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Business Live
The latest promotions at law firm TLT show the progress of women in the company over the past three years
Law frim TLT has promoted 10 colleagues to the position of partner. The latest round of updates confirm the Bristol-headquartered firm’s performance in progressing female talent, with women accounting for 66% of partner promotions in the last three years. Six colleagues from the firm’s commercial services group were promoted to partner, including Ayla Skene and …
Business
Business Live
FA Cup final day to be hit by fresh strikes as train drivers prepare to walk out in long-running pay dispute
The FA Cup final between Manchester United and Manchester City could be impacted by fresh strikes by train drivers. Members of Aslef are set to walk out on June 3 as well as May 12 and May 31 in a long-running dispute over pay. The union said it has rejected a “risible” 4% pay offer …
Business
Business Live
Interim CEO of Humber Freeport eyes creation of ‘powerful economic catalyst’
A key interim appointment has been made to complete the Humber Freeport set-up. Simon Green, deputy chief executive of North Lincolnshire Council, will navigate the final stages of the launch, establishing the company that will control it while ensuring conditions the government has set out for final approval are met. David Gwynee, who had been …
Business
Sky News
Microsoft blocked in bid to buy Call of Duty game makers in world record deal – but vows to respond
The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard.The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal due to concerns that it would stifle competition in the cloud gaming market. It would have been the record highest price ever paid by a US tech company in an …
Business
Sky News
US credit card giant Capital One swoops on concierge service Velocity Black
Capital One, the American credit card giant, is poised to swoop on a British luxury concierge service in a deal said to be worth hundreds of millions of dollars.Sky News has learned that Capital One Financial Corp has struck a deal to acquire Velocity Black, which was founded in 2014 and offers its well-heeled members …
Business
Sky News
New CBI boss ‘profoundly sorry’ to women let down by business group
The new boss of the CBI says she is “profoundly sorry” to women who have been let down by the business lobby group.Rain Newton-Smith took over as director general on Wednesday after scores of high-profile companies announced they were suspending or ending their membership of the 58-year-old organisation following allegations of sexual misconduct and rape …
Business
Sky News
It’s true to say the UK has become worse off. But some have felt the brunt more than others
When Huw Pill said, in a recent Columbia University podcast, that British people need “to accept that they’re worse off” the comments understandably hit a raw nerve.With the country going through a once-in-a-generation cost of living crisis, it’s hardly palatable to be lectured by a very well-paid former Goldman Sachs banker that we all need …
Business
Business Live
Coal culled at Drax after 50-year contribution as carbon capture investment plan put on pause
Coal-fired power generation capability has come to an end at Drax with the final two units entering the decommissioning process. The poignant moment in the plant’s history and the journey to Net Zero comes almost 50 years after fossil fuels were first burned to produce electricity. It had initially planned to end earlier, but was …
Business
Business Live
Rochdale open talks with former chairman Chris Dunphy over potential investment in relegated club
Rochdale have opened talks with their former chairman over a potential investment in the club. The Dale have said they “openly engaged” with Chris Dunphy after their relegation from League Two was confirmed at the weekend. The defeat by Stockport County ended the club’s 102-year stay in the EFL. READ MORE: Click here to sign …
Business
Business Live
Big interview: Bristol’s Wiper and True brewery announces plans for growth including the opening of two new sites
Back in July 2022 BusinessLive caught up with Michael Wiper, co-founder of the popular Bristol-based brewery, Wiper and True. Mr Wiper described how, after the “gruelling” two years of the pandemic, the company had come out on top and managed to open its second venue in a huge industrial unit in Old Market. Less than …
Business
Sky News
‘We’re all worse off’: People urged by Bank of England to ‘accept’ being poorer
The Bank of England’s chief economist has urged people to accept they are poorer, warning inflation risks remaining stubbornly high.Huw Pill told a podcast that people and businesses have responded to higher bills and costs by asking for higher wages or charging their customers more money. His remarks echoed warnings from Bank governor Andrew Bailey …
Business
Evening Standard
Brits ‘need to accept they’re poorer’, says Bank of England economist
Britons must accept that they are poorer otherwise inflation will stay persistent, the chief economist of the Bank of England has said.Huw Pill said that people and businesses have responded to higher bills and costs by asking for higher wages or charging their customers more money.But this, he said, adds to inflation, pushing up prices …

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