Latest Stories All Stories

Business
Sky News
Setback for Microsoft’s £59bn plan to buy video game company
Microsoft’s acquisition of Activision Blizzard could reduce competition and requires further investigation, the UK’s watchdog has said.The $68.7bn (£59.4bn) takeover was announced in January, and would make Xbox-maker Microsoft a more powerful rival to Sony and Nintendo. But the Competition and Markets Authority said the deal could restrict competitors’ access to Activision Blizzard games and …
Business
Sky News
Boris Johnson approves £700m funding for nuclear power plant
Boris Johnson has given the green light to the Sizewell C nuclear power plant in Suffolk, promising £700m of government funding for the project.He confirmed the move during a speech from the site in one of his final acts as prime minister – and amid the rising cost of living crisis – saying he was …
Business
Business Live
Work finishes on Bristol office scheme near Temple Meads station
Work on a major office scheme in Bristol has been completed, the project’s developers have confirmed. One Portwall Square, in Redcliffe, is among a number of new high-end commercial properties being constructed in the city centre. The building, which was developed by Nord, includes 33,750 sq ft of office space over six floors and a …
Business
Business Live
Reckitt CEO steps down to return to US after remarkable three year stint at helm of halo brand Dettol
Reckitt chief executive Laxman Narasimhan is to step down at the end of the month. Personal and family reasons have been cited as the reasoning behind a decision to relocate back to the US, having been approached with an opportunity that allows such a move. It follows a remarkable three years that saw the company …
Business
Business Live
Nottinghamshire logistics firm fills 180 spaces in just four weeks
A Nottinghamshire logistics business has filled 180 spaces in just four weeks to get ready for a busy Christmas period. DMW Logistics, in Sutton-in-Ashfield, specialises in contract packaging for clients across the UK and Europe as well as warehousing and distribution. It brought in Thorn Baker Industrial Recruitment, which is based in Leicestershire, to find …
Business
Evening Standard
BrewDog criticises ‘clueless government’ as it closes six pubs over energy bills
The boss of BrewDog has said the craft brewer will shut six of its pubs after being hammered by soaring energy costs “with no prospect of any help from a clueless government”.James Watt, founder and chief executive of the company, said it took the decision as it believed it would “be simply impossible to get …
Business
Evening Standard
Small businesses face higher water bills as Ofwat looks at overhauling price cap rules
Ofwat is considering introducing new measures that would increase the price cap on water bills paid by the average small business in England, at a time when utility costs and how they are regulated are a hot political and social issue.The regulator is considering dumping regional limits on rates in England and bringing in a …
Business
Business Live
Shoppers hit by cost crunch sees sales fall for small businesses
Sales have fallen by a tenth for small businesses in Britain as customers tighten their belts in response to the cost-of-living crisis, according to figures. The Office for National Statistics (ONS) said sales values slid by 10% at small firms in July compared with the previous month, representing the heaviest fall since the onset of …
Business
Business Live
Wales’ first exotic animal vet practice opens following six-figure backing
Wales’ first dedicated exotic animal veterinary practice has opened following a six-figure investment. The new Cardiff-based independently-run Origin Vets Clinic opened last month after securing a £300,000 loan from the Development Bank of Wales. Employing seven members of staff, the clinic is located in a 3,000 sq ft unit at the Riverbridge Business Park off …
Business
Sky News
UK house price growth holds steady – but warning of sharp fall ahead
Annual house price growth in the UK slowed in August but remained in double digits for the tenth month in a row.House price growth fell to 10% last month, down from 11% in July, but actually increased when taking account of seasonal effects. Meanwhile, house prices have risen by almost £50,000 in two years.“There are …
Business
Evening Standard
Sales tumble 10% for small firms as cost crunch hits shoppers
British small businesses have seen sales plunge by a tenth as customers tighten their belts in response to the cost-of-living crisis, according to figures.The Office for National Statistics (ONS) said sales values slid by 10% at small firms in July compared with the previous month, representing the heaviest fall since the onset of the coronavirus …
Business
Evening Standard
Manufacturing sector shrinks for first time since May 2020 as recession looms
For the first time since workers were forced to down tools in the early days of the pandemic, production at the UK’s factories is falling, a new study has suggested.The Purchasing Managers’ Index (PMI) for the manufacturing sector fell to its lowest level in 27 months for August as the UK heads towards a recession.The …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources