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North Wales hospital ward revamp completed by Bodelwyddan construction firm
A Bodelwyddan-based construction company has finished a full-scale ward refurbishment inside a major North Wales hospital to meet improved post-pandemic care standards. Wynne Construction’s work at Ysbyty Glan Clwyd has seen the space, which has been used to help meet increased pressures on the hospital over the past two years of the pandemic, transformed into …
Business
Business Live
Interest rates might have to rise further to tackle soaring inflation says Bank of England chief economist
The Bank of England’s chief economist, Huw Pill, has suggested that interest rate rises could have further to run in the fight against soaring inflation. Speaking at an ACCA breakfast event in Cardiff, Mr Pill said with inflation now running at 9%, and forecast to soon hit double-digits, as a rate setting member of the …
Business
Business Live
Vertical Aerospace boss Stephen Fitzpatrick becomes billionaire
British businessman Stephen Fitzpatrick has been named one of the richest people in Britain in 2022 after his Bristol-based ‘flying taxi’ company helped boost his personal wealth last year. The entrepreneur, who is also the founder of Bristol energy firm Ovo, became a billionaire following the float of Vertical Aerospace on the New York Stock …
Business
Business Live
ADVERTORIAL: Newent Community School asks companies to come and inspire its students
A Gloucestershire school is looking for local businesses to come and inspire its students. Newent Community School and Sixth Form Centre is a vibrant mixed comprehensive serving Newent and its surrounding villages, as well as Gloucester City, the Forest of Dean and Herefordshire. The school’s business manager, Ann Price explained: “We are constantly on the …
Business
Business Live
Bristol deputy mayor says inflation ‘real risk’ to green business goals
Bristol’s deputy mayor has said there is a “real risk” increased economic strains could mean businesses make pivoting to greener operations less of a priority. Cllr Craig Cheney revealed only about 100 firms out of 18,000 operating in the city had signed up to a Bristol City Council climate change initiative launched in October. The …
Business
Sky News
Advisers to London-listed gold miner Petropavlovsk quit as Russian sanctions bite
A restructuring firm drafted in just a month ago to advise the London-listed gold miner Petropavlovsk has resigned from the role as the expanding scope of Russia-related sanctions hits parts of the City’s professional services sector.Sky News has learnt that AlixPartners, which is based in the US, stepped back from its role with the gold …
Business
Evening Standard
Murria bid for M&C gazumped by Next Fifteen
M&C Saatchi today landed a £310 million takeover bid from rival Next Fifteen today, escaping an unwelcome rival offer from its own deputy chairman.Vin Murria, the largest shareholder, has been pursuing the ad firm for months.But it has been clear from the start that the rest of the board including CEO Moray MacLennan did not …
Business
Evening Standard
Nationwide profits rocket as it tells struggling members “talk to us”
NATIONWIDE Building Society today recorded its best results since it was founded in 1884 and insists it is in a strong position to help members struggling with the cost of living.A booming property market helped profits for the year more than double to £1.6 billion. Outgoing CEO Joe Garner puts that leap partly down to …
Business
Sky News
Britons must brace for ‘very unpleasant period’, former Bank of England governor warns
Britons must brace themselves for a “very unpleasant period”, with “considerable” interest rate hikes now needed to prevent a re-run of the 1970s, former Bank of England governor Mervyn King has warned.Lord King launched a coruscating attack on central banks including the Bank of England itself, saying they shared responsibility for the cost of living …
Business
Sky News
Find out who joins the Sunaks on the Sunday Times Rich List 2022
The UK now has a record number of billionaires with 177, according to the new Sunday Times Rich List. That’s up six from 2021 – and the combined wealth of the UK’s billionaires stands at £653bn, up more than £55bn (9.4%) on the total wealth of the billionaires in last year’s Rich List. The London-based …
Business
Sky News
Drowning our sorrows? Alcohol leads retail sales recovery as consumer confidence hits record low
Retail sales staged a surprise recovery in April aided by strong alcohol sales, according to official figures, as a closely-watched measure of consumer confidence slumps to its lowest level since records began nearly 50 years ago.Market research firm GfK said its consumer confidence gauge sunk to a score of -40 in May, down from -38 …
Business
Sky News
Pubs, grub and music
Sky’s Ian King speaks to the boss of Young’s – which owns more than 200 pubs and hotels – about the company’s post-COVID recovery.He looks into the meat-free food industry as California-based Impossible Foods launches in the UK.And the boss of Hipgnosis Songs talks to Ian about an increasing number of older music artists selling …

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