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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
Business
Sky News
Poundland to take over up to 71 Wilko stores
A deal has been struck for the owners of Poundland to take over the leases of up to 71 Wilko stores.The Pepco Group will rebrand the branches under the Poundland name, administrators PwC said. In a statement, Poundland said it would give priority to Wilko workers when hiring new staff for the shops.It comes after …
Business
Euro News
Swedish government to increase defence spending amid NATO bid
Business
Euro News
Apple set to launch new iPhones amidst sales slump
Business
Sky News
Wages, groceries and the future of The Telegraph
On today’s episode, Ian King speaks to the head of retail at Kantar about prices at the supermarkets. He also discusses how wages are outstripping inflation for the first time in two years. And Ian speaks to our City editor Mark Kleinman about the future of The Telegraph.:: Listen and subscribe to The Ian King …

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