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Sky News
‘It feels so wrong’: For the first time ever, people in the UAE work on a Friday
Thursday night usually marks the start of the weekend for workers in the United Arab Emirates – but not anymore.For years, the UAE has joined many Islamic countries in having Friday and Saturday as days off. But as a new year begins, the country has officially introduced a Western-style working week that will run from …
Business
Sky News
After 46 years, Scottish nuclear power plant shuts down
One of Scotland’s two nuclear power plants has shut down after almost 46 years of generating electricity.Over its lifetime, Hunterston B had produced enough energy to power every home in Scotland for nearly 31 years. The plant was originally scheduled to only be in operation for 25 years, but investment meant its lifespan could be …
Business
Business Live
Steven Bartlett hopes to inspire budding entrepreneurs as Dragons’ Den adds 700,000 extra viewers
Steven Bartlett has said he hopes to have inspired budding entrepreneurs with his Dragons’ Den debut which saw a surge in viewers for its first episode. The businessman, who co-founded Social Chain with Dominic McGregor in Manchester, has also revealed exclusively to BusinessLive how it felt to go up against his fellow Dragons as well …
Business
Business Live
Change in the world of work has slowed – but changing times are coming, report says
Few people would argue with the idea that the world of work is changing, but that change could be a lot slower than many think, according to a new report. The report from the Resolution Foundation, co-written with the Centre for Economic Performance (CEP) at the London School of Economics, dismisses the idea that robots …
Business
Business Live
Why the Welsh Government needs to adopt a truly inclusive entrepreneurship policy
When the Entrepreneurship Action Plan for Wales was launched back in 1999, it was the first regional enterprise strategy anywhere in the world. Whilst it focused on delivering a range of programmes to develop and enterprise culture, increase the number of new businesses and support growth firms, it also focused specifically on increasing participation in …
Business
Business Live
Overheads a concern for business as profit forecasts dip on the Humber
Inflationary pressures on pay, materials and energy emerged in business boardrooms as 2021 closed. Results from Hull and Humber Chamber of Commerce revealed concerns about the outlook and squeeze on margins, as domestic sales remained challenging but international orders picked up. Enthusiasm abounding as lockdowns were left behind had already eased in quarter three, replaced …
Business
Business Live
Learning Pool buys New York Stock Exchange spin off company
A north west online learning company has bought a New York peer for an undisclosed sum. Learning Pool has acquired True Office Learning, a compliance technology firm which counts some of the US’s largest multinationals amongst its clients. The US firm was spun out of the New York Stock Exchange True Office and offers online …
Business
Sky News
US jobs recovery stalls even as it chalks up record annual employment growth
The US jobs recovery stalled at the end of last year even as official figures confirmed annual record growth in employment numbers.Closely-watched data from America’s bureau of labour statistics (BLS) showed the world’s biggest economy added 199,000 jobs in December – well short of the 400,000 figure pencilled in by forecasters. Experts said a shortage …
Business
Euro News
Kazakhstan crisis: Bitcoin price slumps as nationwide Internet blackout hits crypto miners
Business
Sky News
Oil and gas companies operating in North Sea to cash in ‘near record’ income as energy prices skyrocket
Oil and gas companies operating in the UK’s North Sea are expected to report “near record” income in 2021 and 2022 as the price of energy skyrockets.Wood Mackenzie analysis says that UK oil and gas operators are projected to record around $17bn in cash flow for last year, and approximately $18bn this year. Such amounts …
Business
Sky News
Cider maker sees festive sales hopes turn flat as Omicron rules bite
The company behind the Magners and Bulmers cider brands has revealed that trading was hit last month as restrictions to tackle the spread of Omicron drained festive sales to bars and pubs.Dublin-based drinks group C&C said “on-trade” conditions last month were “significantly impacted” by rules outlined by governments in the UK and Ireland. That left …
Business
Sky News
Spike in holiday bookings as COVID-19 pre-departure tests scrapped
Holiday bookings have seen a sharp bounce-back after the lifting of travel restrictions unleashed pent-up demand for breaks, the boss of travel operator Jet2 has said.Chief executive Steve Heapy told Sky News that bookings climbed by 150% earlier this week as the government scrapped pre-departure tests for passengers arriving in Britain and eased requirements for …

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