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Deadline extended for BristolLive Business Awards 2022
Businesses in Bristol still have time to enter the BristolLive Business Awards 2022. The deadline for entries has been extended to Friday, September 23. The annual awards ceremony, run in association with BusinessLive and newspaper Bristol Post, recognises the city’s best and brightest companies, bringing together senior leaders from wide-ranging industries, from large corporates to …
Business
Evening Standard
Betway fined for advertising on children’s pages of West Ham website
Gambling giant Betway has been fined more than £400,000 for advertising on a children’s colouring page on West Ham United’s website.It displayed its logo on two pages of the Premier League club’s site designed for children, breaking the Gambling Commission’s rules on social responsibility, between 2020 and 2021.One breach lasted for three weeks, but the …
Business
Evening Standard
Price freeze helps sales surge at bowling group Ten Entertainment
A freeze in admission prices has helped bowling business Ten Entertainment sail past pre-pandemic performance with a more than doubling of profits.The Bedford-based firm posted sales of £63.2 million in the first half of 2022, up 53% on 2019 levels, while pre-tax profits rose 121% to £15.7 million. The company was boosted by its earlier …
Business
Evening Standard
Economic strife to last until 2024 warns Sage of Soho Martin Sorrell
ADVERTISING guru Sir Martin Sorrell today likened the energy crisis to the financial crash of 2008 and warned there may be no signs of economic recovery until 2024.He was talking as he revealed an £82 million loss at his tech start-up S4 Capital for the first half of the year. That follows a spectacular profit …
Business
Sky News
Truss picks former EDF Energy lobbyist to head No 10 business relations
Liz Truss has picked a former EDF Energy executive to spearhead Downing Street’s business engagement strategy as she seeks to position her administration on a pro-enterprise footing.Sky News has learnt that Michael Stott, who has also worked as a Conservative Party press officer, has been recruited by the new prime minister as the head of …
Business
Sky News
Germany’s biggest gas importer Uniper is nationalised after huge losses
The German government has said it will nationalise the country’s biggest gas importer, Uniper, as it battles massive losses amid Europe’s energy crunch.The Finnish company Fortum that had controlled Uniper said Russia’s squeeze on supplies since the invasion of Ukraine meant that the unit had lost €8.5bn (£7.4bn) to date. The latest state intervention followed …
Business
Sky News
Pound falls to 37-year low as cost of servicing government debt hits August record
The pound has fallen to a 37-year low against the dollar after figures showed that the cost of servicing UK government debt last month hit a record high for August – before Liz Truss came to power with promises to splash the cash.The Office for National Statistics said that interest payments were £8.2bn last month. …
Business
Sky News
All UK businesses secure energy support package ‘costing tens of millions’ to slash bills
Wholesale energy costs for businesses will be slashed by up to half their expected price through the winter months, the government has announced.Firms across the UK will see government-funded cuts to their energy bills in line with the reductions that have already been announced for homes. The level of discount will depend on what companies …
Business
Sky News
All UK businesses secure energy support package ‘costing tens of billions’ to slash bills
Wholesale energy costs for businesses will be slashed by up to half their expected price through the winter months, the government has announced.Firms across the UK will see government-funded cuts to their energy bills in line with the reductions that have already been announced for homes. The level of discount will depend on what companies …
Business
Sky News
Holland & Barrett owner LetterOne proposes £890m debt deal with lenders
The owner of Holland & Barrett, one of Britain’s biggest health food retailers, is plotting to buy back nearly £900m of debt as part of a restructuring aimed at restoring it to a stable financial footing.Sky News has learnt that LetterOne, the Russian-linked investment vehicle, notified Holland & Barrett’s lenders on Tuesday that it was …
Business
Sky News
Truss prepared to be an unpopular PM to boost economic growth
Liz Truss has said she is prepared to be unpopular with her tax policy as she believes it will ultimately benefit the British economy.Talking to Sky News’ political editor Beth Rigby in New York, the prime minister defended any tax changes her government will make at the end of the week and said she will …
Business
Business Live
UK energy crisis: Good Energy blames ‘Russia’s stranglehold’ as profits dive
Green energy supplier Good Energy has blamed “Russia’s stranglehold on gas supplies to Europe” for a fall in profits in the first half of 2022. The Wiltshire-headquartered company saw gross profit decrease by 31.1% to £12.2m in the six months to June 2022 – down from £17.7m in the first half of 2021. It also …

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