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Euro News
What is Web3 and why is Jack Dorsey attacking the ‘next phase of the internet’?
Business
Sky News
Northern Powerhouse fund secures big-name investors as it builds top team
The university spin-out venture chaired by Lord O’Neill, the former Treasury minister and Goldman Sachs economist, has secured backing from a syndicate of City investment giants.Sky News has learnt that funds managed by M&G Investments, Lansdowne Partners and Columbia Threadneedle are to invest in Northern Gritstone, a collaboration between the universities of Leeds, Manchester and …
Business
Sky News
Northern Gritstone secures £215m in backing for university spin-out deals
The university spin-out venture chaired by Lord O’Neill, the former Treasury minister and Goldman Sachs economist, has secured backing from a pair of large local authority pension funds as part of an initial £215m fundraising.Sky News understands that the Greater Manchester Pension Fund and West Yorkshire Pension Fund have joined a string of major institutional …
Business
Business Live
Devon’s nicest businesses and who they gave help to in 2021
It has been another challenging year for businesses, but despite the problems caused by Covid there were many firms and individuals who gave time, money, and heart to helping others. So, at Christmas, what better time to celebrate some of the selfless Devon businesses that were kind and generous in 2021? Co-op Funeral Care, Barton …
Business
Business Live
Luxury retailer Selfridges sold in £4billion deal
Luxury retail group Selfridges has been sold to Thai and Austrian buyers – retailer Signa Holding and property company Central Group. A statement released on Friday by Central Group said the acquisition would “create one of the world’s leading omni-channel luxury department store groups”. News of the deal was announced earlier this year after it …
Business
Business Live
Tourism boss says Welsh Government must roll back restrictions if data continues to show Omicron less severe
The Chair of the Wales Tourism Alliance says Welsh Government’s latest Covid rules should be “withdrawn as quickly as they have been introduced” if data continues to show Omicron causes less serious illness than previous variants. Studies this week have shown the early data is pointing towards a significant overall reduction in hospitalisations with Omicron …
Business
Business Live
Babcock sells power business for £50m as it continues to streamline group
Devonport Dockyard operator Babcock International Group Plc has sold its power division to an infrastructure services provider for £50m as it continues to streamline the business. The defence and aerospace giant has offloaded its power business, a leading provider of engineering services in the UK overhead line electric transmission and distribution industry, to Stevenage-based M …
Business
Business Live
Cardiff – Anglesey airlink cost taxpayers over £750K last year despite no flights taking off
Welsh Government paid out over £750,000 in subsidies on the Wales airlink in the last financial year despite no passengers flying on it. The flight link between Cardiff and Anglesey was announced back in 2007 but the route has had a turbulent history. as early passenger success trailed off. Eastern Airways took over the subsidised …
Business
Sky News
Selfridges bought by Thai retailer and Austrian property company in £4bn deal
Selfridges has been bought by a Thai retailer and Austrian property company in a £4bn deal, according to reports.The luxury department store chain was bought by the Weston family in 2003, who then went on to establish the Selfridges Group in 2010. But the Selfridges portfolio, which includes 18 sites across England, Ireland and the …
Business
Evening Standard
Quantum Blockchain to Napster: The best — and worst — London stocks of 2020
Perhaps one of the surprising things about a year that was turbulent in almost every possible way is that the stock market, which is supposed to be choppy, actually did rather well.Big investors at least managed to put aside the terrible uncertainty of 2020, when some were plainly betting on the end of the world, …
Business
Sky News
Lloyds apologises after customers unable to access online banking accounts
Lloyds has apologised after some customers were unable to access their online banking accounts on Thursday evening.Users began tweeting they were having problems logging in to the app and website just after 9pm. For some, a message popped up on some screens reading: “We are sorry that our internet banking is currently unavailable. Please try …
Business
Euro News
Business Review of the year: fortunes follow the ebbs and flows of the pandemic

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