Latest Stories All Stories

Business
Sky News
Lenders push Kwarteng to extend mortgage guarantee scheme
The UK’s biggest mortgage lenders will urge the chancellor to extend a government home loans initiative which helps first-time buyers get onto the property ladder.Sky News understands that executives from major banks and Nationwide, Britain’s biggest building society, will ask Kwasi Kwarteng to commit to renewing the Mortgage Guarantee Scheme, which is scheduled to expire …
Business
Business Live
Shortlist for Dynamites 22 Awards announced featuring digital firms from across the North East
The cream of the region’s tech sector is set to be celebrated at this year’s Dynamites Awards as scores of businesses and public sector organisations are among those shortlisted. Organisers say the Dynamites 22 programme, now in its ninth year, saw a record number of entries. Businesses, individuals and departments demonstrating the best in IT …
Business
Business Live
Planning chief returns to the Humber with delivery mandate on huge port project he presided over
Able Marine Energy Park’s ambition to play a key role in the Humber renewables industry has been re-energised with the appointment of one of the area’s leading regeneration figures. Marcus Walker, a former senior planning officer within North Lincolnshire Council, has joined Able UK as development director for the region. He played a key role …
Business
Evening Standard
Facebook’s London employee pay surges past £260,000
Average employee wages at Facebook’s UK arm have leapt past £260,000 as one of the world’s biggest tech firms ramps up its presence in London.Facebook’s UK employee headcount swelled 37% to 5,148 in 2021, filings with Companies House show, while its wage bill jumped to £1.4 billion, an average of £262,317 per employee and a …
Business
Evening Standard
Slump in AIM floats spells strife for the City of London
THE alarming slump in activity on London’s moribund capital markets is laid bare today with figures showing AIM raised a paltry £3 million for fresh flotations in the last quarter.That is a 13-year low, figures compiled for the Evening Standard show, and a sign of a wider slowdown in the City which clearly puts banker …
Business
Evening Standard
Simply Be and JD Williams owner warns of ‘tough’ retail environment
The owner of fashion chains JD Williams and Simply Be said more cautious consumer spending and shrinking budgets have led to a tough retail environment – as it revealed its profits have almost halved.N Brown Group, which describes itself as an inclusive retailer, gave a bleak outlook on the retail environment, which it said has …
Business
Evening Standard
CMC Markets launches new trading platform — Lord Cruddas silent on Liz Truss
BORIS Johnson fan and Tory party donor Peter Cruddas was tight-lipped today on new PM Liz Truss.He declined to discuss the matter as his CMC Markets said it expects half year profits to be up 21% to £153 million.Trading improved in August and September CMC also today launched a new investment platform – CMC Invest …
Business
Evening Standard
Catalogue Easylife fined £1.48m for using personal details to sell health items
Catalogue retailer Easylife has been fined £1.48 million for using customers’ personal details to try and sell them health products without consent.The Information Commissioner’s Office (ICO) fined Easylife £1.35 million for using the information to predict medical conditions of 145,400 customers and targeting them with health-related products.The company was also fined £130,000 for making 1,345,732 …
Business
Sky News
Winter blackouts: How worried should I be about the lights going out?
The latest information on the risks facing gas and electricity supplies suggests there is an increased risk of blackouts this winter – but they can be prevented.National Grid’s Electricity System Operator’s (ESO) updated report on the pressures facing power generators revealed contingency plans for three-hour blackouts in areas where gas-fuelled power falls short of demand. …
Press Release
Pressat
£30M Milestone reached by Xander Wealth Commercial Finance
Xander Wealth Commercial Finance is elated to announce in the 3rd quarter of 2022, they have successfully completed a record breaking £16.7 Million of loans brokered for real estate and construction projects around the UK. This is a phenomenal achievement and huge milestone, taking Xander Wealth Commercial Finance’s total loans completed to over £32 Million …
Business
Sky News
Pound falls again as agency downgrades outlook for UK’s credit rating to ‘negative’
A measure of confidence in the UK’s creditworthiness has been slashed by another major ratings agency in the wake of the mini-budget, piling further pressure on the under-fire pound.Fitch revealed on Wednesday night that it had cut the outlook for its credit rating on UK government debt to “negative” from “stable”. It maintained its overall …
Business
Sky News
Plan for three-hour power blackouts to prioritise heating in event of gas shortages
The country has been put on notice that the chances of gas shortages this winter have risen markedly, prompting a contingency plan to prioritise heating.National Grid’s Electricity System Operator (ESO) warned that planned three-hour power blackouts could be imposed in some areas, in the “unlikely” event supplies of gas fall short of demand. It revealed …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources