Latest Stories All Stories

Business
Business Live
Royal Hotel sold after owner sought offers of more than £1.5m
A 36-bedroom hotel, bar and function venue in Crewe has been sold off a guide asking price of offers in excess of £1.5m. The Royal Hotel in Nantwich Road occupies a three-storey end of terrace Victorian property. The building is classed as locally listed and heritage asset for the town. READ MORE: Boss of The …
Business
Evening Standard
Rishi wants business to step up — business wants him to do the same
Here is Rishi Sunak last night talking to the CBI: “Change doesn’t happen behind a desk in Whitehall. Not even the chancellor’s desk. It comes from all of you.”He wants the “wealth creators, the entrepreneurs” to step up and make the world a better place.Let’s leave aside how many CBI members are genuine wealth creators …
Business
Business Live
New chair of Industry Wales confirmed
Industry Wales, which supports tech and manufacturing firms to expand, has a new chair. The appointment of Professor Keith Ridgway, who had been acting in an interim chair role at the Welsh Government’s at arm’s length body since September 2020, has been confirmed by Economy Minister Vaughan Gething. Industry Wales will support thye Welsh Government’s …
Business
Business Live
Winners unveiled at first Wales Food and Drink Awards
The winners of the first Wales Food and Drink Awards have been announced. Welsh food and drink producers of all sizes were celebrated for their innovation and creativity at the inaugural business awards held at the Mercure Hotel in Cardiff. Businesses were shortlisted in a range of categories reflecting the diversity of the key sector …
Business
Business Live
Covid port star celebrates MBE at Buckingham Palace with wife and boss
A port operations director from Grimsby has celebrated his MBE award for outstanding service during the pandemic at Buckingham Palace. Steve Williams had his selfless actions at the onset of Covid-19 honoured at a royal garden party hosted by The Duchess of Cornwall. Working on the UK’s major fresh produce terminal in Portsmouth, he made …
Business
Evening Standard
Royal Mail shares crash as City fears a big fight with unions over pay
ROYAL MAIL today ramped up its cost cutting plans and said prices would have to rise, potentially setting itself on a collision course with already fractious staff and with the City.Critics say its performance during lockdown was “a mirage” and that management won’t be able to reinvent the business before rivals sweep it away.The shares …
Business
Sky News
Buyout firms join forces in £1.6bn race for staycations giant Parkdean
A pair of buyout firms have joined forces in the £1.6bn race to buy Parkdean Resorts, Britain’s biggest operator of holiday parks.Sky News understands that PAI Partners and real estate funds managed by TPG are working on a joint offer for Parkdean, which has been among the beneficiaries of Britain’s staycations boom. It was unclear …
Business
Sky News
Royal Mail signals price hikes ahead as it cuts costs to cope with soaring inflation
Royal Mail has signalled it will raise prices as it takes more aggressive action on costs in the face of soaring inflation.The company warned that it sees “significant headwinds” from rising costs including wages, energy and fuel and it would look to mitigate these “through price increases and growth initiatives”. Royal Mail revealed that it …
Business
Sky News
EasyJet ‘reducing cancellations’ as airline eyes summer capacity recovery
EasyJet has reported progress in reducing cancellations due to staff shortages and says it hopes to carry almost as many passengers over the summer as it did in the same period in 2019.The low-cost carrier revealed, alongside its half-year results, that it had moved more than 1.5 million seats to its best performing markets to …
Business
Sky News
Rout for US stocks becomes a global sell-off as inflation-led recession fears grow
The worst losses for US stock markets since June 2020 have prompted a wider panic over the prospects for an inflation-fuelled recession.The Dow Jones Industrial Average fell by 3.6% and the broader S&P 500 by 4% on Wednesday after a series of retailers posted disappointing financial results with evident damage from the pace of inflation. …
Business
Sky News
Sunak says govt’s response to cost of living pressures will ‘evolve’ – but no immediate measures announced
Rishi Sunak has said the government’s response to the cost of living crisis will “evolve” as the situation does – but failed to outline any immediate action.Addressing the Confederation of British Industry (CBI) in London, the chancellor admitted once more that the “next few months will be tough” and that ministers “stand ready to do …
Business
Sky News
Daisy snaps up customers from collapsed data operator Sungard
The entrepreneur who has grown Daisy Group into one of the UK’s biggest communications services providers has swooped to acquire part of Sungard UK, the collapsed data management operator. Sky News understands that Daisy founder and chairman Matthew Riley sealed a deal to transfer key Sungard clients, including major banks and other financial institutions, to …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources