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Evening Standard
Virgin Money reveals 10% pay rise for staff as profits jump
Lender Virgin Money has revealed a 10% pay rise for the majority of its 7,500 staff as it notched up a 43% hike in annual profits thanks to surging UK interest rates.The group said it is giving most workers a rise of around 10% on average to help them cope with soaring inflation, which comes …
Business
Evening Standard
Business chiefs and Government clash over calls for immigration to boost growth
Rishi Sunak is under pressure from business chiefs to use immigration to plug gaps in the domestic workforce.The Prime Minister will address the Confederation of British Industry (CBI) on Monday off the back of an autumn statement which put the country on course for tax rises and spending cuts at a time of recession and …
Business
Evening Standard
Compass profits almost triple as sport and business catering rebounds
Catering giant Compass has revealed that profits almost tripled over the past year after its recovery surpassed expectations.The world’s largest food services provider said it reported record new business growth as demand for business and sports catering rebounded following the impact of the pandemic.Revenues surged by 42.5% to £25.5 billion for the year to September …
Press Release
Pressat
A New Hypothesis That Unifies the Big Bang Theory and the Evolutionary Theory
Contact the author: [email protected]                        FOR IMMETIATE RELEASEA New Hypothesis That Unifies the Big Bang Theory and the Evolutionary Theory SYDNEY, AUSTRALIA – November 21, 2022 – A significant step in understanding the nature has been made with the recent publishing of a book, Behind Civilization (3rd. edition), …
Business
Sky News
Retail footfall expected to rise on Black Friday as shoppers move away from online
Retail footfall is expected to be up 12.8% on 25 November this year, also known as Black Friday, according to experts.Retail intelligence firm Springboard said that shoppers are expected to capitalise on discounts amid inflationary pressure and fears around Christmas supply shortages. There is also likely to be a shift to shopping in physical retail …
Press Release
Pressat
Enex Technologies, through CCC Holdings Europe S.p.A., has entered into a sale and purchase agreement for the acquisition of Emicon A.C. S.p.A., Hidros S.r.l and Ethra Tech S.r.l
MILAN, November 21, 2022 – Enex Technologies, a transformative world leader in natural and energy efficient cooling, heating and refrigeration equipment (“HVACR”) that helps reduce global warming and its impact on climate change, announced today the signing of the sale and purchase agreement for the acquisition of Emicon A.C. S.p.A., Hidros S.r.l, and Ethra Tech …
Business
Sky News
‘Look to British workers not immigrants’, minister urges businesses
UK firms should be “looking to the British workforce” rather than relying on immigrants to fill jobs post-Brexit, a minister has said.At its annual conference, the director general of the Confederation of British Industry (CBI), Tony Danker, called on the government to use immigration to solve worker shortages in the UK, saying it must be …
Business
Sky News
Challenger bank Tandem poaches finance chief from rival Atom
A challenger bank specialising in green finance has poached its new finance chief from a rival as it seeks to accelerate its growth in a challenging economic environment.Sky News understands that David McCarthy, who resigned after eight years as chief financial officer of Atom in September, is joining Tandem Bank in the same role. Mr …
Business
Evening Standard
B&Q owner to update outlook for DIY sector amid income squeeze
B&Q owner Kingfisher is set to reveal how the DIY sector is faring as consumers face squeezed household budgets and the housing market slows.The FTSE 100-listed firm will give shareholders an update on its trading over the latest quarter on Thursday, and investors will be looking eagle-eyed at the company’s outlook for home improvement retailers.Kingfisher, …
Business
Evening Standard
Gap between diesel and petrol prices nears 25p per litre
The extra cost of diesel compared to petrol has reached a new high of nearly 25p per litre.Latest Government figures show the average price of a litre of diesel is 188.9p.That is 24.5p more expensive than petrol, which stands at 164.4p per litre.Analysis by the PA news agency found this is the largest price difference …
Business
Sky News
Gordon Ramsay’s three-star Michelin restaurant taken over by climate activists
Climate change activists have occupied Gordon Ramsay’s three-star Michelin restaurant in London.Members of Animal Rebellion entered Restaurant Gordon Ramsay on Hospital Road, Chelsea, at around 6pm on Saturday. Wearing smart casual clothing, they sat at tables reserved for guests of the high-end restaurant.They held mock menus outlining the environmental costs of items served on the …
Business
Evening Standard
‘Urgent measures’ needed to close gender pay gap – report
Urgent measures are needed by employers and the government to close the gender pay gap, according to a new report.The Fawcett Society said women face “double trouble” because of the combined impact of the cost-of-living crisis and the difference in their pay compared with men.The campaign group said its research showed that during 2022 women …

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