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      Miliband slammed for net zero sprint as high costs hamper businesses

      Net zero secretary Ed Miliband is set to face more pressure over high energy bills in the UK.

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City A.M. Content

  • Bitcoin and Ethereum attempt to steady the line as altcoins get picked off

    August 22, 2023

    Bitcoin and Ethereum remain on the same steady path since yesterday, with the leading crypto by market cap trading a notch above $26k. 

  • Derry Girls creator announces new comedy series set in Belfast

    August 22, 2023

    The creator of the hit comedy series Derry Girls, set in Derry, Northern Ireland, has announced her plans for another comedy series. How To Get To Heaven From Belfast will be set in Belfast, the capital of Northern Ireland, and will be about four women in their late 30s. It will feature one successful but [...]

  • Microsoft offers new Activision Blizzard deal to UK competition watchdog

    August 22, 2023

    Microsoft has put a fresh deal on the table for its $69bn (£55bn) acquisition of gaming giant Activision Blizzard, triggering a new investigation by Britain’s competition watchdog.  On Tuesday the Competition and Markets Authority (CMA) confirmed it is blocking the original deal to protect consumer choice in cloud gaming. However, Microsoft has submitted a fresh [...]

  • Stepping Stones to Sustainability – Improve your supply chain in 5 steps  

    August 22, 2023  |  Sponsored

    Introduction Sustainability is increasingly high  on people’s agenda and has become  a buzz word in business circles.  Measurable performance and  tangible outcomes are becoming  the standard across all sectors.  But what does this really mean in  practice, and how do you make  your business more sustainable in a  meaningful way?   We break sustainability challenges  down [...]

  • Arm announces Nasdaq float in largest US IPO in 2 years

    August 22, 2023

    SoftBank-owned chip designer Arm has confirmed it will float on New York’s Nasdaq next month in what will be the largest US initial public offering (IPO) in almost two years. Arm, which licenses its chip designs to tech giants like Apple, Nvidia, and Qualcomm, has said the offering is being led by Barclays, Goldman Sachs, [...]

  • Under-offer Lookers nets £46m profit amid tough economic headwinds

    August 22, 2023

    Car dealership Lookers, which looks set to be swiped from London markets in a £504m take-private deal, reported resilient trading in the first half against significant macroeconomic headwinds. The UK’s biggest car seller reached an agreement late last month with Global Auto Holdings – an entity linked to the Canadian Alpha Auto Group – to [...]

  • Edinburgh Fringe’s best jokes of 2023 have been revealed

    August 22, 2023

    There are thousands of performers at the Edinburgh Fringe all trying out new material with the aim of making you laugh. But only one joke could with the best joke of the Edinburgh Fringe, as voted for by comedy TV channel, Dave. And it was a gag by the comedian Lorna Rose Treen who has [...]

  • Marex profit leaps after ED&F acquisition as expansion plans reap rewards

    August 22, 2023

     London-based commodities broker Marex Group more than doubled its pretax profit in the first half of the year as it reaped the rewards from its expansion plans. Total trades completed climbed 166 per cent to 59m while the number of contracts cleared tripled to 312m. This helped revenue climb 86 per cent in the period [...]

  • Cake Box: Non-executive chair to step down as like-for-like sales sweeten

    August 22, 2023

    Cake Box, the London-listed confectionery chain, has announced the departure of its non-executive chairman Nilesh Sachdev who will step down in November.  Sachdev, who is also chair at His Majesty’s Land Registry, is leaving the cream cake maker after five years in the role.  The boardroom veteran has helped guide the company since it first [...]

  • Cost of living crisis: 63 per cent of Brits now shop at discount grocery stores

    August 22, 2023

    More than half of shoppers now shop at discount grocery stores as Brits continue to seek out bargains amid the cost of living crisis.  According to new data released by NIQ, in the last four weeks some 63 per cent of the public shopped at value chains such as Aldi, B&M and Poundland, with over [...]

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