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05.02.2022 - 00:01
Business
Business Live
Competition to find new headquarters of Great British Railways launched
A competition to find the new headquarters of Great British Railways has been officially launched by the government. Towns and cities across England, Wales and Scotland have been invited to apply to be the organisation’s new home. The government said the body would be a “single guiding mind that ends the fragmentation of the rail …
05.02.2022 - 00:00
Business
Business Live
Strictly, Dragons’ Den and fitting in the day job: Sara Davies’ busy life
‘I’m just the figurehead – my husband runs the show’: so says North East entrepreneur turned TV Star Sara Davies to business writer Coreena Ford. Sara Davies was already on her way to becoming a household name thanks to her appearance on Dragons’ Den over the last three years. The last year, however, has seen …
04.02.2022 - 19:05
Business
Sky News
Fears energy companies profit when renewable power slumps – adding to burden on bill payers
The power industry is concerned some companies could be making massive profits on the occasional days when renewable electricity generation slumps.Generators which step up to fill those gaps are charging record prices to “balance” the supply of electricity as our power grid rapidly shifts towards net-zero. The costs are paid by the industry, but are …
04.02.2022 - 16:55
Business
Business Live
Events planned to help North East firms reap benefits of offshore wind farm
A series of events will be held in the North East this year to help companies benefit from the opportunities available from the Dogger Bank wind farm. The decision to site the operations and maintenance base for what will be the world’s largest offshore wind farm at the Port of Tyne has been billed as …
04.02.2022 - 16:29
Business
Business Live
Middlesbrough and Wycombe Wanderers keen to hold talks over their financial claims against Derby County
Management at Middlesbrough FC and Wycombe Wanderers say they are ready and waiting to join talks to discuss their legal claims against Derby County. Boro and Wycombe say they are owed millions in compensation over allegations of Derby breaching Football League rules. The EFL has now agreed both Boro and Wycombe should be paid along …
04.02.2022 - 15:47
Business
Sky News
Restaurant and hotel prices set to rise as hospitality firms grapple with surging costs
Prices for restaurant meals and hotel stays look set to rise sharply after the hospitality sector’s industry body said firms were being forced to pass on surging costs.A survey by UK Hospitality found that prices across the sector were set to increase by an average 11% this year. That will add to the strain on …
04.02.2022 - 15:36
Business
Business Live
New car sales show Northern Ireland consumer confidence strengthening despite inflation pressures
New car sales in Northern Ireland, one of the most accurate measures of consumer confidence, rebounded last month, paving the way for a busier year for car dealers. A total of 4,161 new cars were registered in the province in January, according to the Society of Motor Manufacturers and Traders (SMMT), an increase of 79% …
04.02.2022 - 14:48
Business
Sky News
US economy defies fears of Omicron-driven slowdown to deliver nearly half a million new jobs
The US employment market started the year in a much healthier state than expected, despite Omicron disruption hitting consumer-facing businesses.America added 467,000 jobs in January – about three times the 150,000 level expected by economists – according to the US bureau of labour statistics. The dollar rose and Wall Street stocks were subdued as the …
04.02.2022 - 11:21
Business
Sky News
Energy bills could see further increase in autumn, British Gas boss warns
04.02.2022 - 10:22
Business
Business Live
Danske Bank UK dips toe into GB lending and ramps up profits
Danske Bank UK has expanded its business outside Northern Ireland with “small pockets” of lending in Great Britain. The Danish-owned bank said it is operating in the social housing sector in England, as well as in the syndicated lending space and has wrote lent around £300 million across both in 2021. It has also been …
04.02.2022 - 10:22
Business
Business Live
Beauty queen from North Wales wants to smash stereotypes about world of engineering
A talented apprentice and Miss Wales candidate wants to inspire future generations of young girls into engineering by smashing past stereotypes. Jess Downes, from Towyn, had worked as a flight attendant but lost her job when the aviation sector was grounded in the pandemic. She took a different direction and her love of STEM (Science, …
04.02.2022 - 10:16
Business
Sky News
Train passengers will see ‘big improvements’ to timetables in the next two weeks, minister pledges
Train passengers frustrated by emergency timetables will see “big improvements” in the next two weeks, it has been promised.Hundreds of daily services were axed in December and January after the rise of the Omicron coronavirus led to crippling staff shortages. At some points at the start of the year, it was thought about 10% of …
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