.Higher interest rates, currently at 5.25% after a run of 14 hikes, have not yet been …
Business
Euro News
Unfair Chinese competition: EU plans anti-subsidy steel probe
Business
Euro News
France and Germany arm wrestle over EU electricity reform
Business
Euro News
Global GDP growth is lowest in decades, says IMF
Business
Sky News
IMF’s new predictions of doom for UK economy should be taken with a few pinches of salt
There are a few ways one could report the latest economic growth forecasts from the International Monetary Fund (IMF).The first way is to declare that Britain’s economy is heading for the buffers. Its economy will grow next year at the slowest rate in the G7 group of leading industrialised economies (0.6%). This is considerably lower …
Business
Sky News
Grocery inflation eases considerably in last month
The rate of grocery inflation eased considerably over the past month, part-aided by a “jump in the amount of money spent on offers”, according to a closely-watched study.Kantar Worldpanel, which records supermarket sales and price data, said the annual rate of grocery inflation fell back to 11% over the four weeks to 1 October. Its …
Business
Euro News
Europe can become energy self-sufficient by 2030, but it comes with a hefty price tag – study
Business
Sky News
Guest endorsement was the real surprise as Reeves targets Tory economic territory
Get Britain building again. Get the country growing again. Clamping down on waste. Making Britons better off…The funny thing about the messages coming from Rachel Reeves in her party conference speech today is that she is standing four-square in territory dominated by the Conservative Party only a few years ago. She wants to unblock the …
Business
Sky News
Nobel prize awarded to historian for gender gap research
An American economic historian who examined wage inequality between men and women with research experts believe will have “vast societal implications” has won the 2023 Nobel economics prize.The Royal Swedish Academy Of Sciences said Claudia Goldin was “surprised and very, very happy” to have won the prestigious award. The prize-giving body said the 77-year-old Harvard professor “provided …

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