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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 …
Business
Business Live
ADVERTORIAL: Innovation is not just for big businesses
Continuous improvement is a key driver when it comes to building a successful business. Being open to new opportunities, finding inspiration in different places and looking beyond the here and now, are all vital contributors to building a culture of innovation. The Business Gateway Growth Hub highlights the importance of innovation for all businesses, both …
Business
Business Live
Family-owned property group Raynsway under new ownership
Raynsway Properties, which is based in north Leicestershire, has been sold to a private investor. Raynsway is a long-established developer and property management business which built and runs the 43-acre Watermead Business Park which fronts on to the A607 on the northern outskirts of Leicester. The business park includes the Dunelm and Flogas headquarters, premises …
Business
Business Live
Key Llandudno shopping street set for pavement revamp
Work is set to start on revamping a key shopping street in Llandudno. Conwy County Borough Council has announced that, weather permitting, work will start on Phase 2 of the Mostyn Street repaving programme later this month. Phase 2 will focus on improving the pavements on the west side of Mostyn Street, Llandudno, between Gloddaeth …
Business
Sky News
Facebook founder Mark Zuckerberg takes $29bn hit as Meta share price plunges
Mark Zuckerberg has seen $29bn wiped off his net worth after the share price of Meta – owner of Facebook, Instagram and WhatsApp – saw a record one-day plunge.The 26% collapse in the stock erased more than $200bn from Meta’s market capitalisation, the biggest single-day drop in value for a US company ever seen. It …
Business
Evening Standard
Acquitted Libor trader: “This process is designed to destroy people”
Business
Sky News
Don’t ask for big pay rises Bank of England governor suggests as it battles surging inflation
Bank of England governor Andrew Bailey has suggested that workers should not ask for big pay rises as it battles surging inflation.The Bank has acted to combat accelerating price growth by hiking interest rates to 0.5%. But if employees ask for wage increases to match the cost of living its task could be made harder. …
Business
Sky News
‘Sick joke’: £575,000-a-year Bank of England governor criticised over pay restraint call
Bank of England governor Andrew Bailey has been criticised after suggesting that workers should not ask for big pay rises as it battles surging inflation.One union leader described the comments as a “sick joke” while Downing Street said the wage restraint urged by Mr Bailey was “not something that the prime minister is calling for”. …
Business
Sky News
Rising energy bills will place households in ‘deep peril’ and older people will be ‘badly shaken’, charities warn
Households will be left in “deep peril” and older people will be “badly shaken” by the rise in energy bills, charities have warned.On Thursday, energy regulator Ofgem announced prices are set to soar by 54% for 22 million households from the beginning of April, adding £693 to the annual costs of a typical household. Later …
Business
Sky News
It is not clear the chancellor has any means of control over the cost of living crisis
It is hard to think of another day – certainly one outside a recession – when so much bad economic news came in one single torrent.Energy bills up by nearly £700 (with more to come thereafter), interest rates raised, inflation set to exceed 7% for the first time in a generation and now households expected …
Business
Evening Standard
Bank of England raises UK interest rate from 0.25% to 0.5%
Business
Evening Standard
M&C still cool on offer from Vin Murria despite higher price

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