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Sky News
High street banks commit to cash access guarantee amid branch closures row
Britain’s biggest high street banks will next week unveil a venture guaranteeing access to cash amid a furore over the closure of thousands of branches across Britain.Sky News has learned that lenders including Barclays, Lloyds Banking Group and NatWest Group have agreed to fund the joint provision of cash services in communities which face being …
Business
Sky News
US inflation surges to highest level since 1982
US inflation has hit a 39-year high in the latest sign of a cost of living squeeze for consumers in the world’s biggest economy.Figures from America’s Bureau of Labor Statistics (BLS) showed consumer price index (CPI) inflation hit 6.8% last month, the biggest year-on-year surge in prices since June 1982. The reading, which was in …
Business
Evening Standard
Covid: £500million Plan B blow to London’s economy each month
City forecasters on Friday warned that the Plan B round of Covid restrictions ordered by Boris Johnson will hit the still fragile London economy by up to £500 million a month.Fearful business leaders have denounced the measures — which include new work from home guidance and compulsory vaccine passports for entry to nightclubs — as …
Business
Euro News
US data giant Palantir is on a mission to seduce France’s start-ups
Business
Sky News
Work on controversial Cambo oil field halted after Shell pull-out
The company behind the controversial Cambo oil field has said work on the project is being paused – after oil giant Shell pulled out last week.Siccar Point, which owns 70% of the North Sea project off Shetland, said it would now “evaluate next steps”. The project has become a focal point for campaigners seeking to …
Business
Sky News
Boots puts for sale sign above Aromatherapy Associates
Boots is putting one of its best-known personal care brands up for sale, even as Britain’s biggest high street chemist itself faces being taken over in 2022.Sky News understands that Boots is preparing to sound out potential bidders for Aromatherapy Associates, which it bought in 2014. The deal does not involve the retailer’s other wholly …
Business
Business Live
Value of exports from Welsh manufacturers to exceed £9bn this year
Manufacturing exporters in Wales will generate sales of £9.3bn this year, according to a new study from Barclays Corporate Banking. It also highlights that if manufacturers who don’t currently export but realise plans to do so from next year, the amount could reach £10.1bn (in today’s prices so not accounting for inflation) by 2030. The …
Business
Business Live
Christmas Market to continue despite Plan B Covid rules
Nottingham’s outdoor Christmas Market will continue as usual despite the Government’s Plan B Covid restrictions. Nottingham City Council said the Old Market Square attraction will not be impacted despite a raft of new government measures to slow the spread of the Omicron variant. The changes include Covid passports for football stadiums, nightclubs and other venues …
Business
Business Live
The £1m fund to support 500 unemployed people and NEETs to set up in business
A £1m fund to support up to 500 unemployed people and youngsters not in education, employment or training (NEETs) to start their own businesses has been announced by the Welsh Government. This discretionary grant will provide financial assistance of up to £2,000 for 400 individuals who have faced barriers to starting up a business, and …
Business
Business Live
Devon paddleboard firm sold after seeing sales hit £20m
A £20m-turnover Devon paddleboard business that sells products worldwide has been sold to an investment company. Growth equity investor Gresham House Ventures has sold its stake in Vian Marketing, the holding company of leading paddleboard brand Red Paddle Co. The Totnes-based business, which has annual sales of more than £20m, sells through the brands Red …
Business
Evening Standard
Hilton Food Group to enter US for first time as it snaps up smoked salmon producer Foppen
Meat packer Hilton Food Group today revealed it is to snap up smoked salmon giant Dutch Seafood Company (Foppen) for for €90 million (£76.9 million) in a move that will see the FTSE 250 firm enter the US for the first time. Hilton, which processes and packages meat for supermarkets including Tesco, said it plans …
Business
Business Live
Eight Northern Ireland names make list of fastest-growing technology companies
A total of eight Northern Ireland companies have made it onto an influential list of the fastest-growing technology firms on the island of Ireland. SciLeads, Foods Connected, Datactics, Totalmobile, Instil Software, AquaQ Analytics, PlotBox and Decision Time were all named on the Deloitte Technology Fast 50. It ranks the 50 fastest growing technology companies across …

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