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Sky News
How fiscal rules are impeding long-term investments – and what Rachel Reeves can do about it
Before we get onto the budget and what Rachel Reeves might do to fiddle her fiscal rules and give herself a little more room to spend, I want you to ponder, for a moment, a recent report from the Office for Budget Responsibility (OBR).This wasn’t one of those big OBR reports that get lots of …
Business
Sky News
Compare the Market investor plots sale of stake in £4.5bn price comparison site
An investor in one of Britain’s most popular price comparison sites is exploring the sale of its stake in a deal that could value it at more than £4bn.Sky News has learnt that the Canada Pension Plan Investment Board (CPPIB) is lining up advisers to assess whether to sell its 30% holding in Compare the …
Business
Business Live
Cheshire East Council abandons Crewe baths transformation and opts for new school development
Cheshire East has agreed to abandon plans for transforming a former Crewe swimming baths complex into a community hub, and will now seek government approval to repurpose the site for a school. The economy and growth committee was informed this week that the cost of the proposed scheme, spearheaded by the Always Ahead charity, has …
Business
Sky News
Ministers plot Whitehall shake-up in inward investment drive
Ministers are plotting a shake-up of Britain’s drive to attract inward investment days before a summit they will claim demonstrates the country is “open for business”.Sky News has learnt that officials are drawing up plans to merge the Office for Investment – a joint venture between the Department for Business and Trade and Number 10 …
Business
Evening Standard
South Africa is best value long-haul holiday destination – report
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.South Africa has regained its position as the best value long-haul holiday destination for UK travellers, according to a new report.Local price …
Business
Sky News
UK risks losing AI leadership without data strategy
The UK needs a strategy to meet growing demand for data centres or risk losing its advantage in the race to develop artificial intelligence (AI), one of the sector’s largest players has told Sky News.Data centres – warehouses housing processors that power cloud computing – are central to the digital economy. They provide the power, …
Business
Evening Standard
SNP brands UK Government ‘clueless’ over carbon capture decision
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The SNP has accused the UK Government of being “clueless” for favouring two carbon capture projects in England over one in Scotland.Prime …
Business
Evening Standard
FTSE 100 finishes in the red despite US jobs boost
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The FTSE 100 finished slightly down after a mixed day on Friday, as rising oil prices and strong US jobs figures prevented …
Business
Evening Standard
Marston’s set to reveal stronger sales despite damp summer
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Pub group Marston’s is expected to report stronger sales for the past year despite wet weather dampening summer trade.The group, which runs …
Business
Sky News
Private equity backer picks bankers to tee up sale of country club group
The owner of one of Britain’s biggest chains of country clubs has hired bankers to oversee a sale of the business.Sky News has learnt that Epiris, the private equity firm, has appointed DC Advisory to run an auction of The Club Company that could kick off as soon as this year. Buyout industry sources said …
Business
Business Live
Georgian hotel in Exeter sold to family-owned operators
A Georgian-era hotel in Exeter has been sold off for an undisclosed sum. The Harries-Jones family, who own and operate the Galaxie Hotel in Oxford, has taken over Queens Court Hotel in the city centre. The Grade II listed property near Exeter St David’s and Central station has 20 guest rooms and currently operates as …
Business
Evening Standard
Private demand for new diesel cars growing faster than for EVs
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Private demand for new diesel cars is growing faster than for pure battery electrics, new figures show.The Society of Motor Manufacturers and …

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