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09.01.2023 - 05:46
Business
Sky News
Energy bill support for businesses to be cut back from April through discount
All businesses are set to secure further taxpayer support for their energy bills when the current scheme ends in March but at a reduced cost to the taxpayer.The government is set to confirm later on Monday that it has decided on applying a discount to wholesale prices, for up to a year, following talks involving …
08.01.2023 - 08:00
Business
Business Live
Business investor NEL Fund Managers completes record investment year
North East business investor NEL Fund Managers has completed its busiest ever year after making investments in regional firms worth a total of almost £5.9m. The Newcastle based organisation completed 62 separate investments in businesses across Tyne and Wear, Northumberland and County Durham during 2022, topping last year’s previous record total by just under £250,000. …
08.01.2023 - 01:36
Business
Sky News
Richard Branson woke in middle of night to find Elon Musk barefoot in his kitchen – and holding his baby
Richard Branson has revealed a bizarre story about finding Elon Musk in the kitchen of his New Mexico house in the middle of the night before his first space flight.In an interview this weekend, Mr Branson said the Twitter and Tesla owner was completely barefoot, holding his fast-asleep baby X Æ A-12, and had apparently …
08.01.2023 - 00:01
Business
Evening Standard
Labour urged to work with SNP to block planned strike legislation
Sir Keir Starmer has been challenged to team up with the SNP to defeat the UK Government’s legislative plans for minimum service levels during strikes.Stephen Flynn, the SNP’s Westminster leader, has written to Sir Keir to request a meeting to discuss how to defeat the policy proposals, which he called an “attack on workers’ rights”.The …
07.01.2023 - 08:00
Business
Business Live
Construction innovator Merit to create 50 new jobs in Northumberland expansion
Cramlington construction company Merit is forging ahead with plans to expand its site to accommodate plans for continued growth. The Northumberland innovator, a former North East Company of the Year, has previously revealed plans to extend its base at Admiral Business Park, where it specialises in work on high-tech, complex structures for healthcare, pharmaceutical, energy, …
07.01.2023 - 07:20
Business
Evening Standard
Labour hoping to tempt retirees back to workforce with right to work from home
Labour is hoping to tempt early retirees back to the work force with the right to work from home.The shadow work and pensions secretary, Jonathan Ashworth, has outlined plans to entice over-50s to take up employment again.Speaking with The Daily Telegraph, Mr Ashworth said Labour will launch a series of proposals aimed at encouraging older …
06.01.2023 - 19:35
Business
Evening Standard
Fresh talks to be held in Royal Mail dispute
Fresh talks are to be held in a bid to resolve the long-running Royal Mail dispute.Members of the Communication Workers Union (CWU) staged a series of strikes last year in a bitter row over jobs, pay and conditions.A Royal Mail spokesperson said: “We welcome the CWU’s agreement to recommence facilitated talks through Acas.The talks will …
06.01.2023 - 17:43
Business
Evening Standard
Train operating companies offer two-year pay deal to drivers’ union
Train operating companies have offered the drivers’ union a two-year pay deal in a bid to resolve the bitter dispute which has led to a series of strikes.The Rail Delivery Group (RDG) said it was offering a “landmark outline proposal” that would deliver more reliable services for passengers, in exchange for a pay increase of …
06.01.2023 - 17:27
Business
Evening Standard
FTSE hits highest level for more than two years as miners lead the way
London’s top stock index pushed to its highest point in more than two years on Friday, as it capped off a strong opening week to the year with a solid performance.The FTSE 100 peaked a point above the 7,000-point mark for the first time in years, but ended the day at 7,699.49, a rise of …
06.01.2023 - 17:25
Business
Business Live
Seaweed farming’s role in biodiversity gets backing from wind giant
Wind farm developer Orsted has teamed up with a Yorkshire marine farmer to explore the use of seaweed cultivation in improving ocean biodiversity. The Danish giant, behind the world-leading Hornsea Zone and the Grimsby-based East Coast Hub from where operations are conducted, is working with SeaGrown. The pair will develop biodiversity monitoring and measurement guidelines. …
06.01.2023 - 16:17
Business
Evening Standard
Starling boss says profits to quadruple this year as bank now a ‘big player’
The boss of Starling has said the digital bank expects to more than quadruple its profits in 2023 after a strong performance in December.Anne Boden, the chief executive and founder of the UK bank, cheered its profitability, surging customer base, and lack of reliance on a “silly valuation” to raise cash.In her new year update, …
06.01.2023 - 15:48
Business
Business Live
Elon Musk and the drama of his Twitter acquisition
Even the wealthiest can’t buy a crystal ball – but if they could, do you think Elon Musk would have gone ahead with the purchase of Twitter knowing what he does now? None of us know the answer to that either, but when the wealthiest man in the world reportedly loses that title after taking …
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