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The top team leading Manchester Airports Group after turbulent few years
Airports up and down the UK have not been far from the headlines over the last couple of years. They have faced significant challenges from shutting down almost completely during the height of the Covid-19 pandemic through to reopening and dealing with being short staffed and long queues. Manchester Airports Group, which runs Manchester, East …
Business
Sky News
Services sector grew at its slowest rate since February last year
The UK’s service sector has grown at its slowest rate since February last year – when much of the country was still under COVID-19 restrictions.The monthly S&P Global/CIPS UK services PMI survey hit 52.6 in July, from 54.3 a month earlier. Anything above 50 is positive so it means the sector – which accounts for …
Business
Business Live
HS2 and high speed rail ‘essential’ to levelling up the UK, mayors and business leaders tell Government
HS2 and other new and improved rail links will be vital to help “level up” the UK, political and transport leaders from across the country have told the Government. A new report from the High Speed Rail Group (HSRG) – called High Speed Rail: Levelling Up Voices – brings together politicians, academics and transport leaders …
Business
Business Live
Biggest UK brickmaker Ibstock takes 75% share in fireproof cladding maker Generix Facades
Brick maker Ibstock has taken a 75 per cent share in fireproof cladding manufacturer Generix Facades. The move will help Leicestershire-based Ibstock extend its construction portfolio and the range of façade systems offered by Ibstock Futures – a subsidiary set up to target fast-growing areas of the UK market. It will also help it meet …
Business
Business Live
From driverless boats to offshore wind – the £128million plan for future of South West green technology
Plans to make the South West a superpower in green technologies including driverless boats and submarines have been showcased at a summit in Plymouth. The £128million proposals set out by the Marine and Environmental Science Accelerator aims to make the region a global scientific leader to combat climate change. Academics and business leaders have developed …
Business
Sky News
Housebuilder Taylor Wimpey gives employees £1,000 cost-of-living bonus
Housebuilder Taylor Wimpey will give most of its employees £1,000 on top of their salaries to help them cope with rising fuel costs this winter.The payments will be given to workers on salaries of up to £70,000, meaning that about 90% of the workforce is eligible. Money will be paid in monthly instalments from September …
Business
Evening Standard
Hiscox shares slide on half year profits dip as RSA back in black
Shares in insurer Hiscox dropped in early trading this morning after it posted a $107 million (£88 million) loss in pre-tax profit for the first half of the year.This was despite boss Aki Hussain stating he was “pleased” with the group’s performance .The shares dipped 8% on the revelation that profits had fallen from $133.4 million …
Business
Sky News
Hosepipe ban announced for South East Water customers in Kent and Sussex
South East Water has announced a ban on hosepipe and sprinkler use for its customers in Kent and Sussex.The ban will start on 12 August, with an end date that has yet to be decided. It comes just days after Southern Water announced the first hosepipe ban of the year for customers in Hampshire and …
Business
Sky News
‘Big four’ supermarkets failing to reduce petrol prices in line with falling wholesale costs, RAC warns
The “big four” supermarkets and several other retailers are failing to reduce petrol prices in line with falling wholesale costs, the RAC has warned.The roadside recovery firm said the wholesale cost of petrol has fallen by 20p since early June. However, UK retailers continued to increase their prices in June and only dropped their pump …
Business
Evening Standard
Marriott boss hails consumers’ love for travel as revenues surpass pre-pandemic levels
The boss of Marriott has hailed consumers’ love for travel after the company posted revenues which beat analyst earnings and surpassed pre-pandemic levels.The hotelier reported sales of $5.3 billion (£4.4 billion) in the second quarter of 2022, up 70% on the previous year and just ahead of 2019 levels, while pre-tax profits topped $870 million.Marriott …
Business
Sky News
How interest rate rise will impact your mortgage bill
The Bank of England has imposed the biggest interest rate hike since 1995 in a bid to tackle inflation, but is adding significant costs to borrowers in the process.Consumer finance experts told Sky News there were significant savings to be had by switching to a fixed rate mortgage deal and shopping around for higher savings …
Business
Sky News
How interest rate rise will impact your mortgage bill
The Bank of England has imposed the biggest interest rate hike since 1995 in a bid to tackle inflation, but is adding significant costs to borrowers in the process.Consumer finance experts told Sky News there were significant savings to be had by switching to a fixed rate mortgage deal and shopping around for higher savings …

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