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Steven Bartlett’s The Diary Of A CEO podcast hits 10 million monthly downloads
Steven Bartlett’s The Diary Of A CEO podcast has exceeded 10 million downloads in a single month for the first time, it has been revealed. During August, the podcast was downloaded 10.4 million times across the likes of Apple, Spotify, Amazon and Google as well as YouTube. The podcast also has distribution deals with British …
Business
Sky News
Shell boss leaves two major legacies as successor is named
Ben van Beurden, whose departure as Shell chief executive at the end of the year was confirmed on Thursday morning, leaves at least two major legacies.The first is the blockbuster £47bn takeover, announced in April 2015, of BG Group. The deal attracted no end of criticism at the time. There was a lot of unease, …
Business
Sky News
John Lewis Partnership ‘forgoing profit’ to help customers and partners
The John Lewis Partnership says it is “forgoing profit” to help customers, partners and suppliers navigate the challenges of the cost of living crisis.The employee-owned company, comprising the eponymous department store chain and Waitrose supermarkets, reported a loss of £99m for the half-year to 30 July compared to a red figure of £29m a year …
Business
Sky News
Chancellor may scrap cap on bankers’ bonuses to boost City’s competitiveness
Chancellor Kwasi Kwarteng is considering a plan to scrap caps on bankers’ bonuses as part of a post-Brexit bid to boost the City’s competitiveness and the UK economy, Sky News understands.He argues the cap, which was introduced under EU rules in 2014 following the 2008 financial crisis and subsequent eurozone debt crisis, would make London …
Business
Sky News
Why new path for inflation could mean UK avoids a deep recession
It may still be as near as you can get to double figures.It may yet be heading higher still. It may be squeezing households across the country, but squint a little bit and there’s some good news in Wednesday’s inflation data. For the first time in a long time, not only did the rate at …
Business
Sky News
McDonald’s and Greggs to close for Queen’s funeral
McDonald’s has announced it is to close for the Queen’s funeral to allow staff to “pay their respects”.The fast food chain tweeted that on Monday, its UK restaurants will be shut from midnight until 5pm.It has taken the action “in honour” of Her Majesty and to “enable everyone at McDonald’s to pay their respects”.The Queen …
Business
Business Live
Tommee Tippee baby products owner sees profits jump amid global growth
The North East owner of baby brand Tommee Tippee has seen its profits jump 77% on the back of global growth and new product development. Mayborn Group, which has more than 1,100 staff around the world, has it head office in Balliol Business Park in Newcastle, overseeing the group’s popular brands including Tommee Tippee baby …
Business
Business Live
Acquisitions boost bottom line for Gateley
A trio of acquisitions has boosted a positive year at legal services group Gateley. The listed group said revenue had climbed year on year from £121.4 million to £137.2 million for the 12 months to April 30, 2022. Pre-tax profit for the period also rose, from £16.3 million to £18 million. Chief executive Rod Waldie …
Business
Business Live
Trio of Teesside residential portfolios sold in £7m investment deal
A trio of North East property portfolios has been sold for more than £7m in an investment deal. Houses with a total of 317 bedroom have been sold in the multimillion-pound transaction, which involved a private client of property firm Avison Young. The sale of the three off-market residential portfolios involved homes in Middlesbrough and …
Business
Business Live
Redrow reports strong financial year as profits return to pre-Covid levels
Housebuilder Redrow’s annual profits have returned to pre-pandemic record levels. The FTSE 250 business saw a strong financial year to 3 July 2022, but cautioned over a cooling housing market amid the cost-of-living crisis. In its financial results, the Flintshire-headquartered firm reported a 31% rise in pre-tax profits to £410m, returning to the all-time highs …
Business
Sky News
Businesses to learn next week how the government will help with energy bills
Businesses will learn next week about how the government will help them to navigate the energy crisis.A spokesman for Prime Minister Liz Truss said on Wednesday that the scheme will help businesses with October bills and will be backdated if implementation is delayed. He said: “We will confirm further details of the business support scheme …
Business
Business Live
Green light tipped for landmark offices next to Co-op’s headquarters
Plans to build landmark offices next to the Co-op’s headquarters in Manchester city centre have been recommended for approval. Applicant NOMA is behind the scheme for 2 and 3 Angel Square which would together include around 440,000 sq ft of office space and accommodate 4,400 workers. The proposals come after 1 Angel Square, where the …

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