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Crypto crash: Bitcoin losses nearly half its value and extends losses as market fails to rally
Business
Business Live
How entrepreneur went from LadBible to advising CEOs of multi-billion pound companies
Tim Hyde is not a typical 26 year old from Greater Manchester. After starting his career at LadBible aged 18 as the company’s 11th employee, he has gone on to work at Social Chain and collaborate with the likes of Eurosport, Ford, Asos, Puma and Spotify. That was all before he took the plunge himself …
Business
Business Live
New offices and job announcements expected as Newcastle draws in new companies
Growing interest from firms wanting to set up in Newcastle city centre could see major jobs announcements in the coming weeks plus new developments being put in motion to house them, a development agency has revealed. InvestNewcastle, part of NewcastleGateshead Initiative, has encouraged a number of companies to set up bases in Newcastle in recent …
Business
Business Live
Britishvolt: how a start-up found £1.7bn to make gigafactory vision a reality
When journalists were first invited to visit the site of the proposed Britishvolt factory in Northumberland, the only thing to see was a deer gambolling in the middle-distance. The plot – not quite the former Blyth Power Station site, as was first reported, but the site of its former coal yards – stretches as far …
Business
Sky News
Former CBI chief Fairbairn in race to head Channel 4
Dame Carolyn Fairbairn has joined the race to head Channel 4, the state-owned broadcaster, two years after leaving the CBI after a period of fractious ties between Britain’s biggest employers’ group and Boris Johnson’s administration.Sky News has learnt that Dame Carolyn is among a handful of contenders shortlisted to become Channel 4’s next chairman as …
Business
Business Live
From flying taxis to electric planes, what does the future hold for air travel?
It’s nearly 120 years since the world’s first motor-operated plane took flight. American brothers Orville and Wilbur Wright are generally credited with inventing – and successfully operating – the first piloted aircraft in North Carolina in 1903. The duo’s ground-breaking achievement, a feat almost impossible to comprehend at the time, would mark the birth of …
Business
Business Live
Premier Inn to open three hotels in Wales by summer and names where it wants next sites
Premier Inn will open three new sites in Wales by the summer – and has named a trio of target areas for the next expansion. Work is well underway on developments in Llandudno, St David’s and Porthmadog. In the Conwy resort town of Llandudno the hotel is being built on the site of the former …
Business
Business Live
Tories say big chains are being ‘short-changed’ on Covid funds in Wales
Tories in Wales and the Welsh Government have clashed over a cap in support that impacts big retail and hospitality chains. The European Union State Aid controls were applied by the UK Government in March 2020 to any support provided to businesses – meaning there is a cap to the funding that can be allocated. …
Business
Business Live
‘Butcher’s lad’ turned football club co-owning venture capitalist – Andrew Pettit in his own words
He’s jokingly described as the butcher’s lad beside the tech entrepreneur at the helm of Grimsby Town – but it was abacus not carcass that whet Andrew Pettit’s business appetite. Today will see Pettits Lincolnshire Sausages sold at Blundell Park for the first time, a shrewd piece of promotion of the family favourite on Great …
Business
Business Live
PX Group has more to come after securing Saltend Chemicals Park land deal with Equinor
Equinor’s signing of a land deal at Saltend Chemicals Park comes with more inward investment in the pipeline for PX Group. The agreement was announced as the submission of the huge hydrogen production plant to the government’s cluster sequencing competition was made. And it has been warmly welcomed by those heading up the sprawling former …
Business
Sky News
FTSE 100 joins Wall Street sell-off on rate rise and tech stock jitters
The FTSE 100 has joined a global markets sell-off as it followed Wall Street into the red amid jitters over rate rises and the outlook for tech stocks.London’s leading share index fell by more than 100 points, or about 1.5%, while Germany’s Dax and France’s Cac 40 were each down by around 2%. The FTSE …
Business
Sky News
Wagamama owner warns bounce-back in consumer confidence after Plan B may take a while
The owner of restaurant chains Wagamama and Frankie & Benny’s has warned that consumer confidence may take a while to bounce back even after Plan B restrictions are lifted.Sales at The Restaurant Group last month were hit by working from home guidance, calls for caution in socialising and increased travel testing requirements, the company revealed …

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