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Jeff Bezos questions Musk’s ties to China ahead of Twitter takeover
Amazon founder Jeff Bezos has asked whether Elon Musk’s deal to buy Twitter will give China “a bit of leverage” over the platform.Twitter is blocked in China but Mr Musk‘s electric car business Tesla is dependent on the company’s plant in Shanghai and sales across the country for its global profits. Explaining the motivation behind …
Business
Evening Standard
HSBC sees profits plunge and defends Russian businesses
HSBC today reported a plunge in profits, defended its Russianbusiness and said rising interest rates should enable it to retain returns to investors.The giant lender saw profits in the first quarter down $1.6 billion to $4.2 billion, a slump likely to be repeated across the sector as bad debts due to the Ukraine war ramp …
Business
Business Live
Why the Shared Prosperity Fund is far from being a bad deal for Wales
Earlier this month the UK Government published its prospectus for the Shared Prosperity Fund, the domestic replacement for the EU structural funds, of which West Wales and the Valleys had been a recipient of the highest level of funding since 2000. Whereas Northern Ireland, the Highlands & Islands of Scotland, Merseyside and South Yorkshire qualified …
Business
Sky News
Heathrow Airport says no profits this year as travel remains turbulent
Heathrow Airport has said it will be unable to make a profit this year, with airlines already cancelling flights for the autumn. Once one of the busiest airports in the world, Heathrow has lost more than £4bn during the pandemic as international travel has collapsed.Despite a bump in traffic in March following the UK’s swift …
Business
Business Live
Loungers posts record revenue after post-Christmas Covid recovery
Bar and restaurant chain Loungers has forecast better than expected profits after a post-Christmas Covid recovery helped it to record revenue. The Bristol-founded group, which operates 164 Lounge cafe-bars and 31 Cosy Club restaurant-bars, reported total revenue of £237.3m despite “subdued” December trading as a result of the Omicron variant. In a trading update for …
Business
Business Live
ADVERTORIAL: Law firm Freeths backs innovation and development in Leicester
Whatever your legal needs, Freeths’ dynamic and innovative approach allows clients to benefit from creative solutions, whether its for business advice or help with personal matters. As an ever-growing firm with 12 offices across the UK, the full-service law firm supports clients nationwide including at its Leicester headquarters in Colton Square. The Legal 500 and …
Business
Evening Standard
Back to the 70s: Primark to put prices up as boss warns on inflation spiral
FRESH fears about how bad inflation could get were stoked today when Primark boss George Weston warned we are “back in the 1970s” and an influential data group said food prices are rising at the fastest for 11 years.Primark, owned by Associated British Foods, said it would have no choice but to increase prices later …
Press Release
Pressat
The New apg® Introduces an All-in-One POS Cable Management Solution for SMEs   
NEWHAVEN, UK – (26th April, 2022) – The new apg®, formerly APG Cash Drawer®, a leading global manufacturer of best-in-class cash management solutions and POS peripherals in more than 90 countries introduced today an unprecedented, patent pending all-in-one point of sale cable management solution called The ArchitectTM. The Architect is a revolution in POS cable …
Press Release
Pressat
Disruptors: Women challenging the status quo in pursuit of positive societal impact
Violet Simon has launched the first series of their magbook titled ‘Disruptors’. The series touches on issues related to feminism, mental health, tackling domestic abuse and violence against women, sustainability, disability and wellness, and shares the stories of women who have disrupted the status quo to make a positive difference in these areas. This first …
Business
Sky News
Former Cameron aide Silva’s Second Home races to avert collapse
A former aide to David Cameron is racing to raise millions of pounds to avert the collapse of Second Home, his shared-office provider.Sky News has learnt that Rohan Silva, who launched the business in 2014 and has raised funds from a string of well-known business figures, has notified investors that it needs £6m of new …
Press Release
Pressat
Watts Group Limited announces place on Rise Construction Framework
Watts Group Limited is proud to announce that it has been successfully awarded a place on the Rise Construction Framework within the Contract Administrator and Employers Agent bands. Rise Construction Framework is a one stop shop for capital works and services; consisting of 17 groups the framework is supported by 102 reputable supply partners who …
Business
Sky News
P&O Ferries to resume Dover to Calais sailings with passenger services next week
P&O Ferries plans to resume sailings between Dover and Calais in the next few days, amid accusations that it tried to further reduce the wages of seafarers.The shipping company has started selling tickets for its cross-Channel trips aboard its Spirit of Britain ship, with its first departure scheduled for 4.25am on Wednesday from Kent. Passenger …

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