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26.01.2022 - 13:04
Business
Evening Standard
M&G and CMC Markets bet the new investor boom will keep going
M&G is taking a stake in phone wealth app Moneyfarm, the latest sign that the lockdown investor boom is going digital.And CMC Markets, the spread betting house set up by Lord Peter Cruddas, says it is on track to launch its own UK share trading platform.Both businesses believe the new breed of investor who came …
26.01.2022 - 12:15
Business
Evening Standard
Beer prices set to soar to £7 a pint in London with pubs charging 50p more across UK
Londoners may soon have to pay £7 a pint as pub prices surge due to rising inflation rates, industry insiders have warned. With the hospitality sector desperate to return to business, there are fears beer prices may rise by 50p across the country.The worst of the price hike will be seen in London, with industry …
26.01.2022 - 11:30
Business
Sky News
Fortnum & Mason in talks about Qatar expansion as World Cup looms
Fortnum & Mason, the upmarket London department store, is in talks to open an outlet in Qatar amid growing interest from international brands in the tiny Gulf state ahead of this year’s football World Cup.Sky News understands that executives at the 315-year-old grocer are in talks with potential franchise partners in Qatar about the move. …
26.01.2022 - 11:26
Business
Sky News
Canary Wharf, travel and mental health in the office
Ian King speaks to Citi’s chief executive in Europe about the global bank’s refurbishment of its Canary Wharf headquarters. Plus, hear from Wizz Air bosses about the current state of the travel industry. And the CEO of AXA UK speaks about how businesses can support their workers deal with mental health conditions.:: Listen and subscribe …
26.01.2022 - 11:21
Business
Sky News
A third of people blame ‘profiteering’ by energy companies for gas crisis – new poll
More than a third of the British public blame energy company ‘profiteering’ for the gas crisis, according to a new poll by the Energy and Climate Intelligence Unit think tank provided exclusively to Sky News.Nearly a third (29%) thought that the Russian government reducing gas supplies to Europe was the key driver, and 28% blamed …
26.01.2022 - 10:52
Business
Sky News
Wizz Air eyes UK-led recovery as growing costs hit bottom line
The boss of Wizz Air has told Sky News he expects the company’s UK investment and pent-up demand for travel in the country to help lead its fightback this summer from the coronavirus crisis.Jozsef Varadi was speaking after the Hungary-based carrier reported a third quarter operating loss of €213.6m (£178.3m) and warned its final quarter …
26.01.2022 - 10:30
Business
Business Live
Bristol unveils £1.8bn plan to build thousands of new homes
Plans to invest a record £1.8bn in council homes in Bristol have been unveiled in a move that could see more than 2,000 new local authority-owned properties built in the next seven years. The proposed investment forms part of a 30-year plan that was presented to the city’s cabinet and represents the biggest planned investment …
26.01.2022 - 10:18
Business
Business Live
Eyes on Europe for grocery delivery app backed by ex-Sheffield United director’s US investment house
Sheffield-founded e-grocery platform Delivery Drop is enjoying a strong start to the new year, having closed 2021 by securing £14 million of backing from a tech-focused US investment house. MMA Global Inc, headed by former Sheffield United co-chair Jim Phipps, has added it to his portfolio encompassing the ZukiApp brand – having been impressed with …
26.01.2022 - 10:02
Business
Business Live
North East firm Paragon to create 160 jobs as new contract wins ramp up
A North East customer communications business is set to double in size and create 160 new jobs in Sunderland on the back of a major contract win. Pallion-based Paragon Customer Communications (PCC), which offers outsourced mail processing, has seen business boom over the last year, triggering the recruitment drive to help it serve a number …
26.01.2022 - 09:55
Business
Business Weekly
Hauser applauds SoftBank plan for Arm IPO if NVIDIA exits
Speculation is rising in the US that tech giant NVIDIA is set to walk away from a proposed $40 billion acquisition of Cambridge superchip architect Arm as opposition to the deal mounts among global governments. The company has made no official announcement and Arm referred us to NVIDIA for comment on media reports in America …
26.01.2022 - 09:46
Business
Business Live
New £2m annual fund to back film industry in Wales
A new fund with £2m of finance a year to back the Welsh film sector has been announced. Welsh language channel S4C and Welsh Government agency for the creative sector, Creative Wales, have both committed £1m annually in funding over the next three years under a new memorandum of understanding. The intention is to support …
26.01.2022 - 09:45
Business
Business Live
Figures confirm how tourism boomed in Wales – but warning over knee-jerk reaction to hotspot ‘overtourism’
Bumper summer figures have been reported for the tourism sector in Wales as staycations boomed. The latest Wales Accommodation Occupancy Survey statistics are out – with the numbers for June, July and August. It will come as no surprise that figures in all sectors were up. Hotel room occupancy was 82% for the three months, …
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