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02.02.2022 - 16:50
Business
Euro News
Royal Mail unveils new stamps with QR barcodes to allow people to watch videos and send messages
02.02.2022 - 16:31
Business
Sky News
Carillion liquidator’s claim against KPMG to seek over £1bn in damages
KPMG is facing a potential damages bill of well over £1bn for its role as the auditor to Carillion, it will emerge on Thursday when the accountancy firm acknowledges receipt of a formal legal claim from the Official Receiver (OR).Sky News has learnt that the sum being sought by the construction giant’s liquidator is well …
02.02.2022 - 16:23
Business
Sky News
What is the energy price cap and why will bills rise so sharply?
Energy bills are to go up for millions of people after the price cap was lifted by £693 a year.The cap, which will apply from 1 April to 31 September, is rising by 54% to £1,971 a year, a record increase largely driven by wholesale gas prices. With the cost of living rising on many …
02.02.2022 - 16:23
Business
Sky News
What is the energy price cap and why are bills rising so sharply?
Energy bills continue to rise for millions of people across the country – with more pain set to come later this year.In April the energy price cap was lifted by 54% to £1,971 – and in October it is expected to rise by another £830 to £2,800. With the cost of living rising on many …
02.02.2022 - 14:12
Business
Sky News
Spider-Man boosts profits for Sony – but chip shortages hold back its PlayStation business
Spider-Man: No Way Home has helped Sony bump up its annual profit outlook, even as chip shortages saw it cut the sales forecast for its PlayStation consoles.The Japanese conglomerate reported operating profits of 465.2bn yen (£3bn) for the third quarter to the end of December, a 32% rise on the same period a year earlier. …
02.02.2022 - 13:51
Business
Evening Standard
Santander profits run into billions after turnaround year
02.02.2022 - 13:27
Business
Sky News
Households may get £200 support as energy price cap announcement brought forward
Millions of households will discover on Thursday how much their energy bills will rise this spring after the regulator brought forward its announcement of the new price cap.Ofgem will reveal what is expected to be an increase of up to 50% to the price cap for gas and electricity, adding around £700 to bills and …
02.02.2022 - 10:22
Business
Business Live
Law firm makes modest progress in pandemic year as turnover nudges over £9m mark
Prominent pan-Humber law firm Bridge McFarland saw turnover increase slightly and margins widen in its latest results. The Grimsby-founded limited liability partnership, now headquartered in Lincoln, brought in fees of £9 million in the year to April 30, 2021, up from £8.9 million in the previous 12 months. Operating profit was up from £3.1 million …
02.02.2022 - 10:10
Business
Business Live
Welsh Government buys car parts plant to help save over 100 jobs
The Welsh Government has bought a car parts plant in Mid-Wales and will lease it to a new manufacturer in a deal that saves over 100 jobs. The site in Llanfyllin in Powys was vacated by Stadco Limited who have decided to consolidate their operations elsewhere in the UK. Now the Welsh Government has stepped …
02.02.2022 - 10:10
Business
Sky News
Amazon announces 1,500 apprenticeships as UK workforce swells to 70,000
Amazon has announced that it will create 1,500 new apprenticeships in the UK this year as it revealed its workforce in the country grew to 70,000 in 2021.The online retail giant said it was offering new places on 40 different schemes – including 200 degree-level places – in areas such as publishing, retailing, marketing, and …
02.02.2022 - 10:00
Business
Business Live
UK ‘levelling up’ plan unveiled by Michael Gove
The government has set out its plan to close the gap between rich and poor areas of the UK over the next eight years. The strategy was unveiled by Levelling Up Secretary Michael Gove on Wednesday (February 2). The white paper includes 12 so-called “national missions” in a bid to improve transport, broadband and education …
02.02.2022 - 08:53
Business
Business Live
North East technology firm Sage launches £400m bond issue
North East software giant Sage Group plc has launched a bond issue to raise £400m. The FTSE 100-listed tech business, which recently moved from Gosforth to Cobalt Business Park in North Tyneside, is aiming to raise the funding to repay debt, as well as use money within the company for general uses. The company announced …
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