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Evening Standard
Globetrotters go green: Rolls-Royce strikes deal to turn private jets electric
Business
Sky News
JD Sports and Footasylum fined £4.7m for secret meetings
JD Sports and Footasylum, two of the UK’s largest sportswear retailers, have been fined £4.7m for improperly discussing a merger when ordered not to.The order, from the Competition and Markets Authority (CMA), prohibited the two high street giants from exchanging commercially sensitive information while the pair were attempting to merge. But instead of ceasing communication, …
Business
Evening Standard
FTSE: ‘Valentine’s Day massacre’ as shares plunge, oil soars on fears of war in Ukraine
Business
Sky News
Average UK petrol and diesel prices hit record high, new data shows
The average UK petrol price has surpassed 148p for the first time, new figures have revealed.According to the AA, petrol has jumped to 148.02p per litre on Sunday – rising above the previous record high of 147.72p on 21 November last year. Pump costs for diesel have piled yet more misery on motorists and businesses …
Business
Sky News
Norfolk County Council to sue Apple in class action over ‘misleading’ iPhone prediction
Norfolk County Council is to tackle Apple in a class action lawsuit over what it alleges was the company’s misleading predictions about iPhone demand in China.Apple, its chief executive Tim Cook, and its chief financial officer Luca Maestri, are accused of misleading shareholders about iPhone demand in China in 2018. Mr Cook had told investors …
Business
Business Live
SPONSORED: How Leicestershire’s latest innovators impressed judges
Leicestershire has always been a hub of innovation. Despite the past few years, nothing could stop the creative people and businesses in the region from finding new and exciting ways to shape our world. Now in it’s fourth year, the LeicestershireLive Innovation Awards is close to honouring its winning class of 2022. Supported by regional …
Business
Business Live
West of England apprenticeships fund receives six-figure pledges
A total of £100,000 has been pledged during this year’s National Apprenticeship Week to a scheme helping people across the West of England to develop new skills. Last week Bath and North East Somerset (BANES) Council and the Southern Co-Op agreed to share £75,000 and £25,000 respectively to the region’s Share to Support scheme, which …
Business
Sky News
Global markets rattled as Ukraine tensions rise
Markets around the world were rattled on Monday morning as they digested news that a Russian invasion of Ukraine could be imminent, dealing a blow to investors already nervous about rising inflation.European indexes, including the UK’s FTSE 100, Germany’s Dax and France’s CAC 40, all fell several percentage points at the start of the week, …
Business
Sky News
Energy costs surge as global markets are rattled over fears of Russian invasion of Ukraine
Markets around the world have been rattled by fears that a Russian invasion of Ukraine could be imminent, dealing a further blow to investors already nervous about rising inflation.European indexes, including the UK’s FTSE 100, Germany’s Dax and France’s CAC 40, all fell several percentage points at the open – with the US markets later …
Business
Business Live
Wind farm plant brings 750 jobs to Teesside – but sparks row with Humber
A factory making parts for wind farms will create 750 jobs on Teesside – but the announcement is a blow for a development on the Humber where the plant had originally been planned.. Global pipe manufacturer SeAH Wind Ltd has confirmed that it will bring a £200-300m monopile manufacturing facility to the Teesworks site. It …
Business
Business Live
Tungsten West steps up £45m revamp of vast Plymouth tungsten mine
Work is about to accelerate on a £45m rebuild of the processing plant at Plymouth’s vast tungsten mine – which will create hundreds of jobs. In the next few months new equipment will arrive and another building will be constructed to complete the processing line at the Hemerdon Mine, Plympton. This will create hundreds of …
Business
Sky News
HMRC officials seize NFT crypto assets as three arrested on suspicion fraud
Customs officials have seized three non-fungible tokens (NFTS) in what is believed to be the first law enforcement action in the UK involving the digital asset.HM Revenue and Customs (HMRC) announced that three people had been arrested on suspicion of a £1.4m VAT repayment fraud involving 250 fake companies. The agency’s Nick Sharp said the …

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