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Sky News
Tesco hails Christmas sales growth ‘despite growing cost pressures and supply chain challenges’
The UK’s largest supermarket chain has reported a strong Christmas for sales in the face of “growing cost pressures and supply chain challenges”.Tesco reported a 2.7% rise in like-for-like sales for its core UK and Ireland grocery business during the six weeks to 8 January compared to the same period last year. It raised its …
Business
Sky News
Biden admits ‘more work to do’ as US inflation hits 7% for first time in nearly 40 years
US inflation has hit 7% for the first time in 40 years in the latest sign of the cost of living pressures squeezing consumers across the globe.Surging prices for used cars – up 37% on the same period last year – and higher rental costs helped drive the consumer price index (CPI) measure up last …
Business
Euro News
Will New York’s new mayor turn the city into a new cryptocurrency hub?
Business
Evening Standard
Tandem looks to resurrect its fintech creds with Oplo deal
Tandem – one of the original digital challenger banks that’s struggled to keep up with fintech superstars Monzo and Starling – re-emerged on the London scene today with a big new acquisition – and a promise to deliver profits and help the environment.Tandem announced this morning it is acquiring Blackpool-based consumer lender Oplo, which has …
Business
Sky News
Clear winner in battle of Germany’s carmakers – as transition to electric brings new challenges
The German car manufacturing industry is, arguably, the most competitive in the world.Europe’s biggest car producing country and the third biggest worldwide is home to three of the globe’s 10 biggest car manufacturers by sales – Volkswagen, BMW and Daimler. And, despite recent collaborations in some fields and an €875m (£730m) fine that the European …
Business
Sky News
‘VIP lane’ used by government to hand out PPE contracts was unlawful, High Court rules
The government’s use of a so-called VIP lane to award PPE contracts to two companies during the first COVID wave was unlawful, the High Court has ruled.The challenge was brought by campaign groups the Good Law Project and EveryDoctor which argued the bid process conferred unlawful preferential treatment on those with political connections. They took …
Business
Sky News
Thomas Cook bosses cleared after two-year Insolvency Service probe into collapse
Former directors of Thomas Cook, one of Britain’s biggest travel companies, are to be formally cleared of wrongdoing by the government’s bankruptcy watchdog after a probe lasting more than two years.Sky News has learnt that the Insolvency Service has concluded its investigation into the collapse of Thomas Cook, which was forced into compulsory liquidation in …
Business
Sky News
Facebook loses bid to dismiss antitrust lawsuit demanding it sells WhatsApp and Instagram
Meta has lost an attempt to dismiss a US Federal Trade Commission antitrust lawsuit which could force the company to sell WhatsApp and Instagram.Judge James Boasberg has ruled the FTC had a plausible case against the Facebook owner that should be allowed to proceed, although he did not suggest that it would be successful. “Ultimately, …
Business
Business Live
Gloucestershire digital marketing agency acquired by French group after global growth
A digital marketing agency in Gloucestershire that was among the South West winners of The Queen’s Awards for Enterprise last year has been acquired for an undisclosed sum. Cheltenham-based Ocere, which helps clients to grow their businesses online by bringing them greater visibility on search engines, has been acquired by French digital marketing group JVWEB. …
Business
Business Live
Welsh coastal village saw biggest hike in property searches on Rightmove last year
A village in North Wales saw the biggest hike in property searches last year while two Welsh communities were in the top ten for price hikes. Property website Rightmove revealed Rhos On Sea in Wales has topped the list of buyer search hotspots – with the biggest increase in buyer searches compared with 2020. Searches …
Business
Business Live
ADVERTORIAL: Start your own business with free help and funding from this new scheme
Have you ever considered starting up your own business? If so, you’ve probably spent time thinking about the amount of funding and support that you’ll need to turn that business idea into an innovative product or service. However, thanks to this brand new scheme based in Rhondda Cynon Taff, it’s now easier than ever to …
Business
Evening Standard
Christmas cheer for the High Street as Brits splashed out
THERE was an injection of Christmas hope for the high street today when three top retailers reported strong results as pandemic-weary Brits treated themselves over the festive season.Sainsbury’s bumped up profit forecasts for the year by fully £60 million to £720 million as working from home increased eating from home, with customers splashing out on …

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