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Evening Standard
Joules in talks with founder over cash injection as trading woes continue
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 …
Press Release
Pressat
New online flower shop in the UK – My Express Flowers
My Express Flowers online flower shop has just launched its brand new website, offering fast delivery all across the United Kingdom. Delivery to other European countries is available as well. This is great news for anyone who loves flowers and wants to send a special bouquet to their special ones. No more waiting in line …
Business
Sky News
Shapps hints at windfall tax expansion on energy firms due to ‘unexpected profits’
Business Secretary Grant Shapps has hinted that the government may extend the windfall tax on oil and gas companies in this month’s autumn budget as it tries to stabilise the UK’s public finances.Speaking to Sky News with just 10 days to go before the government’s fiscal plans are unveiled, Mr Shapps said: “I mean, it …
Business
Sky News
Higher fares and record traffic make Ryanair finances better than pre-COVID
While most airlines and airports have struggled to return to pre-pandemic health, Ryanair has brought itself to a better position than 2019.Record passenger numbers in the second quarter and higher fares have resulted in a profit of €1.37bn (£1.2bn) for the first half of its 2023 financial year. The numbers are better than pre-pandemic. Profits …
Business
Sky News
Labour peer Lord Alli returns to stock market with Marwyn vehicle
The Labour peer who once presided over media assets including the Octonauts, Mr Men and Noddy is returning to the London stock market at the helm of a vehicle that will target takeovers in the creative industries.Sky News has learnt that Lord Waheed Alli, the former boss of Chorion and online fashion retailer Koovs, will …
Business
Business Live
Broadband specialist Alncom to ramp up rural connections with eight-figure funding
A North East rural broadband business is set to accelerate ultrafast connections in the region after securing funding worth more than £10m from investors. Alncom, based in Alnwick, has received an eight-figure funding boost from strategic investors including Northumberland Estates, to be split with telecom specialist Railsite Telecom, in moves aimed at rapidly expanding its …
Business
Business Live
Construction innovator Merit gears up for growth after expansion approval
The chief executive of construction pioneer Merit has told how the firm is gearing up for growth after plans to extend its Northumberland base were approved. The Cramlington business – a former North East Company of the Year – specialises in work on high-tech, complex structures for clients in the healthcare, pharmaceutical, energy, manufacturing, retail, …
Business
Sky News
Why you’ll likely see more money in your pay packet this month
Workers are set to see more money in their pay packets as a rise in National Insurance is being reversed today.National Insurance contributions rose by 1.25 percentage points in April as part of plans to help pay for social care and deal with the NHS backlog. Most employees will see a cut to their contribution …
Business
Evening Standard
Reversal of national insurance hike comes into effect
The cancellation of the 1.25 percentage point rise in national insurance has come into effect today.The rise was introduced by Boris Johnson’s government, with Rishi Sunak as chancellor, in April and reversed by former chancellor Kwasi Kwarteng in his infamous mini-budget last month.Its scrapping is one of few economic policies introduced by Liz Truss and …
Business
Sky News
Twitter launches update that lets you pay for verification badge
Twitter has started rolling out its revamped subscription service that allows anyone to pay for a verification badge.An update to the platform’s iOS app, launched on Saturday, says the new-look Twitter Blue is now live, with the checkmark on your account listed among the perks of paying $7.99 a month. “Power to the people: Your …
Business
Evening Standard
ScotRail services return to normal on Tuesday, but commuters face Monday misery
Commuters face a Monday of misery as rail disruption is set to drag into next week despite a union calling off its planned strike.RMT members had been due to stage 24-hour walkouts on Saturday, Monday and Wednesday in their bitter dispute with Network Rail, but leaders cancelled the strikes on Friday.ScotRail said there would still …
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 …

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