Latest Stories All Stories

Business
Sky News
Purplebricks to set aside millions to cover blunder affecting lettings business tenants
Purplebricks, the online estate agency, has revealed that it expects to make a provision of millions of pounds to cover an apparent blunder in its lettings management business.The company said on Monday that it was finalising the amount it was to set aside to cover tenant claims, though its early estimates suggested a potential financial …
Business
Sky News
UK workers facing ‘worst Christmas wage squeeze in almost a decade’
Working households are facing the worst Christmas wage squeeze in almost a decade, according to a report by the TUC.The union organisation demanded the government deliver a “proper plan to get pay packets rising“, arguing that pressure on budgets from soaring bills and falls in wages were only set to intensify in the months ahead. …
Business
Sky News
Walmart-backed Symbotic finalises £3.3bn SoftBank SPAC merger
A robotics and automation company backed by Walmart, America’s biggest grocery retailer, is finalising plans for a $4.5bn (£3.3bn) merger with a “blank cheque” company created by the Japanese technology giant SoftBank.Sky News has learnt that Symbotic is within days of concluding a combination with SVF Investment Corp 3, a New York-listed special purpose acquisition …
Business
Sky News
Fund manager Jupiter hires bankers to draw up £1.5bn bid defence plan
Jupiter, one of Britain’s best-known fund managers, is on alert for a takeover approach amid a frenzy of dealmaking activity across the global asset management industry.Sky News has learnt that Jupiter’s board, which is chaired by Nichola Pease, has hired the advisory firm Robey Warshaw to fortify its defences against a potential bid. City sources …
Business
Business Live
ADVERTORIAL: Are you ready for the next phase of Brexit rules from Jan 1, 2022? Here’s what you need to know
The UK has left the EU, which could mean changes for your business. As we build a new relationship with our European partners, there are planned phased changes to the import of goods, including customs declarations and border checks. If your business imports or exports goods to or from the EU, it’s essential you understand …
Business
Sky News
Future of LV= thrown into confusion after member vote for £530m takeover by Bain Capital falls short
The future of LV= was thrown into confusion this evening when members of the UK’s second largest mutual life insurer narrowly rejected a takeover by private equity group Bain Capital.The board of LV=, which was formerly known as Liverpool Victoria, had urged its 1.16 million members to support the £530million takeover. However, with 75% of those …
Business
Business Live
How face mask guidance will change for pubs, restaurants and cafes in Wales from tomorrow
Welsh Government’s latest 21-day review did not bring any additional rules in for businesses in Wales but there were warnings about the risk from the omicorn variant, guidance changes, and plans for more frequent updates. The Government didn’t expand Covid passes to pubs, cafes and restaurants but has changed the guidance from tomorrow on mask …
Business
Business Live
Sale of LV= to Bain Capital off after mutual’s members fail to back £530m deal
The proposed £530m sale of insurer LV= to US private equity firm Bain Capital is off after the mutual’s members failed to vote through the deal. Around 1.1 million policyholders voted following a general meeting at the company’s head office in Bournemouth, with 69.4% approving the plans – short of the 75% required for it …
Business
Euro News
Meta takes its first step in making the metaverse real with Horizon Worlds app
Business
Business Live
Ardent invests £11m in two northern logistics acquisitions
US real estate investor Ardent has completed an £11m double acquisition in the northern logistics sector. Properties spanning almost 300,000 sq ft have been bought from Alliance Property Group in Pickering, North Yorkshire, and Peterlee, County Durham. It takes the portfolio to 1.7 million sq ft across 14 strategic locations in the UK. Read more:2,000 …
Business
Business Live
How Covid has hit the young and the old in the workplace
Recent research from the office for National Statistics showed that while the impact of the Covid-19 pandemic had been greatest for younger workers, those older workers aged 50 and above have also been affected and to a greater extent than those in middle age. For example, employment for older workers was at a record high …
Business
Evening Standard
Hundreds of workers at London’s 90-year-old Ford Dagenham plant win pay rise amid tight labour market
Hundreds of workers at the famous 90-year-old Ford Dagenham plant in east London have won a pay rise in the latest example of workers securing wage hikes in a tight labour market. The factory built iconic vehicles, from Model Y to Zephyr and Fiesta, and now makes hi-tech Transit Custom diesel engines. October marked 90 …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources