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Evening Standard
London planning approvals lowest since 2008 as red tape and interest rates suppress housebuilding
The planning pipeline for new London homes is at its quietest since 2010 according to research out today, with soaring costs, interest rates and red tape all suppressing housebuilding activity.Property consultancy CBRE UK, using data from analysts Molior and the Department for Levelling Up, Housing and Communities, said new home applications submitted and granted, as …
Business
Euro News
BMW to invest £600 million in UK electric Mini plant
Business
Sky News
More Wilko job losses loom as Putman rescue deal collapses
Fears intensified on Monday morning over thousands of high street job losses at Wilko, the stricken value retailer, when a rescue deal involving the owner of HMV collapsed.Sky News has learnt that Doug Putman has ended talks with PricewaterhouseCoopers (PwC) over a slimmed-down deal to acquire about 100 Wilko sites. The transaction is understood to …
Business
Sky News
BMW to make new electric Mini in Oxford – as amount of taxpayer funding revealed
BMW is to build its next generation of electric Minis in Oxford after securing £75m in taxpayer support from the government.It comes as the German-headquartered car giant announced it would invest a total of £600m in the UK, including at its factory in the city and at a vehicle body-pressing plant in Swindon. Ministers say …
Business
Sky News
Sleep technology provider tries to awaken interest from buyers
A British-based sleep technology business is being put up for sale by its London-listed owner in a deal that could fetch tens of millions of pounds.Sky News has learnt that Cambridge Sleep Sciences (CSS), which develops and licenses sound technology to help users get better sleep, is to gauge interest from prospective buyers. City sources …
Business
Evening Standard
Cost-of-living crisis blamed for consumers cutting summer holidays short
Holidaymakers are taking shorter trips due to cost-of-living pressures, new figures show.Advantage Travel Partnership, a network of independent travel agents, said the average length of holidays sold by its members for this summer was 7.6 nights.The company’s chief commercial officer, Kelly Cookes, described this figure as “lower than I would expect it to be”, as …
Business
Business Live
Wootzano brings international agricultural leaders to Newcastle to witness robotics tech
International executives in the food and agricultural sector descended on Tyneside this week to see first hand cutting edge packing robots created by a North East innovator. Wootzano staged a showcase of its Avarai robotics system which can delicately pack soft fruit and vegetables without damaging them. The system is being touted as a ground …
Business
Euro News
One in four Europeans say their financial condition is ‘precarious’
Business
Sky News
Insolvency firms face crackdown in government shake-up
Insolvency firms face being formally regulated for the first time under reforms to be announced next week that will nevertheless fall short of a pledge to establish a new watchdog. Sky News has learnt that the Insolvency Service, which is part of the Department for Business and Trade, will unveil plans that will mean firms …
Business
Sky News
Cafe Rouge owner needs bigger table for swoop on Chiquito’s and Frankie & Benny’s
The owner of Cafe Rouge is in talks to buy Chiquito’s and Frankie and Benny’s, two of Britain’s best-known restaurant chains.Sky News has learnt that The Big Table, which is backed by the private equity firm Epiris, is negotiating the acquisition of the two brands from The Restaurant Group (TRG), the London-listed owner of Wagamama. …
Business
Euro News
Rugby World Cup: France get off to a flying start against New Zealand in opening game
Business
Euro News
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