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Evening Standard
European markets upbeat as UK economy grows
There were glimmers of hope on Friday as official figures showed that the UK economy grew in the latest quarter, contrary to previous forecasts that it had shrunk.Gross domestic product (GDP) grew by 0.2% over the three months to June, meaning the UK might not be in a recession.The good news had a positive impact …
Business
Business Live
Designs on national success with vehicle branding addition for Hull sign specialist
A long-standing signing solutions firm in Hull is looking to put its clients on the road to further success with the launch of a new division. Designs manufactures and installs bespoke branding nationwide from its Ipark Industrial Estate base. Now a special agency has been launched to handle vehicle liveries and wraps as it looks …
Business
Sky News
‘Stay alert to scams’: Minister issues warning as energy support package kicks in to cover huge spike in bills
Consumers are being warned they may be targeted by scammers as the government’s energy price guarantee comes into effect.Messages asking for people to provide personal or financial details to receive support should be treated as fraudulent activity, as no applications are required, the business secretary has said. The £400 Energy Bill Support Scheme will be …
Business
Business Live
Northern Ireland economy growing, but yet to recover 2007 lustre
Northern Ireland’s economy is growing but has yet to recover to the record levels of output recorded prior to the economic downturn more than 15 years ago. That’s according to the latest official output data from NISRA (the Northern Ireland Statistics and Research Agency) which showed that in the second quarter of this year the …
Business
Evening Standard
FTSE 100 Live: Pound tanks after Kwarteng meets with OBR
The pound fell 1.5% against the dollar to $1.10 after Liz Truss and Kwasi Kwarteng met with the head of the UK’s Budget watchdog, Richard Hughes. The Downing Street meeting followed a week of market turmoil set off by the government’s redrawn tax and spending plans. The government did not accept an offer from the …
Business
Sky News
September financial curse strikes again – and beware of October economic horrors
September has a deserved reputation for being a troublesome month in financial markets.It was, for example, the month in which Black Wednesday saw sterling ejected ignominiously from the Exchange Rate Mechanism in 1992 and the month in which Northern Rock collapsed in 2007. By then, the global financial crisis was well under way, an unfolding …
Business
Business Live
Matalan, Vita Group and BGF: The 52 latest North West hires and promotions
North West companies large and small have made a range of top hires and promotions over the last week. The likes of online retail giants, law firms and consultancies have all made announcements recently. Below, BusinessLive rounds up the latest hires and promotions we feel you should not miss. READ MORE: Click here to sign …
Business
Sky News
‘Sudden leap’ in mortgage approvals as buyers fear interest rate hikes
Mortgage approvals have surged as home-buyers race to lock in loans ahead of further interest rate hikes, latest figures indicate.The increase comes amid warnings of mounting “headwinds” facing the already slowing housing market in the face of rising inflation and the economic turmoil triggered by the chancellor’s mini-budget. Kwasi Kwarteng’s borrowing-funded tax cut plans have …
Business
Sky News
When are the 21 days of Royal Mail strikes and what’s affected?
Royal Mail workers are striking on multiple days across the next few months, with people warned to expect delays to their parcels and letters.Around 115,000 staff are walking out over pay and conditions in what the Communication Workers’ Union (CWU) says is the biggest national strike of any sector this year. Twenty-one days will be …
Business
Business Live
How the women’s Euros changed everything for business owner Helen Hardy
Helen Hardy says her business selling women’s football shirts and merchandise is a ‘genius idea’. You’d be forgiven for mistaking this declaration from the 32-year old businesswoman as bravado, overconfidence, even. But that’s not it. Most of us were on the backfoot until the Euro success of England’s Lionesses. Their performance brought the power of …
Business
Business Live
Three Northern Ireland companies named as new entrants on best managed list
A mineral processor, a building façade manufacturer, and a waste management company – all from Northern Ireland – have been named as new entrants in a list of the best managed companies on the island of Ireland. The 14 th annual Best Managed Companies Awards, led by Deloitte in association with Bank of Ireland, saw …
Business
Business Live
285,000 sq ft logistics site emerges in South Yorkshire
Construction is well underway on a £60 million state-of-the-art industrial and warehousing unit development covering 285,000 sq ft in South Yorkshire. The huge steelwork frames have now been erected at Catalyst at Sheffield Business Park with practical completion set for March 2023. Sitting just off the M1 and fronting directly onto Sheffield Parkway, the main …

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