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09.12.2021 - 10:10
Business
Business Live
Tesco wants to put cash machine into planned Plymouth supermarket
Britain’s biggest retailer wants to install a cash machine at a Tesco Express it is planning to open at Plymouth’s multi-million pound Mount Wise regeneration. The supermarket giant has submitted a series of planning applications for the unit currently used as a sales office at the former naval base. It is asking for permission to …
09.12.2021 - 09:50
Business
Business Live
Return to half-year pre-tax profit for commercial law firm DWF
Manchester-headquartered commercial law firm DWF has returned to making a half-year pre-tax profit, new figures have revealed. The listed company has reported a profit of £11m for the six months to the end of October 2021, up from a loss of £11m during the same period in 2020. The firm’s revenue also increased from £196m …
09.12.2021 - 09:42
Business
Business Live
Nottingham tech firm Ideagen raises more than £100m for global acquisitions
A business software specialist has raised more than £100 million to put into acquisitions and future growth. Nottingham-based global tech firm Ideagen Plc has raised £103.5 million through an ordinary shares placement to build on 12 years of sales and profit growth. The business provides global software and services to more than 7,500 customers in …
09.12.2021 - 09:38
Business
Business Live
Social Chain confirms revenue rise ‘despite difficult market conditions’
Social Chain, which was founded in Manchester by Steven Bartlett and Dominic McGregor, has confirmed its revenue will hit €620m by the end of 2021. The company has said the forecast has been confirmed “despite difficult market conditions” in the fourth quarter of its financial year. The business added that its current order book is …
09.12.2021 - 08:29
Business
Sky News
Frasers Group warns of COVID ‘shadow of uncertainty’ and cost of living squeeze
The owner of House of Fraser and Sports Direct has warned of a “shadow of uncertainty” cast by latest COVID-19 fears as well as the potential impact of a cost of living squeeze on consumers.Frasers Group reported a sharp rise in half-year sales and profits compared to a period last year affected by lockdown restrictions. …
08.12.2021 - 14:19
Business
Sky News
Pound falls and leisure sector hopes punctured on Plan B reports
The prospect of new Plan B COVID-19 restrictions for England has sent the pound to a one-year low and stirred dismay in the leisure and travel sectors.Sterling dropped below $1.32 against the US dollar to its lowest level since December last year at one point while the UK currency also slid against the euro though …
08.12.2021 - 14:11
Business
Evening Standard
From World Cup to London buses: Former Nigerian international Rachael Aladi Ayegba now drives the 185
THERE is a national shortage of bus drivers that is forcing people into cars and clogging up the roads, the industry warns.Help to ease this crisis comes from an unlikely source: the former goalkeeper of the Nigerian national football team.Rachael Aladi Ayegba played in the 2007 Women’s World Cup, the 2006 and 2008 African Women’s …
08.12.2021 - 14:03
Business
Sky News
Ofgem ‘inaction on unfit energy suppliers leaves households with £2.6bn bill’
The energy regulator Ofgem has been accused of sleepwalking into the price crisis that has seen a third of the UK’s household suppliers collapse, with a charity warning of a £2.6bn bill to be footed by consumers.Citizens Advice said analysis of the cost of the 26 corporate failures to date, which forced millions of customers …
08.12.2021 - 13:00
Business
Sky News
Dyson fury: Firm loses fight for £150m compensation over flawed EU energy labelling rules
Dyson, the UK firm behind bagless vacuum cleaners, has reacted angrily after it lost a bid for compensation for alleged losses after a European court victory for the company over EU energy labelling rules.The system was scrapped in 2018 after Dyson won a ruling that the labelling requirements imposed by the European Commission on vacuum …
08.12.2021 - 12:36
Business
Sky News
Centrica marks further UK shift away from oil through sale of Norwegian assets
Almost daily now there is evidence of oil and gas companies seeking to pivot away from fossil fuels or, at the very least, de-emphasise their activities in the sector.Last week brought news that Shell is abandoning its involvement in Cambo, a major new oilfield in the North Sea, although it insisted the move had no …
08.12.2021 - 11:46
Business
Evening Standard
Plan B: Pub and travel shares hit after reports of fresh Covid rules
TRAVEL, leisure and pub shares are taking a hammering following a report that the public face new restrictions in an attempt to curb the spread of the Omicron coronavirus variant.The FT is reporting that three senior Whitehall officials have briefed that the government has decided to implement the “Plan B” restrictions, including the order to …
08.12.2021 - 11:20
Business
Sky News
Johnson to hold final business council summit with bosses amid ‘party crisis’
Boris Johnson is scheduled to hold talks with some of Britain’s most prominent business leaders on Wednesday as the crisis deepens over social events held in Downing Street last Christmas.Sky News has learnt that chief executives from companies including BP, British Airways and BT Group are expected to meet the prime minister for the final …
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