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07.01.2022 - 10:05
Business
Business Live
SPONSORED: Cambridgeshire business has no doubt award win contributed to success
Free marketing, valuable exposure and increased credibility. Your business could thrive with one simple entry to the CambridgeshireLive Business Awards 2022. From pioneering start-ups to local powerhouses, these awards celebrate Cambridgeshire’s finest talent – and that includes you. It’s been a difficult time for everyone, so why not boost team morale with a special event …
07.01.2022 - 09:53
Business
Business Weekly
PetMedix agrees animal antibody discovery alliance with US giant
Animal health is set for a dramatic transformation thanks to a transatlantic collaboration between PetMedix in Cambridge and global leader Zoetis, anchored in New Jersey. The tie-up is designed to develop novel, fully species-specific companion animal monoclonal antibody therapeutics (mAbs) using PetMedix’s proprietary transgenic platforms. PetMedix will undertake discovery activities against a number of key …
07.01.2022 - 09:53
Business
Business Live
Covid jab services boosts sales at Boots’ US owner
Boots owner Walgreens Boots Alliance (WBA) said it did better in the three months to November than it had expected, helped by offering Covid-19 jabs. The US pharmacy group said it was significantly boosted by vaccinations and testing across sites as well as higher flu vaccinations. The group – which owns Nottingham headquartered Boots – …
07.01.2022 - 08:18
Business
Sky News
House price growth at 17-year high but set to ‘slow considerably’ this year says Halifax
Annual house price growth hit a 17-year high as the market “defied expectations” in 2021 – but is likely to slow considerably in the coming year, Halifax said.The 9.8% year-on-year increase for December was the biggest since July 2007 and represented the strongest calendar year growth since 2004, according to the lender. It is the …
07.01.2022 - 06:34
Business
Sky News
‘It’s totally unsustainable for us’: Rise in energy costs ‘daunting’ for struggling families
When energy prices rise Natasha and Gary Waterhouse notice.In the last four years their lives have been turned upside down. Shortly after they were married Natasha had to have a tumour removed from her spinal column which damaged nerves and left her mobility compromised. Image: Energy bills have been rising She had to stop working …
06.01.2022 - 16:41
Business
Sky News
Demands for COVID wage uplift to reduce gulf between workers and executives
Unions and fair pay campaigners are demanding a recognition of UK workers’ contribution to the UK during the coronavirus pandemic as the annual “high pay day” arrives – albeit a day later than usual.The High Pay Centre said 9am on Friday would mark the time when the median FTSE 100 chief executive (CEO) would have …
06.01.2022 - 15:19
Business
Sky News
SoftBank orders $100m slice of meal-kit delivery firm Gousto
The world’s largest technology investor has bought a $100m stake in Gousto, the British meal-kit subscription service.Sky News has learnt that SoftBank’s Vision Fund II struck a deal in recent weeks to invest in Gousto, which marks its tenth birthday this year. Sources said the deal could be announced imminently.If successfully completed, it would be …
06.01.2022 - 14:30
Business
Sky News
Leap in interest for holidays as COVID testing restrictions are relaxed
The scrapping of pre-departure coronavirus testing for people arriving in the UK has resulted in a leap in interest in international travel, companies have reported.The measure, which was introduced in the run-up to Christmas to combat the Omicron variant, will be withdrawn from 4am on Friday across the UK now Scotland has decided to follow …
06.01.2022 - 11:43
Business
Sky News
Arnold takes reins as Manchester United chief executive
Manchester United Football Club has finally confirmed the appointment of Richard Arnold as its new boss more than eight months after announcing the departure of veteran chief Ed Woodward.The Premier League side said on Thursday that Mr Arnold, its group managing director, would become chief executive on 1 February. Mr Woodward, who announced that he …
06.01.2022 - 11:21
Business
Business Weekly
US sale could earn Cambridge inkjet pioneer up to $28.5m
Global Inkjet Systems in Cambridge has been acquired by Florida-based Nano Dimension for $18 million cash. The Nasdaq-quoted acquirer says it will additionally pay between $1.3m and $10.5m within the next 27 months if the St John’s Innovation Park company hits certain financial targets. It looks like GIS will stay in Cambridge and hook into …
06.01.2022 - 11:21
Business
Sky News
One in five work from home and hairdressers, hotels and restaurants see surge in cancellations
A surge in working from home and a rise in cancellations for hairdressers and restaurants took place last month as fears over the Omicron variant and Plan B rules took hold, new data shows.Figures from the Office for National Statistics (ONS) showed 21% of working adults said they had worked exclusively from home, when surveyed …
06.01.2022 - 10:45
Business
Evening Standard
Bowling group Ten Entertainment sees second biggest ever trading week over New Year despite Omicron
The boss of Ten Entertainment has revealed his bowling alley group registered its second biggest ever trading week over New Year as families headed out after Christmas undeterred by the Omicron variant. Graham Blackwell told the Standard the operator had seen a softening in sales in the lead up to Christmas as corporates cancelled mid-week …
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