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UK gender pay gap widens to 8.3% but below pre-pandemic levels
The gender pay gap for UK workers widened to 8.3% this year, according to official figures.The Office for National Statistics (ONS) revealed that the difference in average earnings for full-time male and female employees struck the figure in April, rising from 7.7% in April 2021.Nevertheless, it was down from 9% in April 2019, before the …
Business
Business Live
Leonardo Helicopters’ huge new £30m hub reaches milestone
A vast logistics hub being built in Somerset by defence and aerospace giant Leonardo has reached a major milestone, the company has announced. The flooring and structure of the £30m building within the grounds of the company’s Yeovil site was recently completed, with the business marking the occasion with workers making cement handprints in the …
Business
Business Live
Office fitout firm Paramount on track to exceed £50m revenues
Office fitout and design firm Paramount has appointed Richard Jones as its chief executive as it targets new markets and breaking through the £50m revenue mark. Mr Jones, previously the Cardiff’s firm’s managing director, first joined Paramount 15-years ago and led a management buyout of the business from Nigel Roberts and his family in 2018. …
Business
Sky News
Ford to end production of Fiesta cars
Ford has announced the end of the UK’s best selling car – the Fiesta.By the end of June next year, no more Fiestas are to be produced in the manufacturer’s factory in Cologne, Germany. The Fiesta was the UK’s best-selling car with 4,804,098 sold, according to data from the Society of Motor Manufacturers and Traders.It …
Press Release
Pressat
African Energy Award for Dietsmann founder Peter Kütemann
During the African Energy Week (AEW) Conference in Cape Town, South Africa, Dietsmann founder and chairman Peter Kütemann had the honour of receiving the Inaugural Barkindo Lifetime Achievement Award. Presented by the Secretary-General of OPEC, H.E. Haitham al-Ghais, this annual award has been renamed in honor of his predecessor, H.E. Mohammad Barkindo. Dr Barkindo passed …
Business
Sky News
Hunt delays Halloween economic statement
Jeremy Hunt has delayed the announcement of the government’s economic plan from Halloween to 17 November, saying it will help ministers make “difficult decisions… that stand the test of time”. A medium term fiscal statement was due to be delivered by the chancellor in the Commons on 31 October – along with a forecast from …
Business
Sky News
‘No cancellations this Christmas’ as Heathrow takes steps to avoid travel chaos
The UK’s busiest airport is still less busy than pre-pandemic times but is planning measures to prevent Christmas travel chaos.Demand for air travel is still below 2019 pre-pandemic levels, Heathrow Airport said, with numbers expected to be down a quarter on 2019 for the whole of 2022 at between 60 and 62 million people. The …
Press Release
Pressat
This Girl’s Ability needs your support as they strive to help disabled girls and young women flourish
This Girl’s Ability needs £9,000 to help them start their non-profit community company, which seeks to decrease the isolation of disabled girls and young women and forge deeper connections within their community. Disabled people were disproportionately affected by COVID-19, and This Girl’s Ability is committed to supporting their recovery post-pandemic. The £9,000 raised through Crowdfunder …
Business
Sky News
Bank of America boss commits to UK, despite recent political and economic turmoil
The chairman and chief executive of one of the world’s biggest banks says he is “committed to the UK”, despite recent political and economic turmoil.Brian Moynihan, of Bank of America, also told Sky News that he is not concerned about the prospect of an increase in corporation tax, adding: “We don’t live or die by …
Press Release
Pressat
LTI announces the World’s Best Luxury Hotel Brands 2022
LTI announces the World’s Best Luxury Hotel Brands 2022 • Six Senses takes top spot for the third successive year• Rocco Forte Hotels enters top 12 for the first time October 25, 2022: Welcome to our annual World’s Best Luxury Hotel Brands report. This is not just another World’s Best list. LTI – Luxury Travel …
Business
Sky News
Pound hits a six-week high as Sunak becomes prime minister
The pound hit a six-week high as Rishi Sunak became prime minister today, another sign of the markets welcoming the country’s new leader.Sterling was up 1.8% against the dollar at $1.147, having risen by 1.92% to $1.150 earlier in the day – the highest level since 15 September. On Friday afternoon the pound had been …
Press Release
Pressat
Cavell enables Operators and MSPs with upcoming London event
London, 25th October 2022 – Cavell Enable will be live at Convene, 22 Bishopsgate, London, on 1st December 2022, featuring special guests Microsoft and a range of sponsors, including SIPPIO, TekVision, and many more. This dedicated event will explore the rapidly growing Teams telephony enablement market whilst providing real-world insights from some of the leading providers in …

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