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Bank of Ireland creates 100 tech all-island jobs to accelerate digitalisation
Bank of Ireland has created 100 technology jobs based across the island of Ireland. The bank said the hybrid roles will be focused on a number of digital projects as it grows its technology offering for customers. It is developing new customer features on digital channels, building out its cyber security and delivering against the …
Business
Business Live
Look inside proposed landmark student apartment tower as plans submitted
A property giant has submitted plans to build a 14-storey student apartment tower in Manchester city centre. Vita Group, which was set up by Stockport County owner Mark Stott, is seeking to create 576 beds with the First Street development. House of Social would be designed for second and third year students “who have established …
Business
Business Live
How Vita Group’s House of Social could look
Business
Evening Standard
Huge surge in demand for plant-based dishes gives ugly vegetable a boost
Demand for a vegetable that is widely considered to be one of the ugliest has surged due to the plant-based food revolution, a grower has said.Jack Buck Farms, based near Spalding, Lincolnshire, is planting 50% more celeriac than five years ago as a result of growing demand for the straggly-rooted vegetable.It describes itself as the …
Business
Business Live
Newcastle Building Society mortgage lending passes £1bn mark amid focus on first time buyers
Mortgage lending at Newcastle Building Society has surpassed £1bn, new results for the organisation show. The North Tyneside-based mutual said it had weathered many market challenges in 2022 and its focus on lending to first time buyers with typically smaller deposits had helped it increase net core residential lending to £586m, up from £330m the …
Business
Evening Standard
Pearson boosted by English testing as borders reopen
Education publisher Pearson saw a big boost to the part of its business teaching English as borders reopened and people started travelling again after Covid.The number of students taking its English language test rose by 90% as it also won a higher market share in India, the business said.“Education specialist (Pearson) has reported better-than-expected full …
Business
Evening Standard
Rightmove says it is untroubled by cooling off in the property market
Online real estate agent Rightmove does not expect to be significantly affected by a wave of uncertainty rippling through the property market which has forced some housebuilders to dramatically cut the number of homes they expect to sell.The business said that its costs are unlikely to rise in a “material” way this year, and added …
Business
Sky News
Microchip designer snubs London by choosing New York Stock Exchange despite PM’s efforts
A major Cambridge-based microchip designer has decided not to list on the London Stock Exchange, despite lobbying from three UK prime ministers.Arm, the Japanese-owned and Cambridge-headquartered company, announced on Thursday night it would list on the New York Stock Exchange, snubbing the City of London. Its owner, the giant Japanese technology investor SoftBank, spent $32bn …
Business
Evening Standard
FTSE climbs despite higher European inflation
The FTSE nudged higher on Thursday as European markets held up in the face of hot eurozone inflation data.Consumer Price Index (CPI) inflation surpassed expectations, creating caution among traders, but a number of positive earning updates meant the FTSE 100 was among indexes to make gains during the session.London’s top flight moved 0.37%, or 29.11 …
Business
Sky News
Chinese leisure giant Fosun puts Thomas Cook in departure lounge
The Chinese owner of Thomas Cook is plotting an outright sale of the British holiday brand three years after it rescued the name from corporate ignominy.Sky News has learnt that Fosun Tourism Group is in preliminary discussions with a number of potential purchasers of the online travel agent (OTA). Fosun, which is part of the …
Business
Evening Standard
Ofgem sets out early grid plan that could save billions of pounds
Tapping into the millions of electric vehicles, heat pumps and other devices that are set to be connected to the UK’s electricity grid could save up to £4.7 billion a year by the end of this decade, Ofgem said.The energy regulator set out a skeleton vision of what could be one of the biggest changes …
Business
Sky News
UK stock market relocations to New York do not amount to a crisis | Ian King
Looking at recent headlines, one could be forgiven that there is a host of UK-listed companies packing their bags and preparing to head to New York.Today brought news that CRH, the world’s biggest supplier of building materials, is moving its main listing from London to New York – in the process depriving the FTSE 100 …

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