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Evening Standard
AO World reveals widened losses amid cost crisis, but insists actions paying off
Online electricals retailer AO World has posted widened half-year losses after sales fell, and cautioned trading will be remain under pressure amid the cost-of-living crisis and supply chain woes.The group reported pre-tax losses of £12 million for the six months to September 30, against losses of £4 million a year earlier, as revenues tumbled 17% …
Business
Sky News
Government borrowed fourth highest amount last month since records began
Government borrowing leapt above COVID-19 levels to reach the fourth highest monthly amount since records began in 1993, official data shows.The Office for National Statistics (ONS) reported that public sector net borrowing came in at £13.5bn in October as the energy bills support scheme were rolled out. The figure is actually £7.5bn less than economists …
Press Release
Pressat
Flash flood plans should touch on surface risks, Localis report warns
Press release Embargo date: from 00.01 a.m., Tuesday 22nd November 2022 Flash flood plans should touch on surface risks, Localis report warns Responsibility for tackling the growing prevalence of flash surface flooding should be gripped by central and local government to prevent needless damage to property and human misery, the think-tank Localis has argued. In …
Business
Evening Standard
Supermarkets ‘taking advantage’ of drivers with high fuel prices – RAC
Supermarkets are “taking advantage” of drivers by charging “far higher” fuel prices than they should be, a motoring services company has said.The RAC accused the UK’s biggest fuel retailers of refusing to lower their pump prices despite a drop in wholesale costs.It said supermarkets’ profit margins are around 15p per litre for petrol and diesel.There …
Business
Sky News
Five energy firms named as having ‘severe weaknesses’ which are failing customers
Energy suppliers need to do more to help vulnerable customers this winter, the industry’s regulator has said, with “severe weaknesses” found in the practice of five suppliers.Ofgem said failings included customers missing out on free gas safety checks, vulnerable customers not being offered the support they need, and ensuring those on prepayment meters are identified …
Business
Sky News
Staff at Newport Wafer Fab urge Shapps to ‘see sense’ over forced sale
Staff at the UK’s largest microchip factory have urged the business secretary to U-turn on his decision to force its Chinese owners to sell a majority stake.Grant Shapps revealed last week that Nexperia must sell at least 86% of its interest in Newport Wafer Fab because of national security concerns. The plant, which produces transistor-style …
Business
Sky News
Business frustrated by central problem of Brexit drag for economy
With soaring inflation, a nascent recession and the fallout from eight weeks of perilous political and economic instability there were no shortage of issues facing Rishi Sunak as he made the annual Prime Minister’s address to the CBI conference.Yet the one confronting the PM as he travelled to Birmingham is the same that faced his …
Press Release
Pressat
Haag-Streit Academy announce new dates for Basic Slit Lamp & Slit Lamp Imaging Courses
Harlow, UK – 21st November 2022 – Haag-Streit UK (HS-UK), the leading manufacturer and distributor of gold-standard diagnostic and surgical devices and instruments for ophthalmologists, optometrists, and orthoptists, is delighted to confirm that Haag-Streit Academy will be hosting a further ‘Slit Lamp Basic Skills course’ and a ‘Slit Lamp Imaging Course’ at the Haag-Streit Academy …
Business
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. …

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