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06.12.2022 - 13:23
Business
Sky News
First coal mine in decades approved – a year after UK lobbied to ‘consign coal to history’
Ministers have given the green light to the first new UK coal mine in 30 years, a move “condemned” by the government’s official climate advisers.After years of dispute over planning, Levelling Up Secretary Michael Gove on Wednesday waved through plans for a new mine in Cumbria, which would provide coal for steel-making rather than power …
06.12.2022 - 12:15
Business
Sky News
Revealed: Supermarket chains where prices have risen fastest during the cost of living crisis
The price of own-brand and budget products in supermarkets has been rising far faster than premium and branded items during the cost of living crisis, new figures suggest.Which? tracked tens of thousands of products across eight major supermarkets – and while budget ranges had surged by as much as 18%, the price of premium lines …
06.12.2022 - 11:34
Business
Sky News
Rail strikes, Christmas dinner and Munro
Sky’s business presenter looks at food inflation and how it could affect families’ Christmas celebrations. Plus, the co-founder of tech company Nothing joins Ian to discuss the expanding business.And find out more about a new car manufacturing venture in Scotland and hear from a trustee of the match funding platform, Big Give.Listen and subscribe to The …
06.12.2022 - 10:21
Business
Business Live
Professional advisory firm PwC is creating hundreds of new jobs in Cardiff
PwC is creating 300 new jobs in Cardiff in another significant boost for the city’s professional and financial services sector. The firm, which currently employs 450 in the city, is recruiting for a wide range of roles to support the delivery of large scale operational and managed service solutions – including supply chain and operations …
06.12.2022 - 10:14
Business
Evening Standard
London overtakes New York and San Francisco for fintech funding
London has edged ahead of San Francisco and New York to become the world’s biggest centre for fintech investment, a new report reveals today.London has attracted $9.5 billion (£7.8 billion) in fintech venture capital funding since the start of the year, according to data from Dealroom, finishing ahead of New York’s $7.8 billion and San …
06.12.2022 - 10:04
Business
Evening Standard
Water firms failing to meet agreed investment in networks – Ofwat
Water firms are failing to invest as much as they promised to fix their networks, including improving sewage treatment and reducing spills into the environment, the regulator has warned.Ofwat said between 2020 and 2022, 14 companies underspent their budget on improving their water network and eight companies underspent their budget for improving their wastewater network.Affinity …
06.12.2022 - 10:01
Business
Evening Standard
Hosepipe ban lifted in Yorkshire despite county remaining in drought
A water company which supplies more than five million households is ending the hosepipe ban it introduced at the height of the summer drought.Yorkshire Water said the county is still classified as in drought by the Environment Agency but the ban can be lifted thanks to a wetter than average autumn and the public’s efforts …
06.12.2022 - 09:50
Business
Evening Standard
Pub firm Marston’s cheers Christmas and World Cup sales boosts
The boss of Marston’s has hailed “encouraging” Christmas bookings despite cost-of-living pressures on customers, and has said the pub group has also been buoyed by the World Cup.The firm, which runs 1,468 pubs across the UK, saw shares lift higher on Tuesday morning as it also returned to profit for the past year following the …
06.12.2022 - 09:41
Business
Business Live
Craft brewery founders ‘heartbroken’ after company falls into administration
The co-founders of a Somerset craft brewery say they are “heartbroken” after being forced to appoint administrators. Wild Beer Co, which also has a taproom at Bristol’s Wapping Wharf, was established by friends Andrew Cooper and Brett Ellis in 2012 after the duo met while working at the Bristol Beer Factory. The pair said the …
06.12.2022 - 09:31
Business
Evening Standard
City’s £1 trillion a day traders give it up for charity
TOMORROW is the 30th ICAP Charity Day, a rare occasion when one of the most cut-throat industries in the City comes together to be nice.Cynics who say “What about the rest of the year?” are missing the point.Over those 30 years ICAP has given out £155 million via 2847 individual donations, mostly to small and …
06.12.2022 - 09:14
Business
Business Live
Asda to create 10,000 jobs over next four years in major convenience store push
Asda has revealed plans to create 10,000 jobs over the next four years in a bid to accelerate the rollout of its new convenience store concept. The supermarket giant is aiming to open an extra 300 Asda Express sites by the end of 2026. Asda said the move is a “key part” of its “long-term …
06.12.2022 - 09:14
Business
Sky News
Limit amount of contact debt collectors can make with those who owe money, Martin Lewis’s charity urges
Limits should be placed on the amount of contact debt collectors have with those who owe money, Martin Lewis’s charity has said, as a survey from the organisation suggested one in six (17%) UK adults experienced suicidal thoughts as a result of the rise in the cost of living.The numbers rose when people were behind …
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