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Evening Standard
Inflation set to leap to new 40-year high after eye-watering energy bill hike
Painful gas and electricity bill rises in October are expected to send UK inflation surging to a fresh 40-year high in official figures on Wednesday, but experts predict this is likely to mark the peak in the cost-of-living crisis.Most economists forecast that the latest data from the Office for National Statistics (ONS) will show Consumer …
Business
Evening Standard
UK could have slashed gas use with higher rates of heat pumps, analysis finds
If the UK had deployed heat pumps at the same rate as some other European countries, our dependence on gas would be significantly lower this year, analysis suggests.An assessment from the Energy and Climate Intelligence Unit (ECIU) found that if the UK had already installed the same amount of heat pumps per 100,000 people as …
Press Release
Pressat
Empowered councils can deliver net zero and clean growth
Press release Embargo date: from 00.01 a.m., Wednesday 16 November 2022 Empowered councils can deliver net zero and clean growth Local government should be empowered to independently fund clean growth projects and lead the drive to hit net zero in local communities, a report from Localis today urges. ‘Mapping a route to clean local growth …
Press Release
Pressat
The inaugural ‘Prototypes for Humanity Award’ recognises projects in the fields of Environment, Health, Society and Corporate Solutions
November 15, 2020 – Bringing together stakeholders from the private and public sectors to unlock the potential of international academic ingenuity, Prototypes for Humanity emerges as one of the world’s most diverse assemblies of academic innovation. Its inaugural event showcases 100 best-in-class impact innovation projects developed by university students across various science, tech and creative disciplines, chosen …
Business
Sky News
Thomas Cook’s Chinese owner in talks to sell stake in British holiday brand
The Chinese owner of Thomas Cook is exploring the sale of a stake in the famous British holiday brand three years after its ignominious collapse.Sky News has learned that Fosun Tourism Group is examining options including raising capital from an outside investor in the coming months. Industry sources said on Tuesday that Fosun was also …
Business
Sky News
War in Ukraine helps boost earnings outlook at arms manufacturer BAE Systems
Arms manufacturer BAE Systems has said it has seen increased orders, the benefits of which are to be felt for years to come, as global spending on defence rises in the wake of the Ukraine war.The company has taken £28bn of orders this year, a trading update published by the company said. “A key underpin …
Press Release
Pressat
Parkopedia publishes the 2022 Global Parking Index
Parkopedia releases the third edition of its Global Parking Index, with detailed information on global average parking prices and the key trends influencing price changesNew York continues to be the most expensive city for 2-hour off-street parking ($43.10 average) and is now also the most expensive city for daily off-street parking ($52.65 average)Australia also continues …
Business
Business Live
HAVE YOUR SAY: What must the Autumn Statement do for your business?
Chancellor Jeremy Hunt will deliver the government’s Autumn Statement on Thursday, November 17, bringing in ‘tough decisions’ as the economy faces the longest recession on record and soaring inflation at a 40-year high. The Chancellor has warned that everyone will be paying more tax as a result and department spending will be squeezed. But businesses …
Business
Business Live
Sage appoints top tech marketer and diversity champion
The CEO of a company that helps women advance into leadership roles has been appointed to the board of Sage. Maggie Chan Jones, the founder of Tenshey and an experienced tech marketer across senior roles at global companies, has become a non-executive director of the accounting software giant. Revealing the move to the London Stock …
Press Release
Pressat
Will the autumn budget strike another blow to business rates?
On the 17th of November, the Chancellor of the Exchequer will announce the now officially coined ‘autumn budget’. It is expected that this budget will herald a host of tax increases, including increasing the amount of NI (National Insurance) that businesses could pay on employee salaries. The one thing that has been noticeably absent from …
Business
Evening Standard
Russian withdrawal hits Imperial Brands but annual profit stays near £3 billion
Imperial Brands, the maker of John Player Special and Gauloises cigarettes, has taken a hit from its withdrawal from Russia, reporting drop of almost 15% in annual profit, which still came in at almost £2.7 billion.It claims to be the only major tobacco company to have fully withdrawn from the country after Moscow’s invasion of …
Business
Evening Standard
Amazon preparing major job cuts – report
Amazon is the latest tech firm preparing to cut thousands of jobs in response to the economic downturn, according to reports in the US.The tech giant is said to be considering cutting around 3% of its office staff, which would mean around 10,000 people could be affected.The reports come in the wake of substantial job …

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