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Sky News
Virgin Atlantic pauses support for Heathrow’s third runway
Virgin Atlantic’s boss has warned that Heathrow’s expansion will be “difficult to support” without an overhaul of regulation at the airport.Heathrow plans to build a third runway, but it has been delayed by a number of legal challenges and the coronavirus pandemic. Virgin Atlantic chief executive Shai Weiss was speaking at the Airlines 2022 conference …
Press Release
Pressat
Advent calendar features cannabis products worth $250
‘Tis the season for cannabis lovers to kick off the countdown to Christmas and what better way to ring in time with family and friends than with a bit of bud. Budmail 420 is hoping to get all pumped for the festive season, literally one day at a time, with the release of a cannabis …
Business
Sky News
Surprise appointment at Disney, new focus at Canary Wharf and PM addresses CBI
Disney has unexpectedly fired its chief executive overnight and replaced him with his predecessor – Ian King discusses the latest developments with Simon Lapthorne, senior research analyst with Investec.Canary Wharf Group is developing further leisure opportunities – Ian King speaks to its chief executive, Shobi Khan, about what people can expect when they visit the …
Press Release
Pressat
World Prematurity Ball raises £22k for life-saving neonatal equipment
On Saturday 19th November, New Life held its last social event of the year, a World Prematurity Ball at The Owners Club, Newbury Racecourse. The event was attended by 200 guests including regular supporters, fundraisers and some staff from the special baby care units at The Great Western Hospital, Swindon and The Royal Berks, Reading. …
Business
Business Live
Wellness brand Moodbeam acquired by fellow Hull firm The 55 Group
Leading Hull digital business The 55 Group has swooped for fellow Hull wellness tech firm Moodbeam. The undisclosed deal, which widens the portfolio of brands held by the city centre operation, builds on trials to test the then-wearable format of the morale-tracker in the construction industry it is aligned to. Moodbeam, founded in 2016 by …
Business
Business Live
Car insurance finetch start up Driverly boosted with six-figure pre-seed investment round
Cardiff-based subscription-based car insurance fintech, Driverly, has been boosted with a significant six-figure pre-seed investment round. The Development Bank of Wales has invested £250,000 in equity into the start-up as part of a £525,000 pre-seed investment round that also involved serial entrepreneur Manuel Santiago as an angel investor, and Duncan Russell, a former chief finance …
Business
Sky News
Catering giant Compass reports recovery that beats expectations
Compass says its profits have almost tripled during the past year in a recovery that has surpassed expectations.The world’s largest food services provider said it has seen record growth as the demand for catering in business and sports has rebounded following the worst of the coronavirus pandemic. Statutory pre-tax profits were £1.5bn in the year …
Business
Business Live
Half-year loss for acquisitive tech firm SysGroup despite revenue jump
A tech firm has fallen to a half-year loss despite a rise in its revenue after making a string of acquisitions. Liverpool-headquartered SysGroup has posted a pre-tax loss of £194,000 for the six months to the end of September compared to a profit of £250,000 during the same period in 2021. The group’s revenue increased …
Business
Business Live
Consultancy on track to triple turnover after fastest company recognition
A fast-growing digital consultancy has announced plans to triple turnover to £6.75 million in the next three years and recruit over 80 new employees., as it aims to become a European leader in digital transformation projects. In recent months, Tribus Digital has delivered major projects in the construction, finance and technology sectors and was recognised …
Business
Business Live
Qatar World Cup: Bosses issued advice over staff wanting to watch games during work
As the Football World Cup kicks off in Qatar, bosses are being encouraged to set out clear guidelines to staff who might want to watch matches during working hours. Workplace advice organisation Acas has published its top tips for businesses to help prevent potential issues that could arise over the World Cup period. Many employees …
Business
Evening Standard
Virgin Money staff get 10% pay rise as profits jump
VIRGIN Money presented a surprisingly healthy picture of the UKeconomy today, with chief executive David Duffy insisting the future may not be as dark as City experts fear.He also said 7500 staff will get a 10% pay rise this year — that comes on top of a one-off £1000 cost of living payment made in …
Business
Evening Standard
Pendragon suitor Hedin handed extension by takeover panel
UK car dealership Pendragon has revealed its Swedish suitor has been handed an extension over its potential £400 million takeover move.In September, Swedish motor company Hedin Group approached Pendragon over a possible deal to buy out the entirety of its share capital at 29 pence per share.The group, owned by Anders Hedin, has a 27.5% …

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