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30.08.2024 - 05:53
Business
Sky News
House prices growing at fastest rate in nearly two years, UK’s biggest building society says
House prices are now growing at the fastest annual rate in nearly two years, the UK’s largest building society has said, with rises expected to continue.In the year up to August, houses became 2.4% more valuable with the average property costing £265,375, according to Nationwide. But prices are still below the all-time highs recorded in …
29.08.2024 - 23:01
Business
Evening Standard
Riots ‘severely impacted’ shopper footfall in early August
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.Riots across the UK earlier this month “severely impacted” shopper footfall as many consumers stayed away from shops and retail parks during …
29.08.2024 - 23:01
Business
Sky News
Free childcare available from next week – but why is the sector concerned?
Parents and carers of children aged nine months or over will be entitled to 15 hours of free childcare a week from Monday, the government has confirmed. The plans to extend free childcare provision were announced by the then Conservative government back in 2023, with the first stage – 15 hours of childcare for two-year-olds …
29.08.2024 - 16:51
Business
Evening Standard
FTSE 100 nudges upwards after solid session for blue-chips
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The FTSE 100 made gains on Thursday, led by a strong showing from hotels group Whitbread after an upgrade from City analysts.The …
29.08.2024 - 10:07
Business
Sky News
Tide could be turning against social media giants and their bosses – as Telegram founder’s arrest sets new precedent
The bosses of the world’s biggest social media companies have typically avoided personal repercussions, even when their platforms have faced scrutiny over their duties to their billions of users. Social media companies including Facebook, X and TikTok have repeatedly come under fire from policymakers for failing to sufficiently tackle the spread of misinformation, but their founders …
29.08.2024 - 10:00
Business
Business Live
‘Bold and unique’ 41-storey skyscraper plans in city centre recommended for approval
Proposals for a significant new skyscraper in Birmingham have been tipped for approval, with designs for the tall and “unique” structure poised to transform the city’s skyline. Previously submitted plans detailed a trio of buildings for the site bordered by Bristol Street, Bromsgrove Street and Essex Street, including an impressive 41-storey tower. Under the proposals, …
29.08.2024 - 09:20
Business
Sky News
Power giant agrees to pay huge fine for misreported data after wood-burning probe
Power giant Drax, which burns wood to generate electricity, has been slapped with a £25m fine for failing to come up with enough evidence about the type of wood it imports from Canada.Energy watchdog Ofgem carried out a 15-month investigation into Drax after it was accused of burning wood from unsustainable sources and claims it …
29.08.2024 - 09:17
Business
Sky News
New wind farm could power 500,000 homes
The completion of a wind farm and 260km subsea transmission link has connected the Shetland Islands to the GB electricity grid for the first time.SSE hailed the milestone, describing it as a “groundbreaking achievement for clean energy in the UK”. The energy giant said the 103-turbine Viking Wind Farm has an installed capacity of 443 …
29.08.2024 - 09:04
Business
Evening Standard
London in the front line as Rayner eyes housebuilding planning boost
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The government outlined plans to slash red tape today to meet its blockbuster target to build 1.5 million new homes in the …
29.08.2024 - 08:59
Business
Evening Standard
Government drops legal defence for Rosebank and Jackdaw oil and gas fields
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The Government has said it will not challenge judicial reviews brought against developments for the Rosebank and Jackdaw offshore oil and gas …
29.08.2024 - 08:30
Business
Evening Standard
Future of chemicals sector at risk without plan to cut fossil fuels – experts
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.The outlook for the UK’s chemical industry is “worrying” without a plan to eliminate its reliance on fossil fuels, sector experts have …
29.08.2024 - 08:20
Business
Evening Standard
HSBC reveals senior management overhaul as new chief takes reins
Our unmissable weekly email of all the gossip, rumours and covert goings-on inside the Square MileSign upI would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice.HSBC has revealed a shake-up of its senior management, days before its new boss takes over at the banking giant.Georges Elhedery, the …
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