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US Air Force reservist raises $5M for UK quantum start-up TreQ
A US Air Force Reserve brigadier-general will this week unveil a $5m funding boost for her British-based quantum computing start-up.Sky News understands that Mandy Birch, who is also an adviser to the UK’s National Quantum Computing Centre, has secured the capital for TreQ, a manufacturing company focused on building and operating open-architecture quantum computers. Based …
Business
Evening Standard
Shell’s refining margins tumble amid faltering demand
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.Shell has revealed a steep fall in quarterly profit margins in its oil refining business amid a slowdown in demand globally.The energy …
Business
Evening Standard
Sunday nights attracting more diners amid work-from-home shift, pizzeria says
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.More people are shaking off back-to-work blues and dining out on a Sunday evening, while Fridays have become “tougher” for hospitality firms …
Business
Evening Standard
Sainsbury’s to hire 20,000 staff for Christmas season
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.Sainsbury’s will be hiring 20,000 more shop workers, warehouse staff and drivers for the Christmas period as the retailer prepares for festive …
Business
Sky News
TGI Fridays close to rescue deal with Breal and Calveton
A rescue deal for the British operations of TGI Fridays which will salvage more than 2,000 jobs is on the verge of being finalised this weekend.Sky News has learnt that Breal Capital and Calveton, which jointly own the upmarket restaurants business D&D London, could agree a deal to acquire the majority of TGI Fridays as …
Business
Sky News
TGI Fridays close to rescue deal
A rescue deal for the British operations of TGI Fridays which will salvage more than 2,000 jobs is on the verge of being finalised this weekend.Sky News has learnt that Breal Capital and Calveton, which jointly own the upmarket restaurants business D&D London, could agree a deal to acquire the majority of TGI Fridays as …
Business
Business Live
Market revamp postponed so traders can have uninterrupted festive season
A multi-million pound refurbishment of Ellesmere Port Market is set to commence in early 2025, Cheshire West and Chester Council has confirmed. The revamp of the market hall has been postponed until the new year to ensure uninterrupted trading for stallholders and customers during the festive season. Despite the ongoing project, the market will stay …
Business
Sky News
How fiscal rules are impeding long-term investments – and what Rachel Reeves can do about it
Before we get onto the budget and what Rachel Reeves might do to fiddle her fiscal rules and give herself a little more room to spend, I want you to ponder, for a moment, a recent report from the Office for Budget Responsibility (OBR).This wasn’t one of those big OBR reports that get lots of …
Business
Sky News
Compare the Market investor plots sale of stake in £4.5bn price comparison site
An investor in one of Britain’s most popular price comparison sites is exploring the sale of its stake in a deal that could value it at more than £4bn.Sky News has learnt that the Canada Pension Plan Investment Board (CPPIB) is lining up advisers to assess whether to sell its 30% holding in Compare the …
Business
Business Live
Cheshire East Council abandons Crewe baths transformation and opts for new school development
Cheshire East has agreed to abandon plans for transforming a former Crewe swimming baths complex into a community hub, and will now seek government approval to repurpose the site for a school. The economy and growth committee was informed this week that the cost of the proposed scheme, spearheaded by the Always Ahead charity, has …
Business
Sky News
Ministers plot Whitehall shake-up in inward investment drive
Ministers are plotting a shake-up of Britain’s drive to attract inward investment days before a summit they will claim demonstrates the country is “open for business”.Sky News has learnt that officials are drawing up plans to merge the Office for Investment – a joint venture between the Department for Business and Trade and Number 10 …
Business
Evening Standard
South Africa is best value long-haul holiday destination – report
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.South Africa has regained its position as the best value long-haul holiday destination for UK travellers, according to a new report.Local price …

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