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30.04.2022 - 08:12
Business
Sky News
Former Sports Direct auditors braced for £2m fine over Ashley disclosures
The former auditors of Mike Ashley’s high street empire are in advanced talks about a multimillion-pound fine that would bring an end to a probe into its accounts that has lasted for over five years.Sky News has learnt that the Financial Reporting Council (FRC), the audit regulator, is preparing to hit Grant Thornton with a …
29.04.2022 - 19:57
Press Release
Pressat
Reports alleging harassing behaviour of some male MPs is shocking. And it needs men to be calling it out.
Following reports on 28 April 2022, that a male Conservative MP was watching porn in the House of Commons, Anthea Sully, the Chief Executive of White Ribbon UK, made the following statement, ‘viewing porn in public has long been used to harass women. That this should have happened in the House of Commons is shocking …
29.04.2022 - 16:32
Press Release
Pressat
Nano facilitates the first-ever feeless crypto transactions inside the Houses of Parliament
London, Thursday 28th April 2022 – Nano, the feeless eco-friendly cryptocurrency, was used for the first-ever crypto transactions to take place at an official event inside the Houses of Parliament. This took place at the launch of The Centre of FinTech at the University of East London, an educational institution with which the Nano Foundation …
29.04.2022 - 16:08
Business
Evening Standard
Grim outlook as danger signals go red and confidence crashes
THE extent of the financial pain facing millions of Britons was laid bare today with figures showing that business confidence in plunging and financial distress signals for companies and individuals are flashing red.NatWest said it has already referred more than 2000 people to debt experts at Citizens Advice. Yesterday its arch rival Lloyds told customers …
29.04.2022 - 16:00
Business
Business Live
RenewableUK chief upbeat about Humber’s supply chain prospects despite ‘disappointing’ SeAH loss
RenewableUK deputy chief executive Melanie Onn has urged the Humber offshore wind community not to dwell on the loss of a major inward investor, with the belief there are plenty more opportunities to come. South Korean steel giant SeAH’s decision to head north after apparently docking at Able Marine Energy Park for monopile manufacturing was …
29.04.2022 - 15:10
Business
Sky News
Chelsea FC sale: Boehly-led group set for exclusive talks to clinch £4bn deal
A Californian private equity firm has edged closer to becoming the new majority-owner of Chelsea Football Club after securing a period of exclusivity to clinch a deal.A group spearheaded by Todd Boehly, the LA Dodgers part-owner, overcame opposition from rival consortia on Friday to land preferred bidder status in the battle to replace Roman Abramovich …
29.04.2022 - 15:04
Business
Business Live
Western Power Distribution pledges to become net zero by 2028
The UK’s largest electricity distribution business has pledged to become a net zero organisation by 2028. Western Power Distribution (WPD) – which covers the South West, South Wales and Midlands – has outlined in its latest business plan how it will achieve the status more than 20 years ahead of UK Government targets. The Bristol-based …
29.04.2022 - 14:56
Business
Business Live
One of the biggest M&A deals in Northern Ireland history falls through
UK competition laws have scuppered the sale of Euro Auctions to a Canadian suitor in what would have been one of the biggest corporate deals in Northern Ireland’s history. Ritchie Bros announced its takeover of the plant and heavy machinery auction house for around £772 million, or $1 billion, in August 2021 but revealed on …
29.04.2022 - 14:43
Business
Sky News
‘A British bid, for a British club’: Sir Jim Ratcliffe tables last-minute £4.25bn offer for Chelsea FC
Sir Jim Ratcliffe has tabled a last-minute £4.25bn bid to buy Chelsea.The Ineos boss is understood to have held talks with chairman Bruce Buck on Thursday, and submitted what now represents the biggest offer for the Premier League club on Friday. The 69-year-old businessman explored in detail a possible bid for the Stamford Bridge club …
29.04.2022 - 14:18
Business
Business Live
Anchor tenant confirmed for Stafford’s newly-refurbished Shire Hall
The Stafford Chamber of Commerce has been confirmed as the anchor tenant of the newly-refurbished Shire Hall. The organisation will be setting up a new base inside the Grade II-listed Market Square building, in Stafford, when it opens later this year. The facility is currently undergoing a £2 million renovation, but it will eventually play …
29.04.2022 - 14:10
Business
Business Live
ADVERTORIAL: Helping young people step onto the career ladder
Founded by apprentices for apprentices six years ago Professional Apprenticeships places it’s emphasis on holistic recruitment, ensuring businesses across the region find a perfect match when it comes to young talent. Professional Apprenticeships delivers technology and business apprenticeships in Bristol, Bath and the surrounding areas. Co-founders Adam Rooke and Carina Bush, both born and bred …
29.04.2022 - 14:04
Business
Sky News
Competition in markets is waning – and poorer households are suffering the most
The cost of living crisis is being made worse for poorer households by waning competition in British markets.That’s the conclusion in a report by Britain’s competition regulator, the Competition and Markets Authority. It said that this lack of competition has allowed the biggest companies to consolidate their positions and raise prices at a time when …
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