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17.12.2021 - 10:24
Business
Business Live
Structure of £16m Northgate Yard leisure facility in Somerset completed
The structure of a forthcoming £16m leisure regeneration project in the centre of Bridgwater, Somerset has been completed. The final piece of steel has been installed on the roof of the 41.8ft high Northgate Yard development, which is being led and funded by Sedgemoor District Council, after work got underway earlier this year. Scheduled for …
17.12.2021 - 10:24
Business
Business Live
Birmingham’s ‘world first’ octagonal tower is bought by Singapore property firm in vote of confidence for city
Birmingham’s “world-first” octagonal tower block has been bought by a Singapore property firm in what property agents say is a massive vote of confidence in the city’s property market. City Developments Limited (CDL) has purchased and is developing the site of the 49-storey Octagon tower – billed as “the world’s tallest pure octagonal residential skyscraper”. …
17.12.2021 - 10:18
Business
Business Live
This Morning presenter Alison Hammond lands job on Gloucestershire farm
TV star Alison Hammond recently swapped the sofa on This Morning with Phillip Schofield and Holly Willoughby to spend the day milking cows at an organic milk farm in Gloucestershire. The presenter is featuring in a new television advert by NatWest and ITV offering support for businesses – and spent the day working on the …
17.12.2021 - 10:14
Business
Business Live
Developer behind £1bn Nottingham Island Quarter scheme issuing £10m of shares towards the project
The developer behind the £1 billion redevelopment of The Island Quarter in Nottingham is launching a share placing to raise £10 million towards the scheme. The Conygar Investment Company said it is issuing a placing of around 6.7 million new ordinary at 150 pence each. The overall 36 acre development is seen as a vital …
17.12.2021 - 07:36
Business
Sky News
Retail sales jump in November with Black Friday boost
Retail sales rose by 1.4% in November, lifted above their pre-pandemic level by an increase in sales at clothing stores and computer stores.Volumes were 7.2% higher last month than February 2020 levels, according to the latest data from the Office for National Statistics (ONS), indicating a bounce back from the lows of the pandemic. Non-food …
16.12.2021 - 16:42
Business
Sky News
The Bank of England has raised interest rates: What will it mean for you?
The Bank of England’s interest rate hike will add to monthly mortgage payments for millions of borrowers.Industry body UK Finance estimates that 26% of home loans are on variable rates, translating to around two million. Of those, some 850,000 have tracker deals directly linked to the Bank rate, whose monthly repayments will typically rise by …
16.12.2021 - 16:42
Business
Sky News
As the Bank of England hikes interest rates, what will it mean for you?
The Bank of England’s interest rate hike will add to monthly mortgage payments for millions of borrowers.Industry body UK Finance estimates that 26% of home loans are on variable rates, translating to around two million. Of those, some 850,000 have tracker deals directly linked to the Bank rate, whose monthly repayments will typically rise by …
16.12.2021 - 16:42
Business
Sky News
What the latest interest rate rise means for your finances – and what you should do next
The Bank of England’s latest interest rate hike will add to monthly mortgage payments for millions of borrowers, but provide some light relief for savers.Here we explain the effects of the latest rise on different groups, as households grapple with a growing collection of financial pressures linked to surging inflation and a looming tax rise. …
16.12.2021 - 16:42
Business
Sky News
How the latest interest rate rise affects your finances – and what you should do about it
The Bank of England’s latest interest rate hike will add to monthly mortgage payments for millions of borrowers, but provide some light relief for savers.Here’s how Britons will be affected – and what they can do next. How will mortgage borrowers be affected?Those who have variable mortgage rates can expect to pay more.Industry body UK …
16.12.2021 - 13:48
Business
Sky News
One small step for rates, a major watershed for Bank of England
Nothing, let’s face it, feels especially normal right now.The country facing record infection numbers in a pandemic which has already broken pretty much all precedents. The economy facing a crunch as people abandon restaurants and pubs.And all the while, the cost of living is rising to unfamiliar levels.And the Bank of England decision to raise …
16.12.2021 - 13:14
Business
Euro News
Google will dock pay and fire employees if they fail to comply with COVID vaccination policy
16.12.2021 - 12:51
Business
Evening Standard
Bank of England puts interest rates up from 0.1% to 0.25% as inflation soars
The Bank of England today put interest rates up from record lows, surprising many in the City who expected it to sit tight in the face of soaring Omicron cases.Borrowing costs will move from 0.1% to 0.25%, the Bank’s Monetary Policy Committee has ruled. The nine strong committee voted 8-1 in favour of the move. …
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