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Sky News
‘Gov needs to get a grip now’: BrewDog boss angry at ‘clueless government’ as he announces closure of six pubs
BrewDog has announced it will close six of its pubs, blaming spiralling costs and a “clueless government”.The craft beer firm will shut the Hop and Anchor in Aberdeen, Smithfield Market Arms in London, Hop Hub in Motherwell and its BrewDog bars in Dalston, east London; Old Street, east London; and Peterhead, Scotland. James Watt, founder …
Business
Sky News
Shetland Island residents must earn £104,000 to avoid fuel poverty next year, warns official
Some 96% of residents of the Shetland Islands could find themselves in fuel poverty by next April, according to a local official, who issued a stark warning about the future of the archipelago.Despite Scotland supplying much of the UK’s gas, islanders must earn a salary of £104,000 to avoid slipping into fuel poverty, according to …
Business
Sky News
Eurozone inflation hits record high of 9.1%
Inflation in the eurozone hit its highest ever level this month, pushed up to 9.1% by soaring energy costs exacerbated by the war in Ukraine.It is the ninth consecutive month to set a record rate for inflation in Europe, with consumer prices rising steadily since November 2021. The UK currently has the worst inflation of …
Business
Evening Standard
Scotland’s GDP fell by 0.8% in June, figures show
Scotland’s onshore GDP fell by 0.8% in June, government estimates show.Output had risen by 0.6% between April and May before the most recent downturn, leaving GDP 0.4% higher overall compared with the pre-pandemic level in February 2020.The services sector experienced no growth in June, according to the latest figures, while customer-facing services output fell by …
Business
Evening Standard
Working from home could add £131 a month to energy bills
Working from home could add an extra £131 a month to energy bills under the new price cap, consumers have been warned.Employees have been advised to weigh up the cost of their commute against the soaring price of energy from October 1, with those paying less than £30 a week for travel possibly better off …
Business
Evening Standard
Working from home could add £131 a month to energy bills
Working from home could add an extra £131 a month to energy bills under the new price cap, consumers have been warned.Employees have been advised to weigh up the cost of their commute against the soaring price of energy from October 1, with those paying less than £30 a week for travel possibly better off …
Business
Business Live
ADVERTORIAL: How to solve the recruitment challenge
Solving the recruitment dilemma will always be a challenge in business – turning the problem on its head and doing more with the resources we already have is a great place to start. Recruitment is an issue in almost every business across all sectors that we work with. With much talk of the cost of …
Business
Evening Standard
Billionaire Issa brothers add Co-op forecourts to Asda in £600 million deal
The billionaire Issa brothers have added another major asset to their sprawling retail empire after their majority-owned supermarketAsda snapped up 129 petrol forecourt sites from the Co-op in a £600 million deal.The deal, which includes £438 million cash and £162 million in lease liabilities, represents 5% of Co-op’s retail estate and is set to be …
Business
Evening Standard
Boost for London tech investments as Claret Capital beats fundraising targets
LONDON’s status as a major tech hub got a boost today after a new fund based in the City said it smashed its own targets to raise nearly £250 million to invest in start-ups.Claret Capital’s successful debt-financing round comes at a torrid time for big-name tech sector stocks and is a vote of confidence in …
Business
Evening Standard
Johnson: UK has financial strength to get through cost-of-living crisis
The UK is one of the most successful countries on earth and has the financial strength to get through the cost-of-living crisis, Boris Johnson said.The outgoing Prime Minister said investments were making the UK “fit for the future” and the country would get through the current “pressures” on living standards.Britons face months of soaring energy …
Business
Business Live
Carr’s agrees £44.5m deal to sell agricultural supplies division
A North East engineering firm stands to benefit from a £44.5m deal struck by its parent company. Carlisle-based agriculture and engineering group Carr’s has announced the deal to dispose of its agricultural supplies division Carr’s Billington – which has a number of stores in Northumberland and County Durham, as well as in Cumbria and Scotland …
Business
Business Live
NatWest to refund over 700 firms after it ‘forced’ businesses to open fee-paying accounts to secure loans
NatWest “forced” companies to open a fee-paying business current account in order to secure a loan, according to the Competition and Markets Authority (CMA). The watchdog said the practice, known as ‘bundling’, breached its rules over a three-year period. The bank will now issue a total of £600,000 in refunds. The CMA added that hundreds …

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