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Evening Standard
Boris broadband promise will be missed — it is still a significant achievement
Sometimes, you can see the point of Boris Johnson.A Tory pre-election promise was to get “gigabit-capable” broadband – dead fast internet – to every home and company in the UK by 2025.Being Boris, he hadn’t done the maths on whether this was likely or even feasible. He may not even have known that for this …
Business
Euro News
Bitcoin crashes below $27,000 level amid crypto meltdown and Terra losses
Business
Sky News
Mixed messages on windfall tax for oil and gas firms, as cost of living wreaks havoc on economy
There are mixed messages coming from the government about the possibility of a windfall tax on oil and gas firms, as the cost of living crisis continues to ravage the economy.Speaking earlier on Thursday morning, Chancellor Rishi Sunak said that, while he was “not naturally attracted” to the idea, “no option is off the table”. …
Business
Sky News
Disney’s financial results below expectations but streaming provides a shining light
Walt Disney Co has reported financial results below expectations for its second quarter, hurt by the more than $1bn it paid in early termination fees for TV shows and films it wanted to use on its streaming service.The company said adjusted earnings per share were $1.08 – below analyst forecasts of $1.19, according to IBES …
Business
Sky News
‘Anxious times’ warns Sunak as UK economy shrinks in March
The UK economy contracted by 0.1% in March, as surging inflation took a toll on demand to offset the boost that had been expected from the end of COVID restrictions.The monthly figure compares to no growth in February and 0.7% growth in January, while the quarterly figure (between January and March) showed a growth of …
Business
Sky News
World’s biggest contract catering company Compass sees ‘significant new opportunities’ ahead
Few big companies suffered the impact of the pandemic as severely as Compass Group.Before COVID-19 struck, the world’s biggest contract catering company was serving 5.5 billion meals a year around the world, not just for big business clients like Nike, Shell, Google and Coca-Cola, but also for big government bodies such as the US Pentagon, …
Business
Sky News
US inflation slows in April after seven months of gains
US inflation slowed in April after seven months of steady gains, according to new Labor Department figures.Consumer prices were up 8.3% last month compared to 12 months earlier – below the 8.5% year-on-year surge seen in March, which was the highest rate since 1981. Advertisement
Business
Business Live
Cazoo car showroom building in Cardiff sold in a multi-million-pound deal
The freehold interest in the Cardiff showroom of car retailer Cazoo has been sold in a multi-million-pound deal. Acting on behalf of MVJ Capital property advisory firms Savills has sold the building to LXi REIT for £4.1m. Cazoo Properties entered into a new 20 year lease last September on the purpose purpose-built car dealership property. …
Business
Business Live
Look inside home of AIG, Interactive Investor and Evans Cycles after £2m refurbishment completes
A £2m refurbishment project at 201 Deansgate in the Spinningfields district of Manchester city centre has been completed. The five-storey office building is owned by Aviva Investors and its occupiers include Exchange Chambers, AIG, Interactive Investor and Evans Cycles. The project was completed alongside SpaceInvader and EOS and has seen the creation of a modern …
Business
Sky News
Energy giant to install 50,000 more electric vehicle charge points in UK by 2030
Energy giant Shell has promised to install 50,000 electric vehicle (EV) charge points across the United Kingdom by 2030, in addition to the same amount announced last year.The UK currently has around 31,000 public charging points. But it will need ten times that figure in the next ten years to support the UK’s switch to …
Business
Sky News
Energy giant to shell out on 50,000 electric vehicle charge points across UK
Energy giant Shell has promised to install 50,000 electric vehicle (EV) charge points across the United Kingdom by 2030, in addition to the same amount announced last year.The UK currently has around 31,000 public charging points. But it will need ten times that figure in the next ten years to support the UK’s switch to …
Business
Business Live
Work begins on new Wolds office for Duncan & Toplis and Wilkin Chapman
Building work has begun on a new office development for two professional service firms in Louth. The 10,000 sq ft addition to Fairfield Industrial Estate will be shared by East Midlands accounting and advisory business Duncan & Toplis and Grimsby headquartered Wilkin Chapman Solicitors. Representatives from both companies joined design and build partner Stirlin Developments …

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