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Evening Standard
National Express boosted by train strikes and Queen’s funeral
Bus and coach group National Express has posted sales up by a third and said it stepped up services during recent UK rail strikes and the Queen’s funeral.The company reported a 33% rise in overall group revenues in its third quarter to September 30 as passenger demand rebounds following the pandemic.It said its UK coach …
Business
Sky News
Naked Wines makes redundancies after home drinking pandemic expansion
Naked Wines has made around 6% of its workforce redundant after a failed growth strategy forced a restructuring.The online retailer, which connects its subscribers with products from independent winemakers, said 30 staff had gone as it looked to create a “leaner and more focused organisation”, saving around £18m. Naked had spent big on marketing and …
Business
Sky News
Millions forced to skip meals or struggle to buy healthy food
Millions of households are skipping meals or struggling to put healthy goods on the table, according to a new poll, with many cutting back on food bills and luxury treats “to navigate the tough months ahead”.Around 85% of people in the UK are spending less on food shopping as a result of the cost of …
Press Release
Pressat
‘Homecare brand hygëia is set to go live on Kickstarter next week on 25th October with its mindful home cleaning ritual’
What if the act of cleaning wasn’t a chore? hygëia aims to turn the ordinary… extraordinary with its mindful home cleaning ritual ‘Homecare brand hygëia is set to go live on Kickstarter next week on 25th October with its mindful home cleaning ritual’ London, October 20th 2022 – hygëia, a sustainable homecare brand born to transform …
Business
Sky News
More rail strikes announced for 3 and 5 November
More rail strikes have been announced for 3 and 5 November – this time involving 14 train operating companies. The Rail, Maritime and Transport union (RMT) has announced the strikes at the train operating companies – which run the trains – on the same days as other members of the union are planning walk outs …
Business
Sky News
Chancellor scrambles for sources of income to close £32bn hole in state finances – what are his options?
Desperate times call for desperate measures and, as the new chancellor scrabbles for sources of income to close a £32bn fiscal hole, Jeremy Hunt appears to have alighted on the banking sector.The Financial Times is reporting that Mr Hunt‘s forthcoming budget on 31 October is expected to include a raid on the banks – as …
Business
Sky News
Former Comet owner joins race for £400m Matalan takeover
A controversial former owner of Comet, the defunct electricals chain, is among the suitors vying to take control of Matalan, the value-based retailer.Sky News understands that OpCapita, which is led by Henry Jackson, is expected to table an indicative proposal to buy Matalan before a bid deadline on Friday. OpCapita attracted opprobrium a decade ago …
Press Release
Pressat
One in five freelancers don’t know about Making Tax Digital
Almost one in five self-employed people say they don’t know what Making Tax Digital is, less than 18 months before MTD for income tax comes into force. 17 per cent of self-employed people in the UK said that they did not know about the HMRC initiative, Making Tax Digital for Income Tax, which will affect …
Business
Sky News
World’s second-richest man sells private jet so climate activists can’t track him
The world’s second-richest man has said he has sold his private jet so “no one can see where I go” after being tracked by climate activists on Twitter.Bernard Arnault, the boss of luxury goods company LVMH – known for Moet, Louis Vuitton and Hennessy – has a net worth of $152bn (£134bn), according to Forbes’ …
Business
Business Live
ADVERTORIAL: Global Payments drives forward businesses across the world. Here’s how it could help you
Money makes the world – and business – go round. It’s an old saying but one that resonates with companies large and small which rely on those secure and speedy transactions to thrive in our ever-changing and fast-paced global village. And it’s why millions of customers across the world trust in the expertise of Global …
Business
Business Live
Bids lodged for West Midlands investment zones
A formal submission to create new so-called enterprise zones in the West Midlands has been handed to the Government. If accepted, the zones have the potential to boost the regional economy by more than £4.7 billion a year, create more than 65,000 new jobs, 18,600 homes and more than 333 million sq ft of commercial …
Business
Evening Standard
Investors pull money from fund managers as stocks and bonds fall in tandem
Some of the best-known names in the City offered fresh insight into the impact of simultaneous tumbles for stock and bond markets this year, with investors pulling money from fund managers.Man Group, one of the largest listed hedge funds in the world, said it was “a very difficult quarter for the asset management industry” as …

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