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Sky News
The worst is not yet over for consumers despite peaked inflation
That inflation of 10.5% should be essentially good news speaks volumes for the economic turmoil of the last year.A second consecutive monthly fall from October’s high of 11.1% suggests price rises may have peaked and the descent towards less corrosive rates, perhaps below 6% by the middle of the year, has begun. Some of this …
Business
Sky News
Morgan Stanley veteran Rooney to become CEO of digital wallet provider HyperJar
A veteran of one of Wall Street’s most powerful banks is to take over as the boss of an ambitious British digital wallet provider.Sky News understands that Rob Rooney, whose most recent role at Morgan Stanley was heading its technology operations, has agreed to become chief executive of HyperJar. Sources said his appointment, three months …
Business
Sky News
‘Historic moment for shipbuilding’ will create 900 jobs in Belfast
Around 900 jobs are to be created in what has been described as a “historic moment for shipbuilding in Belfast”.The city’s Harland and Wolff shipyard – which built the Titanic – is part of the Team Resolute consortium which is to deliver three fleet solid support ships for the Royal Fleet Auxiliary. Made up of …
Press Release
Pressat
Fitzdares has selected Crucial Player Protection system to protect at-risk players
Fitzdares will be using the Crucial Player Protection (CPP) system which has been designed as a single, scalable solution for compliance, business and case management. The ultimate aim is to improve the accuracy of review for AML and Responsible Gambling to increase the protection of at-risk players. This is done through 27 harm markers that …
Business
Business Live
South West road improvements and high street upgrades planned as region lands £133m
Millions of pounds of government funding is to be spent in the South West, improving transport, infrastructure and community and cultural projects. So far a total of £133.3m has been allocated to the region through the so-called levelling up fund and the UK community ownership fund. According to the government, the cash will help save …
Business
Business Live
Monmouthshire nursing home up for sale with £1.2m price tag
A nursing home in Monmouthshire has been put on the market with a £1.2m price tag. Crick Care Home, located in the village of Crick in Caldicot, is up for sale through specialist business property adviser Christie & Co. The freehold site is on the market with an asking price of £1,250,000. The home has …
Business
Business Live
WH Smith says travel business in ‘strongest ever position’
WH Smith has said its global travel retail business is in its “strongest ever position” as improving passenger numbers following the Covid-19 pandemic continue to drive growth. In a trading update for the five months to January 14, the Swindon-headquartered retailer reported total group revenue was up around 40% on the same period a year …
Business
Evening Standard
Just Eat predicts earnings growth in 2023 despite another drop in orders
Online food delivery giant Just Eat Takeaway.com has seen a worse-than-expected drop in orders over the Christmas quarter in a further sign of consumer spending woes.The Amsterdam-based group said order numbers dropped by 12% to 239.8 million across the group and were down by 10% in the UK and Ireland, at 65.4 million.Consumer spending has …
Business
Evening Standard
Inflation falls by 0.2% to 10.5% but food prices go up by eye-watering 16.9%
The rate of inflation fell for the second consecutive month in December raising fresh hopes that the worst of the cost of living crisis may soon be over.The Consumer Prices Index (CPI), the headline measure of inflation, dipped to 10.5% last month from 10.7pc in November, according to the Office for National Statistics (ONS.)Wednesday’s easing …
Business
Evening Standard
Jeremy Hunt mocked over video explaining high inflation
Jeremy Hunt’s attempt to explain rising inflation with a stack of empty coffee cups has been mocked online.A social media video showing the Chancellor ordering a flat white before explaining why costs were rising was criticised over its punctuation, maths and the failure to mention Brexit, the huge amounts of money pumped into the economy …
Business
Sky News
Australian billionaire to open a new battery plant in UK, after failure of Britishvolt
Britain’s battery sector has been delivered some unexpected good news, after an Australian billionaire told Sky News he will be opening an advanced battery plant in Oxfordshire later this year, creating up to 300 new jobs.Andrew Forrest, the founder of the Australian iron ore giant Fortescue, said he was expanding operations at WAE Technologies, the …
Business
Sky News
Australian billionaire to open battery plant in UK after failure of Britishvolt
Britain’s battery sector has been delivered some unexpected good news, after an Australian billionaire told Sky News he will be opening an advanced battery plant in Oxfordshire later this year, creating up to 300 new jobs.Andrew Forrest, the founder of the Australian iron ore giant Fortescue, said he was expanding operations at WAE Technologies, the …

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