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Evening Standard
Broadband speed fears slowing take-up of social tariffs, Which? warns
Households eligible for broadband social tariffs are not taking up the offer over concerns the speed offered will be too slow, a consumer group said.Just 3.2% or 136,000 of the 4.2 million households on Universal Credit who are entitled to the discounted deals have taken them up, Ofcom figures show.Which? surveyed more than 2,000 people …
Business
Evening Standard
Broadband speed fears slowing take-up of social tariffs, Which? warns
Households eligible for broadband social tariffs are not taking up the offer over concerns the speed offered will be too slow, a consumer group said.Just 3.2% or 136,000 of the 4.2 million households on Universal Credit who are entitled to the discounted deals have taken them up, Ofcom figures show.Which? surveyed more than 2,000 people …
Business
Evening Standard
Apprentice winner sells multi-million pound company he built with Lord Sugar
An Apprentice winner who scooped the top prize and investment from Lord Alan Sugar has sold his business after seven years.It is the first time one of the companies formed after the show has been successfully disposed of.Lord Sugar said 2014 winner Mark Wright, who came to the UK from Australia with little to his …
Business
Evening Standard
Apprentice winner sells multi-million pound company he built with Lord Sugar
An Apprentice winner who scooped the top prize and investment from Lord Alan Sugar has sold his business after seven years.It is the first time one of the companies formed after the show has been successfully disposed of.Lord Sugar said 2014 winner Mark Wright, who came to the UK from Australia with little to his …
Press Release
Pressat
PaddlUp achieves its most lucrative supercar sale to date with classic Ferrari F40
Supercar sales platform PaddlUp has sold its notoriously wrapped, grey Ferrari F40 notching its biggest sale thus far. Facilitating the transaction of the iconic used sports car yielded an enviable ROI (return on investment) that’s befitting of the brand’s focus on automotive investing. Acting as PaddlUp’s ambassador since the brand took its first steps into …
Business
Sky News
Train drivers from 12 companies to go on strike again later this month
Train drivers across England have declared a fresh strike in their long-running dispute over pay and conditions.Members of the Aslef union will walk out on Saturday 26 November, causing more disruption for passengers after months of walkouts by various groups. The 12 companies involved are Avanti West Coast; Chiltern Railways; CrossCountry; East Midlands Railway; Great …
Business
Sky News
Union representing more than 100,000 civil servants votes for strike action
A union representing more than 100,000 civil servants has voted to strike in a dispute over pay, pensions and jobs.The Public and Commercial Services union (PCS), one of the largest unions in the UK, said the legal threshold for industrial action had been reached in 126 separate areas, covering workers including driving test examiners, border …
Business
Sky News
First step towards recession as economy shrinks
The UK economy contracted by 0.2% in the third quarter, early official figures show – prompting the chancellor to warn that the “tough road ahead” will require “extremely difficult decisions”.The figure marked the first step towards recession. The Office for National Statistics (ONS) reported a dip in output for September, leaving gross domestic product (GDP) …
Business
Business Live
Green energy focused Welsh freeport consortium bidder appoints chair
A consortium involving the ports of Port Talbot and Milford Haven bidding to secure a multi-site green energy focused freeport has appointed tech investor and former Alcan Aluminium executive Roger Maggs as its chair. After agreement was reached between the UK and Welsh governments a freeport will be established in Wales with a £23m funding …
Business
Sky News
Musk ends working from home at Twitter and warns of ‘difficult times ahead’ after mass sackings
Elon Musk has banned remote working at Twitter, warning staff of “difficult times” ahead, just days after sacking half the workforce.Employees who survived last week’s cull by the social network’s new owner were told via email they would be expected to be in the office for at least 40 hours per week, according to Bloomberg …
Business
Business Live
Prax looks towards cleaner fuels and methods with revenues of £4.6b in first year of refinery operations
The first year performance of Lindsey Oil Refinery under new owner Prax has been reported financially, with enthusiasm underlined for cleaner fuels and production. The North Killingholme site returned a £3 million profit, after a £195 million loss in 2020/21. Huge variations are not uncommon in the sector, with major shutdowns and huge upfront costs …
Business
Business Live
Bridgend marine technology integrator completes seven-figure MBO
Bridgend-based technology service provider for the marine sector Avantis has completed a management buyout following a seven-figure financial package from the Development Bank of Wales and HSBC. The buyout was between current owner UK investment group Envoy and Thomas David who has become chief executive. Mr David, 30, is supported by chairman Chris David, chief …

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