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Sky News
Holiday hell for Disney visitors forced to stay inside resort after single COVID case
Stay-at-home orders and mandatory testing notices have been issued to several Shanghai residents as authorities race to trace contacts linked to a COVID-positive woman whose visit to the city’s Disney resort prompted its temporary lockdown.The Shanghai Disney Resort on Monday became the latest major venue to shut its gates due to China’s strict zero-COVID policy, …
Press Release
Pressat
Timeless Fashion: 90-year-old British heritage brand launches new collection of limited-edition handmade silk scarves
A 90-year-old British heritage brand is delighted to announce the launch of a brand-new scarf collection — with newly designed statement pieces gracing its online boutique store for the first time in decades. Jacqmar, a British-owned scarf business established in 1932, has launched its newest collection of stylish scarves — the first new additions in …
Business
Sky News
BP sees huge profits after gas prices surge
BP has credited strong natural gas trading for strong quarterly profits of £7.1bn, which have fanned the flames around demands for stiffer windfall taxes.The oil and gas giant revealed third quarter profits of $8.2bn compared to $3.3bn in the same period a year earlier – boosted by high prices resulting from the impact of Russia’s …
Business
Evening Standard
‘Retailers want to see tougher laws on tobacco sales’
Most shopkeepers support existing tobacco laws and want the Government to go further in protecting people’s health, according to a new report.People running newsagents, off-licences, convenience stores and petrol stations are in favour of more regulation, while many are worried about vaping sales to children, it found.The charity Action on Smoking and Health (Ash) commissioned …
Business
Sky News
Tax rises ‘likely’ as govt faces ‘unpalatable menu’ to fill £40bn black hole, leading thinktank warns
Tax rises are “likely” to come soon as the government faces an “unpalatable menu” to find ways to fill a £40bn fiscal black hole, a leading thinktank has warned.A Resolution Foundation report suggests Rishi Sunak and his Chancellor Jeremy Hunt face a thankless task to re-balance the nation’s finances after former chancellor Kwasi Kwarteng’s ill-fated …
Business
Sky News
Purplebricks founder’s property portal Boomin turns to bust
Boomin, the online property portal founded by the former boss of Purplebricks, has called in liquidators after failing to secure new funding.Sky News has learnt that Boomin, which counted Channel 4 among its investors, called in BK Plus, an accountancy firm, to handle its insolvency on Monday. Boomin was launched by Michael Bruce in an …
Business
Sky News
BritishVolt on the brink as £100m of government funding yet to materialise – source
The company behind a planned battery gigafactory to help power the UK’s electric car future is on the brink of collapse because £100m of promised government funding is yet to be paid, a source has told Sky News.It was revealed in January that BritishVolt’s plans for the site in Northumberland had secured financial backing from …
Business
Sky News
Britishvolt on the brink as £100m of govt funding yet to materialise
The company behind a planned battery gigafactory to help power the UK’s electric car future is on the brink of collapse because £100m of promised government funding is yet to be paid, a source has told Sky News.It was revealed in January that Britishvolt’s plans for the site in Northumberland had secured financial backing from …
Business
Sky News
Growing consumer caution evident as mortgage approvals and demand for borrowing ease
Lending to British consumers rose last month by less than expected and the number of mortgages approved by lenders eased back, according to Bank of England (BoE) data.Mortgage approvals for house purchases fell to 66,800 in September from 74,400 in August – reflecting rising interest rates to battle inflation and the start of the fallout …
Business
Sky News
Demand for mortgages falls as customers grapple with high rates
Mortgage lending fell as the number approved didn’t rise as high as expected, according to Bank of England (BoE) data.Mortgage approvals for house purchases fell to 66,800 in September from 74,400 in August – reflecting rising interest rates to battle inflation and the start of the fallout from the mini-budget, according to analysts. A large …
Business
Sky News
Eurozone inflation rises far more than expected to hit record 10.7%
The annual rate of inflation in the euro zone has hit a record high of 10.7%, again exceeding levels predicted by economists and market analysts.The European Commission’s statistics agency Eurostat reported that food and imported industrial goods all pushed prices sharply higher in October – adding to the bloc’s energy-driven inflation crisis. Economists had predicted …
Business
Evening Standard
Is the Bank of England on a “collision course” with Rishi Sunak?
Are political considerations leaking into Bank of England interest rate calls?Well, we might have a clearer idea of that on Thursday, when the Bank makes one of the most closely watched monetary policy decisions in ages.There’s no question rates will go up from 2.25%, but by how much?City folk are asking each other this: are …

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