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05.02.2023 - 07:00
Business
Business Live
Newcastle Falcons stars’ brew FiaFia Pilsner strikes deal with The Inn Collection Group
A beer brand created by players from Newcastle Falcons is set for a boost after they struck a deal with a local hospitality firm. Carl Fearns, Logovi’i Mulipola, Will Welch and Michael Young are the team behind Manuia Beer, a new craft beer brand they have been working on away from the rugby pitch. Their …
05.02.2023 - 00:01
Business
Evening Standard
Shapps raps energy regulator over prepayment meter scandal
Business Secretary Grant Shapps has told the energy market regulator to toughen up on suppliers in the wake of the prepayment meter scandal.Mr Shapps accused Ofgem of “having the wool pulled over their eyes” by taking at face value what the energy company bosses were telling them and not listening to customers.He said that he …
04.02.2023 - 22:00
Business
Evening Standard
Nurses leaders urge Rishi Sunak to step in to avert NHS strike
Nurses leaders have issued a direct appeal to Rishi Sunak to intervene in their pay dispute as the NHS faces its biggest day of industrial action in its history.In a letter to the Prime Minister, the Royal College of Nursing (RCN) general secretary Pat Cullen said that a “meaningful” pay offer from the Government could …
04.02.2023 - 12:31
Business
Sky News
BMW in talks with UK government over £75m grant for electric Mini
The German automotive giant BMW is in talks with the government about a £75m funding package that would secure production of electric Minis at its Oxfordshire plant.Sky News has learnt that BMW is negotiating with officials at the Department for Business, Energy and Industrial Strategy (BEIS) over a grant from Whitehall’s Automotive Transformation Fund. Industry …
04.02.2023 - 09:58
Business
Sky News
Netflix says new password sharing rules were posted by accident
Netflix has said that updated measures to crack down on password sharing were posted by mistake.Following widespread disappointment on social media, with many threatening to cancel their memberships, the streaming giant claimed some new account rules being trialled in other countries had accidentally been added to its help pages elsewhere. While subscribers have been expecting …
04.02.2023 - 07:36
Business
Sky News
Google poised to unveil how it plans to take on ChatGPT
Google looks set to unveil how it plans to rival the wildly successful ChatGPT AI, possibly within days.The technology giant has scheduled a 40-minute event for Wednesday 8 February, when it will reveal how it is “reimagining how people search for, explore and interact with information”. “Join us to learn how we’re opening up greater …
03.02.2023 - 23:22
Business
Sky News
Elon Musk cleared of deceiving investors with Tesla tweet
Elon Musk did not deceive his investors when he tweeted in 2018 that he had the funding to take Tesla private, a jury has found. Investors had sought to sue the SpaceX owner for billions of dollars because his tweet caused Tesla’s shares to soar, only to crash 10 days later when it became clear …
03.02.2023 - 22:55
Business
Evening Standard
Boris Johnson backs tax cuts to boost economic growth
Boris Johnson has thrown his weight behind calls for tax cuts to kickstart growth and boost the Tories’ chances of winning the next general election.The former prime minister said he had “no doubt” the Government would start to get the tax burden down “when the time comes” and would reap the reward at the ballot …
03.02.2023 - 20:10
Business
Sky News
British Gas staff feel pressured to force prepayment meters on customers in debt – whistleblower
A current employee in British Gas’s debt recovery team has told Sky News that staff feel pressured to force the installation of prepayment energy meters on customers in debt.The employee, speaking on condition of anonymity, said he had seen an increase in the number of indebted customers since the cost of living crisis began, and …
03.02.2023 - 17:42
Business
Evening Standard
Plunging pound helps push FTSE to record close
The FTSE 100 has closed at a record high as stocks soared amid signs that interest rate hikes were finally slowing around the world.The index ended the day at 7,901.8 points, a rise of 1% or 81.64 points.It finally met the promise of mid-January when the index looked like it might reach an all-time high, …
03.02.2023 - 17:38
Business
Evening Standard
Scottish Government says ‘no new offer’ following talks with teaching unions
Scottish Education Secretary Shirley-Anne Somerville said “no new offer” for teachers would come from the Scottish government following talks with education unions on Friday.It comes as the Educational Institute of Scotland (EIS) union, who represent around 80% of teachers in Scotland, is set to conclude 16 days of rolling strike action on Monday, February 6; …
03.02.2023 - 17:29
Business
Evening Standard
FTSE 100 hits record high as economy fears ease
The FTSE 100 hit a new record high on Friday as global inflation and interest rate fears continued to ease.The index of the UK’s largest publicly-listed firms briefly touched a new record high of 7,906.58 points.It pushed the index to levels it had not seen in nearly five years. The previous record was set on …
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