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Sky News
Household bills, council tax and everything else getting more expensive from 1 April
Households and businesses are facing increased costs on a number of items and services today.Broadband, mobile and water bills are among those being hiked, along with corporation and council tax and energy charges for businesses. Here, Sky News explains what is affected – and what you can do if you’re struggling.WagesThe national minimum wage and …
Business
Evening Standard
Rolls-Royce shakes up leadership team amid revival efforts
Rolls-Royce has unveiled a shake-up of its leadership team after launching a strategic review into the company in a bid to become more profitable.Helen McCabe is set to become the British engineering giant’s new chief financial officer, stepping into the shoes of Panos Kakoullis later in the year.Ms McCabe will move from her current position …
Business
Business Live
B Corp Month marked in Bristol with giant animation on Tobacco Factory
A Bristol-based creative agency is celebrating B Corp Month by projecting a giant animation onto the side of hospitality venue the Tobacco Factory. Something Familiar, which is based in the enterprise hub, said it was looking to inspire its clients to make positive changes. Its animation event is part of B Corp Month, which celebrates …
Business
Evening Standard
Lloyds and NatWest groups plan 81 new bank closures
Two of the UK’s biggest banking groups have announced plans to make big cuts to their branch networks this year, cutting more than 80 sites from around the country.Lloyds Group and NatWest Group have said that the sites in England, Scotland, Wales and the Isle of Man will close between July and November this year.The …
Business
Evening Standard
FTSE 100 Live: Bank shares falter after strong week; house prices down; Euro inflation dips
London’s main stock index started the last trading day of the first quarter of 2023 with gains, after a readout for the economy showed better growth in the final three months of last year.Elsewhere, Nationwide data revealed house prices declined again, while Dignity announced a £300 million loss.Live updatesShow latest updates 1680256485Banks shares falter after …
Business
Business Live
Cardiff energy tech firm secures contract with English housing association to decarbonise 1,000 homes
Cardiff-based energy tech firm Sero Technologies has secured a contract with one of England’s largest housing associations to decarbonise 1,000 properties. Sero has secured a contract to work with Sovereign, which is headquartered in Basingstoke, for the energy retrofitting of 1,000 homes across the South of England after the housing association was awarded £9.4m from …
Business
Business Live
Virgin Orbit cuts 675 jobs as it races to avoid collapse – report
Virgin Orbit is set to cut 675 jobs – about 85% of its workforce – after failing to secure new funding. Sir Richard Branson’s US satellite launch firm is racing to seal last-minute investment to stop the firm from collapsing, according to a Financial Times report. The entrepreneur is set to inject almost £9m to …
Business
Business Live
New Jet Zero proposals welcomed by team behind Humber’s sustainable aviation fuel refinery
The technology company behind a planned jet fuel refinery on the South Humber Bank has welcomed government proposals on supporting and financing the development of the industry. Velocys chief executive Henrik Wareborn said a consultation paper issued as part of a raft of environmental and energy measures on a Westminster day of action will help …
Business
Business Live
Councils vote in favour of East Midlands Devolution – now it’s up to Government to say yes
The four councils going for devolution in the East Midlands have formally voted in favour of the plans. Nottingham City Council, Derby City Council, Derbyshire County Council, Nottinghamshire County Council have agreed to proceed with the plans which they say could bring in benefits worth more than £1.14 billion. The councils have now agreed on …
Business
Sky News
UK house prices suffer biggest annual decline since 2009
House prices fell by 3.1% year-on-year in March, marking the biggest annual decline since July 2009, Nationwide Building Society said.The figures also showed a monthly price fall of 0.8% – the seventh consecutive fall – which leaves prices 4.6% below their August peak. The average UK house price in March was £257,122.Robert Gardner, Nationwide’s chief …
Business
Sky News
UK economy grew slightly and avoided recession, revised official figures confirm
Revised figures have confirmed that the UK economy avoided recession in the second half of last year, posting 0.1% growth in the fourth quarter.The original estimate for gross domestic product (GDP) between October and November, released in mid-February, had shown zero growth. A recession is generally defined in the UK as two consecutive quarters of …
Business
Business Live
Drax to enter talks over bioenergy carbon capture delivery imminently as deployment commitment made
Drax is to enter formal discussions with the government to take forward its huge £2 billion Bioenergy with Carbon Capture and Storage project. Energy Security and Net Zero Secretary Grant Shapps has today confirmed its commitment to support deployment by 2030. The plan for the huge power station in the Humber hinterland – a driving …

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