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First banknotes featuring King Charles unveiled
The Bank of England has unveiled its first banknotes featuring King Charles.The notes will gradually replace those featuring his mother, Queen Elizabeth II, and enter circulation from the middle of 2024. The new £5, £10, £20 and £50 polymer banknotes feature a portrait of Charles on the front, as well as a cameo of him …
Business
Evening Standard
Early retirement ‘biggest cause’ of labour shortages, warns Lords committee
A wave of early retirement following the pandemic is the “biggest cause of labour shortages” across the UK, according to the House of Lords Economic Affairs Committee.The committee said the labour outlook for the UK was “bleak” and it was critical for the Government to consider how inactivity across the labour market can be addressed …
Business
Evening Standard
Alcohol duty freeze extended for further six months, Treasury minister says
A freeze on alcohol duty has been extended for a further six months amid accusations of a Government “U-turn”.Treasury minister James Cartlidge told the Commons the extension would give “maximum certainty” to the industry ahead of challenging times, and would avoid multiple changes in a year when the Government also plans to reform the alcohol …
Business
Sky News
Xpediator founder bids to take logistics company private
The founder of Xpediator, a London-listed logistics company, is hatching a plan to take it private.Sky News understands that Stephen Blyth, who stepped down as Xpediator’s chief executive in 2020, has assembled financial backing for a takeover offer. The identity of Mr Blyth’s backers and the price at which a bid would be pitched were …
Press Release
Pressat
Is your Sleep Sabotaging your Diet?
When discussing weight loss, you’d usually bring up exercise, nutrition and even genetics as the main factors in play. And while that’s very much the case, a new 2022 study done by the Sleep Research Society pointed the spotlight at another important and often overlooked factor – sleep. In the study, 195 adults with obesity …
Press Release
Pressat
BWY launches thought-provoking and celebratory online events programme for 2023
From deep dives into ancient history to today’s quest for true equity, diversity and inclusivity in yoga, from six internationally renowned teachers. The British Wheel of Yoga (BWY) launches its new national online events programme with a focus on Equity, Diversity and Inclusivity, a powerful workshop that will provide a toolkit of practical steps to …
Press Release
Pressat
Charity launches new Online Money Management Workshops to support young disabled people during the cost-of-living crisis
Theatre charity launches online money workshops to support young disabled people during the cost-of-living crisis. Surrey based theatre charity, Head2Head Sensory Theatre, has launched new online money management workshops to support young people with disabilities during the cost-of-living crisis. The interactive online money management workshops, which begin on 3rd January 2023 use drama, games, role …
Business
Sky News
Shapps picks Cardell to be first female competition chief
Grant Shapps, the business secretary, has picked one of the competition regulator’s top executives to become its first permanent female boss.Sky News has learnt that Sarah Cardell, the Competition and Markets Authority’s (CMA) interim chief executive, will be appointed later on Monday to the post. Her appointment will come nearly a year after Andrea Coscelli, …
Business
Business Live
Somerset horse feed company sold out of administration, saving jobs
A North Somerset producer and seller of horse feed has been sold out of administration, saving seven jobs. The Pure Feed Company was placed into administration in November after being hit by a “combination of challenges” which it said left it unable to trade. According to administrators Begbies Traynor, difficulties included price rises in raw …
Business
Evening Standard
City bankers could receive unlimited bonuses as Bank of England pay consultation begins
City bankers may soon be able to receive unlimited bonuses after the Bank of England today announced plans for a consultation on scrapping the so-called ‘bonus cap’.The decision to scrap the cap, which sets limits on the ration between fixed and variable pay in financial services, was among the few policy moves that survived Kwasi …
Business
Sky News
Rail strikes ‘key’ reason for slump in high street visits ahead of Christmas
Visits to high streets slumped last week, according to industry data showing a “key” impact from rail strikes amid wider evidence of a hit to the economy from the industrial action.Springboard reported that shopper numbers across Britain fell 4.6% last week versus the week before amid the disruption to public transport – also blamed for …
Business
Evening Standard
London fintech Updraft raises £108 million to grow lending business
Lending firm Updraft today became the latest London fintech to ramp up its expansion plans after it completed a £108 million debt and equity raise to scale up operations.The Old Street-based business, which combines smart algorithms, open banking and credit reference data to offer bespoke personal loans to its customers, will use the funding to …

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