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Sky News
Recruitment problems at ‘record highs’ as 76% of companies struggle to hire new staff
Recruitment problems are at record levels as three out of four companies struggle to hire staff, according to the British Chambers of Commerce.The BCC said roughly 61% of firms were looking for staff in the second quarter, similar to 60% in the first quarter. But 76% were reporting difficulties. Some 5,700 businesses were surveyed to …
Business
Euro News
BMW charging a monthly fee for heated seats is a glimpse into the future of cars
Business
Sky News
Shell ‘rethinking shareholder return policy’ as oil and gas sector enjoys bumper profits
Shell is considering boosting profits for shareholders and speeding up its shift towards renewables and low carbon energy.The news comes as the oil and gas sector enjoys bumper profits, with the world recovering from the worst of the coronavirus pandemic and prices being fuelled by Russia’s war in Ukraine. Shell’s chief executive Ben van Beurden …
Business
Sky News
Australian ‘buy now, pay later’ lender Zip seeks UK exit
An Australian-based ‘buy now, pay later’ credit provider is exploring an exit from its British operations little more than a year after launch.Sky News has learnt that Zip Co, which is listed in Sydney, has begun sounding out potential buyers of its UK business. It was unclear on Thursday whether Zip was considering closing down …
Business
Evening Standard
Morgan Stanley, JPMorgan fail to meet analyst expectations as inflation takes its toll on the banking sector
Morgan Stanley and JPMorgan results failed to meet analyst expectations as inflation and looming interest rate rises take their toll on the banking sector.Profits at Morgan Stanley dropped 30% in the second quarter of 2022 as investment banking revenue sunk 55% to $1.07 billion, while advisory revenue fell 9.9% to £598 million and debt underwriting …
Business
Evening Standard
Battle for tech talent sends fees soaring at Hays
White-collar workers are in high demand, fuelling salary increases amid a war for talent, especially in tech.Today London-based recruiter Hays said fees in the fourth quarter are up 24%. Profits for the year will be about £210 million, at the top end of City expectations.Hays CEO Alistair Cox, said: “While macroeconomic uncertainties are increasing, we …
Business
Euro News
Is Twitter down? Service appears to return after global outage
Business
Sky News
Second rail strike planned for end of July
Train drivers at eight rail companies will strike on 30 July in a dispute over pay, their union Aslef has said.It comes a day after the RMT union said its members at rail operators and Network Rail would walk off the job for 24 hours on 27 July. Mick Whelan, Aslef general secretary, said: “We …
Business
Business Live
BT to create 70 ‘highly-skilled and future-proofed’ jobs in Manchester
BT has outlined plans to create around 70 “highly-skilled future-proofed” jobs to Manchester. The technology and telecoms giant, which already employs more than 9,700 people across the North West, said the majority of the new roles will be created by April 2024. BT said the new employees will take on product management, software engineering, cloud, …
Business
Business Live
‘There have been many laughs and plenty of tears along the way’: Founder issues emotional statement as chain sold after 17 years
The founder of a Manchester-headquartered Mexican-style restaurant chain has issued an emotional statement after it was sold to the owner of Wagamama, Frankie & Benny’s and Chiquito for £7m. Morgan Davies established Barburrito in 2005 and the company currently operates 16 sites in Cardiff, Edinburgh, Glasgow, Leeds, Liverpool, London, Sheffield, Manchester and Nottingham. BusinessLive reported …
Business
Business Live
Deadline approaching for entries to the LincolnshireLive Business Awards 2022
As the summer gets hotter so does the competition for the LincolnshireLive Business Awards. With the deadline for entries coming round fast, companies throughout the county are being encouraged to join those who have already put themselves in the running. In association with the Lincoln Chamber of Commerce, LincolnshireLive is running the annual business awards …
Business
Business Live
Cornwall start-up raises £1m to develop audio and e-book app
A Cornwall tech start-up has raised £1m to support the development of its digital book platform and create jobs. Based in the village of Latchley, near Gunnislake, Xigxag has developed an audio and e-book app that it says offers the first-ever fully integrated listening and reading experience, which it calls ‘The X-book’. Recently named as …

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