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13.05.2022 - 10:15
Business
Business Live
Rolls Royce SMR confirms North Wales and Cumbria are top targets for mini-nuclear plants
Rolls Royce SMR says North Wales and Cumbria are its top targets for mini-nuclear plants in the UK. The firm’s CEO Tom Samson joined the Department for Business and Energy Secretary Kwasi Kwarteng MP and Energy Minister Greg Hands MP on a visit to Wylfa yesterday. They discussed the potential for bringing new nuclear to …
13.05.2022 - 10:15
Business
Business Live
Former Clugston HQ bought by high-growth landscaping specialist
North Lincolnshire landscaping products supplier Talasey Group has taken on the former headquarters of collapsed Clugston Construction. The £58 million turnover company has moved into St Vincent House in Scunthorpe, having outgrown its former site at Sandtoft, where it launched in 2004. It aims to make the sprawling site a centre of excellence for the …
13.05.2022 - 10:13
Business
Business Live
Inside St Vincent House as a new chapter opens for former Clugston Group HQ:
13.05.2022 - 10:05
Business
Business Live
IWG to open new flexible workspace as part of major expansion plans
A flexible workspace giant is to open a base in Altrincham later this month as part of its drive to launch 1,000 new locations in 2022. IWG is to open its new Regus site at Two Four Nine, Lynnfield House, Church Street on May 23. The company said that more than 80% of the space …
13.05.2022 - 10:01
Business
Sky News
Fuel duty cut wiped out as diesel price hits new record high
Diesel prices have hit a new record high wiping out the chancellor’s cut in fuel duty, latest figures show.The average cost of a litre of the fuel at the pump reached 178.4p on Monday, according to government data. The previous high of 177.5p was set two days before Rishi Sunak introduced a 5p per litre …
13.05.2022 - 09:48
Business
Sky News
Elon Musk says $44bn Twitter takeover deal ‘temporarily on hold’
Billionaire Elon Musk has said his Twitter deal is “temporarily on hold” over the company’s spam and fake user accounts.Mr Musk, who last week secured $7bn from new investors for his $44bn takeover, tweeted: “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” He …
13.05.2022 - 08:17
Business
Sky News
Kay Burley’s road back to Wigan Pier
It’s been a long time since I returned to Wigan.Situated equidistant between Liverpool and Manchester, the old mining town has stood proudly on the banks of the River Douglas, and later the Leeds Liverpool canal, since at least the seventh century. It’s been my family home since 1960.I went to school there in the ’70s …
13.05.2022 - 08:09
Business
Sky News
Tesco boss nets £4.7m pay packet as shoppers cut back on food due to rising costs
The boss of Tesco picked up a bumper pay deal totalling £4.74m over the last year, the supermarket giant revealed in its annual report.It comes as official figures showed the number of people buying less food has increased over the past month due to surging inflation and the worsening cost of living. The report, published …
13.05.2022 - 06:20
Business
Sky News
Plans to cut 90,000 civil servants ‘perfectly reasonable’, says Rees-Mogg as he shows up with four aides for TV interview
Jacob Rees-Mogg has said that plans to cut more than 90,000 civil service jobs in order to free up billions of pounds for measures to ease the cost of living crisis does not amount to the return of austerity.During an away-day with cabinet ministers in Stoke-on-Trent on Thursday, the prime minister asked cabinet ministers to …
12.05.2022 - 18:12
Business
Euro News
Terra Luna stablecoin collapse: Is this the 2008 financial crash moment of cryptocurrency?
12.05.2022 - 18:12
Business
Euro News
Terra Luna stablecoin collapse explained: Is this the 2008 financial crash moment of cryptocurrency?
12.05.2022 - 13:05
Business
Sky News
Bitcoin hits lowest value for almost two years amid huge crypto sell-off
Cryptocurrency values are taking a further pounding amid a resumption in a wider flight from risk over growing fears of an inflation-driven global recession.A meltdown in the value of a so-called stablecoin, TerraUSD, was widely blamed for stoking a sell-off in crypto assets that saw Bitcoin hit a 20-month low at one stage on Thursday. …
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