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Business Live
Business confidence in freefall, warns Chamber of Commerce
Confidence among East Midlands businesses is in freefall, according to new research, as the cost of doing business continues to head upwards. With inflation at a 40 year high of 9.1 per cent and the economy running on empty towards likely recession, the latest East Midlands Chamber business leader survey suggests no signs of let-up. …
Business
Business Live
Cranswick chief operating officer appointed to group board after sales smash £2b
Leading food producer Cranswick has appointed two new directors to the board. Group chief operating officer Chris Aldersley is joined by the independent non-executive appointment of Yetunde Hofmann. Mr Aldersley joined the Hull-headquartered firm in 1998, working in a variety of senior management roles before taking the COO position in 2015. Read more: City praise …
Business
Sky News
UK’s economy grows, Zoom’s future and Sussex wine
In the episode, Ian King catches up on the latest negotiations with RMT members on the second day of rail strikes.Chris Williamson from S&P Global Market Intelligence joins Ian to discuss figures which show the UK’s economy continues to grow, while Zoom’s CIO advisor Magnus Falk discusses the company’s future – which is being used …
Business
Business Live
Cardiff to get its first exclusively gluten-free coffee shop
A completely gluten-free coffee shop is opening its doors in Cardiff this Saturday after securing a £15,000 micro-loan from the Development Bank of Wales. The coffee shop, named Against the Grain, is due to open on Merthyr Road in Whitchurch this Saturday after securing the micro-loan to furnish and equip the new business venture. It …
Business
Business Live
Gloucestershire broadband firm set for £3.3m Tewkesbury rollout
A broadband operator in Gloucestershire is set to invest up to £3.3m to roll out its full fibre network in Tewkesbury. Netomnia, which is headquartered in the town, said firms and residents in more than 11,000 premises could benefit from “ultrafast” multi-gigabit connectivity. It added the move would enable the area to sustain and attract …
Business
Business Live
Grimsby shopping centre purchase plan approved by leading councillors as bid submitted to receivers
A plan for Grimsby’s Freshney Place Shopping Centre to be bought by the local council has moved a step closer. The enclosed mall in the town centre, the largest in the county and the retail heart of the borough, was plunged into receivership earlier this year. North East Lincolnshire Council has submitted a bid ahead …
Business
Sky News
Online sales tax ‘would punish British SMEs’, Amazon warns Treasury
An online sales tax (OST) would cause significant harm to Britain’s army of small businesses, the world’s biggest internet retailer has warned the government.Sky News has learnt that John Boumphrey, Amazon’s UK country manager, told a Treasury minister during a meeting on Wednesday that a 1pc levy would hurt the hundreds of thousands of SMEs …
Business
Sky News
Strikes could ‘escalate’ if deal not struck, and RMT boss ‘can’t see’ Saturday’s walkout being avoided
Rail strikes could “escalate” unless a settlement is reached for all workers in the industry, the RMT’s general secretary has warned.Mick Lynch told Sky News that more train drivers might enter the dispute – and “other people are balloting in this industry too”. When asked whether further strikes may take place, he said: “There’s plenty …
Business
Evening Standard
Fuel and food fire highest inflation rate for 40 years
Steep rises in food and fuel prices drove inflation to a 40-year high on Wednesday, sparking fresh calls for ministers to do more to help ease the cost of living crisis.Official figures from the Office for National Statistics showed inflation hit a rate of 9.1 per cent in the 12 months to May — up …
Business
Sky News
Biden to call for suspension of federal fuel taxes for three months
US President Joe Biden is set to call for the suspension of federal gas and diesel taxes for three months.Mr Biden will also ask state governments to suspend their own fuel taxes, according to a report by The Associated Press. Federal taxes account for 18.4 cents per gallon of gas and 24.4 cents per gallon …
Business
Sky News
European fintech giant Raisin hires Goldman for fresh funding push
Raisin, one of Europe’s leading fintech groups, has drafted in Goldman Sachs to help raise fresh funding amid an increasingly bearish environment for growth capital deals.Sky News has learnt that the Berlin-based company is looking to secure a substantial capital injection in the coming months, although the size of the prospective raise and valuation were …
Business
Euro News
Binance is ‘in it for the long game’ when it comes to Europe and doesn’t fear the crypto crash

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