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Beal moves home as £5.5m new Hessle HQ completes
Beal Homes has moved into its own stunning new headquarters, marking a new chapter for East Yorkshire’s family-owned housebuilder. The Beal team has relocated across Boothferry Road at Bridgehead Business Park in Hessle to a showpiece new base as the company enters its 55th year. The £5.5 million state-of-the-art building is a major investment in …
Business
Sky News
More than 1.4m households face higher fixed rate mortgage bills this year
More than 1.4 million fixed rate mortgage customers are facing the prospect of significant hikes to their monthly payments when their deals end this year, according to official figures.The Office for National Statistics (ONS) said 57% of those coming up for renewal in 2023 were fixed at interest rates below 2%. It added that deals …
Business
Business Live
Beal Homes’ new headquarters in pictures
Business
Business Live
UK’s first space launch from Cornwall ‘strategically significant’ for Britain
A mission to launch the UK’s first orbital satellite into space from Cornwall will be a “strategically significant” moment for the country, according to the president of industry trade association UKspace. A specially adapted Boeing 747 is due to take off from Spaceport Cornwall at Cornwall Airport near Newquay on Monday night (January 9). The …
Business
Evening Standard
Trade unions meet Government ministers for talks on pay
Trade unions are meeting Government ministers for talks, though the Royal College of Nursing (RCN) has put the chance of strikes being called off at less than 50%.Health Secretary Steve Barclay is meeting union leaders on Monday morning, including from the RCN, amid cautious optimism that the Government might soften its stance on pay.Teaching unions …
Business
Evening Standard
Goldman Sachs prepares to axe 3,200 jobs amid cost-cutting – reports
Goldman Sachs will start cutting thousands of jobs across the firm from this week in an effort to sharply cut costs, according to reports.The US investment banking giant is expected to cut around 3,200 roles as it prepares for tough economic conditions, including recessions in many key markets.According to Bloomberg, the bank will cut around …
Business
Evening Standard
Royce-Royce heralds ‘momentous year’ as car sales exceed 6,000 for first time
Rolls-Royce Motor Cars has exceeded annual sales of more than 6,000 cars for the first time in its 118-year history, the company announced.It said it achieved “particularly strong year-on-year growth” during 2022 in the Middle East, Asia-Pacific, the USA and Europe.A “single-digit” drop in sales was recorded in Greater China – which includes mainland China …
Business
Evening Standard
Poultry feed deal referred for in-depth inquiry by competition watchdog
A proposed merger between two poultry feed giants is to be scrutinised under a full-scale investigation after the competition watchdog said the pair had failed to address its concerns.The Competition and Markets Authority (CMA) said it is referring the planned tie-up between the animal feed milling operations owned by ForFarmers UK and 2Agriculture for a …
Business
Sky News
Rolls-Royce Motor Cars reveals record annual sales and strong order book
Rolls-Royce Motor Cars has hailed a record year for sales with more than 6,000 cars sold for the first time in its 118-year history.The UK luxury brand, owned by Germany’s BMW, said it achieved an 8% rise in sales volumes during 2022 compared with the previous year with all regions, except China, seeing growth. While …
Business
Evening Standard
Reduced energy support scheme for businesses to be unveiled
A new scheme to support businesses with their energy bills will be announced later on Monday, but is expected to be significantly cut after Chancellor Jeremy Hunt warned existing spending is “unsustainably expensive”.The package will be announced to MPs, with the current cap on the unit cost of electricity and gas for firms set to …
Business
Evening Standard
Lidl hails bumper Christmas as ‘shoppers switch from traditional supermarkets’
Discount supermarket Lidl has revealed its sales jumped by almost a quarter over the key festive period as it said it was buoyed by shoppers switching from rivals amid budget concerns.The retailer said sales increased by 24.5% over the four weeks to December 25, compared with the same period in 2021.It added that it welcomed …
Business
Sky News
Lidl claims cost of living boost as Christmas sales rise by a quarter
Lidl says a rise of almost 25% in UK sales during the key festive season reflected a surge in new shoppers switching from rivals because of the cost of living crisis.The discount chain said it benefited from 1.3 million more customers in the week ahead of Christmas compared with the previous year. Shoppers switched nearly …

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