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Evening Standard
Crypto firms under fresh scrutiny after Biden administration proposes crackdown
Crypto firms came under renewed scrutiny today as the Biden administration announced a fresh set of proposals to crack down on fraudulent activity in the digital asset market.Under the proposed framework, the US Congress could impose a legal requirement on crypto exchange platforms to report suspicious transactions to regulators, by extending rules that currently apply …
Business
Business Live
Tŷ Nant to sponsor Roger Federer’s last professional event before retirement
Tŷ Nant, the internationally known Welsh mineral bottled water company, will sponsor Roger Federer’s last competitive event before he retires. The premium producer will sponsor the Laver Cup, confirmed as the last time Mr Federer will play professionally before he retires. The Laver Cup is an indoor hard court men’s team tennis competition between Team …
Business
Evening Standard
ESB Group reports huge rise in profits
ESB Group has reported a significant increase in profits for the first half of the year, as customers face soaring energy bills.The electricity company saw revenues of 3.7 billion euro in the first six months of 2022, a 1.5 billion euro increase on the same period last year.Profit after tax and exceptional items rose to …
Business
Business Live
Two Devon care homes acquired by husband-and-wife team
Two residential care homes in Devon have been acquired for an undisclosed sum. Summercourt in Teignmouth and Pottles Court in Exminster, which both operate under the Classic Care Homes brand, have been bought by Dr. Shashi and Munisha Balain, in what marks the couple’s first care home acquisition. Law firm Clarke Willmott oversaw the transaction. …
Business
Business Live
Plans for over 100 energy efficient homes in North Wales unveiled
Plans for a new low-carbon estate in north Wales have been revealed. The 12-acre site in Pensarn, near Abergele, will be developed into 131 low-carbon homes. The development is being led by housing association Cartrefi Conwy which acquired the site earlier this year with financial support from the Welsh Government. It forms part of the …
Business
Business Live
Rise in the number of houses in Cardiff sold for more than £1m
Cardiff has experienced a rise in the number of houses sold for over £1m. New research by Property Solvers has revealed that there were 27 residential home sales in the bracket based on properties using Cardiff (CF) postcodes from September 2021 up to September 2022. The number of £1m-plus house sale was up slightly on …
Business
Business Live
Bournemouth barbers expands into Wiltshire with mobile salon service
A “Deliveroo-style” mobile barber business in Dorset has expanded its operations with the addition of a new “barber shop van” to its fleet. Grade 92 has two bricks and mortar shops in Bournemouth and launched its first converted van during the national lockdowns prompted by the Covid-19 pandemic. The business said the service proved so …
Business
Sky News
Atom Bank finance chief McCarthy quits months before potential float
Atom Bank’s finance chief since its launch nearly a decade ago is stepping down just months before a possible flotation of the digital-only lender.Sky News understands that David McCarthy is to leave the Durham-based bank after eight years as part of its leadership team. Shareholders in Atom Bank were notified about his departure in a …
Business
Evening Standard
Naked Wines calls in founder and former CEO after shares get trampled
After a share-price slump and a sudden, board-level resignation sent a chill through shares in Naked Wines this week, its former CEO is coming back to help it dress up revised “operational and financial plans”.Rowan Gormley also has some skin in the game. He is a material shareholder in the Norwich-based tipple-by-subscription company which he …
Business
Business Live
Deliciously Ella founder to headline Women in Business conference in Belfast and Dublin
The founder of the UK’s most successful food and wellness brands in recent years has been announced as the headline speaker at Women in Business’s Female Entrepreneurs Conference. Ella Mills, the name behind Deliciously Ella, will be one of a range of female entrepreneurs to take to the stage to share their business journey, along …
Business
Evening Standard
Capita shares surge on £150 million fintech sale
Shares in Capita surged 9% to 28p this morning after the professional services company announced the sale of its fintech business Pay360 in a £156 million deal.Manchester-based Pay360, which provides online payment processing services, has been snapped by software firm The Access Group in a deal which values it at around 3.5 times its annual …
Business
Evening Standard
Almost half households struggling to afford energy bills – ONS
Almost half of UK adults who pay energy bills have said they are struggling to afford them, according to new figures.The Office for National Statistics revealed that 48% of adults said they were finding it “very or somewhat difficult” to afford their energy costs in a survey between August 31 and September 11.It represents an …

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