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Sky News
Evidence of market nerves around a return to power for Boris Johnson
Just when you thought it was safe to step back into the gilts market… things are getting nervy again.Around lunchtime on Friday the odds on Boris Johnson winning the Conservative leadership battle rapidly shortened. For a moment, the former prime minister was favourite, on Betfair’s betting markets, to become the next PM.Johnson backed by third …
Press Release
Pressat
Prominent Billionaire Property Developer Simon Halabi wins Landmark Trust Battle against the countries of Jersey and Guernsey
Renowned entrepreneur and businessman Simon Halabi is celebrating after a recent stunning court victory in Jersey, in a case that will have ramifications for Trust Law across the whole of the United Kingdom. The Island of Jersey is home to approximately 836 regulated trust company businesses, containing around £400 billion worth of assets for private …
Press Release
Pressat
Calum Melville and The Edison Group purchase new Head Office building in Irvine, Scotland.
The Edison Group has recently moved to secure its future by investing in the acquisition of a building that will, in the near future, become the Head Offices for the Edison Group of Companies. Last month, the Group announced the exciting acquisition of a 50% share in The Property Solutions Company and so this announcement …
Business
Sky News
Tesco raises meal deal price for first time in decade
The country’s biggest supermarket chain has raised the price for its popular lunchtime meal deal for the first time in more than a decade as costs soar.Tesco revealed that the package, typically a sandwich, packet of crisps and a soft drink, would rise from £3.50 to £3.90 for customers who are not Clubcard holders. For …
Business
Business Live
Belfast regulatory tech company creates 500 jobs at new Portugal base
A Belfast technology company which provides regulatory services for investment banks has created 500 jobs at a new base in northern Portugal. FinTrU said the new location in Porto will be a client delivery site which will work directly with tier 1 investment banks to provide compliance, legal, risk and other operational. The company said …
Business
Business Live
ProCook reports trading momentum after ‘challenging’ summer
Bosses at kitchenware brand ProCook have reported renewed trading momentum after a “challenging” summer. The Gloucestershire firm, which listed on the London Stock Exchange last year, said it generated £15.9m in revenue in the second quarter – a 9% dip on the same period last year, but up more than 50% year-on-year on pre-pandemic levels. …
Business
Evening Standard
Barclays faces £50m fine for ‘reckless’ failures over Qatari funding
Banking giant Barclays has been hit with a £50 million fine from the UK’s financial watchdog over failures to disclose arrangements with Qatari investors when it raised funds during the 2008 financial crash.The Financial Conduct Authority (FCA) said Barclays’ conduct at the time was “reckless and lacked integrity”.Barclays paid one Qatari entity £322 million in …
Business
Evening Standard
IHG bemoans recruitment crisis among hotel staff
Hotel giant IHG said the acute recruitment crisis remained one of its biggest challenges with no sign the jobs market will get any easier soon.Hospitality businesses throughout the UK — but also in Europe and America — have struggling to fill roles since the end of the pandemic. The situation has been worsened in Britain …
Business
Business Live
Bristol clean air zone financial assistance scheme announced
A financial assistance scheme to help businesses and individuals in Bristol impacted by the introduction of the clean air zone (CAZ) has been announced. Bristol City Council has appointed Anglo Scottish Asset Finance, an asset finance broker, to deliver the scheme, which will provide support in the form of grants and/or financing to help reduce …
Business
Business Live
Belfast student accommodation block proposed for “sensitive” location
Belfast councillors are to make a site visit to the city centre location earmarked for what could be the largest student accommodation project ever seen in the city. The proposals, which have been brought forward by Mandeville Developments NI, would see 862 units constructed close to Ulster University’s campus on York Street. The development site …
Business
Business Live
Northern Ireland job market remains tight with vacancy numbers rising
The Northern Ireland jobs market shows few signs of weakening despite an easing economic picture. That’s according to the latest report from local jobs portal NIJobs.com which showed that local employers are still actively hiring and vacancies continue to climb. Using data from its own website, it said the number of jobs rose 6% in …
Business
Evening Standard
Wickes says falling timber prices ease price inflation at DIY chain
Wickes, the home improvement chain, raised some hope today that the rate of cost inflation in the building trade is showing signs of having peaked.The 230-store chain said cheaper timber in the third quarter meant “there has been some moderation in the rate of retail price inflation” since the first half, as sales from its …

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