Latest Stories All Stories

Business
Sky News
Fuel prices reach new record highs – with petrol at 171.1p a litre and diesel at 181.6p
Average petrol prices have reached a new record high of 171.1p a litre, new figures show.The average price for diesel reached 181.6p a litre on Thursday, according to data firm Experian Catalist – another record. Filling up a typical 55-litre fuel tank with diesel now costs about £100.RAC fuel spokesperson Simon Williams said: “While the …
Business
Sky News
Cost of living crisis, legal trouble for Elon Musk, and Chelsea Flower Show
Sky’s Ian King unpacks the chancellor’s multi-billion-pound support package to help households with the cost of living. He’ll also speak to the new headline sponsor of this year’s Chelsea Flower Show. Meanwhile, Elon Musk is being sued by investors in Twitter.:: Listen and subscribe to The Ian King Business Podcast here. Advertisement
Business
Business Live
Missguided on the brink of collapse a month after cutting jobs and Nitin Passi quit as CEO with suppliers owed millions
Online fashion giant Missguided is on the brink of collapse a month after cutting 63 jobs and its founder stepping down as chief executive. The Manchester-headquartered company appointed Teneo “to explore strategic options for the business” in April but has now been issued a winding-up petition by suppliers owed millions. The company is now understood …
Business
Evening Standard
City fears Sunak energy deal may force Bank of England’s hand on rates
THE BANK of England may be forced to shove up interest rates even quicker than it was planning following Rishi Sunak’s dramatic intervention in energy markets, the City warned today.That in turn will increase borrowing costs and reduce consumer spending power, increasing the risk of a recession.The Bank, widely criticised for moving too slowly to …
Business
Business Live
Freedom and passion are the two main drivers for entrepreneurship
Earlier this week I chaired the final judging panels for the 2022 National Startup of the Year Awards. Comprising of over 100 entrepreneurs and business supporters who had given their time to support the recognition of the best new businesses in the UK, it was a difficult process given the quality of so many of …
Business
Business Live
Northern Ireland financial services firm FinTru tackles inflation with 5% standalone salary hike
A Northern Ireland financial services company is to hike the salaries of its employees by at least 5% in what it says is a direct response to the rising cost of living. FinTru, which employees more than 1,000 people around the world from its Belfast headquarters, said staff will receive an additional £2,000, €2,000 or …
Business
Evening Standard
The cheque book Chancellor who can’t say no
RISHI Sunak was bragging yesterday that his energy support package was “more generous” than anything Labour had proposed.The City would be fine with that as long as it was just politics, as long as in the private meetings where the real talk happens, there was at least a nod and a wink to show that …
Business
Business Live
Why East Midlands entrepreneurs are holding back on launching new businesses
Inflation and the struggling economy are slowing the rate of new start-ups across the East Midlands. The Midlands branch of insolvency and restructuring trade body R3 said there were almost 2,200 start-ups in the East Midlands in April – 18 per cent down on March and 3 per cent down on February. It said data …
Business
Business Live
‘Like dolphins caught in fishing nets’ warns Welsh tourism group furious over new self catering rules
The Wales Tourism Alliance (WTA), which represents over 6,000 Welsh tourism businesses, has reacted with “incredulity” to the Welsh Government’s announcement on changes to self-catering rules. As part of its commitment to tackling the issue of too many second homes in some Welsh communities, Welsh Government is raising the number of days a property is …
Business
Euro News
Twitter investors sue Elon Musk and Twitter for stock ‘manipulation’ during chaotic takeover bid
Business
Sky News
Elon Musk sued by Twitter investors over takeover offer
Twitter shareholders are suing Elon Musk, accusing him of acting illegally in the way he has handled his takeover bid. They claim the billionaire has tried to bring down the platform’s stock value because he wants to walk away from the deal or negotiate a much lower price. Last month Musk offered to buy the …
Business
Sky News
Sunak says inflation impact of cost of living help ‘minimal’ as he tells wealthy: let’s give our £400 rebate to charity
Rishi Sunak has said cost of living support delivering hundreds of pounds to every household will have a “minimal impact” on inflation – and suggested those who do not need it could give the money to charity.The chancellor told Sky News that the announcement of new measures worth £15bn to ease the burden on squeezed …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources