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Annual Mansion House dinner thrown into flux by Tory leadership battle
The Mansion House dinner, one of the City of London’s most important annual events, has been thrown into flux by the Conservative Party leadership contest as civil servants deliberate over whether the new chancellor, Nadhim Zahawi, should be permitted to speak at it.Sky News has learnt that Tom Scholar, the Treasury’s permanent secretary, is in …
Business
Evening Standard
Race for talent sees Page post record month
A race for talent in the City and the wider business world is leading to booming profits at recruitment house PageGroup, which enjoyed a record June.Employers large and small are fighting to grab staff as the available workforce falls in size post-Covid. Many formerly working people have chosen to retire or rethink their lives.Profit in …
Business
Sky News
What’s pushing up house prices? And is your area one of the worst affected by the housing crisis? Find out with our map
House building has not kept up with population growth in almost half of the local authorities in England, Sky News analysis has found.In the decade to 2021, the population grew faster or at the same pace as the number of homes in 150 out of 309 local authorities, according to our analysis of data from …
Business
Business Live
Banks Property seals land deals with housebuilders Miller Homes and Barratt Homes
A major housing development in Durham has moved forward after developer Banks Property struck land deals with two housebuilders. The County Durham company, part of the family run Banks Group, secured outline planning permission from Durham County Council for the Bent House Lane development last year and has since been working towards seeking out the …
Business
Business Live
VPI gets behind new Irish power plant after rapid expansion in UK from Humber start-up
Humber Bank-based power giant VPI has partnered with an Irish generation company to build a new 275MW plant in County Westmeath. A joint venture has been agreed with Lumcloon Energy Ltd for a consented open cycle gas turbine power plant. It will play a role in supporting peak demand, acting as a back-up for renewable …
Business
Evening Standard
UHY Hacker Young sanctioned by FRC over Laura Ashley audits
London-based chartered accountant UHY Hacker Young has been sanctioned by the Financial Reporting Council (FRC) over its handling of auditing for high street furnishings and clothing retailer Laura Ashley.The issues related to the financial years 2018 and 2019 before the company filed for administration in March 2020.The FRC said that UHY had not “challenged” the …
Business
Evening Standard
Twitter sues Elon Musk to force through takeover
Twitter is suing billionaire Elon Musk over his abandoned $44 million takeover of the company in a bid to force him to close the deal.The social media giant has filed a 62-pegal lawsuit at a Delaware court after hiring hotshot New York law firm Wachtell, Lipton, Rosen & Katz to hold him to the original …
Business
Business Live
IT firm co-owned by former star of The Apprentice sold
An IT firm co-owned by a former star of The Apprentice has been sold. Manchester-based Everything Tech has been acquired by Managed IT Services Group (MITSG) for an undisclosed sum. Everything Tech was co-owned by Ruth Hall who as Ruth Badger finished second in The Apprentice in 2006. READ MORE: How a runner-up on The …
Business
Sky News
Five household energy suppliers called out amid row over unjustified direct debit levels
The energy regulator has called out five of the country’s biggest household energy suppliers for their treatment of customers amid complaints of unjustified direct debit levels.Ofgem launched a compliance review in May after the business secretary Kwasi Kwarteng complained that “some” companies had been increasing direct debit payments “beyond what is required” following the energy …
Business
Business Live
Amazon-backed banking platform Pismo appoints former Just Eat director in Bristol
Banking and payments platform Pismo has appointed a new engineering director in Bristol. Ross Larter will be responsible for structuring the technical team, expanding the company’s solutions, and supporting processes related to Pismo’s globalisation strategy, according to the São Paulo-headquartered firm. Before joining Pismo, Mr Larter spent more than six years as engineering director of …
Business
Business Live
Premium retailer Booths marks 175th anniversary with a rare Yorkshire whisky
Yorkshire’s first single malt whisky distillery has bottled a rare single cask in response to a request from premium independent grocers, Booths. Spirit of Yorkshire Distillery, home to Filey Bay single malt whisky, was invited to select and bottle a single cask whisky to celebrate the 175th anniversary of the fifth generation family grocers. Cask#175 …
Business
Evening Standard
Collapsed crypto fund co-founder hits back at liquidators after ‘threats of physical violence’
A co-founder of a collapsed crypto hedge fund reportedly once worth $10 billion has hit back at accusations by liquidators that he is refusing to cooperate with them.Three Arrows Capital (3AC) co-founder Zhu Su tweeted: “Sadly, our good faith to cooperate with liquidators was met with baiting.” In a court filing on Friday, liquidators of …

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