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Sky News
Cost of household shopping rises record amount in a month
The cost of the average annual grocery shop has risen by almost £40 in just one month, according to an industry report which is warning it is too early to say when food price inflation will peak.Kantar Worldpanel reported a fresh record grocery inflation figure of 14.7% for the four weeks to 30 October, saying …
Press Release
Pressat
Achieving net zero – Taking the next step
So many organisations have set net zero carbon objectives but knowing where to start the journey can be a daunting task. At the same time, an increase in the pace and scale of decarbonisation across the public sector estate is urgently needed to reach national targets – however, there is help, funding, and substantial guidance …
Business
Sky News
Made.com co-founder’s ‘final’ rescue bid fails, paving way for collapse
Co-founder and former chief executive of Made.com Ning Li has told staff that his “final” bid to save the company from collapse has been rejected, paving the way for its collapse.In an open letter on his Linkedin page, Mr Li said he had made three bids to salvage the online furniture brand, which would have …
Business
Sky News
Ten possible jobs of the future – and why Britain may struggle to fill them
Britain will struggle to fill the jobs of the future if computer science and artificial intelligence (AI) are not made part of the school curriculum, research has warned.Demand for jobs that require such skills is estimated to rise by 40% over the next five years – but with only 15% of UK businesses having adopted …
Business
Sky News
Millions of Britons to receive £324 in their bank accounts from today to help with cost of living
Millions of Britons on low incomes will start receiving £324 into their bank accounts today to help them through the cost of living crisis.The payments are the second part of a £650 sum being paid out to people receiving benefits such as Universal Credit, income-based jobseeker’s allowance (JSA), income-related employment and support allowance (ESA), income …
Business
Sky News
Liverpool owners say they are open to offers, raising prospect of club being sold
The owners of Liverpool FC have said they are open to offers, raising the prospect of the club being sold.The Fenway Sports Group (FSG), which also owns the Boston Red Sox, bought the club in 2010, with it going on to win the Premier League in 2019-20 and the Champions League in 2019. In a …
Business
Sky News
CVC makes £1.5bn approach for IWG’s Instant Group arm
The private equity backer of Six Nations Rugby has approached Britain’s biggest serviced offices provider about a £1.5bn deal that could trigger a broader break-up of the group.Sky News has learnt that CVC Capital Partners is among a number of buyout firms which have approached IWG, the FTSE-250 company previously known as Regus, about acquiring …
Business
Sky News
Meta expected to lay off thousands as tech job cuts mount
Meta, the company previously known as Facebook, and the parent company of WhatsApp and Instagram, is expected to become the latest tech company to cull its workforce.The company is reported to be preparing for large-scale cuts of its workforce across the world. A spokesperson declined to comment directly on the reports but pointed to a …
Business
Evening Standard
Luxury brand Joules blames sales slump on good weather as it fights for refinancing
Clement autumnal weather has led to a slump in sales of coats and wellies luxury British designer Joules said today as it fought for extra financing to stay afloat.The brand, which is a firm favourite with Prince William and Kate, Princess of Wales, said trading had fallen behind forecasts in recent weeks amid hotter-than-expected temperatures …
Business
Business Live
Howden raises profit expectations after record-breaking peak trading period
East Yorkshire kitchen giant Howden Joinery Group has broken sales records through its busiest trading period. The company saw revenues up 44.7 per cent in the 20-week period between June 11 and October 29 compared to pre-Covid levels, as home improvement spending continued. Given the “continued momentum” the FTSE-listed operation has increased profit expectations for …
Business
Evening Standard
Chancellor weighs up £35bn in spending cuts to fix hole in public finances
Chancellor Jeremy Hunt is said to be preparing up to £60 billion in tax rises and spending cuts as he navigates “difficult decisions” on the UK’s battered public finances.Treasury sources confirmed that as much as £35 billion of the “fiscal tightening” could come in the form of a reduction in spending, signalling a further squeeze …
Business
Business Live
ADVERTORIAL: Take your start-up to the next level with software solutions from Rocketmakers
In October, Bath-based software agency, Rocketmakers, celebrated 15 years since its launch and Business Live has taken a closer look at why the company has been such a success. Founded in 2007, Rocketmakers designs, develops, and delivers innovative software for ambitious companies by using deep software development expertise. The company designs and builds scalable solutions …

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