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Evening Standard
Hedge funds line up lawsuits over nickel market chaos
Business
Sky News
Fuel prices drop slightly for first time this month
Average fuel prices have dropped for the first time this month, according to the RAC.The average cost of a litre of petrol at UK forecourts on Monday was 166.6p, down from 167.0p the day before, according to figures from data firm Experian Catalist. The price of a litre of diesel fell from an average of …
Business
Business Live
Yu Energy says it is benefiting from higher tariffs caused by rising commodity market prices
The boss of commercial supplier Yu Energy said he expects it to remain in profit as it deals with the consequences of spiralling energy prices. Bobby Kalar, chief executive of the Nottingham-based independent supplier of gas, electricity and water to the UK corporate sector, said the business had not only “weathered the storm” but “blown …
Business
Business Live
Yorkshire.com website put up for sale by Welcome to Yorkshire administrators
Website domains, a magazine and awards linked to the former Welcome to Yorkshire tourist board have been put up for sale after the organisation went into administration. Welcome to Yorkshire closed down in March after a string of issues led to councils withdrawing funding. Now administrators are offering the business and its assets – including …
Business
Sky News
Calls for the government to begin ‘criminal action’ against P&O Ferries
Labour has called on the government to begin “criminal action” against P&O Ferries after the firm sacked more than 800 of its workers on the spot last week.Shadow transport secretary Louise Haigh said the government must “immediately” commence criminal action against P&O Ferries “for their flagrant breach of employment law”. “It should mean unlimited fines, …
Business
Euro News
Russia bans Instagram and Facebook as court declares Meta an ‘extremist organisation’
Business
Sky News
Candy sweetens Chelsea bid as advisers decide on shortlist to buy club
The London-based property developer Nick Candy has raised his bid for Chelsea Football Club in an attempt to force his way onto a shortlist of bidders that is expected to be decided within hours.Sky News understands that Mr Candy’s Blue Football Consortium secured additional financial backing from a new South Korea-based investor to enable him …
Business
Sky News
Russia labels Facebook and Instagram ‘extremist’ platforms – but spares WhatsApp from ban
Russia has formally banned Facebook and Instagram in the first use of its sweeping law on “extremism” on a foreign technology company.Previously, groups like the Taliban and Islamic State have been targeted under the same law.A Moscow court exempted WhatsApp from the ban, however, saying it didn’t have the same power to disseminate information to …
Business
Evening Standard
‘Covid was unexpected tipping point for growth’: How changing ways of working helped office switching start-up Kitt
Business
Sky News
Kier demolishes plan for £50m takeover of rival Tilbury Douglas
Kier Group, the London-listed construction company, has pulled out of talks about a takeover that would have completed the break-up of what was once one of Britain’s biggest outsourcers.Sky News has learnt that Kier abandoned negotiations to buy Tilbury Douglas, the construction arm of Interserve, in the last fortnight. The talks had been taking place …
Business
Sky News
Why the EU is nervous about imposing a ban on Russian oil and gas
The West moved swiftly to hit Russia’s economy following its invasion of Ukraine.The most decisive action was to slap sanctions on the country’s central bank, preventing Moscow from getting its hands on a substantial chunk of the $643bn in reserves it has accumulated over the last decade. The United States and United Kingdom followed this …
Business
Business Live
Distillery worker stole tens of thousands of pounds to fuel gambling addiction
A distiller work stole tens of thousands of pounds from the company he was working for to pay for his gambling addiction – eventually sending the business under Nottinghamshire Police said Thomas Masters (35) from Fairway, in Keyworth, a few miles south of Nottingham, stole almost £143,000 from the new business that he had been …

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