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02.11.2022 - 10:33
Business
Sky News
Russia to resume participation in Ukraine grain export deal brokered by the UN
Russia is set to resume its participation in the Ukraine grain export deal, the country’s defence ministry has confirmed. Moscow pulled out of the UN-brokered agreement over the weekend following what it called a “terrorist attack” on its fleet of Black Sea ships in Crimea by Ukrainian forces. The country said it could not guarantee …
02.11.2022 - 10:30
Business
Business Live
JTL to deliver trade apprenticeships in Hull
JTL, one of the leading apprenticeship providers in England and Wales, has opened a new training centre in Hull. A recruitment drive for potential learners for the Sykes Street facility has begun, with the delivery of plumbing, heating, and electrical engineering apprenticeships planned. Joseph Lo, centre manager at Hull, said: “We are delighted to be …
02.11.2022 - 10:24
Business
Business Live
Bristol and Bath e-scooter operator bids open as trial extends
An operator is being sought for an e-scooters trial across the West of England after the scheme was extended for a further two years. More than 280,000 people have used the transport devices to make six million journeys across the region since the trial began in 2020. The West of England Combined Authority (WECA) has …
02.11.2022 - 10:20
Business
Business Live
£200m South West growth fund to launch next year
A £200m investment fund to support the growth of small-and-medium-sized businesses across the South West is on course to be launched in the first half of next year. The South West Investment Fund from the British Business Bank is aimed at plugging a funding gap in the region and driving sustainable economic growth. It will …
02.11.2022 - 10:11
Business
Business Live
First year success for Gower-based e-bike rental service firm
A start-up which delivers rental electric bikes to people living on the Gower peninsula has seen great success in its first year after financial backing from the Development Bank of Wales. Gower Electric Bikes launched earlier this year and received £17,000 in start-up capital from the Wales Micro Loan Fund to launch their venture. Founders …
02.11.2022 - 10:10
Business
Business Live
£88m funding pot for West Midlands businesses and communities
Funding worth £88 million has been earmarked to support local businesses and other community groups across the West Midlands. West Midlands Combined Authority has approved its UK Shared Prosperity Fund investment plan which will trigger the Government’s release of the money to the region over the next three years. The authority’s board has agreed that …
02.11.2022 - 09:39
Business
Evening Standard
Next sales offer hope for the high street as winter looms
NEXT offered a ray of hope for the high street today when it said sales are up on a year ago as shoppers stocked up on warm clothes in readiness for winter.City analysts still warn that there is trouble to come even for Next, generally regarded as the best run business in UK retail.Sales in …
02.11.2022 - 09:28
Business
Evening Standard
Wizz Air losses take off as strong summer fails to offset impact of dollar headwinds
Losses at Budget airline Wizz Air have widened to 384 million euros in the six months to September, the firm said today, as a strong summer recovery was unable to offset severe travel disruption earlier in the year.But the Budapest-based business sounded a note of optimism as it said demand for flights remained strong and …
02.11.2022 - 09:22
Business
Sky News
Why ‘#TrumpIsDead’ was trending on Twitter (when he’s not dead)
Tweets of Donald Trump’s death have been greatly exaggerated.You may have woken up to #TrumpIsDead trending on Twitter this morning, and swiped over to your news app of choice to find out more. Of course, there would have been no such story there. The former US president is alive and well – to coin one …
02.11.2022 - 09:18
Business
Evening Standard
Monty Python inspired Elon Musk’s idea of ‘charging for insults and arguments’
Elon Musk says he took inspiration from Monty Python for “charging for insults and arguments” amid ongoing backlash from his decisions as the new head of Twitter.The tech billionaire, who completed his acquisition of the platform last week, reportedly plans to charge verified users to retain their blue tick.Following outrage stemming from the reported proposal, …
02.11.2022 - 08:50
Business
Evening Standard
Metro Bank assures over borrower resilience as it cheers returning to profit
High street lender Metro Bank has revealed it returned to profit in September and said it has not yet seen signs of borrowers struggling with repayments amid the cost-of-living crisis.The group set aside another £10 million for loans expected to turn sour as the economic outlook darkens, but stressed there has been no worsening of …
02.11.2022 - 08:49
Business
Evening Standard
Supply chain problems hit Aston Martin deliveries and profits
Aston Martin has warned it will deliver fewer cars than expected this year after being hit by supply chain issues.The luxury car manufacturer cut its guidance for deliveries and profit margins as the company was also affected by weakness in the pound.Executive chairman Lawrence Stroll said supply chain problems had hit the planned delivery of …
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