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ADVERTORIAL: How an advisory board can help business owners overcome loneliness and take on their biggest challenges
Running your own business is no mean feat, and small business owners can find themselves faced with all kinds of challenges that they may not be prepared for. From knowing which marketing will be most effective, to struggling with the loneliness that comes with being the leader, there are plenty of hurdles to tackle when …
Business
Evening Standard
Energy bills to rise despite estimated reduction to Ofgem price cap – analysts
Energy bills will rise by an average of £500 a year despite an expected reduction in Ofgem’s price cap, analysts expect.The energy regulator is expected to announce on Monday that it will drop its cap on the amount energy suppliers are able to charge by around £1,000 to £3,295, effective from April 1, according to …
Business
Evening Standard
Londoners did £7.3 billion worth of unpaid overtime work last year
Londoners performed £7.3 billion worth of unpaid overtime work in 2022, far more than any other UK region.Research from the Trades Union Congress based on ONS data covering the third quarter of 2022 found that 16.7% of London workers did unpaid overtime work in 2022, more than any other region in the UK.With these employees …
Business
Sky News
Private equity pioneer Thomas Lee dies from ‘self-inflicted gunshot wound’
A billionaire financier, considered a pioneer of private equity investment, has been found dead in his New York office after reportedly taking his own life.While the family of Thomas (Tom) H Lee, who was 78, confirmed he had passed away there was yet to be any official confirmation from the New York Police Department (NYPD) …
Business
Evening Standard
Cineworld shareholders set to be wiped out as firm expects to exit bankruptcy
Cineworld hopes to be back from bankruptcy protection before the middle of the year, but the debt-ridden business expects any deal with its creditors will wipe out its shareholders.The world’s second-largest cinema chain said Friday that it had been approached by “a number” of potential suitors, but none of them had been willing to pay …
Business
Evening Standard
British Airways owner IAG returns to profit
British Airways owner IAG has returned to profit as the airline industry continues to rebound from Covid-19.The company said it made an operating profit before exceptional items of 1.26 billion euro (£1.1 billion) in 2022, a swing from a 2.97-billion-euro (£2.62 billion) loss the year before.All its airlines were profitable last year.Capacity across the group …
Business
Business Live
Leeds Building Society generates profit boost amid record £5bn mortgage lending
Record mortgage lending and savings growth has boosted performance at Leeds Building Society, which has warned of inaction on tackling the UK’s housing crisis. The historic mutual, which operates 50 branches, saw gross mortgage lending rise from £4.4bn to £5bn in 2022 as annual net savings inflows climbed from £1bn to £2.2bn during the year. …
Business
Sky News
Cineworld screens a ‘number’ of proposals as it looks to exit bankruptcy protection
Crisis-hit Cineworld says it has received a “number” of proposals for some or all of its business but none of them involve an all-cash bid for the entire company.The world’s second-largest cinema chain, which filed for US bankruptcy protection in September to try to restructure its debt and strengthen its balance sheet, said it also …
Business
Sky News
Retailers urge PM to overhaul £2bn waste recycling scheme
The UK’s biggest retailers will next week warn Rishi Sunak that the government’s waste strategy risks forcing prices up for consumers even as continued inflationary pressures exacerbate the cost-of-living crisis.Sky News has obtained the draft of a letter from the British Retail Consortium (BRC) – expected to be sent to the prime minister next week …
Business
Sky News
Russia’s economy has weathered the West’s sanctions – but how?
In the aftermath of Russia’s invasion of Ukraine, Western leaders heralded a sanctions regime that would cripple the country’s war machine. Joe Biden claimed Russia’s economy would be “cut in half”, while Boris Johnson spoke of squeezing it “piece by piece.” A year has passed, but that great promise has been slow to deliver. Please …
Business
Sky News
Ministers spark energy regulator board overhaul amid prepayment meter scandal
The government is preparing to replace a slate of Ofgem’s directors this year as the energy regulator faces intense criticism over its handling of the prepayment meters scandal.Sky News understands that the Department for Energy Security and Net Zero (ESNZ) has begun recruiting a new chair for the watchdog, as well as four non-executive board …
Business
Sky News
Hilton Metropole owner to end long-term stay with £500m sale
The owner of one of London’s biggest hotels is ending a six-year stay by putting it up for sale with a price tag expected to reach more than £500m.Sky News has learnt that Henderson Park, a real estate investor, is close to hiring advisers for the sale of the Hilton London Metropole hotel near Paddington. …

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