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16.12.2021 - 11:57
Business
Euro News
Reddit files for IPO after a year of meme stock madness
16.12.2021 - 11:47
Business
Sky News
Bank of England opts for pre-Christmas interest rate hike despite Omicron fears
The Bank of England has announced a pre-Christmas interest rate hike from 0.1% to 0.25% despite fears over the economic impact of the Omicron variant.Officials have been under pressure to act with inflation at a ten-year high but many observers still thought the Bank would hold fire as the new wave of COVID-19 cases takes …
16.12.2021 - 11:47
Business
Sky News
Bank of England opts for pre-Christmas rate hike as it forecasts inflation surging to 6%
The Bank of England has announced a pre-Christmas interest rate hike from 0.1% to 0.25% as it forecast that inflation would surge to 6% next year.Officials have been under pressure to act with the CPI index of price rises already at a ten-year high but many observers still thought the Bank would hold fire due …
16.12.2021 - 11:41
Business
Evening Standard
Central London pubs to close doors by weekend as Omicron keeps office workers away
The boss of London‘s City Pub Group has revealed his venues in the City and other office-centred areas will close for Christmas early as the impact of work-from-home guidance and Omicron warnings has meant there is “no one around”. Clive Watson told the Standard his sites in Old Street and on the Strand would usually …
16.12.2021 - 11:32
Business
Sky News
UK growth slowest since February as Omicron restrictions bite
UK business growth has slumped to its weakest pace since February thanks to tighter restrictions and renewed uncertainty as the Omicron variant spreads, closely-watched survey data suggests.Travel and hospitality firms were particularly affected by a “negative impact” from the new rules, according to the monthly purchasing managers’ index (PMI) compiled by IHS Markit. It is …
16.12.2021 - 10:24
Business
Evening Standard
Domino’s Pizza Group shares surge after UK arm of takeaway giant ends years-long dispute with franchisees
Domino’s Pizza Group shares surged this morning as the UK arm of the takeaway giant revealed it has reached a deal with franchisees after a years-long row. Former chief executive David Wild stepped down amid the dispute which saw franchisees refuse to open new stores unless they received an increased share of the profits.Chief executive …
16.12.2021 - 09:57
Business
Business Live
South Gloucestershire business park opens following completion of work
A new business park in South Gloucestershire has opened following the completion of work on the site. Armstrong Business Park in Yate has already agreed the freehold sale of all six units at the park, which was built by Bristol-based development company Baylis Estates. The new occupiers are pressure gauge and instrument manufacturer and repairer …
16.12.2021 - 09:42
Business
Business Live
Housing association boss Lindsey Williams becomes 2022 president of East Midlands Chamber
The boss of one of the region’s biggest housing associations has been inducted as the new president of East Midlands Chamber of Commerce. Lindsey Williams, has been chief executive of Futures Housing Group for two decades, overseeing the management of more than 10,000 homes across Derbyshire, Nottinghamshire and Northamptonshire. She was inducted into the role …
16.12.2021 - 09:39
Business
Business Live
Online4baby benefits from online switch as it eyes sales of £100m
An online retailer of baby products is aiming to reach a turnover of £100m in the next three years after posting record results for 2021. Greater Manchester-headquartered Online4baby achieved a turnover of £40m over the last 12 months, up from £31.5m in 2020 and £14m in 2019. The company said it has benefitted from the …
16.12.2021 - 09:33
Business
Business Live
South West set for £15.5bn boost thanks to manufacturing exports
The South West’s economy is predicted to be boosted by £15.5bn in 2021 thanks to manufacturing exports, a new study has found. The research from Barclays Corporate Banking said manufacturers which don’t currently export but are planning to start selling products overseas could see the total soar to £16.2bn a year by 2030. The Export …
16.12.2021 - 09:15
Business
Business Live
£450m North East electric battery gigaplant steps up a gear as contractors are appointed
Contractors have been appointed to create the battery gigafactory at the heart of a £1bn North East electric vehicle revolution – and are already in talks with local firms to get them involved. The Wates Group and Turner & Townsend have been appointed by Envision AESC to lead the design and project management of the …
16.12.2021 - 08:22
Business
Sky News
British tourists to be banned from France amid rise in Omicron cases
British tourists are to be banned from France amid concern over the “extremely rapid” rise in Omicron COVID cases in the UK.From Saturday morning, France is barring travel to and from Britain without “compelling reasons”. Those reasons do not include tourism and business, Paris said.Whitty questioned by MPs on Omicron; a million could be isolating …
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