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‘One of the biggest days’: £700m contracts for offshore Scottish wind farm projects awarded
Contracts worth almost £700 million for new offshore wind farms along Scotland’s coasts is “one of the biggest, most significant days” in the nation’s energy and industrial future, Nicola Sturgeon has told Sky News.The first minister said it was “really exciting” as it was announced 17 projects had been awarded contracts for the leasing of …
Business
Evening Standard
Antonio Horta-Osorio: The Swiss knife always loomed for former Lloyds Bank boss at Credit Suisse
Antonio Horta-Osorio just had to go. A breach of Covid rules, including attending Wimbledon, is a bad look for a chairman, especially one trying to turn around a scandal torn bank.He goes, as they say, with immediate effect. Politicians might take note of this, but they won’t.This issue aside, it is tempting to think that …
Business
Sky News
Households facing ‘fuel stress’ set to triple as energy bills surge, think-tank warns
The number of households suffering “fuel stress” because they spend 10% or more of their budget on energy bills looks set to triple to 6.3 million, according to a think-tank.Bills for customers on standard tariffs are in line to rise sharply from April when a new price cap – expected to be increased by 50%, …
Business
Business Live
JD Sports and Monsoon software firm expands office at city centre landmark
A software company, whose clients include JD Sports, Monsoon and Ellis Brigham, has agreed to take extra space in a Manchester city centre landmark. Pimblery has let an additional 5,958 sq ft across the eighth and ninth floors at St James’s Tower following an agreement with OBI. The software-as-a-service (SaaS) company has made the move …
Business
Sky News
Amazon to continue accepting Visa credit cards in UK as it bids to resolve payment dispute
Amazon has announced that it will not stop accepting Visa credit cards for UK payments later this week as had been planned as the two companies seek to resolve a dispute.In an email to customers, the online retailer said it was “working closely with Visa on a potential solution”. The move had been due to …
Business
Sky News
Amazon halts plan to stop accepting Visa credit cards in UK just two days before deadline
Amazon has announced that it will not stop accepting Visa credit cards for UK payments later this week as had been planned as the two companies seek to resolve a dispute.In an email to customers, the online retailer said it was “working closely with Visa on a potential solution”. The move had been due to …
Business
Business Live
Venture capital firm opens office in former Rover’s Return set
A venture capital business has opened a new office in Manchester city centre in a building once used for the interior of Coronation Street’s Rover’s Return. DSW Ventures, which is part of the Dow Schofield Watts network, has taken space in the city’s historic Bonded Warehouse – which was also previously home to the L&NW …
Business
Business Live
Five South West companies float on stock market in 2021
Hundreds of millions of pounds were raised by South West companies listing on the stock exchange in 2021, a new report has found. A total of five firms across the region announced initial public offerings (IPOs) or entry to the alternative investment market (AIM) last year. According to the report by EY, among the largest …
Business
Business Live
Growing haulage group eyes £100m turnover after pair of acquisitions
One of the North West’s largest import/export and haulage groups is now eyeing a turnover of £100m after completing the acquisitions to two counterparts. Burnley-based EFS Global has snapped up Gees Haulage, which is located in Wakefield, and Gateshead-based Tyneside Express Transport. As a result of the deals, 235 vehicles – including trailers – and …
Business
Business Live
New owners of historic Howells building in Cardiff unveil £100m transformation plans
The landmark Howells building in the centre of Cardiff has a new owner with plan to transform it into a £100m new mixed-use destination. Real estate investment, development and asset management firm, Thackeray Group, have acquired the 275,000 sq ft Victorian building, which occupies a prime 1.7-acre site, out of receivership. The value of the …
Business
Sky News
Unilever shares fall as it defends £50bn approach for GSK’s Aquafresh to Panadol consumer arm
Shares in consumer goods giant Unilever have fallen after it defended its £50bn takeover approach for the consumer healthcare arm of GlaxoSmithKline (GSK), describing the business as a “strong strategic fit”.The group, whose products range from Domestos bleach and Dove soap to Marmite and Hellman’s mayonnaise, said the GSK deal would help it beef up …
Business
Sky News
China posts 8.1% growth for 2021 but slowdown signs persist
China’s economy grew by 8.1% in 2021 as it rebounded from a coronavirus-driven slump – but there were signs it was stuttering as the year drew to a close.Official figures showed the quarter-on-quarter pace of growth picked up a bit in the last three months of the year to 1.6% after a third quarter when …

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