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17.10.2022 - 11:00
Press Release
Pressat
New Book Dissects Why Managers Make Mistakes So Often
The Wrong Manager, written by an experienced management consultant and MBA (Master of Business Administration) educator Marce Fernandez, will be the first book of its kind to reveal the reasons why managers make wrong decisions so frequently. Managers and executives do not always make the right decisions no matter how well trained they are, and …
17.10.2022 - 10:24
Business
Sky News
What was in the mini-budget and what has been scrapped?
Just over three weeks ago, then-chancellor Kwasi Kwarteng unveiled his tax-cutting mini-budget to MPs which caused economic turmoil in the UK.Following a dramatic U-turn on a promise to abolish the 45% higher rate of income tax after backlash from the government’s own Conservative MPs earlier this month, Mr Kwarteng has now been sacked – and …
17.10.2022 - 10:00
Business
Business Live
North East energy sector players come together at ‘pivotal moment’ for the sector
Some of the leading players in the North East’s energy industry have come together to discuss the transition to low carbon generation and how regional suppliers could benefit. The meeting – convened by business development organisation NOF – was held at what has been described as a “pivotal moment” for the sector and featured senior …
17.10.2022 - 10:00
Business
Business Live
Tech firm IQE boosted with tie-up with one of Asia’s leading consumer electronics companies
One of Wales’ tech companies IQE has been boosted with a tie up with a leading Asian consumer electronics firm. The London Stock Market listed and Cardiff headquartered firm, which provides compound semiconductor wafer products and advanced material solutions to the global semiconductor industry, has struck a multi-year strategic agreement with the undisclosed company. The …
17.10.2022 - 09:57
Business
Sky News
Kanye West to buy ‘free speech’ social media platform Parler
Kanye West is to buy the social media platform Parler, the company’s current owner has announced.Parlement Technologies said it had reached an agreement in principle to sell the “pioneering uncancelable free speech platform” to the rapper, who now goes by the name Ye. West said: “In a world where conservative opinions are considered to be …
17.10.2022 - 09:52
Business
Evening Standard
Asos shares slump after retailer confirms lender talks over financing
Asos shares have slumped after the fashion retailer confirmed it is talks with lenders over changing the terms of a £350 million borrowing facility.The online retail firm told shareholders it is “in the final stages” of agreeing to an amendment to its financial covenants for its revolving credit facility.Asos retains a strong liquidity position and …
17.10.2022 - 09:40
Business
Evening Standard
This time honesty is the best policy from the Chancellor
At the time of writing we are still an hour away from Jeremy Hunt’s big reveal. Whatever the details of the contents it is nailed on that voters are going to be exposed to chillier fiscal winds than they were facing in Kwasi Kwarteng’s fairy tale mini-budget less than a month ago.For too long a …
17.10.2022 - 09:39
Business
Business Live
New hydrogen plant near Bristol secures £2.5m funding
A green hydrogen plant near Bristol is set to be up and running next spring after securing £2.5m of funding from the West of England Authority (Weca). The production, storage and research site will make green hydrogen at the Institute of Advanced Automotive Propulsion Systems (IAAPS) at Bristol and Bath Science Park in Emersons Green. …
17.10.2022 - 09:35
Business
Sky News
Chancellor reverses ‘almost all’ tax cuts in mini-budget and says energy bills support scheme to be scaled back
Jeremy Hunt has revealed he is reversing “almost all” of the tax cuts announced in his predecessor’s mini-budget and is scaling back support on energy bills.In an emergency statement, the chancellor said a 1p cut to income tax will be delayed “indefinitely” until the UK’s finances improve instead of being introduced in April 2023 as …
17.10.2022 - 09:35
Business
Sky News
Chancellor reverses ‘almost all’ tax cuts in mini-budget and energy bills support to be scaled back
Jeremy Hunt has revealed he is reversing “almost all” of the tax cuts announced in his predecessor’s mini-budget and is scaling back support for energy bills.In an emergency statement, the chancellor said a 1p cut to income tax will be delayed “indefinitely” until the UK’s finances improve instead of being introduced in April 2023 as …
17.10.2022 - 09:30
Business
Business Live
Vegan burger bar founded by influencer Monami Frost enters administration after shock closure
A vegan burger restaurant business that had sites in Manchester and Liverpool has entered administration after announcing its closure last month. Frost Burgers was founded in 2018, by social media influencer Monami Frost and offered an 100% plant-based menu, serving burgers, fries and milkshakes. Last year the company achieved a turnover of £515,811 but ceased …
17.10.2022 - 09:08
Business
Evening Standard
Hunt to fast-track moves to shore up public finances in bid to end turmoil
New Chancellor Jeremy Hunt is to fast-track billions of pounds of savings in an attempt to get the public finances back on track and stabilise financial markets after weeks of turmoil.The Treasury said Mr Hunt will issue an emergency statement at 11am on Monday to rush forward measures that had been due to be announced …
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