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15.12.2021 - 09:56
Business
Business Live
BoohooMAN enters the metaverse with first-ever NFTs launch
BoohooMAN is to enter the metaverse after launching its first-ever collection of non-fungible token (NFTs). The brand, which is part of Manchester-headquartered Boohoo, has said it is the first of its kind to make the move and it is also giving one away for free. An NFT is a digital asset that belongs to the …
15.12.2021 - 09:55
Business
Business Live
Midas Construction wins place on £5bn public sector house-building framework
Midas Construction has been appointed to a new £5.16bn public sector house-building framework which could allow it to tap into lucrative contracts. The firm, which operates across the South West from four regional bases in Plymouth, Bristol, Cornwall and Devon, is now part of the Residential Delivery & Development Framework set up by long-term partner …
15.12.2021 - 09:48
Business
Business Live
Cotswold paper and film company Cotek sold to German manufacturer
A 57-year-old Cotswold paper and film company has been acquired by a German business for an undisclosed sum. Cotek Papers, which is based in Moreton-in-Marsh, was bought by Laufenberg, a manufacturer of silicone-coated films and papers. Cotek is owned and run by brothers Adam and Scott Hazell, who were advised by law firm Lodders. All …
15.12.2021 - 09:37
Business
Evening Standard
Inflation at 10-year high puts fresh pressure on the Bank of England
INFLATION hit a 10-year high today, giving consumers a cost of living squeeze just before Christmas and putting further pressure on the Bank of England to raise interest rates immediately.The Office for National Statistics said inflation hit 5.1% in November, driven higher by rising petrol prices and soaring costs for second hand cars. Inflation was …
15.12.2021 - 09:35
Business
Evening Standard
Cineworld shares crash more than 30% as chain loses Cineplex dispute and faces C$1.2 billion damages bill
Cineworld, the world‘s second largest cinema chain, saw shares fall as much as 36% on Wednesday morning on news it had lost a legal dispute with Canadian rival Cineplex and been ordered to pay a C$1.23 billion (£704 million) damages bill.London-listed Cineworld had been looking to take over Cineplex, but pulled out of the deal …
15.12.2021 - 09:23
Business
Sky News
Inflation is back – and all eyes are on the Bank of England ahead of its next decision
There has been a strange pattern in recent months.Each month economists from the private sector to the Bank of England say they expect inflation to rise and pretty much every month inflation rises even higher than those expectations. So it was again this month: economists thought the Consumer Price Index rate would rise from 4.2% …
15.12.2021 - 09:19
Business
Business Live
Work starting on £46.5m Derby business park that could eventually provide 1,250 jobs
A developer says it is putting £46.5 million into building a new business park which could eventually create up to 1,250 jobs. St. Modwen Logistics is planning to regenerate the 67-acre brownfield site in Wyvern Way, next to the Pride Park football ground. The site, called St. Modwen Park Derby, will provide more than 850,000 …
15.12.2021 - 07:40
Business
Sky News
Currys reveals pre-Christmas sales slow down as supply strains and Omicron uncertainty take toll
Currys has revealed a pre-Christmas sales sales slowdown as supply chain strains hit the availability of some products and Omicron uncertainty threatens to further dampen demand.Shares in the electricals-to-mobile phone retailer fell 9% on the update as the business became the latest to highlight the impact of latest fears over the new variant. Wetherspoons has …
15.12.2021 - 06:37
Business
Sky News
Inflation hits 10-year high as fuel, fashion and food prices surge
Inflation rose to 5.1% last month, hitting a fresh decade high as the cost of living squeeze on households intensified.The consumer prices index (CPI) measure of inflation in November was up from 4.2% in October and well ahead of expectations that it would hit 4.7%. It has not been higher since September 2011. It comes …
15.12.2021 - 02:33
Business
Sky News
COVID passes for nightclubs and large events come into force in England as booster jabs open to all adults
Adults must now show a COVID pass to enter nightclubs and other large events in England.The new measures coming into force today require proof of double-vaccination or a negative PCR or lateral flow test result within the last 48 hours for those attending some venues. The rules apply to nightclubs, indoor unseated venues with a …
14.12.2021 - 23:02
Business
Sky News
‘Restaurants will crumble’ without help top chef warns after hundreds cancel bookings due to COVID restrictions
Michelin starred chef Tom Kerridge has warned “places will crumble without help” due to new COVID restrictions, echoing concerns raised by music venues who say they are on the brink of collapse.He posted a video on Instagram showing pages and pages of cancelled bookings at one of his restaurants in the past six days – …
14.12.2021 - 16:25
Business
Sky News
Bets placed on £3bn Playtech bid as Univision-backed SPAC deal nears
A £3bn bidding war for Playtech, the London-listed gaming software provider, is poised to escalate amid talks involving a former Formula One team boss and a vehicle backed by Univision, the US-based Spanish language broadcaster.Sky News has learnt that Caliente Interactive, an online gambling business predominantly operating in Mexico, is in advanced talks about a …
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