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First images inside L&G’s new headquarters in the centre of Cardiff
The first internal images of Legal & General’s new 120,000 sq ft headquarters in Cardiff have been revealed. The under construction building, which forms part of the Interchange scheme at the wider Central Square development in the centre of the city, will have capacity for 1,800 staff. While adopting a hybrid working model it will …
Business
Business Live
Dunelm chief finance officer Laura Carr leaving for pastures new
The chief financial officer at Dunelm Group has announced that she is leaving the business. Laura Carr said she is leaving the homewares giant, which has its national headquarters in Syston, in Leicestershire, for a new opportunity outside of retail and publicly listed companies. Ms Carr has been with the group for three years, having …
Business
Business Live
Old Sainsbury’s site earmarked for hundreds of new homes in £100m town centre scheme
A former Sainsbury’s site in Stockport town centre could be transformed into more than 560 apartments and town houses, according to newly-submitted plans. Amstone Ventures is behind the proposals for the land in Warren Street which would feature a mix of one, two and three-bedroom flats if approved. The development, called No.1 Knightsbridge, would reach …
Business
Business Live
Octavian Security UK on look out for 100s of security staff across central and southern England and Yorks
Management at an East Midlands-based security company say they hope to create hundreds of jobs as demand for its services grows. The team at Octavian Security UK, based in Bingham, Nottinghamshire, say they have won a number of big contracts in recent months. The business provides services including property guarding and alarm response, mobile patrols, …
Business
Sky News
Purplebricks to set aside millions to cover blunder affecting lettings business tenants
Purplebricks, the online estate agency, has revealed that it expects to make a provision of millions of pounds to cover an apparent blunder in its lettings management business.The company said on Monday that it was finalising the amount it was to set aside to cover tenant claims, though its early estimates suggested a potential financial …
Business
Sky News
UK workers facing ‘worst Christmas wage squeeze in almost a decade’
Working households are facing the worst Christmas wage squeeze in almost a decade, according to a report by the TUC.The union organisation demanded the government deliver a “proper plan to get pay packets rising“, arguing that pressure on budgets from soaring bills and falls in wages were only set to intensify in the months ahead. …
Business
Sky News
Walmart-backed Symbotic finalises £3.3bn SoftBank SPAC merger
A robotics and automation company backed by Walmart, America’s biggest grocery retailer, is finalising plans for a $4.5bn (£3.3bn) merger with a “blank cheque” company created by the Japanese technology giant SoftBank.Sky News has learnt that Symbotic is within days of concluding a combination with SVF Investment Corp 3, a New York-listed special purpose acquisition …
Business
Sky News
Fund manager Jupiter hires bankers to draw up £1.5bn bid defence plan
Jupiter, one of Britain’s best-known fund managers, is on alert for a takeover approach amid a frenzy of dealmaking activity across the global asset management industry.Sky News has learnt that Jupiter’s board, which is chaired by Nichola Pease, has hired the advisory firm Robey Warshaw to fortify its defences against a potential bid. City sources …
Business
Business Live
ADVERTORIAL: Are you ready for the next phase of Brexit rules from Jan 1, 2022? Here’s what you need to know
The UK has left the EU, which could mean changes for your business. As we build a new relationship with our European partners, there are planned phased changes to the import of goods, including customs declarations and border checks. If your business imports or exports goods to or from the EU, it’s essential you understand …
Business
Sky News
Future of LV= thrown into confusion after member vote for £530m takeover by Bain Capital falls short
The future of LV= was thrown into confusion this evening when members of the UK’s second largest mutual life insurer narrowly rejected a takeover by private equity group Bain Capital.The board of LV=, which was formerly known as Liverpool Victoria, had urged its 1.16 million members to support the £530million takeover. However, with 75% of those …
Business
Business Live
How face mask guidance will change for pubs, restaurants and cafes in Wales from tomorrow
Welsh Government’s latest 21-day review did not bring any additional rules in for businesses in Wales but there were warnings about the risk from the omicorn variant, guidance changes, and plans for more frequent updates. The Government didn’t expand Covid passes to pubs, cafes and restaurants but has changed the guidance from tomorrow on mask …
Business
Business Live
Sale of LV= to Bain Capital off after mutual’s members fail to back £530m deal
The proposed £530m sale of insurer LV= to US private equity firm Bain Capital is off after the mutual’s members failed to vote through the deal. Around 1.1 million policyholders voted following a general meeting at the company’s head office in Bournemouth, with 69.4% approving the plans – short of the 75% required for it …

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