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Sky News
Supermarket shoppers facing £180 a year increase in average spend
Shoppers are facing a further rise in grocery bills equivalent to £180 a year on average as the squeeze on households intensifies, new industry figures show.Grocery prices in the four weeks to 23 January rose by 3.8%, according to data company Kantar. It adds to the cost of living surge facing households with consumer price …
Business
Sky News
Cost of living surge yet to dent housing market as prices see strongest start to year since 2005
House price growth picked up to 11.2% in January – the strongest start to the year since 2005, according to figures from lender Nationwide.It suggested the surge in the cost of living, with inflation at a near 30-year high, had yet to dent housing market activity, the lender said. The year-on-year pace of growth was …
Business
Euro News
Twitter files a lawsuit in Germany against new rules on reporting or blocking criminal content
Business
Sky News
Jaguar Land Rover chalks up fresh £9m loss and sees chip shortages extending throughout 2022
Jaguar Land Rover, Britain’s biggest car maker, has spluttered to a further quarterly loss due to ongoing chip shortages and said the problems would persist for the rest of 2022.But JLR said the situation had “improved somewhat” from the previous quarter, which was hit by one-off factors such as COVID-19 outbreaks in south east Asia. …
Business
Sky News
Ryanair’s COVID turbulence warning, a bumper year for tech and the rise of NFTs
Sky’s Ian King speaks to Ryanair’s chief financial officer Neil Sorahan about more potential COVID disruption. He also looks into tech IPOs raising £6.6bn in 2021. Plus, the rise of non-fungible tokens and an artist selling digital art to raise money for charity.:: Listen and subscribe to The Ian King Business Podcast here. Advertisement
Business
Sky News
Vodafone shares rise on report of stake acquired by activist Cevian
Vodafone shares have climbed after reports that an activist investor has bought a stake in the mobile giant.The London-listed stock was 4% ahead in early trading after Cevian Capital was said to have acquired an undisclosed chunk of the company to encourage it to lead a consolidation drive in Europe. That would be welcomed by …
Business
Business Live
Cranswick enters pet food sector as it snaps up Lincolnshire business
Pork and poultry specialist Cranswick has entered the dog food market. Grove Pet Foods has been acquired by the FTSE-listed Hull giant, with chief executive Adam Couch spelling it out as an attractive platform for future growth, and a business that can be invested in to expand further. The £21.5 million turnover company employs 100 …
Business
Business Live
The Welsh firms in which the UK Government now has ownership stakes
THE UK Government has taken ownership stakes in some of Wales’ leading high-growth potential firms. The Westminster government, as one of its business support response measures to the pandemic, used its Future Fund to make investments into firms across the UK with debt that could be later converted into equity. In total the now closed …
Business
Business Live
South West construction giant Midas confirms intention to appoint administrator
Troubled South West construction giant Midas Group has confirmed that it wants to appoint an administrator in a move which has stunned the region. The business, one of the UK’s largest privately-owned construction and property services companies, filed notices of intention to appoint an administrator on Friday, January 28. This was for three companies: Midas …
Business
Sky News
Kremlin says UK economic sanctions are attack on Russian businesses
The Kremlin has said the UK’s threats to introduce economic sanctions against Russian companies and oligarchs linked to President Vladimir Putin were alarming and such actions would backfire by hurting British companies.The British government said it would sanction businesses and people with the closest links to Mr Putin if Russia takes any action against Ukraine. …
Business
Business Live
Different Narrative formed by merger of top North East creative agencies
Different Advertising, Design and Marketing and Narrative Integrated Communications have recently announced their merger to become Different Narrative – a move which will create the region’s largest end-to-end marketing services provider. An all-encompassing selection of services including advertising, branding, design, publishing, marketing, PR, social media and web design and development will establish Different Narrative as …
Business
Evening Standard
Ryanair goes green and kicks off airline price war
RYANAIR today positioned itself as a “green” airline as it pledged to ramp up its flight numbers and kicked off a price war with rivals such as BA.The cut price airline made a loss of e96 million (£80 million) for the three months to December. While that was far better than the e321 million deficit …

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