Latest Stories All Stories

Business
Sky News
What uses the most water in our homes, where does our water come from and what happens during a drought?
With the UK bracing itself for another heatwave, there are warnings parts of the country could experience droughts this month.The first heatwave and the driest July on record in parts of the country have already seen England’s drought level increased to the ‘prolonged dry weather stage’. Further periods of no rain could see this pushed …
Business
Sky News
Consumer goods giant thanks raising prices for profits boost
Unilever, the consumer goods giant behind brands including Marmite and Magnum ice creams, has reported a leap in underlying sales thanks to price rises.The company said it was raising its full-year sales guidance after recording an increase of 8.1% during the first six months of the year. The growth was achieved thanks to average price …
Business
Sky News
Heathrow and easyJet reveal huge financial hits after flight chaos
Heathrow Airport and easyJet, two of the air industry players affected by this year’s flight chaos, have revealed large financial hits while outlining how they are coping during the summer rush.The low-cost carrier said cancellations and delays caused by staff shortages at airports and in the air had cost it £133m over its latest quarter …
Business
Sky News
Fibre broadband player Gigaclear digs deep in hunt for new funding
Gigaclear, the fibre broadband network provider, is plotting to raise hundreds of millions of pounds of further funding amid an industry-wide race to modernise Britain’s communications infrastructure.Sky News has learnt that Gigaclear is working with bankers at Rothschild to raise between £200m and £300m of additional capital for its rollout. The capital-raise, which could comprise …
Business
Sky News
Zimbabwe launches gold coins as legal tender to tackle hyperinflation
Zimbabwe has launched new gold coins to be sold to the public in a bid to tackle chronic hyperinflation.The gold coins – called Mosi-oa-Tunya – will have “liquid asset status”, meaning they can be converted to cash, traded locally and internationally, and used for transactions, the Reserve Bank of Zimbabwe said. People can only trade …
Business
Sky News
London narrowly avoided blackout during heatwave by paying Belgium a record price for electricity
London nearly had a power blackout last week, forcing the UK to pay Belgium a record price for electricity to keep the capital connected.National Grid’s Electricity System Operator (ESO) paid £9,724.54 per megawatt hour – more than 5,000% higher than the usual price – to avoid an outage in southeast London last Wednesday, as first …
Business
Sky News
Spicy acquisition shows Premier Foods has regained its confidence
It seems remarkable, given that chicken tikka masala is now considered one of the UK’s national dishes, that polling suggests many people in this country have never actually tried to cook a curry.That was the logic deployed by Anjum Anand, the TV chef and cookery writer, when she and her businessman husband, Adarth Sethia, set …
Business
Sky News
Is now a good time to buy a house – or is it better to keep renting?
House prices have hit record highs, with many buyers facing a dilemma… should they commit now, or wait for prices to go back down?In July, surveyors said they saw the first signs the market is beginning to cool. In its monthly survey, the Royal Institution of Chartered Surveyors (RICS) found that 27% of professionals reported …
Business
Sky News
Ryanair returns to profit, cut price eCommerce software, Santander talks digital platforms
Ian King speaks to Ryanair’s Chief Financial Officer – who’s warning of a “fragile” market in air travel, despite returning to profit for the first time since the pandemic; there’s also the Business Minister talking about the government’s software scheme “Help to Grow”; and Santander launches its new Navigator digital platform to help UK firms …
Business
Evening Standard
Premier Foods pays £43.8 million for meal kit brand The Spice Tailor
Sharwood’s and Loyd Grossman sauces owner Premier Foods has bought Indian and Thai recipe kit makers The Spice Tailor for £43.8 million.Premier, who’s brands also include Mr. Kipling and Bisto, said it would acquire 100% of The Spice Tailor shares for a cash payment. The meals brand said it expected to generate revenue of £17.3 …
Business
Business Live
Henri-Lloyd: New owner reveals future plans for iconic brand worn by Kate Middleton and Sir Ben Ainslie
The new owner of Henri-Lloyd has revealed its future plans for the sailing and lifestyle brand that counts Kate Middleton and Sir Ben Ainslie among its fans. Switzerland-based sport and outdoor clothing ODLO, which is owned by Monta Rosa Capital, has snapped up the Manchester-based business for a “substantial” undisclosed sum. The deal is expected …
Business
Business Live
Plans for 72 Dorset homes approved as council’s refusal overturned
A developer has been given the green light to build 72 homes in north Dorset after the local council’s rejection of the plans was overturned following a public inquiry. Last year Dorset Council refused Cicero Estates’ outline planning application for the 13-acre (5.2 hectare) site on the edge of Marnhull, on the grounds the scheme …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources