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20.07.2022 - 12:10
Business
Evening Standard
Holly Willoughby, Philip Schofield and Martin Lewis exploited as Brits lose thousands to celeb crypto scams
Holly Willoughby, Philip Schofield and Martin Lewis were among the top TV celebrities whose profiles were exploited in fake online adverts as Brits lost thousands to celeb crypto scams.Fraudsters raked in a combined £1.7 million from the six biggest celebrity scam ads, data from Natwest shows, as fraudsters used pictures of familiar famous faces to …
20.07.2022 - 11:58
Business
Evening Standard
London tech centre continues to deliver 2012 Olympic legacy
Almost exactly a decade from the start of the London Olympics, the legacy of the Games lives on as new data reveals the impact a tech centre built at the Olympic Park contributes to the UK economy.Based at the former Olympic broadcast centre, tech and innovation hub Here East added £700 million to the UK’s …
20.07.2022 - 11:21
Business
Sky News
New nuclear power station Sizewell C granted development consent by the government
The government has granted development consent for the new Sizewell C nuclear power station in Suffolk.It is hoped that Sizewell C will generate enough low-carbon electricity to supply six million homes, and that the multi-billion pound investment in nuclear power will insulate the UK from volatile energy prices. Carly Vince, Sizewell C’s chief planning officer, …
20.07.2022 - 11:21
Business
Sky News
New nuclear power station granted development consent
The government has granted development consent for the new Sizewell C nuclear power station in Suffolk.It is hoped that Sizewell C will generate enough low-carbon electricity to supply six million homes, and that the multi-billion pound investment in nuclear power will insulate the UK from volatile energy prices. Carly Vince, Sizewell C’s chief planning officer, …
20.07.2022 - 10:26
Business
Business Live
Hinkley Point C proposes changes to way radioactive waste is stored
Hinkley Point C nuclear power station in Somerset is proposing changes to the way it stores radioactive waste. The Environment Agency launched a consultation on Monday (July 18) following the proposals by the plant, which is being built by French energy giant EDF. Pressurised water reactors at Hinkley Point C, which is based near Bridgwater, …
20.07.2022 - 10:23
Business
Business Live
The Doxford Group to create new North East hotel after securing £5.7m finance deal
Hospitality company The Doxford Group is creating a new hotel after securing a £5.7m finance package to help put growth plans into action. The Doxford Group currently owns and operates weddings, events and overnight stays from its two venues near Alnwick, Northumberland, the Charlton Hall Estate and Doxford Barns. Now the Charlton Hall Estate is …
20.07.2022 - 10:09
Business
Business Live
Russian seafood sanctions hit with Grimsby cluster chiefs warning of potential to push prices up
A warning over further price inflation on seafood has been sounded as the 35 per cent tariff on Russian imports has finally been introduced. First announced in March as part of a round of sanctions aimed at closing economic lines into Putin’s war chest as the invasion of Ukraine took hold, it was paused to …
20.07.2022 - 10:04
Business
Business Live
Northumberland space start-up NORSS acquired by US defence giant Raytheon
American defence giant Raytheon has acquired a 22-strong space technology company based in Alnwick, in an undisclosed deal. The UK arm of the aerospace and defence multinational said it intends to buy Northern Space and Security Ltd, or NORSS, in a move the start-up’s founder says will facilitate expansion. RAF veteran Ralph Dinsley founded the …
20.07.2022 - 09:31
Business
Evening Standard
Morses Club shares dip 40% on scheme to address customer claims
Doorstep sub-prime lender Morses Club’s shares fell 40% in early trading this morning as it announced it was to enter a “potential scheme of arrangement” to address customer compensation claims that “could jeopardise the group’s future”.It said that a key objective of the potential scheme that has been identified to the regulator the Financial Conduct Authority (FCA) …
20.07.2022 - 09:26
Business
Business Live
Harworth Group reports strong first half but signals ‘uncertainty’ in UK market
Land regeneration outfit Harworth Group says the value of its portfolio will rise above predictions for the first half of the year. In an update to investors ahead of the Rotherham-based group’s half year results, Harworth said its 2022 performance would likely be weighted to the six months to the end of June, owing to …
20.07.2022 - 09:12
Business
Evening Standard
Royal Mail ponders break up as it loses £1m a day
ROYAL MAIL plunged to a dramatic loss and embarked on another corporate rebrand as it headed into a summer of strikes by unhappy workers.It is threatening a break up of the business which can trace its history back to 1516.Postal workers, among the feted heroes of the Covid crisis, voted yesterday for industrial action after …
20.07.2022 - 09:03
Business
Sky News
Loan scheme for small businesses to be extended by two years
A scheme offering government-backed loans to small businesses will be extended by a further two years, the business secretary has announced.Kwasi Kwarteng said on Wednesday: “Small businesses are the lifeblood of the British economy, which is why we are determined to support our traders and entrepreneurs in dealing with worldwide inflationary pressures. “The extension of …
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