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Business

  • Energy sector raises concerns over six-month window for business support

    September 21, 2022

    The energy sector raised concerns over Government plans to provide support for businesses to combat soaring wholesale costs.

  • Ten Entertainment scores yet another strike as it heads for expansion and keeps price freeze plans

    September 21, 2022

    Bowling firm Ten Entertainment confirmed plans to open three new alleys in the next six months as it heads for a post-pandemic victory. The firm posted sales of £63.2m in the first half of 2022, up 53 per cent on pre-pandemic levels, while pre-tax profits rocketed 121 per cent to £15.7m. The Bedford-based company notably [...]

  • Marks and Spencer announces bumper £15m pay package for its 40,000 frontline staff

    September 21, 2022

    Marks and Spencer has announced a bumper £15m pay package to support its 40,000 frontline staff during the cost of living crisis. The British high-street giant is also introducing an autumn pay review for the first time, while extending its benefits scheme for workers. More than 40,000 workers will get a boost to their hourly [...]

  • Government steps in with six month emergency package for businesses

    September 21, 2022

    British businesses will be provided with a six-month emergency package of support to help them pay their energy bills this winter.

  • Government unveils energy support package to ‘stop businesses collapsing’

    September 21, 2022

    Firms have been given a boost in dealing with the energy crisis through a government discount, with the chancellor saying it “stepped in to stop businesses collapsing”. Plans were unveiled this morning, cutting prices for non-domestic energy customers, while suppliers will reduce wholesale costs to help families. The measures, announced by the department for Department [...]

  • Revealed: These are Britain’s most popular companies to work for

    September 21, 2022

    New research has revealed the top companies Brits want to work for the most. The data shared with City A.M. analysed the top searches for jobs and careers on Google, to see which private sector companies Brits are keenest to work for currently. Tesco came out as the most popular company, with the multinational supermarket seeing [...]

  • Glennmont joins forces with MN to roll out £611m renewables fund

    September 21, 2022

    Glennmont Partners has teamed up with MN to launch a €700m strategy to invest in renewable projects across brownfield sites in Europe.

  • Octopus to double payments for customers exporting solar back to the grid

    September 21, 2022

    Octopus has announced it is doubling its payments for households exporting solar power back to the grid, to help lower peoples’ bills.

  • Taxpayers to foot the bill for half of businesses’ electricity bills

    September 21, 2022

    Taxpayers will have to cough up half the electricity costs for British businesses this winter amid threats of blackouts.

  • Scrapping bankers’ bonus cap is only a signal, but it is a signal nonetheless

    September 21, 2022

    AN UNPOPULAR politician is usually a short-lived phenomenon. It appears Liz Truss is hoping that by the time the impacts of her unpopular decisions will be felt, the benefits will be so obvious the electorate will forget their initial teeth-gnashing. She may well be right. Even this column would accept that removing the bankers’ bonus [...]

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