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Evening Standard
Plus500 revenues jump as pandemic trading boom keeps going
THE online share trading boom that has been thousands of new investors take to the stock market has helped revenues soar at Plus500.The spread betting and CFD (contracts for difference) house made record revenues of $718 million in 2021 — $160 million of which came in the fourth quarter.Plus500 didn’t say how those figures compared …
Business
Business Live
Gateley snaps up Nottingham IP law firm Adamson Jones
Gateley has made its eleventh acquisition since its 2015 flotation. The legal and professional services group has bought Nottingham-based patent and trademark attorneys Adamson Jones for £2.5 million. Adamson Jones provides intellectual property services in the UK, Europe and around the world. It was founded in 2000 and its technical expertise covering areas including biotechnology, …
Business
Business Live
Bristol business park sold to property investment firm for £30m
A business park in central Bristol has been bought by a commercial property investment firm for £30m. Orchard Street Investment Management acquired City Business Park from LaSalle Investment Management on behalf of St James’s Place Property Unit Trust. The six-acre freehold estate, just off the A420 close to the junction with the A4320 St Philips …
Business
Business Live
Online retailer Marks Electrical posts record sales in face of global supply issues
The founder of a big player in the online electricals market said the business was working hard to maintain good stock levels after record sales growth. Marks Electrical chief executive Mark Smithson said sales were up more than 55 per cent in the nine months since April 2021, compared to a year earlier. The business …
Business
Evening Standard
FTSE market report: Shop shares in focus ahead of Christmas updates — and a ‘conspiracy’ at THG
SHOPS and bonds were being closely watched today ahead of a key week for retailers and inflation watchers.On Wednesday we’ll find out how much prices are rising in both the US and China, figures that will move interest rate expectations and bond prices.Today the UK five-year gilt yield rose two basis point to 1.01%, the …
Business
Business Live
Rebrand for job-creating educational resources firm sold by Studio Retail Group for £30m
A Greater Manchester-headquartered educational resources supplier has created 30 jobs and completed a rebrand almost a year after its £30m sale by Studio Retail Group. Findel Education, which is now called Findel, owns specialist education brands Hope, GLS, Philip Harris and Davies Sports which have also been rebranded. These provide resources for primary school, secondary …
Business
Business Live
ADVERTORIAL: Discover how your workplace can benefit from hiring a trainee through Strode College
Ahead of National Apprenticeship week in February, a Somerset-based college is looking for local businesses to take on young people in the form of a traineeship. At a time when many businesses are still recovering from the last two years and when life still feels uncertain, employers may feel unsure about taking on new staff. …
Business
Evening Standard
Virgin Media O2 says it won’t introduce post-Brexit EU roaming charges
Virgin Media O2 today bragged that it will not reintroduce roaming charges in Europe for its mobile phone users, setting it apart from the industry.Rivals including Vodafone, EE and Three have said they will impose roaming fees this year in reaction to Brexit. Before that vote, UK phone users could text and call in the …
Business
Sky News
Aldi makes price pledge for 2022 as surging inflation squeezes shoppers’ budgets
Aldi says it enjoyed a record Christmas with sales boosted by “half a million new shoppers in December” as the wider grocery sector gears up for a tougher year as household budgets are squeezed by surging inflation.The UK’s fifth-largest supermarket chain said sales in December rose by 0.4% compared to the previous year, when grocery …
Business
Sky News
Govt accused of playing ‘Russian roulette’ with road safety after relaxing HGV rules
The number of lorries entering and leaving the UK under a scheme introduced during the HGV crisis last year is not being monitored, a trade has claimed.Unite believes ministers “panicked” last year and changed cabotage rules to allow companies from anywhere in the world to send lorries with foreign drivers to the UK to work …
Business
Sky News
Labour unveils plan to cut energy bills by hundreds of pounds a year
Labour is proposing removing VAT on bills for a year and a windfall tax on North Sea oil and gas producers as part of a package designed to save households hundreds of pounds on their energy costs.In addition, the £6.6bn plan would see the party expand and increase the warm homes discount for those most …
Business
Sky News
$500m tech star PrimaryBid woos SoftBank to take stake
The British company which has orchestrated a torrent of retail share placings for cash-strapped companies during the pandemic is in advanced talks to sell a big stake to the world’s largest technology investor.Sky News has learnt that PrimaryBid is close to finalising the details of a $150m (£110m) funding round that will be led by …

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