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BT to create 70 ‘highly-skilled and future-proofed’ jobs in Manchester
BT has outlined plans to create around 70 “highly-skilled future-proofed” jobs to Manchester. The technology and telecoms giant, which already employs more than 9,700 people across the North West, said the majority of the new roles will be created by April 2024. BT said the new employees will take on product management, software engineering, cloud, …
Business
Business Live
‘There have been many laughs and plenty of tears along the way’: Founder issues emotional statement as chain sold after 17 years
The founder of a Manchester-headquartered Mexican-style restaurant chain has issued an emotional statement after it was sold to the owner of Wagamama, Frankie & Benny’s and Chiquito for £7m. Morgan Davies established Barburrito in 2005 and the company currently operates 16 sites in Cardiff, Edinburgh, Glasgow, Leeds, Liverpool, London, Sheffield, Manchester and Nottingham. BusinessLive reported …
Business
Business Live
Deadline approaching for entries to the LincolnshireLive Business Awards 2022
As the summer gets hotter so does the competition for the LincolnshireLive Business Awards. With the deadline for entries coming round fast, companies throughout the county are being encouraged to join those who have already put themselves in the running. In association with the Lincoln Chamber of Commerce, LincolnshireLive is running the annual business awards …
Business
Business Live
Cornwall start-up raises £1m to develop audio and e-book app
A Cornwall tech start-up has raised £1m to support the development of its digital book platform and create jobs. Based in the village of Latchley, near Gunnislake, Xigxag has developed an audio and e-book app that it says offers the first-ever fully integrated listening and reading experience, which it calls ‘The X-book’. Recently named as …
Business
Sky News
‘Unreasonable and unacceptable’: Furious airline refuses to cut flights from Heathrow
Emirates airline has rejected an order from Heathrow that it must cancel flights to and from the west London airport to comply with a cap on passenger numbers.The Dubai-based carrier said that on Wednesday it had been given 36 hours to comply with Heathrow’s order, as the airport attempts to ensure it can operate without …
Business
Business Live
Housing market remains ‘robust’ says Barratt boss despite slowdown in economy
The British housing market remains ‘robust’ despite fears over the slowing economy, according to the boss of the country’s biggest housebuilder. Barratt chief executive David Thomas said he expects new home completions to grow at a rate of 3 to 5 per cent in the medium term, despite uncertainty over inflation, rising interest rates, consumer …
Business
Evening Standard
Celsius Network files for bankruptcy amid continued crypto woes
Crypto lender Celsius Network has filed for bankruptcy as it becomes the latest victim of the Bitcoin price crash.The New Jersey-based business said the move was part of a financial restructuring that would “stabilize the business.”Celsius is the third major crypto firm to enter bankruptcy in three weeks following the collapse of hedge fund Three …
Business
Sky News
Upper Crust owner boosted by airport disruption but rues rail strike hit
The owner of the Upper Crust sandwich chain and Ritazza coffee shops has revealed a boost to its revenue from chaos facing passengers at airports globally but admitted sales damage from UK rail strikes.SSP, which also has the Cabin and Camden Food co-brands in its stable of offerings, told investors it expected annual sales and …
Business
Evening Standard
Brits tighten their belts as inflation erodes household budgets
Brits are cutting back their spending as soaring inflation takes its toll on household budgets.Almost half of consumers are buying less clothing and shoes, while over two fifths are buying less electronics, according to a survey by accountancy firm EY.Over a third (37%) of low and middle-income consumers are now only buying essential items, the …
Business
Sky News
Housing market cooling off but rents likely to keep rising, surveyors say
Surveyors say they are seeing evidence that the housing market is starting to cool.In its monthly survey, the Royal Institution of Chartered Surveyors (RICS) found that 27% of professionals reported a fall in interest from potential house buyers. It was the third consecutive month that interest from new buyers slipped.Despite this, 65% of professionals said …
Business
Evening Standard
US inflation hits 40-year high
US inflation data soared past analyst expectations to hit 9.1% in June according to figures released by the US department of Labor Statistics.Gasoline, shelter and food were among the largest contributers to the rise, which marked the highest annual gain since November 1981, and the highest monthly gain since 2005.Nasdaq 100 futures dropped 2.3% on …
Business
Sky News
New rail strike planned for later this month amid row over ‘paltry’ pay offer
Workers at rail operators and Network Rail will strike for 24 hours on 27 July in a dispute over pay, the RMT union has announced.The news comes after the union rejected a pay offer from Network Rail, which it described as “paltry”, and after three rail strikes last month which crippled services across the country. …

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