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Evening Standard
Greenland miner could offer solution to the precious metals crisis
Even if you don’t invest in precious metals your life wouldn’t be the same without them.Your alarm clock, mobile phone, watch, laptop, iPad, washing machine, dishwasher or car simply would not work.The problem is that the metals are scarce and demand is rapidly increasing with global demand for electronic consumables booming.Worryingly, China was early to …
Business
Euro News
UAE cuts working week to 4.5 days to improve work-life balance and competitiveness
Business
Euro News
United Arab Emirates cuts work week to 4.5 days to improve work-life balance and competitiveness
Business
Sky News
Asda joins Tesco in facing strike threat ahead of key Christmas season
Asda has joined Tesco, its biggest rival, in facing the prospect of strike action ahead of the key Christmas trading season.The GMB union said it was launching a consultative ballot – due to close on 20 December – over the supermarket chain’s decision not to give distribution staff a “meaningful” pay offer. It added that …
Business
Evening Standard
Soaring house and jobs market ups pressure on Bank of England
FIRM evidence that the economy was performing strongly before the emergence of the Omicron variant emerged today, giving Bank of England policy makers another headache.The Bank is weighing up whether it dare put up interest rates to head-off soaring inflation. It remains concerned that doing so would hit the economic recovery.Today there were strong signals …
Business
Sky News
House prices rising at fastest pace in 15 years on quarterly basis, says Halifax
House prices are rising at the fastest pace for 15 years on a rolling quarterly basis, according to latest figures from Halifax.The rise of 3.4% in the three months to November was the strongest since late 2006, the lender said. Growth has been driven by a shortage of properties for sale, a strong jobs market …
Business
Sky News
Taxpayers could face higher bills after £11bn waste management merger, watchdog warns
The competition regulator has threatened to intervene in an £11bn merger between two French companies over fears it could lead to higher bills for UK councils and taxpayers.The Competition and Markets Authority (CMA) said the tie-up between Veolia and Suez – which was agreed earlier this year – could lead to a loss of competition …
Business
Sky News
Energy networks boss partly blames ‘wind direction’ after thousands cut off by storm
The head of a select committee has reacted with incredulity after an energy boss blamed the way the wind blew for exacerbating problems caused by a devastating storm that cut off supplies to parts of the UK.Paul McGimpsey, director of regulation at the Energy Networks Association (ENA), told MPs on the business energy and industrial …
Business
Euro News
Ukraine’s new crypto law could make it a trading hub. Some would rather it stayed in the shadows
Business
Evening Standard
Pento: London payroll startup led by 28-year-old raises $35 million in round led by New York-based VCs
A 28-year-old founder today hailed the London tech scene’s influx of American capital as he raised $35 million (£26.4 million) for his payroll startup. Jonas Bøgh Larsen launched Westminster-based Pento with co-founder Emil Hagbarth Rasmussen, 31, in 2017. Their startup fully automates the payroll process for a monthly fee, eliminating need for outsourcing to accountants. …
Business
Sky News
UAE to move to Western-style Monday to Friday working week
The United Arab Emirates is to officially introduce a Western-style Monday to Friday working week.Like many Islamic countries, it currently has a Sunday to Thursday week – with Friday and Saturday as the days off. The change begins next month and affects emirates including Abu Dhabi and the tourism hotspot of Dubai, both home to …
Business
Business Live
Flybe appoints Assured Aviation Services for Birmingham Airport brief
Budget airline Flybe has appointed Assured Aviation Services as its new ground handling partner at Birmingham Airport, creating 100 new jobs. The Warwickshire-based company will provide full ground handling services for the airline including passenger, baggage, cargo and ramp handling and aircraft cleaning. Part of the Assured Group, Assured Aviation Services currently operates from Gatwick, …

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