Latest Stories All Stories

Business
Evening Standard
Lastminute.com founder Martha Lane Fox set to pocket over $2 million as Musk U-turns on buying Twitter
Lastminute.com founder Martha Lane Fox is set to pocket more than $2 million from the sale of Twitter to Elon Musk.Lane Fox, who sits as a crossbench peer in the House of Lords, holds 34,000 Twitter shares and 4500 restricted stock units, according to the firm’s most recent proxy statement. She stands to make $2.1 …
Business
Evening Standard
Service sector breaks from 18 months of growth, survey suggests
The UK’s service sector has interrupted 18 months of consecutive growth to stagnate for the first time since lockdowns as customers across the country tightened their belts.Under-pressure household budgets could not stretch as far and as often to buying from the country’s service companies.The services PMI score – collated by S&P Global and CIPS – …
Business
Business Live
Seafood industry aims to net job seekers – with immediate success celebrated
Jobseekers from the long-term unemployed to recent graduates are being given a taste of what the seafood industry has to offer. And Grimsby’s primary industry has already thrown up a positive result for one young woman, securing a job with one of the town’s oldest operators. Leia Wright, 23, is now employed by Alfred Enderby, …
Business
Business Live
THRIVE shortlisted for Learning Technology Organisation of the Year
Fast-growing SAAS technology company THRIVE has been shortlisted for Learning Technology Organisation of the Year, Best Learning Platform Implementation (with customer Bally’s) and Best Use of Social & Collaborative Learning Technologies (with customer Ted Baker), while Senior Designer Tim Shelton is in the running for Learning Developer of the Year. THRIVE is one of the …
Business
Evening Standard
Tesco pledge to price match Aldi and Lidl as it “doubles down” for customers
Tesco today pledged to “double down” to help struggling customers and narrow any price gap between it and the German discountersAldi and Lidl as the cost-of-living crisis bites.Chief executive Ken Murphy says shoppers are “watching every penny” as they battle inflation.The upcoming football World Cup and then Christmas should help supermarkets he feels, as cash-strapped …
Business
Business Live
ADVERTORIAL: How Evelyn Partners can manage your wealth for you and your business
Managing your business’s wealth doesn’t have to be a huge task. Evelyn Partners is here to take the weight off your shoulders and help manage and nurture finances whether you run a small local business, a charity or a large-scale business. The firm has a number of services to cater for whatever you need help …
Business
Sky News
Renewable energy offset global rise in fossil fuel use in first half of 2022
Renewable energy offset global increases in fossil fuel use in the first half of this year – preventing an overall rise in coal and gas emissions.According to the energy think tank Ember, increases in wind and solar power met more than three-quarters of the demand in electricity growth during that period – with hydropower making …
Business
Sky News
Energy price guarantee could cost taxpayer £140bn in ‘extreme’ scenario
The taxpayer support for household energy bills could cost up to £140bn in an “extreme” scenario, an energy market expert has warned. Cornwall Insight, which became a prominent voice in predicting levels for the energy price cap before it was replaced by the government’s energy price guarantee (EPG) this month, said its findings showed a …
Business
Sky News
Tesco ‘inflating prices a little bit less and a little bit later’ than the competition
The boss of the UK’s biggest retailer says it is “inflating prices a little bit less and a little bit later” than the competition as families’ budgets are squeezed.Tesco chief executive Ken Murphy made the claim as the chain revealed first half profits that reflected, it said, its decision to maintain the best value possible …
Business
Sky News
Drivers missing out on 10p cut in petrol prices, says RAC
Motorists are being denied a further 10p cut in petrol prices because retailers have hiked their profit margins, according to the RAC.The motoring organisation said a further oil price fall in September pushed down the average price at forecourts nearly 7p to 162.9p. It was the sixth biggest monthly drop since 2000, but the RAC …
Business
Sky News
Shell boss calls on government to tax oil and gas companies to protect poorest
The chief executive of Shell has called on the government to tax oil and gas companies in order to protect the poorest people in society from soaring energy costs.Speaking at the Energy Intelligence Forum in London, Ben van Beurden said: “One way or another there needs to be government intervention that somehow results in protecting …
Business
Sky News
How a little known pension fund strategy has caused pressure for huge insurance firm
The upheaval in gilt (UK government bond) markets that led to last week’s spectacular intervention from the Bank of England continues to reverberate.The Bank was obliged to buy long-dated gilts – those with a maturity of 20 or 30 years – on Wednesday last week following a wave of forced selling by pension funds. Those …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources