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28.07.2022 - 10:16
Business
Evening Standard
Pragmatic Prime Minister is needed to navigate recession
There’s a high chance that the first task of either Liz Truss or Rishi Sunak as Prime Minister will be to navigate the economy through a recession. That will require them to relinquish their dogmatic approaches to tax and adopt more practical policies to minimise the damage.CPI inflation was at a 40-year high of 9.4% …
28.07.2022 - 10:05
Business
Evening Standard
Foxtons ups sales staff 10% as properties return to London market
Foxtons is set to increase its number of sales negotiators by 10% as available properties for sale return to the London market.“We’ve got the stock and my view is that we haven’t had enough sales negotiators on the ground, boots on the ground. So we will be, and are, increasing sales negotiators.“Frankly if you’ve got …
28.07.2022 - 10:05
Business
Evening Standard
Foxtons ups sales staff 10% as properties return to London market
Foxtons is set to increase its number of sales negotiators by 10% as available properties for sale return to the London market.“We’ve got the stock and my view is that we haven’t had enough sales negotiators on the ground, boots on the ground. So we will be, and are, increasing sales negotiators.“Frankly if you’ve got …
28.07.2022 - 10:02
Business
Business Live
Investment at flagship Cobalt Business Park building paves way for new tenants
A flagship building at the entrance to the UK’s largest business park is ready to support hundreds of jobs following the first round of a major refurbishment. A significant sum has been invested into CobaltOne at North Tyneside’s Cobalt Business Park, updating the reception area while also creating a show-floor on the third level to …
28.07.2022 - 09:59
Business
Business Live
York property specialist swoops fror Grade II listed city building
Property investment and development specialist Helmsley Group has purchased 2 Lendal, a Grade II listed building in central York, on behalf of its investor network. Currently home to two restaurants including national Italian restaurant chain Zizzi, and Nola, an independent restaurant serving Creole-influenced dishes, the building was purchased from a private investor for an undisclosed …
28.07.2022 - 09:58
Business
Evening Standard
BT staff prepare to strike despite best pay deal in 20 years
BT boss Philip Jansen today expressed his “sadness and disappointment” as unions head out on a two-day strike that starts tomorrow.The company today returned to revenue growth for the first time in five years, something the City was watching closely, with a 1% rise to £5.1 billion in the first quarter.But it has been unable …
28.07.2022 - 09:47
Business
Business Live
Devon food wholesaler set to expand into new HQ, creating 30 jobs
A wholesale food firm in Devon is set to create 30 jobs as it expands into a new headquarters and distribution centre. R D Johns Foodservice supplies hospitality venues, schools and care homes across the South West from its depots near Newton Abbot and in Bath, and also provides a butchery service. The company, which …
28.07.2022 - 09:47
Business
Evening Standard
City Comment: CWU makes wrong call on BT pay strike
CARTOON caricatures of unions leaders – barons! militants! – don’t do much for the national debate. Generally they are neither, they are just trying to do the best for their members in the most trying circumstances.Cliches about fat cat CEOs are barely any better.Philip Jansen at BT is – you’ll be shocked – a well-paid …
28.07.2022 - 09:28
Business
Business Live
Trade union-backed good employment charter launches across Bristol and Bath region
A charter aimed at raising working standards in the West Country has been launched in Bristol by the region’s metro mayor, Dan Norris. The Good Employment Charter is a West of England Combined Authority (Weca) initiative to boost worker engagement and improve recruitment within firms in the region. The charter has been designed by trade …
28.07.2022 - 09:24
Business
Business Live
Sporting focus for accountancy firm as stadium expertise honed in Hull
An award-winning hull accountancy practice has launched a new service aimed specifically at the sporting sector. 360 Chartered Accountants has introduced 360 Sport Finance and Mentoring, in response to a number of approaches from both professional and semi-professional sports clubs. Founder Andy Steele has helped countless sporting clubs throughout a distinguished accountancy career, with funding …
28.07.2022 - 05:46
Business
Sky News
Energy giants enjoy soaring profits as prices rise
Shell has reported record profits of $11.5bn (£9.4bn) for the second quarter, more than double last year’s figure of $5.5bn (£4.5bn).The oil giant had already smashed its own quarterly record at the start of the year when it clocked up profits of $9.1bn (£7.2bn), but the sums continued to rise into Q2. Shell attributed the …
28.07.2022 - 05:13
Business
Sky News
Nestle among corporate winners in big day for results while Barclays pays new price for misconduct
It’s a big day in the corporate calendar as a host of companies report on their progress – with many winners emerging in the tougher economy.Among the dozens of well-known names publishing results were the world’s largest food group in Nestle, Shell – the second-largest firm on the FTSE 100 – to Guinness owner Diageo. …
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