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Evening Standard
Third of homeowners gained £50k in property value during pandemic
A third of homeowners have made more than £50,000 on their property during the duration of the coronavirus pandemic, according to online property platform Zoopla.The value of UK homes combined has also passed the £10 trillion mark for the first time, based on the value of Britain’s 29.5 million homes adding nearly a 15% increase …
Business
Sky News
NHS staff get 4.5% pay rise, teachers 5% and police £1,900 – but unions say it is ‘kick in the teeth’
NHS staff will get at least a 4.5% pay rise, teachers at least 5% and police officers will receive £1,900 after a public sector pay review – but unions said it was not enough.All police ranks will get the same amount of extra pay from 1 September, with those on the lowest pay getting an …
Business
Sky News
Sharper rate hike is ‘not locked in’ as economy slows, Bank of England governor to say
The governor of the Bank of England is to warn that the prospect of a sharper increase in Bank rate next month is “not locked in” amid growing evidence of an easing in economic growth and in some inflationary pressures.Andrew Bailey was expected to tell the City of London’s annual Mansion House dinner that while …
Business
Sky News
How much more does a pint cost in London? How inflation is affecting different parts of the UK
Across the country in June, inflation is at its highest rate in 40 years, but Sky News analysis of the latest ONS figures shows that shoppers in London are facing price rises that double those seen in Yorkshire.As well as London, prices in Wales and Northern Ireland have risen by more than 10% compared with …
Business
Sky News
Postal workers vote by 97.6% to strike over pay and jobs row
Late-summer strikes by 115,000 Royal Mail workers have moved a step closer after an overwhelming vote in favour of walkouts, threatening massive disruption to postal deliveries across the country.The Communication Workers Union (CWU) said 97.6% of members who voted backed strikes in a 77% turnout, threatening the biggest strike action in the so-called summer of …
Business
Sky News
Inflation at 40-year high of 9.4% as cost of living crisis mounts
The rate of inflation has hit a fresh 40-year high, placing further strain on household budgets as the cost of living crisis mounts.British consumer price inflation reached an annual rate of 9.4% in June, up from May’s reading of 9.1%, the Office for National Statistics (ONS) said. It means Britain had the highest rate of …
Business
Sky News
Public sector pay rises – who decides and how?
Public sector workers including nurses, teachers and doctors have all had pay rises announced.They have received increases of between 4.5% and 9.3% but unions say most of the pay rises are not enough as they are less than half the current level of RPI inflation. As those in the public sector receive taxpayers’ money, the …
Business
Sky News
Heathrow faces strike this week after refuellers reject pay offer – as union warns of flight delays
Heathrow is facing a strike by refuellers this week after they rejected a revised pay offer, the Unite union has said.Unite warned that the three-day industrial action by staff at refuelling firm AFS, which starts on Thursday, would cause delays for hundreds of flights at Britain’s busiest airport. AFS (Aviation Fuel Services) provides fuelling services …
Business
Business Live
Swindon printing company devastated by fire and flood reopens
A Swindon printing company that was forced to close after the business was destroyed by flood and fire has reopened for business. Minuteman Press, in Old Town, shut its Newport Street premises in 2021 when a flood – and then a fire – ruined the entire contents of its ground-floor offices. The company has since …
Business
Evening Standard
Darktrace shares jump after profits upgrade
Darktrace shares soared 8% this morning after the cybersecurity firm increased its profits forecast for the year.The Cambridge-based business expected sales growth of 48% in the year to 30 June 2022, while profit margins were set to exceed the top end of forecasts to reach 19.5%, as businesses ramped up their cyber protections amid mounting …
Business
Business Live
Hundreds of Liverpool dockworkers to vote on strike action in pay dispute
Hundreds of dockworkers in Liverpool are to vote on whether to strike in a dispute over pay and conditions. Unite said more than 500 of its members employed at MDHC Container Services, which is part of Peel Ports, are to be balloted from Monday, July 25, to Monday, August 15. If the employees back the …
Business
Sky News
UK aviation industry aiming to achieve net zero emissions by 2040
The UK’s domestic aviation industry is aiming to achieve net zero emissions by 2040 under a green strategy unveiled by the government. All airports in England will achieve net zero emissions by the same year under the plans detailed in the “Jet Zero Strategy”. New targets have been set to reduce aviation’s carbon emissions and …

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