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Sky News
Pound hit as government borrowing leaps and retail sales drop by much more than expected
The latest official data on the state of the public finances and consumer spending makes for grim reading as the country awaits its next leader, with financial markets reflecting renewed jitters over the economy.The Office for National Statistics (ONS) reported that public sector net borrowing came in at £20bn last month – £3bn more than …
Business
Sky News
Six in 10 adults struggling to keep up with their bills
Almost six in 10 UK adults are struggling to keep up with their bills, according to new research from the City regulator.The Financial Conduct Authority (FCA) estimated that 7.8 million people were struggling to keep up with their bills – an increase of around 2.5 million people since 2020 – when around 5.3 million people …
Business
Sky News
Rents at record high mean ‘extreme’ competition for properties
The average rent has hit a record high outside London and stood at an average of £1,162 per calendar month in the three months between July and September.Rent prices in London had their greatest ever annual increase, rising 16.1% to an average of £2,343 a month during the period, according to an analysis of 357,061 …
Press Release
Pressat
External cladding issues game changer
Existing buildings over 11m in the UK have been identified as having a concerningly high number of potential fire safety issues. One such issue is the requirement to create a fire compartment between the floors of a property, both internally and externally. The main safety concern with regards to external compartmentation is that should a …
Business
Sky News
Truss resignation sparks recovery for pound, shares and govt borrowing costs
There has been a positive market reaction to the resignation of Liz Truss after just 44 days in office, following the fierce backlash against her economic plan and humiliating climbdown.News that the prime minister was to make a Downing Street statement sparked a rally for sterling versus the dollar – leaving the UK currency almost …
Business
Sky News
PM resignation sparks recovery for pound
There has been a positive market reaction to the resignation of Liz Truss after just 44 days in office, following the fierce backlash against her economic plan and humiliating climbdown.News that the prime minister was to make a Downing Street statement sparked a rally for sterling versus the dollar – leaving the UK currency almost …
Press Release
Pressat
North Wales man walks free with suspended sentence after admitting badger baiting and cruelty to dogs
Phil Stevens, 38, of Lon Lladfan, Prestatyn, has been sentenced to 24 weeks in prison, which has been suspended for 12 months, after pleading guilty to animal cruelty offences under the Protection of Badgers Act 1992 and the Animal Welfare Act 2006, including causing unnecessary suffering to his own dogs. A joint investigation by North …
Press Release
Pressat
JOE MARLER TO RETURN FOR THE BARBARIANS v ALL BLACKS XV – TOTTENHAM HOTSPUR STADIUM
JOE MARLER TO RETURN FOR THE BARBARIANS One of the most popular Barbarians of recent years is set to make a stunning return in the Black and White as Harlequins’ Joe Marler is named in the squad in London ahead of the Killik Cup against All Blacks XV on Sunday 13 November . The popular …
Business
Evening Standard
City traders retreat to Bitcoin as “safe haven” after Sterling crash
The scale of the turmoil in the City’s foreign exchange market caused by the September mini-Budget was laid bare today after new data found Sterling’s volatility sparked a ten-fold increase in the volume of pound to Bitcoin traffic on spot exchanges.A staggering £6 billion worth of Bitcoin-pound trading took place in the days following the …
Business
Business Live
Bath start-up develops material to prevent plastic pollution
A promising new material, set to transform certain types of manufacturing and prevent many tonnes of plastic pollution in our seas, has been developed in Bath. The Bath University start-up, NaturBeads, were the winners of the Environmental and Sustainability Award at the BathLive Business Awards due to the potential importance of their innovation for conservation. …
Business
Business Live
Richard Beal named Yorkshire’s Property Personality of the Year
Beal Homes chief executive Richard Beal has been named Property Personality of the Year at a prestigious regional awards event. He received the accolade before an audience of industry peers at The Yorkshires Residential Real Estate Awards 2022. This year has seen the completion of Hull’s Fruit Market, while the company’s largest ever development in …
Business
Evening Standard
Trade slumps for half of hospitality firms as economic pressures mount
Businesses have suffered a trade slump and a sharp drop in cash reserves as economic pressures mount, according to new data.More than a quarter of companies said their turnover decreased in September, reflecting slower trade and reduced sales, the Office for National Statistics (ONS) found.The hospitality industry suffered the biggest declines last month as businesses …

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