Latest Stories
All Stories
09.02.2023 - 07:12
Business
Sky News
Consumer goods giant Unilever expects price growth throughout 2023
The company behind many popular consumer brands including Marmite and Magnum ice creams has said it expects price growth to ease later this year but not find a reverse gear.As the cost of living crisis continues to harm household spending power, Unilever forecast a €1.5bn (£1.3bn) impact from inflation during the first half of its …
08.02.2023 - 21:05
Business
Sky News
Disney to axe 7,000 jobs in bid to cut costs
Around 7,000 jobs are to go at Disney – about 3.6% of the workforce – as a multi-billion dollar cost saving restructuring was announced by chief executive Bob Iger in his battle to improve the company’s finances.It was Mr Iger’s first quarterly results announcement since he retook control of the entertainment giant in late November …
08.02.2023 - 13:42
Business
Sky News
Tax and benefits system ‘more progressive in Scotland than rest of UK’
The tax and benefits system in Scotland is more progressive than elsewhere in Britain, a report has said.The Institute for Fiscal Studies think tank said that, by April, the poorest 10% of Scottish households are set to have incomes £580 (4.6%) per year higher than they would under the system in England and Wales. Tax …
08.02.2023 - 12:07
Business
Sky News
Microsoft’s $69bn takeover of Activision a step closer to being blocked by UK watchdog
The UK’s competition watchdog has moved a step closer to potentially blocking Microsoft’s planned $69bn (£56bn) takeover of Call of Duty gaming firm Activision.In a provisional ruling, the Competition and Markets Authority (CMA) said the proposed tie-up could lead to higher prices, fewer choices and less innovation for UK gamers. The massive deal, first announced …
08.02.2023 - 10:38
Business
Sky News
TP Icap shelves Parameta sale talks despite investor pressure
TP Icap Group, the London-listed interdealer broker, has shelved talks about a sale of its data division despite coming under pressure to return more cash to investors.Sky News understands that TP Icap held discussions with a number of potential buyers – including large buyout funds – of Parameta, its high-margin data operation in recent months. …
08.02.2023 - 10:26
Business
Business Live
Innes England: Tough East Mids commercial property market could bounce-back after shock of ‘Trussonomics’
Management at one of the region’s leading commercial property agencies are hopeful the market will start to improve this year following the economic meltdown caused by the short-lived Liz Truss Government. According to the 16 th annual Innes England Market Insite report, 2023 could see the green shoots of recovery after total regional investment in …
08.02.2023 - 10:00
Business
Business Live
£3m apartment block at old dairy site nears completion
An old dairy in Rhyl is being turned into a £3m apartment block offering 18 flats for social housing. The disused dairy on Victoria Road in the seaside town has been demolished to make way for a four-storey building following funding from the Denbighshire County Council and the Welsh Government. The redevelopment is being led …
08.02.2023 - 09:59
Business
Business Live
Bristol TV production studio acquired by French media giant
A Bristol TV production company has been acquired by a French media giant for an undisclosed sum. Wildseed Studios has made programmes for major networks and streaming platforms, such as The Last Bus on Netflix and the animated series Dodo , which has appeared on Sky Kids, CITV, Cartoon Network and HBO Max. The children’s …
08.02.2023 - 09:57
Business
Business Live
Record contract for shelving and racking specialist Filstorage as it enters 30th anniversary year
Design and fit-out specialist Filstorage has completed the biggest single job in its 30 years of trading. The East Yorkshire business provided final design plans then supplied and fitted racking and shop shelving for a brand new £4.5 million builders’ merchant depot in the North East. The £230,000 contract was for James Burrell in Billingham, …
08.02.2023 - 09:47
Business
Business Live
Britain’s biggest homebuilder hoping better mortgage deals could stimulate UK housing market
Britain’s biggest housebuilder said better mortgage deals could lead a recovery in the market this year. Barratt Developments said things could start easing, after reservations dropped 57 per cent in the final months of 2022 – following the disastrous Liz Truss/Kwasi Kwarteng mini-Budget which caused a meltdown in the markets and higher interest rates. The …
08.02.2023 - 09:02
Business
Evening Standard
Virgin offers sub-4% five-year fix for new purchases
Virgin Money has become the first lender to offer a sub-4% mortgage for new purchases since Liz Truss and Kwasi Kwarteng’s mini-budget sent rates skyrocketing.While HSBC launched a five-year fix at 3.99% yesterday, that deal was only available to those who are remortgaging or switching rates. Virgin’s offer will be the first sub-4% deal since …
08.02.2023 - 08:54
Business
Evening Standard
PZ Cussons cheers Imperial Leather TV ad success as profits rise in tough market
PZ Cussons’ first Imperial Leather television campaign in seven years has helped reinvigorate declining sales of the soap brand as the group’s half-year profits leapt higher despite cost pressures.The healthcare and consumer goods firm – which also owns brands including Original Source, Childs Farm and Carex – said it had seen a positive response to …
←
1
…
427
428
429
430
431
432
433
…
1,169
→