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See which prices have gone up or down – and how much warm clothes are costing as we approach winter
Prices have increased over the past 12 months by more than 10% on average, putting pressure on already stretched household budgets.A further drop in fuel prices has lowered some costs for drivers, but the rising cost of food, caused in part by the energy crisis, has offset that.Higher energy prices have wide-ranging knock-on effects, in …
Business
Sky News
Spending calculator: See which prices have gone up or down
Prices have increased over the past 12 months by 6.8% on average, putting pressure on already stretched household budgets.Prices are rising more slowly than they were before, however. Inflation is now at its lowest annual rate since February 2022, when Russia’s full-scale invasion of Ukraine led to a global surge in food and energy prices.Gas …
Business
Sky News
Ineos challenges government to allow it to try fracking in England
Ineos, one of the world’s largest energy and chemical companies, has challenged the UK government to allow it to develop a fully functioning shale drilling test site, in a bid to prove that the controversial technology is safe and secure.The move comes as the UK searches for ways to secure its energy supply in the …
Business
Sky News
Banks to tighten lending to homebuyers as cost of living crisis bites
UK banks are tightening their belts when lending to homebuyers, as they begin to incorporate the cost of living crisis into their mortgage models.Potential buyers might struggle to get the size of loan they need, according to mortgage brokers, with surging household costs and sky high energy bills forcing lenders to reassess what mortgages people …
Business
Business Live
Welsh care group quits fees forum in protest over claim North Wales councils are ‘deprioritising care’
An organisation that represents care providers in Wales has dramatically quit a group set up to discuss fees. The decision by Care Forum Wales (CFW) to resign from the North Wales Care Fees Group comes amid claims that the region’s councils are “deprioritising care” even though they have been given more money by the Welsh …
Business
Business Live
Huge Humber ferry terminal plan for ABP and Stena Line is scaled down
Plans for a new freight-focused ferry terminal at Immingham have been downsized following consultation and further technical work. One of the four proposed new roll-on roll-off berths has been dropped, reducing the size of the scheme, part of a £100 million commitment revealed in January. Associated British Ports has agreed a 50-year partnership with Stena …
Business
Sky News
Heathrow says it is ‘stretched’ as it races to hire 12,000 new staff
Heathrow has admitted it is “stretched” as travel rebounds from the pandemic but staffing levels remain low, amid widespread delays at the UK’s largest airport.March was the busiest month for passengers at Heathrow since the pandemic began, following the government’s removal of all remaining travel restrictions. Now, the airport has said it is rushing to …
Business
Sky News
Chelsea FC sale: NBA chairman Tanenbaum teams up with Celtics owner Pagliuca
The chairman of the world’s richest basketball league has joined one of the consortia preparing to table final takeover bids for Chelsea Football Club this week.Sky News has learnt that Larry Tanenbaum, who chairs the National Basketball Association (NBA) and owns a host of North American sports teams, is among the investors backing Steve Pagliuca’s …
Business
Business Live
Gloucestershire firm completes 12 investment deals totalling £17m
A Gloucestershire-based investment firm has completed 12 investment deals totalling £17m ahead of the tax-year-end deadline. Blackfinch Ventures, which operates from Gloucester Business Park in Brockworth, has announced three new early-stage tech companies have joined its growing portfolio. Customer experience platform Futr, recruitment and talent acquisition platform Placed, and behavioural data platform Measure Protocol collectively …
Business
Business Live
US investors ‘considering’ Everton takeover bids which would value Premier League club at £350m
A number of US investors are considering making attempts to buy Everton for around £350m, according to reports. The club recently revealed they losses almost £121m during their latest financial year despite turnover reaching record heights. However, Everton said they remain in a “secure financial position thanks to the continued unwavering support and commitment of …
Business
Business Live
Welsh private sector output continues to expand shows latest NatWest research
The rate of output in the Welsh private sector continued to expand in March but more slowly than in the previous month, according to latest research from NatWest Bank. Its Wales Business Activity Index – a seasonally adjusted index that measures the month-on-month change in the combined output of the manufacturing and service sectors – …
Press Release
Pressat
Private debt exposure on the blockchain: UK first as Whitehall Capital partners with US leading digital securities marketplace
Monday, 11 April 2022: Whitehall Capital is offering an innovative approach to holding investments within its specialist bridge financing fund, Whitehall Capital Management Limited. Whitehall Capital has struck an agreement with US-based digital asset securities marketplace, Securitize, enabling investors in the Whitehall bridge lending fund to hold their units in the fund as blockchain tokens. …

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