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Sky News
What on earth is happening in UK markets and why is the Bank of England struggling to address it?
This is starting to look a little… unnerving.This morning the Bank of England tweaked its emergency intervention into the government bond (gilts) market for a second successive day. The details are somewhat arcane: yesterday it doubled the amount it was offering to buy each day; today it said it would widen the stock of assets …
Business
Evening Standard
Recruiter Robert Walters UK profit dips 6%
Global recruitment firm Robert Walters has warned that the economic background became “more uncertain” during the third quarter of the year recording a dip in UK profit of 6% as shifts in the labour market take hold. The UK stood out as the only drop in figures as group profits from fee incomes for job …
Press Release
Pressat
Earthly Launches Industry’s First Project Assessment for Nature-Based Solutions that Includes Biodiversity and Social Impact
For Immediate ReleaseLondon, October 11, 2022. Earthly, a purpose-led business that helps companies invest in nature-based solutions, announced today the launch of its industry-first project assessment. The methodology will bring clarity to the rapidly growing voluntary carbon market, helping to increase support for projects that go beyond carbon offsetting, and deliver impact across the three …
Press Release
Pressat
Diwali 2022 Charity eCards released
Water poverty alleviation charity, Hope Spring today announced the launch of its annual Diwali eCard range. The Hereford based charity made the announcement on Twitter, today Tuesday the 11th of October. The organisation works with communities in developing countries to access clean drinking water. The Diwali eCard was refreshed especially for 2022. Their new range …
Business
Evening Standard
Shares in Zahawi-founded YouGov slide after CEO quits
Shareholder approval ratings for polling giant YouGov fell today after the firm’s founder and CEO said he was quitting the role.Shares dropped 5% to 780p in early trading after Stephan Shakespeare, who co-founded YouGov with former Conservative Chancellor Nadhim Zahawi in 2000, said he would move into the role of chair following the departure of …
Business
Business Live
350 capacity luxury events venue to be built in converted Leicester farm complex
A new luxury events venue is set to be built in a former farm complex on the outskirts of Leicester, leading to around 25 jobs. Mehul Somani, managing director of building products supplier Oadby Building Plastics, has gained planning to redevelop Scraptoft Lodge Farm on the eastern edge of the city into a 350-capacity venue. …
Business
Evening Standard
Bank of England intervenes for second day running to ease market turmoil
The Bank of England has stepped in with further emergency action for the second day running to head off a “fire sale” of UK government bonds amid ongoing turmoil in markets triggered by the Chancellor’s mini-budget.The central bank warned that the sell-off in the UK government bond market poses a “material risk to UK financial …
Business
Evening Standard
Marston’s to sell ‘lower-end’ pubs as energy bills worse than expected
Pub chain Marston’s is planning to sell some of its pubs as the firm continues to lag behind pre-pandemic levels of sales.The Wolverhampton-based business said revenues in the year to October were still 1% behind 2019 and warned electricity prices in recent weeks were higher than anticipated because of a “volatile market”.Marston’s boss Andrew Andrea …
Business
Business Live
Ashton Gate Sporting Quarter can bring major events to Bristol, stadium boss says
The recently approved Sporting Quarter development set to be built by Ashton Gate Stadium in Bristol could help attract events to the city it has “traditionally” lost out on, a boss at the ground has said. Bristol City Council approved plans last week for a sports and convention centre, a 232-room hotel, 125 apartments, offices, …
Press Release
Pressat
CONRAD ENERGY COMPLETES FLEXIBLE GENERATION ACQUISITION
Conrad Energy has today added to its flexible generation portfolio with the acquisition of nine operational flexible generation assets from funds under management by Triple Point Investment Management LLP and associated entities totalling 65.5MW. The largest flexible power producer in the UK continues to put supporting the transition to a low carbon economy at the …
Business
Sky News
Of all the troubling signs, the increase in ‘economic inactivity’ is perhaps the most worrying | Paul Kelso
Of all the troubling vital signs displayed by the British economy, the increase in “economic inactivity” is perhaps the most worrying. Since the pandemic the number of people neither working nor seeking work for a range of reasons has risen to more than nine million people, one-in-five working age adults. Initially it was driven by an …
Business
Business Live
From pawnbrokers to the sale rail: How shopping habits reveal the state of the economy
The effect of the cost of living crisis is being revealed in our shopping habits with consumers looking for value-for-money and items with a longer shelf life. With rising inflation leading to what is for many a real-term cut in their salary, shoppers are thinking twice about what they spend their money on and how …

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