Latest Stories All Stories

Business
Euro News
Lush quits Facebook, Instagram, Snapchat and TikTok saying it has ‘had enough’ of social media
Business
Sky News
US, China and UK among nations joining forces in bid to ease oil prices
So bombarded are we now with talk of higher inflation, at least due in part to higher energy prices, it may have escaped some people’s notice that the price of crude oil has been falling for most of the last month.Since hitting an intraday high on 25 October of $86.70, which was the highest price …
Business
Sky News
Bulb administrators line up auction for stricken energy company
A leading US investment bank is to be hired to find a buyer for Bulb, the stricken energy company, as it prepares to be placed into formal insolvency proceedings this week.Sky News understands that Bulb’s administrators-in-waiting are expected to appoint Lazard within days to run an auction of the business. An executive at one energy …
Business
Sky News
‘Green light’ for pre-Christmas interest rate hike as growth holds up despite disruptions
Strong business growth and record price pressures this month should give the “green light” for a pre-Christmas interest rate hike, according to a closely-watched survey.November’s purchasing managers’ index (PMI) showed growth slipping very slightly from the month before but still pointing to an end-of-year pick up for the economy after a third quarter slowdown, despite …
Business
Evening Standard
Dividend back at Compass — fish and chips the top COP26 seller
CATERING giant Compass said today it is bouncing back from Covid now that sports events and company conferences are back on.It has reinstated a dividend of 14p, welcome news for investors, though that is still far shy of the pre-pandemic 40p.Chief executive Dominic Blakemore reckons companies large and small will be keen to outsource staff …
Business
Business Live
Atom Bank moves to four day week, giving all staff the same pay for reduced hours
North East fintech Atom bank has introduced a four-day working week for all 430 of its employees, with staff receiving the same pay for fewer hours. The UK’s first app based bank, which selected Durham’s Aykley Heads for its headquarters over a number of other cities, launched the new four-day working week on November 1, …
Business
Business Live
Bristol touchless technology company Ultraleap raises £60m
A Bristol company that has developed touchless technology used by brands including PepsiCo and Lego has raised £60m in a Series D funding round. Ultraleap will use the investment to scale and commercialise its tech for existing and next-generation computing platforms, it said. The company’s new investors include Chinese multinational technology conglomerate Tencent; British Patient …
Business
Business Live
ADVERTORIAL: Safran still recruiting apprentices despite Covid-hit aerospace industry
Safran is a heavyweight of the Gloucestershire engineering and manufacturing industries and continues to support apprenticeships for young people. Safran spokesperson Lisa de Claite Ross said: “Despite the Covid impact, Safran has continued to engage with young people wishing to start careers within Aerospace. “Apprentices, like all employees, have had a challenging year moving to …
Business
Business Live
Warning for South West as number of firms entering voluntary liquidation doubles in year
The number of companies opting to go into liquidation in the South West is rising as bosses see a gloomy future now Government Covid support is ending, a leading insolvency expert says. Figures published by the Insolvency Service reveal an increase of more than 60% in corporate insolvencies nationally compared to this time last year. …
Business
Business Live
Second largest shareholder in retail and software giant THG increases stake
The second largest shareholder in online beauty, wellness and software giant THG has further increased its stake. Sofina Capital now has a holding of more than 9% in the Greater Manchester-headquartered group, up from just over 8%. The private equity firm can trace its roots back more than 120 years and is headquartered in Brussels. …
Business
Business Weekly
LoQus23 exits stealth with £11.5m seed funding
Cambridge has hatched a life science innovator dedicated to fighting neurodegeneration with novel technology. LoQus23 Therapeutics is discovering small molecule therapies that target aberrant DNA mismatch repair (MMR) to treat Huntington’s and other triplet repeat diseases (TRDs). The company has closed a £7 million extended seed round from Novartis Venture Fund (NVF) and its founding …
Business
Evening Standard
Atom Bank ‘becomes largest UK company’ to introduce four-day work week without loss of salary
A digital bank has become the UK’s largest employer to move to a four-day working week with no change in employees’ salary.Atom Bank, a challenger bank founded in 2013, introduced the 34-hour working week option spread over four days this month.The majority of the bank’s 430 staff have opted for the four-day week, as opposed …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources