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Sky News
Ministers sign off compensation for postmasters hit by IT scandal
Ministers have signed off on a compensation scheme for postmasters who were wrongfully convicted of theft and fraud in one of Britain’s biggest miscarriages of justice.Sky News has learnt that the government will confirm as soon as Tuesday that it has agreed the terms of a programme to award financial payouts to hundreds of Post …
Business
Sky News
Wetherspoons warns of ‘lockdown by stealth’ as new COVID rules hit profits
Wetherspoons has warned of a profits hit as tightening COVID restrictions and calls for even tougher measures “affect customer sentiment and trade”.The pub chain said its six-month results “may be loss-making or marginally profitable” as Britain appeared to be heading for “lockdown by stealth”. Wetherspoons had already warned last month that some cautious older drinkers …
Business
Sky News
Peloton performs smart stunt to offset Sex And The City ad PR disaster
It looks like one of the smartest turnarounds of a project in advertising history.Warning: A spoiler containing the name of the Sex And The City character who dies appears shortly. Shares of Peloton Interactive, the interactive fitness platform provider, plunged by 11.3% on Thursday and a further 5.4% on Friday – a cumulative decline of …
Business
Evening Standard
VSA Capital CEO: Don’t work in the City of London if you don’t like long hours
A veteran City of London boss says would-be traders should be prepared to keep coming into the office and working long hours, despite the new vogue for flexible working.Andrew Monk, CEO of VSA Capital, said flexible working “wouldn’t end well” for City firms like his.He told the BBC’s Today programme: “If that’s the sort of …
Business
Sky News
‘Potential for damage incalculable’: Experts sound alarm over cyber vulnerability in widely used software
Security experts are sounding the alarm over a newly discovered software vulnerability, and organisations have been advised to “urgently” check whether it leaves them exposed to hackers.Alerts have been issued by the British and American governments as a growing number of hacking groups – potentially including spies and organised criminals – are exploiting the vulnerability …
Business
Sky News
Deserted motorways and empty trains: WFH guidance has immediate impact on transport
After people were advised to work from home to tackle the “tidal wave” of Omicron cases – data has shown the government guidance has had an immediate impact on the roads and public transport.Commuters reported seeing fewer people on the roads and on buses and trains in England on Monday morning, with pictures showing deserted …
Business
Business Live
South West firms hike prices after ‘unprecedented’ rise in costs
South West businesses were forced to increase the price of goods and services in November amid rising cost pressures, according to new research. Despite growth remaining strong in the fourth quarter of the year, companies registered an “unprecedented” increase in labour, energy, transport and material costs, the latest NatWest PMI report found. The bank’s headline …
Business
Business Weekly
New Parkwalk fund targets £25m to back DeepTech
Parkwalk, the fast-growing investor in innovation, has launched a second £multimillion EIS fund approved by HMRC – this one to support DeepTech initiatives. The Knowledge Intensive EIS Fund II will target high growth IP-backed DeepTech businesses and follows the huge success of KI Fund I which was the largest KI fund in the market last …
Business
Business Live
First images inside L&G’s new headquarters in the centre of Cardiff
The first internal images of Legal & General’s new 120,000 sq ft headquarters in Cardiff have been revealed. The under construction building, which forms part of the Interchange scheme at the wider Central Square development in the centre of the city, will have capacity for 1,800 staff. While adopting a hybrid working model it will …
Business
Business Live
Dunelm chief finance officer Laura Carr leaving for pastures new
The chief financial officer at Dunelm Group has announced that she is leaving the business. Laura Carr said she is leaving the homewares giant, which has its national headquarters in Syston, in Leicestershire, for a new opportunity outside of retail and publicly listed companies. Ms Carr has been with the group for three years, having …
Business
Business Live
Old Sainsbury’s site earmarked for hundreds of new homes in £100m town centre scheme
A former Sainsbury’s site in Stockport town centre could be transformed into more than 560 apartments and town houses, according to newly-submitted plans. Amstone Ventures is behind the proposals for the land in Warren Street which would feature a mix of one, two and three-bedroom flats if approved. The development, called No.1 Knightsbridge, would reach …
Business
Business Live
Octavian Security UK on look out for 100s of security staff across central and southern England and Yorks
Management at an East Midlands-based security company say they hope to create hundreds of jobs as demand for its services grows. The team at Octavian Security UK, based in Bingham, Nottinghamshire, say they have won a number of big contracts in recent months. The business provides services including property guarding and alarm response, mobile patrols, …

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