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Sky News
Online post-Christmas sales shopping to increase but people to spend more, survey finds
People are expected to do more post-Christmas sales shopping online but spend more in previous years, a survey has found.Shoppers plan to spend on average of £247 each in the end-of-year sales, an increase of £85 on last year and £61 more than in 2019, in a reassuring sign for online retailers, according to Barclaycard …
Business
Sky News
Premier League faces new boardroom upheaval as Beeston quits
The Premier League is facing a fresh bout of boardroom upheaval with the resignation of its longest-serving independent director amid the COVID-induced chaos that has hit the top flight of English football.Sky News has learnt that Kevin Beeston, who joined the Premier League board in 2015, has informed colleagues that he plans to step down …
Business
Evening Standard
Aquis Exchange: The challenger stock market looking to shake-up the City
Aquis is a challenger stock market based in London. It is home to everyone from historic brewer Shepherd Neame to music management company ATC. CEO Alasdair Haynes talks about how the company is taking on AIM, why it has banned short selling, and why entrepreneurs should consider his business when going public.What is Aquis?First and …
Business
Sky News
City centre shoppers stay away on Christmas Eve amid fears over Omicron
Central London saw the biggest drop in footfall of anywhere in the country as concerns about the spread of the Omicron variant kept shoppers at home.The number of shoppers in the capital was 30.3% lower on the morning of Christmas Eve than it was on the previous Friday, new data from Springboard has shown. A …
Business
Business Live
Development bank boss should have disclosed investment in Welsh firm he chairs says Plaid Cymru
Chief executive of the Development Bank of Wales, Giles Thorley, didn’t disclose to his board and the Welsh Government that his appointment as chairman of Zip World also had a condition of him having to invest in a personal capacity. While the development bank doesn’t require staff to declare investments made in a personal capacity, …
Business
Business Live
The latest appointments in Welsh business
Housing association United Welsh has appointed Richard Mann as its new group chief executive. Caerphilly-based United Welsh currently provides more than 6,300 homes across south Wales and plans to build 1,300 more in the next five years. Mr Mann, currently the housing association’s deputy chief executive and group director of operations, will take over the …
Business
Business Live
Further lockdowns are major concern for High Street, says CEO of Fenwick
The chief executive of North East department store chain Fenwick says Government support will be needed to help the retail sector if further lockdowns are imposed. The Newcastle-headquartered family firm, which has nine stores around the UK including its flagship Newcastle city centre site, announced in its accounts in September that the pandemic had created …
Business
Business Live
Business Secretary set to hold ’emergency’ meetings with energy bosses
The Government will reportedly hold “emergency” meetings with energy industry bosses to address rapidly rising wholesale gas prices. Business Secretary Kwasi Kwarteng will meet with chief executives of major suppliers on Monday, December 27 reports The Times , which suggests that bosses are likely to ask for tax cuts and the relaxation of green levies. …
Business
Euro News
What is Web3, is it the new phase of the Internet and why are Elon Musk and Jack Dorsey against it?
Business
Euro News
What is Web3 and why is Jack Dorsey attacking the ‘next phase of the internet’?
Business
Sky News
Northern Powerhouse fund secures big-name investors as it builds top team
The university spin-out venture chaired by Lord O’Neill, the former Treasury minister and Goldman Sachs economist, has secured backing from a syndicate of City investment giants.Sky News has learnt that funds managed by M&G Investments, Lansdowne Partners and Columbia Threadneedle are to invest in Northern Gritstone, a collaboration between the universities of Leeds, Manchester and …
Business
Sky News
Northern Gritstone secures £215m in backing for university spin-out deals
The university spin-out venture chaired by Lord O’Neill, the former Treasury minister and Goldman Sachs economist, has secured backing from a pair of large local authority pension funds as part of an initial £215m fundraising.Sky News understands that the Greater Manchester Pension Fund and West Yorkshire Pension Fund have joined a string of major institutional …

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