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Evening Standard
London Stock Exchange opens and trading continues as City mourns
The London Stock Exchange said it will open and trade as normal on Friday following the Queen’s death.It comes as the nation starts a period of mourning to mark the death of its former monarch on Thursday afternoon.The Exchange confirmed trading will also “close at the normal times” on Friday afternoon.Trading will continue at the …
Business
Evening Standard
Drivers ‘risk being priced out of the electric revolution’
Demand for electric cars is at risk of stalling due to a lack of affordable models and high energy prices, new analysis warns.A report by consumer website Electrifying.com stated that there are just seven new electric cars on sale in the UK for under £30,000.That compares with 107 petrol or diesel cars in the same …
Business
Evening Standard
Many people do not feel part of their local community, study suggests
Two out of five people do not feel part of their local community with many planning to move out of the area, a new study suggests.A survey by the Co-op of more than 2,100 adults found those living in the West Midlands, London and Scotland were least likely to feel part of their community.Northern Ireland …
Business
Evening Standard
Soaring energy costs could leave towns without nightlife, industry warns
Town and city centres could be left with little or no nightlife or hospitality as businesses face “unsurvivable” energy costs, an industry body has warned.The Night Time Industries Association (NTIA) Scotland said bold and decisive action is needed from the UK and Scottish governments to save the sector, including the introduction of an affordable cap on …
Business
Sky News
Truss’s energy plan is a momentous fiscal intervention but there is a lot we still don’t know
There is much we do not know about the government’s new plans to help people out with their energy bills.We do not know how much they will cost. We do not have a clear sense of how they will be financed or paid for. We do not know precisely how the scheme will work in …
Business
Sky News
Atom Bank picks advisers for IPO after £700m SPAC merger stalls
The digital lender Atom Bank is close to picking bankers to work on a stock market listing after calling off talks about a £700m merger with a vehicle set up by Donald Trump’s former commerce secretary.Sky News has learnt that Atom Bank is interviewing investment banks about roles on an initial public offering – likely …
Business
Sky News
ECB raises rates by unprecedented 75 basis points
The European Central Bank has hiked its key interest rates by an unprecedented 75 basis points, signalling that further rises are likely.On Thursday afternoon, the bank lifted the deposit rate from zero to 0.75% and the main refinancing rate was lifted to 1.25%, their highest level since 2011. It comes as the bank battles inflation …
Business
Sky News
European Central Bank raises interest rates by unprecedented 75 basis points
The European Central Bank (ECB) has hiked its key interest rates by an unprecedented 75 basis points, signalling that further rises are likely.On Thursday afternoon, the bank – which makes monetary policy for the eurozone and the European Union – lifted the deposit rate from zero to 0.75% and the main refinancing rate was lifted …
Business
Evening Standard
Darktrace shares tumble as talks with private equity buyer fail
Bid talks between Cybersecurity specialist Darktrace and private equity firm Thoma Bravo collapsed, sending its shares tumbling by a third and casting further doubt on the City’s credentials for closing major deals in the tech-sector.The Cambridge-based company is in a red-hot part of the market, using artificial intelligence to prevent web-based attacks. Darktrace’s struggle with …
Business
Business Live
Huge step forward for Leicester City King Power Stadium expansion plans following months of delays
Planning officers at Leicester City Council are recommending that councillors vote through plans for a big expansion of the King Power Stadium. Leicester City FC want to rebuild the East Stand and take the attendance of the ground to more than 40,000. The Thai owners also want to add a 220-room hotel, a 20-storey residential …
Business
Business Live
KCom commits to £100m full fibre future with huge expansion plan unveiling
A £100 million expansion and overhaul of KCom’s network has been unveiled as it launches its full fibre future. Plans to deliver for generations to come have been released a decade on from the first leap of faith in broadband development. The Hull-based provider is investing huge sums into the city, wider Yorkshire and Lincolnshire, …
Business
Business Live
Egger invests £15m into recycling operations at Hexham plant
Manufacturer Egger UK has invested more than £15m into its Hexham site to create a new recycling plant. The North East operation, which is part of a global group, said the move will improve the quality of recycled wood used to make its chipboard panels. Using new technology, the plant segregates, cleans and chips waste …

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