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21.05.2022 - 06:45
Business
Sky News
Trump’s commerce secretary plots £700m merger with UK’s Atom Bank
A senior figure in Donald Trump’s Cabinet is plotting a £700m deal that would see one of Britain’s biggest digital-only banks being listed on the US stock market.Sky News has learnt that a special purpose acquisition company (SPAC) set up by Wilbur Ross, who was President Trump’s commerce secretary between 2017 and 2021, is in …
21.05.2022 - 03:53
Business
Sky News
Why the price of salt, tomatoes and even haircuts is hit by energy price rises
This is the story of the economic shockwave currently running through this country – along supply chains, into the prices of the materials and services we use every day. It is the story of how an energy crisis very quickly turns into an everything price rise. Salt It’s hard to know where to begin, so …
21.05.2022 - 03:00
Business
Business Live
The agency used by American Golf, Fosters and Halfords aiming for fame with US expansion plans
A CEO has revealed plans for his digital marketing agency to become “famous for doing amazing work” and to expand over to the USA in the coming years. Jon Butler heads up Manchester-headquartered TrunkBBI following the recent merger of the two businesses. Mr Butler is also aiming to grow the firm’s turnover to more than …
20.05.2022 - 16:26
Business
Business Live
Durham IT firm launches cyber security academy creating jobs over next five years
Budding cyber security professionals are being offered the opportunity to learn from established experts at a growing North East IT firm. NETPark-based Tekgem is launching a cyber security apprenticeship academy, pairing trainees with experienced engineers who will guide them through a three-year course featuring a mix of hands-on experience and theory. The programme, developed in …
20.05.2022 - 16:11
Business
Sky News
Smartwear companies fire starting gun on the race for our faces
Following the commercial success of Facebook’s Oculus virtual reality headset, companies are now in a race to develop the first consumer market-aimed augmented reality (AR) glasses.AR has been commonplace in consumer tech for some time, particularly popular in Instagram and Snapchat filters on smartphones. However, some companies are now aiming toward the sci-fi vision of …
20.05.2022 - 15:32
Business
Business Live
Government talks up benefits for North East as Mexico trade negotiations kick off
The Government says there will be new opportunities for North East companies from talks starting on a new free trade agreement (FTA) with Mexico. As Mexican Secretary of Economy, Tatiana Clouthier was in the UK to meet with International Trade Secretary and Berwick MP Anne-Marie Trevelyan, the Department for Trade said a new deal with …
20.05.2022 - 15:31
Business
Business Live
Joanna Swash of Moneypenny and former Admiral CEO among winners crowned at IoD Wales awards
IoD Wales has named its Director of the Year award winners. Announced during a ceremony at ICC Wales in Newport, the winners came from many organisations and sectors across the country. Joanna Swash, group CEO of Moneypenny, and chief executive of GS Verde Group, Nigel Greenaway, were among the winners. Former Admiral CEO, David Stevens, …
20.05.2022 - 14:39
Business
Business Live
Flying taxis and electric heaters: the Northern Ireland entrepreneurs making the rich list
Flying taxis, animal pharmaceuticals and electric heaters are just some of the sectors which have helped some of Northern Ireland’s richest people make The Sunday Times Rich List. Leading the pack is Belfast-born founder of OVO energy Stephen Fitzpatrick who has become a billionaire with an estimate fortune of £1.34 billion, a jump of £665 …
20.05.2022 - 13:25
Business
Sky News
Barclays veteran Vaswani to leave after decade at UK lender
One of Barclays’ most senior executives is leaving after more than a decade, the latest in a series of departures reshaping the British-based bank.Sky News understands that Ashok Vaswani, Barclays’ chief digital strategy officer, is stepping down just months after taking on the role. Mr Vaswani has for much of the last 12 years been …
20.05.2022 - 12:38
Business
Evening Standard
‘We’re on the road to trump Haribo’: Made In Chelsea star Jamie Laing on tasting sweet success with Candy Kittens
If you’re thinking of starting up a business in a sector you know nothing about, intending to fake it till you make it, Jamie Laing, the Made in Chelsea TV star-turned-sweets entrepreneur, reckons you’re doing exactly the right thing.“A lot of young entrepreneurs don’t realise that naivety is your biggest weapon,” the 33-year-old founder of …
20.05.2022 - 12:32
Business
Sky News
Grocery prices up by ‘more than 20%’ in advance of food inflation caused by Ukraine war
Hundreds of staple grocery items had shot up in price by more than a fifth over the two years prior to the surge in food inflation caused by Russia’s war in Ukraine, according to an investigation.As households get to grips with a growing cost of living crisis, the consumer group Which? said that shoppers were …
20.05.2022 - 11:05
Business
Sky News
Former BoE governor attacks central banks, as retail sales rise, but confidence plummets
On the Ian King Business podcast: retail sales rise but consumer confidence plummets – hear from the former Bank of England governor Mervyn King who blames central banks for fuelling inflation; analysis of cryptocurrency markets following a stablecoin collapse; and former Rugby World Cup winner Will Greenwood talks about celebrating young sporting talent.:: Listen and …
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