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15.02.2023 - 08:49
Business
Business Live
ADVERTORIAL: How to get expert advice for your business
Business leaders have admitted to feeling lonely in the current economic climate, saying they shoulder the responsibility of running a business alone. Many believe a fresh, outside perspective would help them to make better business decisions. Be the Business, which inspires leadership teams to create and deliver greater productivity by connecting them to curated expertise, …
15.02.2023 - 08:13
Business
Evening Standard
Inflation eases back again to 10.1% as air fares and fuel costs come down
The rate of inflation slowed slightly last month to 10.1 per cent, official figures reveal on Wednesday.It was the third successive monthly fall in the inflation rate but the CPI remains close to 40-year highs and is not expected to fall more significantly until the summer. Rishi Sunak has pledged to halve the rate of …
15.02.2023 - 06:00
Business
Business Live
East Midlands Airport gearing up for busy 2023
Management at East Midlands Airport are confident passenger numbers this summer will be close to where they were pre-pandemic. Following the economic shock of Covid 19 the Castle Donington Airport has been busy recruiting fort 100 positions in areas such as ground handling, food and drinks, retail and car rental to meet anticipated demand. It …
15.02.2023 - 04:37
Business
Sky News
Failure of UK’s first satellite launch explained by Virgin Orbit
The first satellite mission from UK soil failed to reach orbit last month because a rocket fuel filter had become dislodged, Virgin Orbit has said. Virgin Orbit sent up a jumbo jet carrying the rocket from Cornwall on 9 January. But excitement turned to disappointment when the rocket failed to deploy its payload of nine …
14.02.2023 - 13:51
Business
Sky News
Airbus and Rolls-Royce benefit as Air India makes record order for new planes
Airbus and Rolls-Royce have secured contracts to support a record order for new planes by Air India.The order, for 220 Boeing and 250 Airbus aircraft over several years, will benefit both Airbus and engine supplier Rolls-Royce in the UK, the government said. The Department for Business and Trade (DBT) said the wings, designed by Airbus …
14.02.2023 - 13:06
Business
Sky News
‘Fight far from over’ as inflation dips slightly
Inflation has eased slightly to 10.1% from 10.5% the previous month as fuel price rises slowed. Decreased transport costs were one of the main drivers of the lower inflation rate, along with restaurants and hotels, as prices dropped in cafés and restaurants from the December Christmas period to January. Cost of living – latest: Semi-skimmed …
14.02.2023 - 10:30
Business
Business Live
Property professionals team up to launch new Birmingham consultancy
A trio of property industry professionals have teamed up to launch a new consultancy in Birmingham. Called WTS Property Consultants, it is being led by licensing, leisure and commercial agents George Walker, Richard Tole and Jack Sinclair. Based in Bennetts Hill with a second office in London, the new firm’s founders all previously worked together …
14.02.2023 - 10:23
Business
Business Live
Wales Week in London will showcase the best of Wales to the world
Wales Week London, the largest annual programme of events celebrating and promoting Wales, kicks off this weekend. Running for two weeks until March 5th the initiative – which is now in its seventh year – will deliver around 100 activities and events, helping to celebrate Wales’ heritage and culture while promoting the country globally. The …
14.02.2023 - 09:57
Business
Evening Standard
Amigo Loans swerves £73 million fine due to ‘financial hardship’
The scale of misconduct by Amigo Loans was laid bare today after the Financial Conduct Authority said it would have imposed a £73 million fine, were it not for the poor financial state the subprime lender was in.It follows a months-long investigation by the watchdog, which found the firm had poorly-designed IT systems with flaws …
14.02.2023 - 09:53
Business
Business Live
Welsh energy intensive firms awarded £5.5m UK grant funding to cut carbon emissions
Two energy intensive businesses in south Wales have been £5.5m in UK Government grant funding to help cut their carbon emissions and energy costs. Food processor Dunbia in Carmarthenshire and Celsa Steel UK in Cardiff have received financial support as part of a wider £12.4m Industrial Energy Transformation Fund (IETF). Dunbia, one of the largest …
14.02.2023 - 09:52
Business
Evening Standard
Trading platform Plus500’s profits grow as pandemic-era day traders stick around
Trading platform Plus500’s profits grew to $453.8 million (£372.6 million), as pandemic-era day traders stuck around in 2022.Plus500 noted that this figure was “well ahead” of consensus estimates from the start of the year.Revenue came to $832.6 million, up 16% from the previous yearThe growth was largely due to customers who signed up during the …
14.02.2023 - 09:48
Business
Business Live
Exeter Airport creates 25 jobs as it looks to continue pandemic rebound
Exeter Airport has launched a recruitment drive for 25 newly created jobs in anticipation of a busy summer season, as it looks to continue to rebound from the pandemic. The transport hub said it was expecting to handle 450,000 passengers this year, connecting them directly with 26 destinations including new routes to Faro in Portugal …
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