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15.03.2022 - 10:49
Business
Sky News
Retailers urged to pass on lower costs as fuel prices climb again even as Brent crude dips below $100
Fuel retailers have been urged to pass on falling wholesale costs as the latest rise in forecourt prices pushed the bill for filling up a typical family car with petrol above £90.Figures from data firm Experian Catalist showed the average price for a litre of petrol at UK forecourts on Monday was 163.7p with diesel …
15.03.2022 - 10:48
Business
Evening Standard
Pay boom officially over as “Awful April” looms
15.03.2022 - 10:38
Business
Evening Standard
Questions for the London Metal Exchange to answer over nickel market chaos
15.03.2022 - 10:25
Business
Business Weekly
Arm wrestles with job cuts backlash
Cambridge and California will bear the brunt of around 1,000 job losses forced on superchip architect Arm following the collapse of NVIDIA’s proposed $40 billion acquisition. Unconfirmed reports suggest that as many as 600 redundancies could be made at the Cambridge UK headquarters with California taking the rest of the backlash. The news is in …
15.03.2022 - 10:18
Business
Business Live
New Anglesey housing estate planned for former island school site
Plans for a new housing estate at the site of former Anglesey school have been submitted. Ysgol Parch Thomas Ellis in Holyhead closed back in 2017 and pupils transferred to a new ‘super-school’ in the port town. The school was later demolished and the site cleared. Now plans are in from Anglesey council for a …
15.03.2022 - 10:04
Business
Business Live
Thatchers Cider signs multi-million pound exclusive global export deal
Thatchers Cider has signed a multi-million pound exclusive global export with a Lancashire company which already works with the likes of Carlsberg Marston’s, Greene King and Westons. Blackburn-based Sovereign Beverage Company will now drive the global distribution of Thatchers’ export portfolio, including the flagship Thatchers Gold in both 500ml bottles and cans. First launched in …
15.03.2022 - 09:45
Business
Business Live
Rolls-Royce working on equipment to generate water, oxygen and fuel for future space missions
Scientists at Rolls-Royce are working on technology that could one day be used to power the creation of water and oxygen in space. The engineering giant, which is headquartered in Derby, is among a number of UK developers working on the next generation of tech which could pave the way for longer human space missions …
15.03.2022 - 09:38
Business
Business Live
US tech firm hiring Bristol and Bath apprentices for new scheme
A US software giant has co-launched an apprenticeship programme for young professionals in the West of England as part of efforts to attract more people from diverse backgrounds into the tech sector. Digital banking firm NCR, previously known as the National Cash Register, is set to recruit apprentices without a university degree to its professional …
15.03.2022 - 09:30
Business
Sky News
UK bans luxury goods exports to Russia and hikes import tariffs on products – including vodka
The UK government has placed an export ban on luxury goods to Russia and hiked up import tariffs from the country on iconic products such as vodka.British vehicles, high-end fashion and art are some of the luxury goods that will no longer be exported to Russia as the West continues to attempt to isolate the …
15.03.2022 - 09:15
Business
Business Live
Medical innovator Tissue Regenix Group reports jump in revenue thanks to US performance
Regenerative medical devices company Tissue Regenix Group says “exceptionally strong” performance in the US has helped it generate a 20% increase in revenue to £15.1m ($19.7m). The Garforth-based business said it had accelerated its penetration of the US – the largest healthcare market in the world – noting the completion of the first phase of …
15.03.2022 - 07:40
Business
Sky News
Camelot set to lose licence to run National Lottery after three decades
Camelot is set to lose its licence to run the National Lottery after three decades after rival Allwyn Entertainment was named preferred applicant to take over from 2024.The Gambling Commission, which made the selection, said Allwyn’s investment commitments would mean “growth and innovation” for the lottery resulting in increased contributions to good causes. Camelot has …
15.03.2022 - 06:22
Business
Sky News
Biggest real terms fall in wages since 2014 as inflation bites
Britain’s pay squeeze deepened at the start of the year as wages fell in real terms at the sharpest rate for more than seven years, official figures show.Average earnings – stripping out bonuses – climbed by 3.8% in the three months to January, according to the Office for National Statistics (ONS), up from 3.7% the …
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