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14.06.2022 - 09:12
Business
Sky News
The ranks of the ‘economically inactive’ are needed if worker shortage is to ease
Unpicking the messages from labour market data is a full-time job in itself, but the latest release from the Office for National Statistics (ONS) is unlikely to make anyone skip into work this morning.Unemployment remains close to a 50-year low of 3.8%. Expect to hear this mentioned frequently by ministers – a vindication of the …
14.06.2022 - 09:08
Business
Sky News
Informa scores unwanted hat-trick as investors exhibit huge pay protest
Informa, the FTSE-100 exhibitions organiser, is braced for another huge pay protest against its board this week.Sky News understands that a large proportion of shareholders intend to oppose Informa’s remuneration report at its annual meeting on Thursday. The revolt will make it the third year in a row that the company has seen shareholders revolt …
14.06.2022 - 09:04
Business
Business Live
Law firm Osborne Clarke reports 19% international revenue increase
Law firm Osborne Clarke has recorded a 19% increase in global revenues in the last financial year and is set to move to a new base in Bristol. The Bristol-founded company, which employs around 1,600 staff in 26 offices worldwide, recorded revenues of €407m (£349.8m) for 2021/22 – representing a 66% increase over five years. …
14.06.2022 - 09:02
Business
Business Live
Games Workshop shares £10m of profits with staff
Workers at Games Workshop have shared an extra £10 million of profits over the past 12 months. The fantasy games business, which is based in Lenton, Nottingham, said it had rewarded staff for their hard work as it announced sales up £32 million for the past 12 months to £385 million. A year before staff …
14.06.2022 - 08:42
Business
Sky News
Whitby residents vote in favour of ending second home ownership in seaside town
Residents in Whitby have voted in favour of new measures to reduce the number of homes being used for holiday accommodation.Large queues snaked outside polling stations as locals voted to end second home ownership in an unusual referendum on Monday, with a total of 2,228 people casting their vote. A significant 2,111 voted in favour …
14.06.2022 - 08:08
Business
Evening Standard
London ranked second best startup hub in the world for tech
London has been ranked the second best tech startup hub in the world behind Silicon Valley and the top hub globally for fintech according to new research.The capital’s startup ecosystem had a value of $314 billion, more than treble that of Berlin’s $94 billion and Paris’ $89 billion, according to the 2022 Global Startup Ecosystem …
14.06.2022 - 04:57
Business
Sky News
Inflation takes record bite from regular pay while jobless rate rises unexpectedly
The latest employment figures show inflation taking a record bite out of regular pay and an unexpected jump in the jobless rate at a time when people are seeking to better shield themselves from the cost of living crisis.The Office for National Statistics (ONS) reported that real wages – a measure of regular wage growth …
13.06.2022 - 17:14
Business
Evening Standard
Thameslink and London bus group Go-Ahead faces two takeover bids
THE company that runs London’s red buses is facing two takeover bids, the latest corporate activity in a closely watched sector.Go Ahead, which is the biggest operator of buses in the UK and also the firm behind Thameslink, Southern and Gatwick Express rail services saw its shares jump 13% today.In response, it issued a statement …
13.06.2022 - 13:19
Business
Sky News
Ministers insist plans to override NI Protocol part of post-Brexit deal do not breach international law
Legislation which will override the Northern Ireland Protocol section of the post-Brexit deal that the UK agreed with the EU does not breach international law, the government has insisted.But the controversial bill, which has just been published, has been heavily criticised by senior EU figures. The bill to amend the protocol unilaterally will allow changes …
13.06.2022 - 13:00
Business
Sky News
Bitcoin plummets to lowest level since December 2020 as crypto lender Celsius ‘pauses’ withdrawals
Bitcoin has plummeted by more than 10%, dropping below $25,000 for the first time since December 2020.Celsius Network, a major US cryptocurrency lending company, froze withdrawals and transfers, citing “extreme” conditions. The move fuelled a slump across cryptocurrencies, with their value falling below $1trn for the first time since January last year.Bitcoin slid to $23,476 …
13.06.2022 - 12:20
Business
Evening Standard
Designated Survivor star Kiefer Sutherland to front new campaign for Plus500
KIEFER Sutherland is to front a multi-million pound pound billboard and TV campaign for Plus500, as the City trading platform seeks to expand across Europe.The Hollywood star behind The Fugitive, 24, and Designated Survivor will appear on billboards across London as Plus500 targets “financially sophisticated” potential customers.That’s a vote of confidence in the market from …
13.06.2022 - 11:47
Business
Euro News
Steven Bartlett and other business heavyweights advise how startups can grow and scale-up
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