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21.07.2022 - 09:33
Business
Business Live
Insurance industry veteran Joe Henderson toasts flying start for new Attis operation as headcount hits 100
The new insurance company launched by industry veteran Joe Henderson MBE has surpassed all early expectations according to its proud chairman. Attis was launched in 2020 by the northern Lincolnshire professional services stalwart, almost three years after he sold his eponymous Henderson Insurance Broking Group to global giant Aon for £90 million. He backed a …
21.07.2022 - 09:29
Business
Business Live
Tees Valley Lithium secures supply agreement with global raw materials firm Traxys
The company with plans to launch the UK’s first lithium hydroxide plant at Teesside Freeport has moved closer to signing a key supply deal with raw materials trader Traxys. Tees Valley Lithium (TVL), which is owned by Alkemy Capital Investments, revealed the news to shareholders saying the feedstock memorandum of understanding would see Traxys supply …
21.07.2022 - 09:21
Business
Business Live
Devon’s tungsten mine still on for 2023 restart under revised plans
Production at a Tungsten mine in Devon could still restart in 2023 despite energy, fuel and construction costs “multiplying” in recent months, according to the firm behind it. Aim-listed Tungsten West said global crises in power and diesel prices and inflated construction materials costs had prompted it to re-evaluate its development plans for the Hemerdon …
21.07.2022 - 09:13
Business
Business Live
Digital healthcare project from Swansea tech firm could “change Wales’ health and social care sector”
A tech firm has teamed up with Swansea University on a digital healthcare project which, if successful, could change Wales’ health and social care sector. CPR Global Tech, based in Lakeside Technology Park, has partnered with the university for an Innovate UK Management Knowledge Transfer Partnership to research how wearable devices could allow NHS and …
21.07.2022 - 07:02
Business
Sky News
Frasers Group reports bumper profit despite ‘significant increase’ in running costs
Sports Direct’s parent firm, Frasers Group, has reported a bumper profit for the past year despite a “significant increase” in running costs.The Mike Ashley-founded business, which also runs House of Fraser and Game stores, saw adjusted pre-tax profits jump to £344.8m for the year to April, compared with a £39.9m loss in the previous year. …
21.07.2022 - 06:04
Business
Sky News
Russian pipeline resumes pumping gas to Europe after 10-day shutdown
Moscow has allowed gas to flow through the biggest pipeline between Russia and Germany after it was cut off for 10 days – as the UK warned Vladimir Putin’s forces were closing in on Ukraine’s second biggest power plant.The Nord Stream 1 gas pipeline has restarted after concerns Moscow would use its vast energy exports …
21.07.2022 - 05:34
Business
Sky News
UK debt interest reaches record high as inflation soars
Government borrowing was £22.9bn last month, the second-highest June borrowing since monthly records began in 1993.The Office for National Statistics said that borrowing was £4.1bn more in June than the same month a year ago. Interest payable increased by £10.3bn compared to this time last year, reaching a total of £19.4bn in June alone. Image: …
20.07.2022 - 15:39
Business
Sky News
Heathrow strike by fuel workers suspended ahead of summer holiday rush
The start of the big summer holiday getaway at Heathrow Airport is no longer facing the imminent threat of disruption from a strike by staff at a plane refuelling company.The Unite union had said its members at Aviation Fuel Services (AFS) would walk out from 5am on Thursday until the same time on Sunday in …
20.07.2022 - 12:33
Business
Sky News
McLaren gets £100m+ capital injection in drive towards new road-cars
McLaren Group is close to securing a new funding injection worth more than £100m as it races to bring its latest supercar models into full production.Sky News has learnt that the British automotive manufacturer is on the brink of finalising a new equity-raise that would give it access to at least £80m of additional capital …
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, …
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