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22.12.2022 - 12:13
Business
Sky News
Regulated rail fares in England will increase by up to 5.9% from March
Regulated rail fares in England will increase by up to 5.9% from 5 March next year, the Department for Transport has announced.The increase is being imposed to support “crucial investment and the financial stability” of the railway, the department said. Transport Secretary Mark Harper said: “This is the biggest-ever government intervention in rail fares.“I’m capping …
22.12.2022 - 12:13
Business
Sky News
Millions of train passengers face hike in fares of nearly 6% – largest rise in over a decade
Millions of train passengers face a hike in fares of nearly 6% from March, the Department for Transport has said.The increase is being imposed to support “crucial investment and the financial stability” of the railway, the department said. Transport Secretary Mark Harper said: “This is the biggest-ever government intervention in rail fares.“I’m capping the rise …
22.12.2022 - 09:58
Business
Business Live
Crest Nicholson appoints new managing director for South West as it targets growth
Housebuilder Crest Nicholson has appointed a new managing director for the South West as it targets further growth across the region. Mark Foyle, who has worked at Crest Nicholson for almost 10 years in its strategic partnerships and land and Chiltern divisions, will spearhead the firm’s operations in the West Country, including expanding its current …
22.12.2022 - 09:53
Business
Business Live
10 questions for James Bright of JK Lifting
Byker-based JK Lifting has been in operation for almost four decades, having been founded by John Kesson in 1983. The business was acquired by James Bright in 2019 and following continued growth, in May 2022 the firm celebrated the launch of JK Industrial Services and the opening of its new specialist marine base at Port …
22.12.2022 - 09:21
Business
Business Live
ADVERTORIAL: Interested in crypto? Introducing the new USDC cryptocurrency
Whether you’re new to cryptocurrency, or have been dealing with it for a while, you may not be familiar with the idea of ‘stablecoins’. A ‘stablecoin’ is the term for an asset that is tied to another currency, commodity, or financial instrument. USD Coin (USDC) is a type of cryptocurrency that is referred to as …
22.12.2022 - 09:16
Business
Business Live
SPONSORED: Don’t miss your chance to enter the LeicestershireLive Innovation Awards
The 2023 LeicestershireLive Innovation Awards are underway – and there’s only a few weeks left to submit your nominations. The awards, with headline sponsors De Montfort University, Morningside Pharmaceuticals and the University of Leicester, will be held on February 16 2023 at the National Space Centre in Leicester. Nominations are open until January 8 – …
22.12.2022 - 09:09
Business
Evening Standard
Made.com proposes vote on liquidation to wind up firm
The board of Made.com has proposed formally winding up the company through a voluntary liquidation process.It comes after the online furniture retailer collapsed into administration last month after it was hammered by rising costs and pressure on customer budgets.Retail giant Next snapped up the firm’s brand, websites and intellectual property following the insolvency, although the …
22.12.2022 - 09:07
Business
Business Live
Hollywood costume maker cottons on to her own sustainable business
A North East costume maker who has worked on Hollywood blockbusters has returned to her roots to set up her own business. Rosie Bath has rubbed shoulders with some of the biggest names in the movie business, having created costumes for the likes of Aquaman and James Bond. But after coming home to Newcastle she …
22.12.2022 - 08:20
Business
Evening Standard
Deloitte fined £906,000 by watchdog over SIG accounts
The auditing watchdog has fined Deloitte £906,250 over failings in its accounting for building materials firm SIG.The Financial Reporting Council (FRC) first launched an investigation into the Big Four auditor in 2018 after it had been sacked by SIG when it admitted to irregularities in its accounts.The regulator also handed a £36,250 sanction directly to …
22.12.2022 - 07:31
Business
Sky News
House price growth slows with higher mortgage rates especially impacting more expensive areas
The average UK property is £17,500 more expensive now than a year ago though house price growth has slowed and London properties are nearly 25% cheaper than five years ago, according to data from property website Zoopla. House prices have risen 7.5% over the past year, though the increase has slowed in the past three …
22.12.2022 - 03:20
Business
Sky News
Businesses ‘banging their heads against a brick wall’ over improving trade with EU
A significant number of firms are still struggling to increase sales or grow their business under the UK-EU trade deal, the British Chambers of Commerce (BCC) has warned.It is calling on the government to look again at how trade with Europe can be improved two years after the deal agreed by Boris Johnson. Last month, …
21.12.2022 - 22:30
Business
Evening Standard
Business leaders call for ‘honest dialogue’ on improving trade with Europe
The British Chambers of Commerce (BCC) has warned that a significant number of businesses are still struggling with the UK-EU trade deal.The business organisation is calling on the Government to look again at how trade with Europe can be improved, two years on from the deal agreed by Boris Johnson.The UK Brexit deal came after …
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