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Evening Standard
NatWest to close another 23 branches
NatWest has announced the closure of 23 branches across the country, adding to dozens that have already closed so far this month.The bank said it had slated 21 sites in England to shut down and two in Wales.Sites including Frome, Bootle, Stroud and Blackpool will shut down between late April and the start of June, …
Business
Business Live
UK taxpayer stakes revealed in companies that recently raised over £12m
UK taxpayers have stakes in two Manchester companies that recently raised over £12m, it has been revealed. The British Business Bank has published a list of 53 additional firms in which its Future Fund holds an equity stake, taking the total to 515 as of the end of 2022. Among the new additions are Arctic …
Business
Business Live
Look inside the Western Daily Press Business Guide 2023
The Western Daily Press Business Guide 2023 is published today and features the top 150 companies in the West. It is published in association with BusinessLive. The Guide, which has been published each January for nearly 30 years, contains analysis of the region’s economic prospects in 2023 and a celebration of its achievements in 2022. …
Business
Sky News
Royal Mail owner puts cost of strikes at £200m
Royal Mail’s parent firm has raised its estimate for the cost of industrial action so far to £200m and claimed that up to 12,500 union members have worked on strike days.International Distributions Services (IDS) said 18 days of walkouts at Royal Mail helped push the division to a £295m operating loss in the first nine …
Business
Sky News
UK car production slumps to 66-year low
UK car production fell to its lowest level since 1956 last year, according to industry figures showing that the global shortage of parts continued to drag on performance.The Society of Motor Manufacturers and Traders (SMMT) had already reported how the sale of new vehicles in 2022 was severely damaged by the lack of key components, …
Business
Sky News
Justin Bieber selling his back catalogue is eyebrow-raising because of how young he is
Selling the rights to your back catalogue has become a well-trodden path for musicians.So Justin Bieber is not exactly breaking new ground in selling the rights to his work to Hipgnosis Songs Capital for $200m (£162m). What is slightly eyebrow-raising about the deal, though, is that, at the age of 28, Bieber is somewhat younger …
Business
Sky News
Murdoch abandons bid to reunite News Corp and Fox Corp
A proposed reunion of two parts of Rupert Murdoch’s empire has been abandoned by the media tycoon.The 91-year old and his son Lachlan had floated the idea of bringing together News Corp – the US company behind the Wall Street Journal, Harper Collins and The Times newspaper, with Fox News owner Fox Corp. The two …
Business
Business Live
Bristol youth centre plans secure financial support from council
Financial support has been agreed to support plans for a new youth centre in Bristol. Councillors have approved a full business case for the proposed facility in the south of the city, on a site close to the roundabout which connects Hengrove Way and Hartcliffe Way. If it secures planning approval, the ‘Youth Zone’ building …
Business
Business Live
Consultation on Hinkley Point C fish protection measures launches
A consultation on plans to change the way sea water and fish are discharged at Somerset nuclear power plant Hinkley Point C has been launched by the government’s environment agency. The Bridgwater power station is proposing a change to its Water Discharge Activity permit, which currently includes three mitigation measures to protect fish. These include: …
Business
Business Live
North of England starved of investment, thinktank report finds
The North of England receives the second lowest level of investment among advanced economies, a think tank has said. If the region were a country, Greece would be the only OECD nation to see less public and private investment, according to the IPPR North’s State of the North report. The researchers found that the UK …
Business
Evening Standard
Easyjet jumps on record holiday bookings as Brits head overseas
EASYJET shares jumped 10% today after the budget airline forecast a return to profit as customers set aside cost-of-living pressures and book foreign holidays at record levels.The company recorded losses of more than £1 billion in 2020 and 2021 as Covid restrictions devastated airlines.Today it said it should return to profit this year and that …
Business
Business Live
Post-Covid bookings take off again at easyJet
Budget airline easyJet says losses will be better than expected after seeing a big increase in bookings. The Luton-based operator – which flies out of UK airports such as Birmingham, Stansted, Manchester and Newcastle – said it had seen a record surge in bookings since the start of the year. Headline pre-tax losses, it said, …

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