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12.10.2022 - 10:00
Press Release
Pressat
New support group for tinnitus sufferers in Torbay
A new group to support local people with tinnitus is being formed in Torbay. The first meeting of the Torbay Tinnitus Support Group will take place 10:00am to 12:00 noon on Monday 24 October, at Jasmyn House, 1 Midvale Road, Paignton TQ4 5BD. It is estimated that over 15,000 people experience tinnitus in Torbay alone, …
12.10.2022 - 10:00
Business
Business Live
Restaurant and catering group expands with property purchase
A restaurant and catering group is investing in its home patch by acquiring a new base for the company. Ascott’s has bought 2a Middlefield Road, in the Aston Fields area of Bromsgrove, for use as offices, storage and staff training across 1,402 sq ft. The business started with the Fuso Italian restaurant in 2017 before …
12.10.2022 - 09:56
Business
Business Live
Grade-I listed building bought by York developer behind 250,000 sq ft mixed use city plan
York property developer Helmsley Group has bought a Grade I-listed city centre building as its regeneration plans for its home patch continue. Cumberland House, which dates back to the Georgian era, has been acquired from county law firm Hague & Dixon in an undisclosed deal. The 119-year-old firm has moved its York office to The …
12.10.2022 - 09:54
Business
Business Live
The Botanist owner returns to profit as sales surpass pre-pandemic levels
The business behind bar and restaurant brand The Botanist returned to the black as its sales surpassed pre-pandemic levels during its latest financial year. New World Trading Company’s brands also include The Florist, The Club House, The Oast House, The Canal House, The Trading House, The Smugglers Cove and The Furnace. The business is backed …
12.10.2022 - 09:49
Business
Evening Standard
Bank of England promises to end gilt purchases on Friday
The Bank of England has said its scheme to protect the market from the chaos in the wake of the Chancellor’s mini-budget will come to a close on Friday.Pension funds will have to have found tens of billions of pounds before the end of the week to ensure they have enough cash on hand to …
12.10.2022 - 09:36
Business
Evening Standard
Hopes of a ‘slight change’ in talks to end rail dispute
A rail industry official has expressed hopes of a “slight change” in negotiations aimed at resolving the long-running dispute over pay, jobs and conditions.Tim Shoveller, lead negotiator for Network Rail, said he was “continually hopeful” for an agreement to change working conditions, adding that talks with unions were continuing despite a series of strikes which …
12.10.2022 - 08:59
Business
Evening Standard
City turmoil ‘more to do with interest rates’ than tax measures, says Rees-Mogg
The Bank of England’s failure to raise interest rates in line with the US is driving turbulence in financial markets rather than Kwasi Kwarteng’s mini-budget, Business Secretary Jacob Rees-Mogg has said.His comments came as Liz Truss prepared to face MPs with the Government battling for credibility over its economic policies as turmoil in the markets …
12.10.2022 - 08:46
Business
Sky News
Truss and Kwarteng’s main plan is growth – the shrinking figures look like a failing govt | Paul Kelso
The problem for a government that sets a target to grow the economy above all else is that every month it gets a scorecard on progress, and this morning it looks like it’s failing.Strictly speaking, the 0.3% contraction in gross domestic product (GDP) announced for August is not the responsibility of Liz Truss and Kwasi …
12.10.2022 - 08:46
Business
Sky News
Truss and Kwarteng’s main plan is growth – the shrinking figures look like a failing govt
The problem for a government that sets a target to grow the economy above all else is that every month it gets a scorecard on progress, and this morning it looks like it’s failing.Strictly speaking, the 0.3% contraction in gross domestic product (GDP) announced for August is not the responsibility of Liz Truss and Kwasi …
12.10.2022 - 08:35
Business
Evening Standard
Poundland owner posts sales jump amid ‘challenging times’ for UK shoppers
Poundland owner Pepco Group has benefitted from the cost of living crisis with an uptick in revenues across the business but has warned that that the retail outlook across the UK remains “challenging”.Like-for-like revenues at Poundland the discount retailer that sells everyday products including FMCG brands to clothing for value hunting customers were up 2.6% …
12.10.2022 - 08:21
Business
Evening Standard
PageGroup signals start of global jobs market slowdown
Recruitment giant PageGroup has revealed signs of a slowdown in the global jobs market as it said some roles were being withdrawn and hiring was starting to take longer.The group, which owns Page Personnel and Michael Page, said it had seen a “slight softening” in confidence among firms recruiting across most of its markets worldwide …
12.10.2022 - 07:15
Business
Sky News
Bank of England confirms bond-buying programme will end on Friday
The Bank of England has confirmed its emergency bond-buying programme will end on Friday as planned after reports suggested it might extend the support for pension funds.On Wednesday morning, it said all temporary and targeted purchases of UK government bonds, known as gilts, will end. This has been the position throughout and has been “made …
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