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Euro News
Wireless EV charging, biopods and carbon capture: Green Tech start-ups tackling the climate crisis
Business
Sky News
Ben & Jerry’s gives UK parent firm the cold shoulder in Israel sale spat
Ben & Jerry’s has lashed out at its UK parent firm after it sold its ice cream business in Israel in a bid to avert a diplomatic row over the US brand’s decision to exit Israeli-occupied Palestinian territories.Unilever revealed on Wednesday that it had sold off Ben & Jerry’s to its Israel licensee for an …
Business
Business Live
Welsh business confidence remains stable despite slump in June
Confidence among businesses in Wales remains stable despite a slump in June, a new report has found. According to the latest Business Barometer from Lloyds Bank Commercial Banking, business confidence fell three points in June to 23%, with Welsh firms reporting lower confidence in their own business prospects month-on-month down three points at 28%. This …
Business
Business Live
Wrexham AFC reacquires ownership of its ground the Racecourse
Wrexham AFC has reacquired the freehold interest in its ground the Racecourse. In a deal, the value of which has not been disclosed, the National Conference football club has taken back ownership of the stadium from Glyndwr University. Under ambitious plans the football club, co-owned by Hollywood stars Ryan Reynolds and Rob McElhenney, is looking …
Business
Business Live
Mike Ashley’s Frasers Group buys stake in Australian fashion marketplace MySale
Mike Ashley’s retail empire Frasers has continued its buying spree by snapping up an almost 30% stake in the Australian-based fashion marketplace MySale. Frasers Group said it acquired a 28.7% shareholding in MySale, which connects buyers and sellers across the globe to ecommerce sites in Australia and New Zealand, for an undisclosed sum. Frasers said …
Business
Sky News
Fuel retailers accused of abusing their ‘essential’ status through rip-off prices
A motoring group has accused petrol retailers of abusing their “essential” status as government figures show little let-up in demand despite prices hovering at record levels.The AA said that data from the Department for Business, Energy and Industrial Strategy (BEIS) showing that petrol sales remained at 94% of normal levels demonstrated how vital fuel was …
Business
Evening Standard
City braces for summer jobs cull as new London stock market floats dry up
Bankers are bracing themselves for a summer jobs cull as business dries up and financial firms cut back after over-hiring in a race for talent in the last two years.The market for new stock flotations, buoyant last year, has almost entirely dried up.Fund managers are suffering massive outflows of cash as people pull money out …
Business
Business Live
Cornish Lithium strikes deal with Rodda’s to explore heat energy project at creamery
A mineral exploration company has struck a deal with Rodda’s to look for viable sites on the Cornish clotted cream producer’s land where geothermal lithium and heat could be developed on a commercial basis. Cornish Lithium will be responsible for designing and drilling a small research borehole as well as obtaining the required planning consents …
Business
Business Live
North East business leaders back devolution bid that could create 17,000 new jobs
Three of the North East’s main business organisations have issued a joint statement welcoming plans for a devolution deal for the area. Documents emerged this week that outline plans for a devolution deal to cover Northumberland and Tyne and Wear, with hopes that the deal can bring more than £3bn of government funding over 30 …
Business
Evening Standard
Heinz products pulled from Tesco over pricing row
KraftHeinz the company behind Heinz Baked Beans and Heinz Tomato Ketchup has stopped supplying the UK’s largest supermarket Tesco with some products in a dispute over pricing.The pricing row is understood to have impacted some of the lesser known brands in Heinz’s portfolio including Sticky Barbecue Sauce and Chicken Noodle soup as stocks run low, but could …
Business
Evening Standard
The future for the City — two scenarios
In the longer run the City of London and the people who work in it will thrive – they always do.Brexit doesn’t seem to have done it (m)any favours but perhaps that’s secondary to wider global malaise – war and inflation.In the short term the Square Mile is rocky. There are (at least) two ways …
Business
Sky News
Chancellor sees ‘challenging times ahead’ amid record disposable income squeeze
Chancellor Rishi Sunak has admitted there are “challenging times ahead of us”, hours after official figures charted the longest period for falling disposable income because of soaring inflation.Data from the Office for National Statistics (ONS) covering the first three months of the year revealed that real disposable income had fallen for four quarters in a …

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