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ADVERTORIAL: Allsop expects to raise more than £1 billion at auction for UK property owners this year
Leading UK property auctioneer Allsop is continuing to see investors from across the globe flock to its sales as property owners put their assets under the hammer. Having raised just short of £1 billion in 2021 for real estate owners selling commercial and residential property at auction, the 116-year-old auction house is continuing to see …
Business
Evening Standard
Pret A Manger expands and tops pre-Covid sales
Sandwich chain Pret A Manger saw sales exceed pre-pandemic levels for the first time in May as the business launched an affordable menu range.Revenue in the first six months of 2022 reached £358 million, an increase of 230% on the previous year, while the business returned to profit in March.Pret had posted two consecutive years …
Business
Business Live
Rolls-Royce unveils shortlist of locations for first £200m nuclear reactor factory
Engineering giant Rolls-Royce has revealed its final shortlist for the location of the first factory set to build its small modular reactors – a project set to bring £200m investment and 200 jobs to the winning site. The FTSE 100 firm announced a competition at the start of the year, asking development bodies to bid …
Business
Sky News
Eight arrests as police move in on fuel price protesters bringing parts of motorway to a halt
Eight people have been arrested after protesters used “rolling roadblocks” to bring parts of the M4 to a standstill during demonstrations over high fuel prices.Demonstrations took place on the motorway at the border between England and Wales, and on the M5. Groups of motorists took part in “slow-downs” where they occupied all three lanes and …
Business
Sky News
Motorists arrested for driving too slowly in protests against high fuel prices
Twelve people have been arrested after protesters used “rolling roadblocks” to bring parts of the M4 to a standstill during demonstrations over high fuel prices.Demonstrations took place on the motorway at the border between England and Wales and on the M5. Groups of motorists took part in “slow-downs”, occupying all three lanes and dropping their …
Business
Evening Standard
AO crashes as City frets over cash flow rumours
AO World shares crashed 15% today as the market fretted about the finances of the consumer goods business amid plunging consumer confidence.It is under pressure to reassure investors about its cashflow position following a weekend report that credit insurers are withdrawing support, which could force it to make upfront payment to suppliers.AO, with sells fridges, …
Business
Sky News
‘A devastating picture’: Number of pubs falls to lowest on record
There are 7,000 fewer pubs in England and Wales than there were 10 years ago, research has found. Their total number dropped below 40,000 in the first half of 2022 – the lowest number on record, according to real estate advisers Altus Group. Pubs have suffered setbacks in recent years due to the coronavirus pandemic, …
Business
Euro News
Airbus secures mega-order from four Chinese airlines
Business
Sky News
Triton swoops on utility services group O’Connor in £400m deal
A family-run industrial group is to change hands for £400m, giving a much-needed boost to a deals market slowing down amid growing economic anxiety.Sky News has learnt that Triton Partners is on the verge of an agreement to acquire O’Connor Utilities Group, which is based in Manchester. An industry source said a deal could be …
Business
Business Live
Booking.com boss aiming to ‘solve the most complicated problem in travel’ as firm adds hundreds of jobs
A top UK boss at Booking.com has revealed how the technology giant is attempting to “solve the most complicated problem in travel” and how it’s bouncing back from the pandemic by creating hundreds of jobs. In an exclusive interview with BusinessLive, Matthias Schmid outlined the company’s plans to create the “connective trip” which will form …
Business
Sky News
Security tests for new airport workers being completed in record time, ministers claim, despite travel disruption continuing
Security tests for new airport workers are being completed in record time, ministers claim, despite travel disruption continuing to dog holiday plans.The time taken to vet new employees has been raised as one of the reasons for shortages in airport staff, contributing to thousands of flight cancellations, delays and missing luggage. Airports across the UK …
Business
Sky News
Government considering 50-year mortgages that could pass down generations
Homeowners could soon be taking out 50-year mortgages to then be passed on to their children when they die, under new plans being considered by the government.The Japanese-style lending agreements could see people being able to buy a home with little or no expectation of completing mortgage repayments during their lifetime. Instead the property and …

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