Latest Stories All Stories

Business
Sky News
Russia could take 10 years to recover from sanctions, says boss of country’s largest bank
Russia’s economy may take a decade to recover from the crushing sanctions placed on the country following its invasion of Ukraine, according to a top banking executive.Returning to pre-sanctions levels could take nearly 10 years as the nation remains cut off from half of its trade, said German Gref, the boss of Sberbank, Russia’s largest …
Business
Euro News
Enticing e-commerce growth opportunities in the Gulf
Business
Sky News
UK central bank to stay ‘flexible’ on interest rates
The UK’s central bank will need to remain flexible on interest rates as inflation spikes but the country’s economy slows, according to a senior official at the bank..“The statement that we put out collectively is one that I think had a certain level of flexibility because it had to encompass those different views,” Bank of …
Business
Sky News
Bank of England rate-setter sees ‘flexible’ approach on interest rates
The UK’s central bank will need to be flexible on setting interest rates as inflation spikes but the country’s economy slows, according to a senior official on the committee that sets monetary policy.“The statement that we put out collectively is one that I think had a certain level of flexibility because it had to encompass …
Business
Evening Standard
General counsel Cardell appointed interim boss at CMA
Sarah Cardell has been appointed interim CEO of the Competition and Markets Authority (CMA) from her current position of general counsel at the industry body.She will take up the role temporarily when current CEO Andrea Coscelli leaves in July. Cardell was appointed by Business Secretary Kwasi Kwarteng while the British government starts the process look for a permanent replacement …
Business
Evening Standard
Glencore commodities trading on course for record profits
Glencore’s profits from trading commodities is set to reach a record high as the company lines its pockets in the wake of soaring energy and raw materials prices.The mining giant said it now expects profits in the first six months of 2022 to exceed $3.2 billion (£2.6 billion), above the top end of its guidance …
Business
Business Live
82 more homes up for sale at popular Staffordshire housing development
Eighty two more homes have been put up for sale at a popular new housing development in Staffordshire. Persimmon Homes has launched the third phase of properties at the Udall Grange development on Eccleshall Road, in Stone. The new homes join the existing 264 properties which were built at the site during phases one and …
Business
Evening Standard
Santander appoints Grisi CEO
Banco Santander has appointed Héctor Grisi as its new CEO succeeding José Antonio Álvarez at the Spanish-owned bank.Grisi will head up the financial institution from 1 January next year,  while Álvarez will remain on the board and serve as non-executive vice chair.The move comes more than three years after the bank withdrew an offer to hire Italian …
Business
Business Live
Newcastle’s Connected Energy attracts further £15m from five new investors
Well known brand names are among the five investors backing Newcastle’s Connected Energy in a £15m funding round. Caterpillar Venture Capital Inc., the Hinduja Group, Mercuria, OurCrowd and Volvo Energy have joined existing investors Engie New Ventures, Macquarie, and the Low Carbon Innovation Fund to give the backing which the firm says will enable it …
Business
Business Live
Yorkshire Building Society names new interim CEO as Stephen White leaves
Yorkshire Building Society has announced its interim CEO Stephen White is leaving to take up a new role with Santander, and has been replaced by Alasdair Lenman. In another senior appointment, Robert Purdy will take up the role of interim chief finance officer, a position Mr Lenman occupied. John Heaps, chairman of Yorkshire Building Society, …
Business
Business Live
Stoke City chairman Peter Coates donates £20 million to help create next generation of entrepreneurs
The co-founder of Stoke-on-Trent gambling giant bet365 has donated £20 million to Staffordshire University for a new course which aims to create the next generation of entrepreneurs. Peter Coates – who is also the chairman of Stoke City Football Club – has teamed up with the university to launch The Peter Coates Fast Forward programme. …
Business
Business Live
Belfast’s Grosvenor Road to get 14 storey office development
A proposal for a major office development on Belfast’s Grosvenor Road has been given planning approval. Belfast City Council’s Planning Committee this week gave the green light for the demolition of an existing two storey building and the construction of a three block office development with heights of nine to 14 storeys with associated landscaping, …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources