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Humber business community pays tribute to Her Majesty Queen Elizabeth II
Tributes have been paid by the Humber business community on the passing of the Queen. Lord-Lieutenant of the East Riding of Yorkshire, James Dick OBE, described receiving the news “with great sorrow”. The former global president of medical services giant Smith & Nephew’s Hull-based wound management division, was appointed in 2019. He said: “Our thoughts …
Business
Business Live
The Queen’s visits to the Humber business community
Business
Business Live
Northern Ireland homebuyer enquiries slide but tight supply underpins prices – RICS
Homebuyer enquiries in Northern Ireland fell last month at the fastest rate since the early stages of the Covid-19 pandemic, but prices are still rising, according to estate agents. The latest report from the RICS (Royal Institution of Chartered Surveyors) and Ulster Bank said the cost-of-living crisis and “wider economic challenges” have deterred new buyers …
Business
Business Live
Global news provider Insider sets up Northern Ireland base with 50 tech jobs
A global digital news company is to create 50 new jobs as it sets up a new technology base in Northern Ireland. New-York-based Insider Inc said the province’s strong tech talent pool had attracted it to the region where the new Technology and Product Hub will work closely with the company’s global business. The new …
Business
Evening Standard
Asos warns over weak August sales as inflation weighs on shoppers
Asos has cautioned over profits after sales fell below expectations in August as consumers tightened their belts in response to rising bills.The online fashion giant said it saw “good growth” in June and July and expects total sales for the year to August 31 to remain within market expectations.However, it said it is now witnessing …
Business
Evening Standard
London Stock Exchange opens and trading continues as City mourns
The London Stock Exchange said it will open and trade as normal on Friday following the Queen’s death.It comes as the nation starts a period of mourning to mark the death of its former monarch on Thursday afternoon.The Exchange confirmed trading will also “close at the normal times” on Friday afternoon.Trading will continue at the …
Business
Evening Standard
Drivers ‘risk being priced out of the electric revolution’
Demand for electric cars is at risk of stalling due to a lack of affordable models and high energy prices, new analysis warns.A report by consumer website Electrifying.com stated that there are just seven new electric cars on sale in the UK for under £30,000.That compares with 107 petrol or diesel cars in the same …
Business
Evening Standard
Many people do not feel part of their local community, study suggests
Two out of five people do not feel part of their local community with many planning to move out of the area, a new study suggests.A survey by the Co-op of more than 2,100 adults found those living in the West Midlands, London and Scotland were least likely to feel part of their community.Northern Ireland …
Business
Evening Standard
Soaring energy costs could leave towns without nightlife, industry warns
Town and city centres could be left with little or no nightlife or hospitality as businesses face “unsurvivable” energy costs, an industry body has warned.The Night Time Industries Association (NTIA) Scotland said bold and decisive action is needed from the UK and Scottish governments to save the sector, including the introduction of an affordable cap on …
Business
Sky News
Truss’s energy plan is a momentous fiscal intervention but there is a lot we still don’t know
There is much we do not know about the government’s new plans to help people out with their energy bills.We do not know how much they will cost. We do not have a clear sense of how they will be financed or paid for. We do not know precisely how the scheme will work in …
Business
Sky News
Atom Bank picks advisers for IPO after £700m SPAC merger stalls
The digital lender Atom Bank is close to picking bankers to work on a stock market listing after calling off talks about a £700m merger with a vehicle set up by Donald Trump’s former commerce secretary.Sky News has learnt that Atom Bank is interviewing investment banks about roles on an initial public offering – likely …
Business
Sky News
ECB raises rates by unprecedented 75 basis points
The European Central Bank has hiked its key interest rates by an unprecedented 75 basis points, signalling that further rises are likely.On Thursday afternoon, the bank lifted the deposit rate from zero to 0.75% and the main refinancing rate was lifted to 1.25%, their highest level since 2011. It comes as the bank battles inflation …

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