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Sky News
Data reveals jobs market tipping point that will worry ministers as much as employers
The latest labour data reveals the pay gaps fuelling public sector discontent, and a potential tipping point in the jobs market that will worry ministers almost as much as employers.Average pay rose 6.4% in the three months to November, the strongest growth in 20 years excluding the pandemic period, but there’s a chasm between public …
Business
Sky News
Paperchase lines up administrators amid search for buyer
The high street stationery chain Paperchase is lining up administrators amid a race to find new backers.Sky News has learnt that the retailer has put Begbies Traynor, the professional services firm, on standby to handle a potential insolvency. City sources said that Paperchase was continuing to seek a solvent rescue deal, and that Begbies’ prospective …
Business
Business Live
Skidmore review welcomed on the Humber where Net Zero energy transition plans are in place
Humber business leaders have welcomed the “powerful review” on how the UK can deliver and implement net zero policies effectively and efficiently across the country. Former Conservative Energy Minister, Chris Skidmore MP, has made more than 130 recommendations in his 330-page report, stating more could be done to capitalise on the “historic opportunity”. Huge importance …
Business
Business Live
Bristol Arena delays opening but size of venue to be increased
The opening of Bistol’s long-awaited arena has been delayed until 2025 at the earliest, the developers behind the project have confirmed. The YTL Arena, which is being created from the conversion of the huge Brabazon Hangar at the old Filton Airfield, won’t now open for its first gig until late 2025 or early 2026 – …
Business
Evening Standard
Crest Nicholson shows slowdown in housing sales
More signs of a slowdown in the housing market have been visible at Crest Nicholson sites across the country in recent months as high mortgage rates put pressure on new buyers.Crest said the number of homes it sold at each of its sites fell to 0.6 per week in the year to the end of …
Business
Business Live
ADVERTORIAL: The University of Leicester drives innovation to help boost the region’s economy
The University of Leicester is proud to be a partner and headline sponsor of the LeicestershireLive Innovation Awards 2023 which recognise, celebrate and reward the businesses, organisations and individuals who are dedicated to innovation. Driving new ideas and innovation for businesses and industry has never been more important to help build the economy and increase …
Business
Business Live
CBD brand backed by Andrew Flintoff eyes sales jump after successful 2022
A CBD brand backed by former England cricketer and current Top Gear host Andrew Flintoff is eyeing sales of almost £20m this year. Naturecan was co-founded by CEO Andy Duckworth and Paul Finnegan in 2019 and now has 50 members of staff based at St Petersgate in Stockport. The company, which said Mr Flintoff is …
Business
Evening Standard
Profits jump at pawnbroker Ramsdens as consumers turn to short-term loans to tackle cost-of-living pressures
Profits at Ramsdens have rocketed, the firm revealed today, as consumers turn to high street pawnbrokers to get them through the cost-of-living crisis.The business, which offers loans on jewellery and watches, posted a 71% leap in profits to £38 million for the year to September, while sales gew 62% to £66 million. Demand for loans …
Business
Evening Standard
Wise lifts income forecast as it reaps benefits of higher interest rates
Money transfer and payments platform Wise has lifted its full-year profit expectations after enjoying a surge in income from higher interest rates.The fintech company said its net interest income – an important measure showing the difference between its revenues and its costs – was 148% higher over the latest quarter, compared with the previous quarter, …
Business
Business Live
ADVERTORIAL: High-tech batch processing company MicroCapture encapsulates success with MRP Software
MicroCapture is a biodegradable microencapsulation application manufacturer with more than 75 years of combined experience, a dedicated R&D team, and an in-house laboratory for product development and testing. The company works with many customer-based fragrances and substances, and also boasts a wide variety of in-house fragrances and its own brand product which offers hay-fever relief, …
Business
Evening Standard
Ocado Retail enjoys record Christmas sales despite cost-of-living pressures
Ocado Retail has reported record sales over Christmas but revealed that customers were shopping less and putting fewer items in their basket amid cost-of-living pressures.The supermarket, which is a joint venture between Ocado Group and Marks & Spencer, said sales were up by 15% over the five days before Christmas.It revealed that more than 72,000 …
Business
Evening Standard
Unemployment rises as new entrants join jobs market
The proportion of working-age people who were unemployed increased in the three months to November, while the number who were in work remained unchanged, new figures show.Data from the Office for National Statistics published on Tuesday suggests the unemployment rate hit 3.7%, up from 3.5% in the previous quarter.The ONS said that in the latest …

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