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Blackouts may be imposed on cold weekday evenings, National Grid warns
The head of Britain’s electricity and gas systems’ operator has told households to prepare for blackouts between 4pm and 7pm on weekdays during “really, really cold” days in January and February if gas imports are reduced. John Pettigrew, the National Grid chief, said blackouts would have to be imposed during the “deepest darkest evenings” in …
Business
Sky News
Seven things you need to know about the mini-budget U-turn | Ed Conway
Nearly all the tax cuts announced in the government’s mini-budget are being reversed – here are seven things you need to know about the U-turn.1. Let’s start with the fact that actually it wasn’t just a U-turn. It was more. Not only did it reverse the majority of policies in the mini-budget, it went further, …
Business
Sky News
Energy bills for an average household ‘could hit £4,347 a year’ from April as universal price guarantee to end
Annual energy bills could reach £4,347 for an average household after the government announced the two-year price freeze will now run for just six months.New chancellor Jeremy Hunt said the universal energy price guarantee will finish next April, with a review being launched on how to then support bills after this period. The government said …
Business
Sky News
Rees-Mogg opens talks with steel giants after job cuts moratorium
Jacob Rees-Mogg, the business secretary, has opened formal talks with Britain’s second-biggest steel producer about a taxpayer bailout amid fears for thousands of industrial jobs.Sky News has learnt that Mr Rees-Mogg wrote to Jingye Group, the owner of British Steel, last week, to express a willingness to negotiate over the Chinese company’s request. A source …
Press Release
Pressat
Zymr Appoints Vinod Ghorpade as VP of Sales to Accelerate Growth in Europe
Zymr, a global leader in next-gen software development services is delighted to announce the appointment of Vinod Ghorpade as the company’s VP of Sales to solidify operations in the Europe region. Vinod will be operating from the European headquarters in London, UK. Vinod Ghorpade is an experienced senior executive with stellar record of enabling clients …
Press Release
Pressat
HOBURNE HOLIDAYS JOIN ROOM TO REWARD
Hoburne Holidays has become the very first holiday park operator to join the unique charity Room to Reward and donate some well-earned breaks to outstanding volunteers from charities and communities across the U.K. The partnership represents a significant step in the charity’s development, with each of Hoburne’s eight holiday parks donating two off-season breaks per …
Business
Sky News
Elon Musk completes $44bn Twitter takeover – and immediately sacks top executives
Elon Musk has completed his $44bn (£38bn) takeover of Twitter after months of toing and froing over the deal.His first move was to fire the social media company’s top leadership, which he accused of misleading him over the number of spam accounts on the platform. Musk sacked Twitter’s chief executive Parag Agrawal, chief financial officer …
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 …
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 …
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 …
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 …
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 …

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