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Business Live
Wrexham AFC to serve up pie created by two famous local brands
Wrexham AFC are aiming for football’s “upper crust” thanks to their new Hollywood owners – and now they’ve got a pie to match. Two of the town’s food and drink industry titans have teamed up to create a steak and Wrexham Lager Pie that will be served up at the Racecourse to tantalise the taste …
Business
Business Live
LV= boss says only £530m Bain deal commits to saving South West offices and jobs
The chief executive of the mutual insurer LV= has said a controversial proposed £530m “takeover” by US investor Bain Capital is the only deal on the table that will protect about 1,000 jobs in the South West. Mark Hartigan, in an interview with Business Live in the South West, said Bain is the only prospective …
Business
Evening Standard
No winners in the bid for LV= but Bain Capital might be the best bet
On the sale of what I still think of as Liverpool Victoria, but which some marketing folk decided to call LV= back in 2007, there is not much to enjoy.Either a human facing business, around since 1843, is being sold off against the best interests of the policyholders who are also the owners (for now). …
Business
Sky News
Lidl plans for 1,100 stores by end of 2025 – creating 4,000 new jobs
Lidl has announced its latest expansion plans which will see it aim to reach 1,100 stores in Britain by the end of 2025.The German-owned discount supermarket said the new target, which builds on a previous goal to reach 1,000 sites by the end of 2023, would result in the creation of 4,000 jobs. Lidl said …
Business
Evening Standard
Tide opens up its app to customers of rivals in boost to open banking
TIDE, the finance app for business, is poised to attempt a major shake-up of the market by opening its services to non-account holders.The fintech firm, founded in 2015, is ready to let all small and medium sized firms connect their existing bank accounts to its platform. That means Barclays or Natwest customers, for instance, can …
Business
Evening Standard
Swedish VC firm Creandum – an early backer of Spotify and Depop – launches London office
Swedish venture capital firm Creandum, an early backer of household names Spotify, Depop and Klarna, is opening a London office as its partners see in the capital “more great founders and a more spirited market for talent than ever”.The fund already has offices in Stockholm, San Francisco and Berlin. Creandum’s global recruitment team and four …
Business
Sky News
‘Stop hiking taxes’: CBI president calls on government to boost investment instead
The president of the CBI has called on the prime minister to “stop hiking taxes and focus on boosting investment” in a rebuke over the increasing burdens being placed on business.Lord Bilimoria will cite policies such as plans to increase corporation tax and national insurance in a speech to the business organisation’s annual conference. It …
Business
Sky News
Chancellor’s Universal Credit changes come into force today – but charities issue warning
Universal Credit claimants will begin to be told how changes to the benefits system will bolster their incomes ahead of Christmas – but there are warnings that millions of families will still be worse off overall.At his autumn budget last month, the Chancellor Rishi Sunak announced a reduction in the Universal Credit taper rate from …
Business
Sky News
Asda lines up Rose and Carnwath for boardroom roles
Two of Britain’s leading corporate figures are being appointed as directors of supermarket chain Asda as its shareholders forge closer ties to the fuel retailer they also own.Sky News has learnt that Lord Rose of Monewden, the former Marks & Spencer and Ocado chairman, and Dame Alison Carnwath, the former Land Securities chair, will join …
Business
Sky News
Ryanair boss warns of bookings turbulence ahead as COVID haunts Christmas
Ryanair chief executive Michael O’Leary has warned of a “fraught period” ahead for airline bookings in Europe as a resurgence in coronavirus cases in many countries threatens consumer confidence.Michael O’Leary told an online event he feared would-be travellers delaying bookings for breaks next summer too given the growth in COVID-19 restrictions over the past week …
Business
Business Weekly
ieso raises $53m to fight global mental health crisis
ieso, a Cambridge UK leader in digital mental healthcare, has completed a $53 million Series B financing round led by investment firm Morningside, with further new backing from Sony Innovation Fund and existing shareholders IP Group, Molten Ventures and Ananda Impact Ventures. The company was Business of the Year in the Business Weekly Awards in …
Business
Sky News
Levelling-up: Where is the money going and how effective will it be?
It’s been two years since this government was elected with a mandate to level up the left-behind parts of the UK.Now that the first round of the Levelling-Up Fund has been allocated, we can start to judge whether it will achieve what Boris Johnson set out to do.But while much has been made of whether …

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