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13.06.2022 - 09:25
Business
Business Live
Go-Ahead Group likely to be sold after two bids from overseas firms
One of the North East’s largest companies looks likely to be sold after receiving two takeover approaches. Transport group Go-Ahead, which has come through a challenging period that saw it receive a £23.5m fine over a breach of a rail franchise around London, has received unsolicited takeover offers from two overseas firms. Kelsian Group, an …
13.06.2022 - 09:13
Business
Business Live
Humber feeling the benefit of offshore wind boom as employment rises 16 per cent
Jobs in offshore wind have surged 16 per cent in a year – with the Humber region topping the charts in England. More than 31,000 people are now employed in the burgeoning UK sector, up from 26,000 last year, according to a report released on Monday by the Offshore Wind Industry Council. It also showed …
13.06.2022 - 08:45
Business
Evening Standard
London tech funding more than double Paris since January
UK tech companies have raised more funding in the first five months of 2022 than in the whole of 2020, putting the UK second to the US globally for startup investment, new figures show.Over 950 UK tech companies raised a combined £12.4 billion since January, figures from the UK Digital Economy Council show, with London’s …
13.06.2022 - 08:18
Business
Sky News
Scammers using cost of living crisis to target people – here are the most common tricks
More than three quarters of adults in the UK say they have been targeted by scammers using the cost of living crisis to trick them into handing over money and personal details, campaigners have revealed.Around 40 million people have been contacted by scammers this year – a 14% increase on last year – trying to …
13.06.2022 - 08:14
Business
Evening Standard
Designated Survivor star Kiefer Sutherland to front new campaign for Plus 500
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 - 08:14
Business
Evening Standard
Designated Survivor star Kiefer Sutherland to front new campaign for Plus 500
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 - 07:48
Business
Sky News
Treasury nets ‘£46 in tax’ from average full tank as fuel prices set more records
There has been no let up in the pace of fuel price increases, with pump costs hitting new record levels over the weekend, according to the latest figures.Data from Experian Catalist showed the average cost of a litre of unleaded hit 185.04p on Sunday while diesel – the engine of the UK economy – rose …
13.06.2022 - 06:50
Business
Sky News
A weak economy has been dragged under by the end of free COVID testing
Here is a tale of two economies.One of these countries is doing pretty badly. Gross domestic product (GDP) – the most comprehensive measure of national income – has fallen by 0.4 percentage points since the start of the year. As a result, it looks perilously close to a technical recession, or at the very least …
13.06.2022 - 06:24
Business
Evening Standard
Business optimism sinks to lowest level in over a year
Business optimism has dropped to its lowest level since March 2021 as firms weigh the prospect of continued inflationary pressure and supply chain disruption in the months ahead.Accountancy firm BDO’s optimism index fell by 4.82 points to 101.93, the second consecutive month of decline, while the services optimism index fell 5.35 points to 100.95.It comes …
13.06.2022 - 04:48
Business
Sky News
Shock contraction of 0.3% for UK economy in April as CBI demands ‘vital actions’ to prevent recession
The UK economy contracted by 0.3% in April, according to official figures released as the CBI, Britain’s biggest employers’ group, demanded “vital actions” from the government to prevent an inflation-driven recession.The Office for National Statistics (ONS) had been expected by economists to confirm a slight rise in gross domestic product (GDP) for the month of …
12.06.2022 - 13:54
Business
Sky News
Landsec’s Hogg hopes to hit right note as Royal Opera House chair
The chair of Landsec, the FTSE-100 commercial property group, is on a shortlist of contenders to take the helm at the Royal Opera House, one of Britain’s most important cultural sector jobs.Sky News has learnt that Cressida Hogg, who is preparing to step down from the Landsec post, is among a small number of candidates …
12.06.2022 - 11:16
Business
Sky News
‘Urgent’ review of petrol station operators ordered amid surging fuel prices
The government has ordered an “urgent” review by the competition regulator into the fuel market after pump prices hit new record highs.Business Secretary Kwasi Kwarteng said in a letter to the Competition and Markets Authority (CMA) that there was “widespread concern” about the pace of price rises and public frustration that a cut in fuel …
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