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Sky News
New National Wealth Fund to unveil £1bn social housing deal
Britain’s new National Wealth Fund has struck a £1bn deal with two of Britain’s biggest high street lenders to retrofit thousands of homes to upgrade their energy-efficiency.Sky News has learnt that the government-backed vehicle has agreed with Barclays and Lloyds Banking Group to provide partial guarantees on loans to housing associations across Britain. An industry …
Business
Evening Standard
High street firms could axe jobs over potential business rate rise, say bosses
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.High street businesses may have to cut hours or axe staff in the face of a potential jump in business rates, industry …
Business
Evening Standard
Reeves eyes up to £40bn in tax rises and spending cuts in Budget
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Rachel Reeves is looking to raise up to £40 billion in tax hikes and spending cuts in this month’s Budget as the …
Business
Sky News
PizzaExpress prepares to serve up new slice of debt to investors
The parent company of PizzaExpress is hiring bankers to help it refinance a £335m bond ahead of its maturity, amid tough trading conditions for casual dining operators.Sky News has learnt that Wheel Topco is close to appointing PJT Partners, the investment bank, to advise it on talks with its debtholders. PizzaExpress trades from 359 sites …
Business
Evening Standard
London Underground workers to stage strikes amid pay dispute
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.London Underground workers including drivers are to stage a series of strikes next month in a dispute over pay.Members of Aslef, working …
Business
Business Live
Procook reports fifth consecutive quarter of growth, driven by strong ecommerce and retail performance
Analysts have reported that Gloucester-based kitchenware brand Procook has delivered a “pleasing” set of quarterly results, marking the fifth consecutive quarter of retail growth for the company. The group’s revenue soared to £17m in the quarter, representing an 8.8 per cent increase from the previous year, largely driven by a 12 per cent surge in …
Business
Evening Standard
Greggs to open first Champagne bar for Christmas
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Greggs is launching its first Champagne bar in which customers can pair the finest bottles with a menu of bakes and rolls …
Business
Sky News
Energy services group Hometree lands £50m from Canadian giant CPPIB
A residential energy services provider backed by leading City investors has secured a £50m funding boost from one of the world’s biggest pension funds.Sky News understands that Hometree, which counts Legal & General (L&G) among its investors, will this week announce that it has agreed a mezzanine debt facility with a subsidiary of Canada Pension …
Business
Sky News
Why a dark cloud still looms over the UK economy despite surprising inflation dip
A larger-than-anticipated fall in inflation last month to 1.7% is the latest gust of economic data to suggest the prevailing economic wind is favourable.The first dip below the Bank of England’s target rate of 2% in more than three years, it follows news that wage inflation is slowing, and comes a week after confirmation the economy …
Business
Sky News
Trio in battle to buy stake in accountancy firm Grant Thornton UK
A trio of buyout firms have been shortlisted to buy a stake in the UK operations of Grant Thornton, one of Britain’s six biggest accountancy firms.Sky News has learnt that Cinven, EQT and New Mountain Capital – the backer of Grant Thornton’s US business – have made the cut in a process that could value …
Business
Business Live
BBC newsreader and Dragons’ Den star among speakers at Black Business Show 2024
Dragons’ Den star Steven Bartlett, BBC newsreader Clive Myrie and British film director Fredi Nwaka are among speakers at the UK Black Business Show this week. The London-based conference – part of Black Business Week – was founded in 2017 by Raphael Sofoluke after he witnessed a lack of representation at events and panel discussions. …
Business
Evening Standard
Schools and nurseries in Swinney’s constituency face closure during strike
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Primary schools and nurseries across Scottish First Minister John Swinney’s local area face closing for two weeks during strikes, the local authority …

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