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The Plymouth coffee shop on a mission to raise awareness of the Rwandan genocide
The founders of a coffee shop in Plymouth are hoping to raise awareness of the impact and consequences of the Rwandan genocide with a new short documentary showcasing their story. Husband-and-wife duo Jabo Butera and Liliane Uwimana are the founders of Jabulani Coffee on Union Street – and are on a mission to connect the …
Business
Evening Standard
Lloyds Bank debt fears as talk of house price crash grows
FRESH fears about the UK economy emerged today when Lloyds Bank set aside more than half a billion pounds to deal with bad debts and warned on a “deteriorating” outlook.Since it dominates the mortgage and savings market, Lloyds is regarded as a close proxy for the wider UK economy – 98% of its business is …
Business
Evening Standard
Meta financial results a sign ‘all is not well’, experts say
Meta’s latest financial results “paint a picture of a company where all is not well”, industry analysts have said.The social media giant published its financial figures for the three-month period ending on September 30 on Wednesday, which revealed a revenue drop for the second quarter in a row, while profits were also down.And while a …
Business
Business Live
Recruitment underway at Pensana as orders placed for infrastructure to build £150m chemical plant
Rare earth processor Pensana has initiated recruitment of key operating personnel for its £150 million Saltend plant. The inward investor is developing both mining operations in Africa and the complex separation plant on the Humber, as it prepares to supply vital oxides used in electric vehicle batteries and wind turbines. It has given an operational …
Business
Business Live
New £26m deal will see 700 affordable homes for south Wales by 2030
Principality Building Society has completed a new deal worth £26m with Swansea-based housing association, Caredig. The deal will support the development of 700 new affordable homes across south Wales by 2030. Caredig (formerly known as Family Housing) manages over 2,897 affordable homes, providing a range of services, with a core focus on social housing. Cerys …
Business
Evening Standard
Made.com ends sale process after search for rescue bid fails
Teetering furniture seller Made.com has abandoned hopes of finding a buyer to save it from the cliff edge a day after suspending sales to new customers.Bosses said they have realised there is “no reasonable prospect” that an acceptable rescue bid will be tabled.As a result the business ended a month-long sale process which the business …
Business
Business Live
Bristol eye health app raises £2m in pre-seed funding round
A Bristol start-up that has developed eye health self-monitoring apps has closed a pre-seed funding round of £2m. OKKO Health was founded by Dr Stephanie Campbell in 2018 and includes a range sight-monitoring apps focusing specifically on macular degeneration. The funding round was led by Dieter von Holtzbrinck Ventures (DvH Ventures), based in Cologne, Germany, …
Business
Evening Standard
Lloyds Bank guards against loan losses but hails ‘resilient’ mortgage customers
Lloyds Banking Group has said most of its mortgage customers will be able to withstand cost-of-living pressures, despite the company revealing it has set aside £668 million to cover loan losses.The UK’s biggest lender said its statutory pre-tax profits were £1.5 billion in the third quarter – a more than 25% drop from the £2 …
Business
Evening Standard
Made.com quits search for rescue buyer after pausing customer orders
Embattled furniture retailer Made.com has edged another step closer to the brink as it confirmed it had abandoned a search for a rescue buyer after admitting that “there is no reasonable prospect” an offer will be forthcoming.Yesterday the business said it had suspended taking new orders from customers. Made later confirmed it was no longer …
Business
Sky News
High rents and longer tenancies boost Foxtons revenues
Tenants are paying more and signing up to longer tenancies, according to a trading update from Foxtons estate agents.The London-listed company reported taking in £29.2m in lettings revenue in the three months from July to September this year, an 18% increase on the £24.8m taken in over the same period last year. That increase came …
Business
Sky News
Shell reports profits of nearly $10bn for third quarter of year
Shell has reported operating profits of $9.5bn (£8.19bn) for the third quarter of this year, lower than that of the three months before but still more than double the same period in 2021. The London-listed energy giant reported two consecutive quarters of record profit in the first half of the year at a time of …
Press Release
Pressat
Your Daily Commutes Will be Seamless, Connected and Productive.
Laureti & Icona’s Partnership Inches Closer Towards Connected Multimodal Mobility. The roaring 20s of this century are already seeing the mobility revolution through the rise of electric and autonomous technologies, continued innovations of Hyperloops, electric planes and maglev trains. Yet as we head towards 2030, the global share of the urban population is projected to …

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