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27.01.2022 - 22:15
Business
Sky News
British firms warned to bolster cyber defences against threat of new Russian attacks
Britain’s cyber security centre has urged UK organisations to check their cyber defences because of concern about the potential for new Russian cyber attacks linked to tensions with Ukraine.The public-facing arm of the spy agency GCHQ encouraged everyone to read new guidance published on its website entitled: “Actions to take when the cyber threat is …
27.01.2022 - 15:32
Business
Sky News
US economy sees strongest growth since 1984 as it bounces back after COVID-19 downturn
The US grew at its strongest pace since 1984 last year as it bounced back from 2020’s pandemic-driven downturn, official figures show.GDP in the world’s biggest economy expanded by 5.7% in 2021 after shrinking by 3.4% the year before, according to America’s bureau of economic analysis. It has not enjoyed such strong one-year growth since …
27.01.2022 - 14:43
Business
Sky News
Forestry Commission to cash in with £250m sale of eco-cabin giant
The Forestry Commission is in line for a multimillion pound windfall from a prospective sale of Britain’s biggest standalone provider of forest-based cabin and lodge vacations.Sky News has learnt that the private equity backers of Forest Holidays have hired investment bankers to explore a sale that could value it at more than £250m. Forest Holidays, …
27.01.2022 - 13:39
Business
Evening Standard
UK interest rate set to hit 1% by summer, City predicts
As of today, it seems highly likely UK interest will rise next week in the first back-to-back rate rise since 2004. Economists expect rates to then rise perhaps three more times this year, reaching as high as 1% by summer.The Bank of England put rates up in December from 0.1% to 0.25%. The City thinks …
27.01.2022 - 13:27
Business
Evening Standard
How a Tesla and Elon Musk sceptic came to see the light on electric vehicles
In 2015 Mercedes Benz sold its stake in Tesla, claiming the company had “achieved everything it was going to”.I’m with them. Here’s my position: Tesla is an absurdly overvalued business whose stock is kept artificially high by gangs of fanboys who are in love with Elon Musk.The electric vehicle revolution is never going to work …
27.01.2022 - 11:38
Business
Sky News
Businesses set for a boost as coronavirus restrictions lift
Ian King speaks to bosses at Diageo and EasyJet to find out how relaxed coronavirus rules in England will help their businesses. He’ll also be chatting to an electric bike company which is hoping to capitalise on people returning back to offices.:: Listen and subscribe to The Ian King Business Podcast here. Advertisement
27.01.2022 - 11:09
Business
Sky News
State-owned bank’s boss to reapply for job amid COVID loan fraud row
The boss of the British Business Bank (BBB) is being forced to reapply for the job amid a growing row over the state-owned lender’s role administering billions of pounds of fraudulent pandemic loans.Sky News has learnt that Catherine Lewis La Torre, who has been interim chief executive of the BBB since September 2020, has notified …
27.01.2022 - 10:37
Business
Business Weekly
Cambridge Cluster a global magnet for investors, innovators and collaborators
Looking back over 2021 and what it meant for the Life Sciences industry it would be impossible not to feel, as was the case across all sectors, that it was shaped by having to adapt to cope with and battle Covid-19. Business practice changes for all in terms of dealmaking, workplace operations and everyone’s daily …
27.01.2022 - 10:34
Business
Business Live
Wales’ biggest shopping centre acquired as part of a £138m deal
The biggest shopping centre in Wales has been acquired as part of a £138m deal. Commercial property and investment firm, LCP Group, has bought the Cwmbran Centre (formerly known as Cwmbran Shopping Centre) near Newport and the Galleries shopping centre in Washington, Sunderland, from M&G Real Estate. The deal takes group’s retail acquisitions over the …
27.01.2022 - 10:00
Business
Business Live
TalkTalk hailed for efforts to help make Greater Manchester ‘the best place to live and work’
Telecoms giant TalkTalk has been hailed for its efforts to help make Greater Manchester “the best place to live and work”. The Salford-headquartered company has been upgraded from support to member status of The Greater Manchester Good Employment Charter. The business has backed the charter since January 2021 and now sits alongside the likes of …
27.01.2022 - 09:53
Business
Evening Standard
Airlines poised for takeoff as Brits race to the beach this summer
EASYJET declared itself ready for lift-off today as travel curbs ease and holiday bookings are poised to rocket.A host of other UK businesses also reported feeling optimistic about this year on the day face masks stopped being compulsory at indoor public spaces.Easyjet saw losses in the quarter to Christmas halve to £213 million while passenger …
27.01.2022 - 09:48
Business
Business Live
Wales saw rise in the number of businesses in first year of pandemic – but one worrying statistic
Wales saw a small increase in the number of enterprises in the first year of the pandemic, according to recently released figures. The total number of enterprises active in Wales during 2020 was 104,445 – an increase of 675 (0.7%) on 2019. There were 11,905 enterprise births in Wales during 2020, a rate of 11.4%, …
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