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04.11.2022 - 14:21
Business
Sky News
Flutter investors brace for judge’s verdict on FanDuel stake sale
Investors in Flutter Entertainment, the FTSE 100 gambling group, are poised to discover the outcome of a year-long legal dispute with Rupert Murdoch’s Fox Corporation over the value of FanDuel, the American sports betting platform.Sky News understands that a New York court will deliver its verdict on the value at which Fox should be allowed …
04.11.2022 - 11:14
Business
Sky News
Government backs Sizewell C after reports nuclear power plant could be scrapped
The government says it still supports the Sizewell C nuclear power plant and is hoping to get a deal over the line to fully fund the project as soon as possible. Funding towards the Suffolk plant totalling £700m was signed off by Boris Johnson at the start of September in one of his last acts …
04.11.2022 - 10:25
Business
Business Live
Over half of Welsh firms restructuring to cope with soaring cost pressures
Welsh firms are restructuring their businesses to cope with the current economic pressures which are impacting their financial viability. According to Grant Thornton’s Business Outlook Tracker, over half (51%) of mid-sized businesses in Wales have restructured their operations to combat rising interest rates, high energy costs, and ongoing supply chain issues, while 39% have plans …
04.11.2022 - 10:12
Business
Evening Standard
No more beer and sausages: City institution Simpson’s Tavern to close after 265 years
For 265 years Simpson’s Tavern has been a huge part of the cultural and commercial life of the City.It has, as it notes, survived fires, world wars, plagues and disastrous budgets with the same approach: carry on and eat sausages.Now it has shut in a dispute with a landlord over rent arrears built up during …
04.11.2022 - 10:01
Business
Business Live
Sheffield manufacturer Cobra Sports on the move to new base in £1m expansion
Sheffield manufacturer Cobra Sport is moving into a new city base as part of ambitious £1m growth plans. The sports and performance exhausts firm, which makes and supplies stainless steel exhausts for high-end motor sports, is based near Meadowhall and has bought a new 6,000 sq ft unit on the Turner Business Park. Cobra is …
04.11.2022 - 09:47
Business
Evening Standard
New car market records third successive month of growth
The UK’s new car market has recorded a third successive month of growth.Some 134,344 new cars were registered in October, up 26.4% compared with the same month last year, according to the Society of Motor Manufacturers and Traders (SMMT).The SMMT attributed the increase to “strong order books” being partly fulfilled.But it noted that October 2021 …
04.11.2022 - 09:46
Press Release
Pressat
Veritek identifies three areas medical OEMs can drive customer satisfaction in after-sales support
Veritek Global, a pan-European after-sales and field engineering service specialist, today announced the availability of a free datasheet titled ‘After-sales services for medical equipment OEMs‘. The datasheet identifies three areas medical OEMs can scale after-sales service capacity to drive customer satisfaction. Medical OEMs that want to develop and grow a robust after-sales support strategy can …
04.11.2022 - 09:46
Business
Evening Standard
How is each train operator affected by the latest rail strikes?
Britain’s train operators have released plans for how their services will be altered during the rail strikes.On Saturday November 5, Monday November 7 and Wednesday November 9 services will be decimated with half of all lines closed.Trains will only operate between 7.30am and 6.30pm on strike days, and will start later than normal on the …
04.11.2022 - 09:42
Business
Sky News
Hundreds of workers to strike at Heathrow in run-up to World Cup
Hundreds of workers at Heathrow will walk out in the run-up to the World Cup finals this month over demands for better pay.Unite said 700 staff, who are involved in ground-handling, airside transport and cargo and are employed by dnata and Menzies at Heathrow, will strike for three days starting from 18 November. The World …
04.11.2022 - 09:35
Business
Evening Standard
Twitter to make staff cuts after Elon Musk takeover
Twitter has begun cutting jobs around the world in the wake of Elon Musk’s takeover and his major shake-up of the platform.There have been suggestions that as many as half of the social media giant’s global workforce could be cut as part of cost-saving measures.Twitter employs more than 7,500 people around the world and many …
04.11.2022 - 09:32
Business
Business Live
Bristol plant and machinery firm extends US growth with new deal
One of the UK’s biggest independent plant and machinery suppliers has continued its growth in the US with its second international acquisition in six months. Bristol-based Molson Group has bought quarrying, mining and waste management equipment dealers Powerscreen of Washington for an undisclosed sum. The deal comes after Molson snapped up the business that operates …
04.11.2022 - 09:31
Business
Evening Standard
Rishi Sunak reviewing Northern Powerhouse Rail and other infrastructure projects
Major infrastructure projects including a major high-speed rail line in northern England are being reviewed as Rishi Sunak tries to find £50 billion in savings and tax hikes.Business Secretary Grant Shapps hinted Northern Powerhouse Rail would be scaled back amid confusion over the commitment to a new nuclear plant in Suffolk.A senior Treasury source stressed …
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