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Sky News
UK economy rebounds, National Grid brings back coal-fired power stations and affordable skiing
Ian King looks at the UK economy rebounding in October, which was slightly stronger than economists had forecast.Plus, National Grid has issued start-up instructions to bring two old coal-fired power stations back into operation to allay concerns over a possible supply shortage.And Ian speaks to the co-founder of Maison Sport, Nick Robinson, who’s hoping to …
Business
Sky News
Tackling inflation takes priority over pay rises for striking workers, chancellor says
The government’s top responsibility is to tackle inflation, Chancellor Jeremy Hunt has told Sky News as thousands of public sector workers go on strike.Mr Hunt said the strikes, which are taking place every day until the end of the year, are a “symptom of the fact that people are very worried that their pay packets …
Business
Evening Standard
Microsoft takes £1.5bn stake in historic London Stock Exchange and signs tech deal
THE LONDON Stock Exchange Group made a major step towards the digital world today, signing a 10-year commercial deal with Microsoft which in turn takes a £1.5 billion stake in a business that goes back to 1801.While the LSE is best known as a trading platform for shares, its data and analytics business Refinitiv, bought …
Business
Evening Standard
National Grid asks two coal plants to fire up amid big freeze
Britain’s electricity grid operator has asked two of its coal-fired power stations to start warming up as freezing weather conditions heap pressure on the UK’s power network.National Grid said it had asked the winter “contingency” plants to prepare for operation to “give the public confidence in Monday’s energy supply”.It said the move means the coal-fired …
Business
Evening Standard
Microsoft takes stake in historic London Stock Exchange and agrees to tech deal
THE LONDON Stock Exchange Group made a major step towards the digital world today, signing a 10-year commercial deal with Microsoft which in turn takes a £1.5 billion stake in a business that goes back to 1801.While the LSE is best known as a trading platform for shares, its data and analytics business Refinitiv, bought …
Business
Business Live
London Eye could become permanent under plans proposed by owner Merlin Entertainments
The London Eye could become a permanent fixture on the capital’s South Bank under new plans being proposed by it’s Dorset-based owner. Poole-headquartered Merlin Entertainments, which owns and operates some of Britain’s biggest attractions, has confirmed it is taking steps to secure the landmark’s future. Created in celebration of the millennium, the Eye’s planning permission …
Business
Business Live
Administrators called in at Burleighs Gin
Administrators have been brought in at Leicestershire gin distillery Burleighs following a petition to wind up the business from HMRC. According to the official Gazette website David Elliott and Bai Cham of Begbies Traynor have been brought in to oversee the business, which is based in the Charnwood Forest, near Loughborough. The website said HMRC …
Business
Business Live
Sales surge revealed by Jay-Z-backed Fanatics after $31bn valuation
The international arm of a US online manufacturer and retailer of sportswear, collectibles, NFTs, trading cards and merchandise has revealed a surge in sales for its latest financial year. Fanatics, which runs its international operations outside of North America from its Manchester base, has reported a turnover of £223.8m for 2021, according to newly-filed documents …
Business
Evening Standard
Tough road ahead on the economy, Chancellor Jeremy Hunt warns
Chancellor Jeremy Hunt has warned of a “tough road ahead” despite official figures showing Britain’s economy grew in October.Economists described October’s 0.5 per cent growth as a “false dawn” with the economy slumping to negative growth of 0.3 per cent on a quartely basis, suggesting the UK is still on course to slide into recession …
Business
Evening Standard
National Grid asks two coal plants to fire up amid big freeze
Britain’s electricity grid operator has asked two of its coal-fired power stations to start warming up as freezing weather conditions heap pressure on the UK’s power network.National Grid said it had asked the winter “contingency” plants to prepare for operation to “give the public confidence in Monday’s energy supply”.It said the move means the coal-fired …
Business
Sky News
Coal plants stood down as National Grid runs another blackout prevention test
The National Grid is running the fifth test of its blackout prevention scheme to cope with the rise in energy demand as the UK battles a spell of icy weather. With the drop in temperatures, there is expected to be greater demand for energy this evening as the UK cranks up the heating to stay …
Business
Business Live
Plans in for major industrial and logistics hub that could create 1,600 jobs
Plans have been submitted for a major industrial and logistics hub in Greater Manchester that could create 1,600 jobs. Wain Estates is behind the proposals for the latest phase of the Carrington Estate that would see one million sq ft of employment space constructed. The plans have been sent to Trafford Council for consideration and …

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