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New Klapcoin cryptocurrency aims to help French cinema find funding
Business
Sky News
Travel stocks help lead FTSE 100 higher in latest Omicron-driven market swing
Travel stocks have helped lead a FTSE 100 rally as the latest swing in sentiment over the Omicron variant saw global markets bounce higher.British Airways owner International Airlines Group, which suffered the steepest decline when stocks suffered a big sell-off last Friday, was among the biggest risers on the London blue-chip index on Wednesday, up …
Business
Evening Standard
Gymshark to open first ever bricks and mortar store on London’s Regent Street – with workout studios
Gymshark is to launch its first ever bricks-and-mortar store on Regent Street in the latest high profile signing for vacated space on London‘s prime shopping streets. The athleisure brand, founded by 29-year-old Ben Francis from his parents‘ house back in 2012, is an online hit recently valued at over £1 billion. Sales jumped more than …
Business
Sky News
Heathrow reopens Terminal 4 to process arrivals from COVID red list countries
Heathrow Airport has reopened its Terminal 4 building as a dedicated facility to process arrivals from countries on the UK’s coronavirus travel red list.The airport said its “safety first approach” was a response to the potential risks posed by the new Omicron variant, which prompted the government to bolster travel rules on Monday. It came …
Business
Sky News
Christmas shoppers warned about fake online reviews – here’s how to protect yourself
UK shoppers have been urged to look out for fake online reviews over the Christmas period. People across the country have bought an estimated 80 million items on the basis of positive online reviews only to be disappointed when they arrive, National Trading Standards (NTS) has said. It added that consumer trust in online reviews …
Business
Sky News
Bookings cancelled and plans changed as ‘chilling talk of Plan B’ hits hospitality sector
Business owners across the hospitality industry say COVID rule changes are already having a “chilling” impact on bookings.Many who have survived 20 months of lockdowns and restrictions as well as a “lost” Christmas last year, say a strong festive period this year is essential to their survival. Data from reservations website OpenTable also suggests that …
Business
Evening Standard
Property bubble fears grow as UK house prices surge 10%
UK house prices are soaring at 10% a year as fears of a property bubble grow and pressure on the Bank of England to raise borrowing costs increases.With the pandemic and the working-from-home phenomenon increasing the desirability of bricks and mortar some experts say house prices are a dangerous bubble that must one day pop.Today’s …
Business
Sky News
Energy crisis: Zog becomes 25th household supplier to crash and burn since September
Another household energy supplier has thrown in the towel as the industry grapples with the unprecedented surge in wholesale costs.Zog Energy, which has 11,700 households on its books, said via its website that it was ceasing to trade and advised customers that their gas and electricity supplies would not be affected. Under the industry regulator …
Business
Sky News
Help vaccinate poor countries or face more new COVID variant shocks, rich economies told
The world’s rich nations must help vaccinate the poorest nations or else they will face a continual cycle of economic shocks and restrictions in the face of new variants, the OECD’s chief economist has said.Laurence Boone told Sky News that the Omicron variant could cause the OECD (Organisation for Economic Co-operation and Development) to downgrade …
Business
Business Live
Loungers planning 13 new site openings as sales leap above pre-pandemic levels
Loungers has reported sales above pre-pandemic levels as customers returned to its chain of bars and restaurants following the easing of national lockdown restrictions earlier this year. In a set of half-year results published on Wednesday (December 1), the Bristol-founded group posted revenues of £102m in the six months to October 3. This was up …
Business
Business Live
Sales exceed pre-pandemic levels as Birmingham manufacturer wins string of new contracts
Sales have exceeded pre-covid levels after a Birmingham manufacturer secured a string of new contract wins. Grayson Thermal Systems – which specialises in the design and manufacturer of cooling, heating and air conditioning products for the transport sector – has secured more than £8 million of orders from customers including ABB, Solaris, Skoda and Wrightbus. …
Business
Business Live
Cornwall-based lender FOLK2FOLK receives £7M from British Business Investments
Cornwall-based finance firm FOLK2FOLK has received a £7m investment from the commercial arm of the British Business Bank. The marketplace lender for rural and regional SMEs received the commitment from British Business Investments (BBI), a wholly-owned commercial subsidiary within the British Business Bank group, the UK government’s economic development bank. Headquartered in Launceston, with offices …

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