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Energy Central passes major milestone as North Sea Link becomes operational
The Energy Central cluster in Northumberland has passed a major milestone following the completion of the world’s longest subsea electricity link, connecting the North East and Norway. Energy Central – a partnership between Advance Northumberland, Port of Blyth, Northumberland County Council and the Offshore Renewable Energy (ORE) Catapult – says Blyth is now home to …
Business
Sky News
Why fear of growth setback has spooked investors
News of a potentially fast-spreading new coronavirus variant has already triggered a violent reaction on markets and in a number of different asset classes.While much attention has naturally alighted on equity markets, with big falls in the FTSE-100 and continental European indices such as the DAX in Germany and the CAC-40 in France, probably the …
Business
Evening Standard
Brokers share rise on chance of second retail investor boom
IT was a grim day on the markets, but traders looking for bargains found themselves eyeing up the shares of the firms they work for.Last year’s lockdown saw a surge in new punters buying stocks. Account opening rocketed at Hargreaves Lansdown, IG and CMC Markets as a new breed of investor decided to try their …
Business
Evening Standard
“If you are never in the office, you won’t make it around here” — BT boss Philip Jansen
On the campaign trail in June 2019 Boris Johnson said in his usual off the cuff way that he wanted ultra-fast broadband in every UK home by 2025.For watchers of BT what happened next was striking. New CEO Philip Jansen responded: “We’re up for it.”The old BT would have mumbled about costs, shareholder value and …
Business
Euro News
Bitcoin price drops amid fears of the new B.1.1.529 ‘Omicron’ COVID variant. Here’s why
Business
Sky News
Google blinks first in 11-month privacy showdown with UK regulator
The UK markets watchdog said on Friday it had secured additional commitments from Google in its 11-month-long tussle over the technology giant’s privacy plans.In January, the Competitions and Markets Authority (CMA) launched an investigation in to Google’s plans to remove third-party tracking cookies from Chrome, the most used desktop web browser in the world. The …
Business
Sky News
Tube strike under way – with more action planned in run-up to Christmas
London Underground drivers have gone on strike, causing disruption to the capital during Black Friday sales with more action planned in the run-up to Christmas.The Central, Jubilee, Northern, Piccadilly and Victoria lines were all affected from the early hours of the morning. More disruption is planned to take place on Saturday night with the restarting …
Business
Sky News
Lenders score own goal with collapse of sports broadcaster Arena
Some of Britain’s biggest lenders are facing sizeable losses from the sudden collapse of Arena Television, a provider of outside broadcast services at sporting events including the Wimbledon tennis championships.Sky News has learnt that banks including Close Brothers, HSBC and Shawbrook had all taken on significant financial exposure to the company, which fell into insolvency …
Business
Business Live
Urban Splash gives update on restoration of Plymouth’s Grade 1 listed Melville building
The first phase of the restoration of Plymouth’s Grade 1 listed Melville building is scheduled to be completed by mid-2022 with new occupiers lining up to join restaurant Hub Box and the Everyman cinema. Bosses at Urban Splash, the regeneration specialist which has been developing Plymouth’s Royal William Yard for nearly 20 years, said work …
Business
Business Live
Belfast watchmaker backs high street with first retail space opening
A high end Northern Ireland watchmaker has helped restore faith in the high street with the opening if its first retail space in south Belfast. Enoksen Watches, which has been operating online for the last three years, has invested £75,000 in a showroom and workshop at Aisling House in Stranmillis. It will allow customers to …
Business
Business Live
City backs green jet fuel development as Velocys secures £25m investment
Green jet fuel refinery developer Velocys has secured the £25 million it was seeking from the City in order to deliver its next stage work. A total of 312.5 million shares have conditionally been placed after they were opened up as the market closed on Thursday. Within hours the bookbuild was complete, with the process …
Business
Business Live
County Down financial advice firm invests £1M in expansion to Manchester
A Newtownards financial services firm has invested £1 million in growing its business near Manchester. Milecross Financial will offer financial advice services through three Yorkshire Building Society agencies in Wigan, Wilmslow and Littleborough. It will also be great a new regional head office in Heywood to service its advisors and has plans in place for …

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