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Broadband firm Ogi in major expansion of its Welsh network
Indigenous broadband provider and infrastructure company Ogi has confirmed a major expansion of its network reach across Wales in the latest phase of a £200m investment. Extending its roll out to Bridgend, Caerphilly and Rhondda Cynon Taf, Ogi will begin work in some of these areas immediately. The announcement brings Ogi’s ultrafast services to a …
Business
Business Live
Comment: A festival of business to leave a lasting legacy from Birmingham 2022
Birmingham 2022 made history and not only due to the amazing feats of its athletes. The event is on track to be one of the most successful Commonwealth Games ever, with over 1.5 million tickets sold. However, it’s vital the West Midlands doesn’t rest on its laurels but that we seize this opportunity to leave …
Business
Evening Standard
Homeowners warned interest rates could rise by further 0.5% next month
Millions of homeowners were warned on Tuesday that the Bank of England’s monetary policy committee could raise interest rates by a further 0.5 per cent next month – hiking their mortgage payments.Economists also stressed that the MPC could increase rates from 1.75 per cent to three per cent in coming months to try to tame …
Business
Evening Standard
New home on New Bond Street for Watches of Switzerland as sales defy cost-of-living crisis
Watches of Switzerland, the operator of the Rolex Boutique chain, is moving its flagship West End  store into bigger premises has reported increased group sales of almost a third as demand for luxury timepieces survives the cost-of-living crisis.Its leading London outlet is not moving far – from Bond Street to New Bond Street – but it …
Business
Sky News
Household food bills rocket at fastest rate in more than a decade, research shows
Shoppers saw food prices rocket by 11.6% over the past month – the fastest rate since at least 2008 – adding the equivalent of £533 to the average annual grocery bill, industry data shows. Market research firm Kantar said the inflation hike for the four weeks to 7 August was the biggest it had recorded …
Business
Evening Standard
BHP to make record dividend payment after coal recovery lights up its annual earnings
BHP, the world’s biggest mining company, is making a record dividend payment to shareholders, after coal prices surged in the wake of Russia’s invasion of Ukraine.Annual profit from operations at the FTSE 100 company rose 34% to over $34 billion, from revenue of $65 billion, up 14%. Its coal division returned to profit before tax …
Business
Sky News
Apple tells staff they must work in office for most of the week
Apple has told employees that they must get back in the office for at least three days every week.Like many companies, it is attempting to figure out what role its offices have after remote working prompted by the COVID-19 pandemic. Apple previously attempted to get staff back in the office in June 2021, only to …
Business
Sky News
Workers suffer record pay slump in face of rocketing inflation
Workers have suffered a record real-term pay slump in the face of soaring prices, official data reveals.Regular wages, excluding bonuses, plunged an average of 4.1% on the year in the three months to June when inflation is taken into account, according to the Office for National Statistics (ONS). It is the highest fall since records …
Business
Sky News
Families massively underestimating how much energy bills will soar
Most households are underestimating the massive energy price rises predicted in the coming months with some even believing they will fall, new research shows. Families believe their household gas and electricity bills will go up by £487 from the start of October, despite experts predicting a rise of more than three times that amount, research …
Business
Euro News
Twitter takeover: Judge orders social media giant to give Elon Musk former executive’s documents
Business
Sky News
Nationwide offers 11,000 workers a £1,200 bonus to help with bills
Nationwide will offer a one-off bonus to 11,000 staff members to help workers deal with more expensive bills.The building society said on Monday that it would pay them each a £1,200 bonus as inflation shoots towards 10% and household bills inch closer to £5,000. It follows companies including Barratt, Taylor Wimpey, Lloyds, Rolls-Royce, and HSBC …
Business
Sky News
Heathrow extends flight restrictions until end of October
Heathrow has extended its flight restrictions until the end of October, hitting families’ plans for half term getaways.Previously the cap on passengers travelling through the airport – set at 100,000 – was due to end on September 11th. The airport said on Monday that without a cap, it will not be able to safely and …

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