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08.10.2024 - 18:16
Business
Sky News
Top City investors back ‘competitive’ FTSE pay amid London stock market fears
Investors managing more than £9trn in assets have backed a more “competitive” approach to British boardroom pay amid a growing debate about London’s attractiveness as a listing destination.Sky News has learnt that the Investment Association (IA), the influential industry trade body, will publish on Wednesday a revised set of remuneration principles aimed at the UK’s …
08.10.2024 - 11:11
Business
Sky News
Nandy to meet Premier League clubs amid ‘threat of civil war’
The culture secretary will hold talks with a group of Premier League clubs on Wednesday about the government’s plans for a football watchdog, even as the sport’s top flight teeters on the brink of civil war.Sky News has learnt that Lisa Nandy will meet executives from clubs including Crystal Palace, Liverpool and Tottenham Hotspur within …
08.10.2024 - 10:09
Business
Evening Standard
Ofwat: Full list of water firms ordered to pay penalties
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Water companies will have to take £157.6 million in penalties off customer bills after Ofwat published its annual performance report into the …
08.10.2024 - 10:05
Business
Business Live
Motorpoint rebounds with £2m profit, overcoming last year’s losses amid improved market conditions
Motorpoint has bounced back into profitability, attributing this to the easing of macroeconomic pressures and a resurgence in customer demand. The used car supermarket anticipates a pretax profit of approximately £2m for the six months leading up to September, a significant improvement from the pretax loss of £3.7m recorded during the same period last year. …
08.10.2024 - 09:59
Business
Evening Standard
Union warns strike will close schools in John Swinney’s constituency
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Union leaders have announced strike action that could close schools across Scottish First Minister John Swinney’s local area for two weeks.Unison said it …
08.10.2024 - 08:51
Business
Evening Standard
Google ordered to open app store to rivals by US judge
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Google has been ordered to open up its app store to rivals following a major court case in the US.Last year, a …
08.10.2024 - 08:28
Business
Evening Standard
Senior reveals job cuts in the face of aerospace woes
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.UK engineering firm and aerospace parts maker Senior has revealed it is slashing its global workforce and furloughing staff in the face …
08.10.2024 - 08:14
Business
Evening Standard
Grocery price inflation edges up as shoppers turn to promoted items
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Grocery price inflation edged up again in September as households turned back to promoted items as they sought to manage finances, figures …
08.10.2024 - 07:18
Business
Sky News
Reeves to meet bank chiefs as investment summit and budget loom
Rachel Reeves, the chancellor, will this week hold further talks with bank bosses amid industry anxiety that she will raise the tax burden on it at this month’s budget.Sky News has learnt that Ms Reeves will meet the chief executives of Barclays, HSBC, Lloyds Banking Group, NatWest Group and Santander UK on Wednesday. It will …
08.10.2024 - 05:26
Business
Sky News
Water firms ordered to return £157m on customer bills
Water firms in England and Wales have been ordered to return £157.6m to customers due to their poor performance.Ofwat said the money would come off bills for households and businesses in 2025-26, with the total rebates set to be calculated in December. Last year, the water regulator ordered firms to repay £114m as part of …
07.10.2024 - 23:01
Business
Evening Standard
Recycling old cables could help provide copper needed for green tech – study
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Hundreds of millions of pounds worth of copper found inside unused or binned electricals could help supply the growing demand for the …
07.10.2024 - 23:01
Business
Evening Standard
Lower risk of Britain losing power this winter than last, says grid operator
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Britain is less likely to lose power this winter than last year, according to the public body responsible for keeping the lights …
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