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Euro News
Sandal maker Birkenstock next European company to file for Wall Street listing
Business
Euro News
ECB criticises Italy’s bank windfall tax plan
Business
Sky News
The Range strikes £5m deal to buy collapsed Wilko’s brand
The Range, the value retail chain, has struck a deal to buy the Wilko brand from its collapsed rival’s administrators.Sky News has learnt that The Range, founded and owned by Chris Dawson, has agreed to pay in the region of £5m for the Wilko name. The deal is expected to be announced later on Wednesday.It …
Business
Sky News
Four people face fraud charges over collapse of Patisserie Valerie
Four people have been charged in connection with the collapse of Patisserie Valerie – a bakery chain that once had almost 200 stores.The Serious Fraud Office (SFO) said it related to an investigation that began in October 2018 – just two days after the company abruptly suspended trading, with more than 900 jobs and 70 …
Business
Euro News
African Union to create own credit rating agency
Business
Business Live
Bristol-based complete construction partner Stepnell sees profits hit £1m
Bristol-based complete construction partner Stepnell has seen its profits reach over £1m. In its 2022/23 financial results the firm said it had secured 80% of its 2023/24 planned revenue budget, citing frameworks and repeat work as the main sources of procurement, including the SCAPE Regional Construction framework and Southern Construction Framework (SCF). Despite a “universal …
Business
Evening Standard
Some families could face higher bills this winter, Ofgem boss says
The boss of Ofgem has warned that bills could be higher for some households this winter despite a big drop in wholesale energy prices, as he vowed to fully focus on ensuring customers are protected this winter.Jonathan Brearley said that the lack of Government support this winter when compared to last, means that bills are …
Business
Euro News
UK economy slumps amid strikes and rain
Business
Euro News
BP boss quits over relationships with colleagues
Business
Sky News
Heatwaves and washouts mean the economic weather is fluctuating wildly too
Economic forecasting, like predicting the weather, is an inexact science. You take the best available data, compare it to historical and more recent trends, perhaps chew your pencil, then make your best informed prediction. In recent months however, charting the UK’s economic course has been as tricky as second-guessing the British summer.As heatwaves have been …
Business
Sky News
Economy contracts by worse than expected 0.5% in July, official figures show
The UK economy contracted by 0.5% in July – with early official figures suggesting that strikes and the summer washout had an impact.The Office for National Statistics (ONS) said the decline – which was worse than many economists had expected – followed an unrevised 0.5% increase in gross domestic product (GDP) over the previous month. …
Business
Euro News
Chipmaker Arm is launching the biggest IPO of the year – Apple and Samsung are among the buyers

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