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Evening Standard
Ocado hails ‘exciting moment’ after launching Australian warehouses
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.Online grocer Ocado has cheered another milestone for its global robotic warehouse arm after confirming the opening of its first Australian sites …
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Sky News
Shop prices fall for first time in nearly three years, figures show
Shop prices have come down for the first time in nearly two years, according to industry data.Goods in UK shops cost 0.3% less in August than a year ago, figures from industry body the British Retail Consortium (BRC) showed. The price fall is due to discounts on summer clothing and other seasonal household goods. Wet …
Business
Business Live
What Wales can learn from Costa Rica in harnessing green energy to attract global investment
Frank Holmes, chair of the Cardiff Capital Region’s Economic Growth Partnership and Cambridge undergraduate Zac Le Riche, on how Wales with an abundance of renewable energy sources can attract global investment from AI to advanced engineering. If Wales is to find its niche in the green revolution then for inspiration it could can learn a …
Business
Sky News
Unilever slims skincare portfolio with Kate Somerville sale
Unilever, the FTSE-100 consumer goods behemoth behind Marmite and Lynx, is trying to slim its portfolio of personal care brands by putting two of them up for sale.Sky News has learnt that Unilever is working with advisers on the disposal of Kate Somerville, an upscale skincare brand it acquired in 2015. City sources said this …
Business
Business Live
Government urged to take action on mini nuclear plants as Britain fights to keep pace in race for clean power
Keir Starmer’s government is being urged to make a decision on mini nuclear reactors by the end of the year, in what could be a real test of the Labour party’s energy strategy. It follows a landmark deal this week for a former nuclear site in Gloucestershire. The £6.5m sale of the science park in …
Business
Sky News
Lynch-backed Featurespace in talks about Visa takeover
A British fraud detection company backed by Mike Lynch, the technology entrepreneur who died this week, is in talks about a sale to Visa, the American payments giant, worth hundreds of millions of pounds.Sky News has learnt that Featurespace, which was founded in 2008 and is headquartered in Cambridge, is in advanced negotiations about a …
Business
Business Live
Taylor Swift’s Wembley concerts generate £300m for London, MP proposes top city honour
Taylor Swift concluded the European segment of her record-breaking Eras Tour with a final performance at Wembley Stadium on Tuesday night. The capital has reportedly experienced an uptick in consumer spending, foot traffic, and tube usage during Swift’s time in London, with one MP hailing her tour as a “lifeline” for the UK economy. Sarah …
Business
Euro News
Maker of Jack Daniel’s latest firm to scrap diversity goals
Business
Evening Standard
Union advises college lecturers to accept ‘hard-won’ improved pay offer
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.A college lecturers’ union has advised its members to accept an improved pay offer from colleges, raising hopes a “long and painful …
Business
Evening Standard
Hopes of rate cut in US boost markets as FTSE 100 rises
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 rose on Friday after US Federal Reserve chairman Jerome Powell signalled that he will cut interest rates at the …
Business
Evening Standard
Bank of England to chart ‘steady’ course on future rate cuts, says Bailey
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.Bank of England governor Andrew Bailey is set to signal more caution on potential future rate cuts at a speech on Friday, …
Business
Sky News
What is the energy price cap?
The energy price cap will rise in October to an annual average of £1,717.Industry regulator Ofgem said the 10% rise was largely due to higher wholesale gas prices and urged bill-payers to “shop around” for fixed-rate deals. Money latest:Warning £2,500 will be added to stamp duty ‘overnight’But the latest increase – which means households paying …

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