Zilch eyes push into BNPL bills as it passes three million customers November 2, 2022 Buy-now pay-later firm Zilch said it was eyeing a push into bill and rental payments today as it sailed past the three million user mark and announced it had hit gross profits for the first time.
Hinkley Point C could have saved customers £4bn this year, says financing chief November 2, 2022 Hinkley Point C could have saved households more than £4bn in energy bills this winter, argued the financing director of Sizewell C.
Homeowners told property values may get 11.3 per cent boost as Sunak restores stability November 2, 2022 The housing market could benefit to the tune of 11.3 per cent where house prices are concerned, as a result of the greater stability brought on by the appointment of Rishi Sunak as prime minister, a City firm told this paper today. Property lending agency Octane Capital analysed property market performance across the UK market [...]
Shein sets up shop in Japan with physical store to boost online brand November 2, 2022 Fast fashion behemoth Shein is to set up shop at its first permanent brick-and-mortar store in Tokyo. The Chinese retailer announced it would be opening a store in the Harajuku fashion district later this month, according to the Reuters news agency. Shein is looking to push its online brand by having a physical footprint, with [...]
The New York Times banks 180k new subscribers thanks to bundle approach November 2, 2022 The New York Times ups its full year forecast as the print and digital bundling strategy appears to be paying off. The media group added 180,000 online subscribers in the three months to September, bolstering third quarter estimates. The publication has been bringing together its traditional print and digital offerings, with its newly acquired sports site [...]
All Rishi Sunak’s Tory leadership policies now under review November 2, 2022 All of Rishi Sunak’s pledged policies during the Tory leadership contest are now under review, Number 10 has said. The Prime Minister’s spokesperson today said “we’re looking at all” of his campaign promises from just two months ago and “considering whether now is the right time to take them forward”. Number 10 also told journalists [...]
Cost of loving: Tinder boosted by paid matches despite spending squeeze November 2, 2022 MONEY can’t buy you happiness, but it may be able to buy you love, with Tinder owner cashing in on people looking for love despite cost of living woes. Match Group, which also owns Hinge and OKCupid, revealed that the number of paid subscriptions to the dating app rose seven per cent globally in July-September. [...]
On standby: Britishvolt secures last minute funding to stay afloat November 2, 2022 Beleaguered battery firm Britishvolt has secured last minute funding to keep it afloat another few weeks. The company, which has been developing a massive £3.8bn gigafactory in north-east England, has been locked in emergency fundraising talks for several weeks – pushing to raise £200m, or sell the company outright. The lagging firm is a sign [...]
Exclusive: Female founders dominate cohort of fast-growing start-ups November 2, 2022 Fifty of the UK’s fastest growing start-up firms are set to join a tech accelerator that has helped launched the likes of Wise and Skyscanner - with nearly half of the new cohort founded by women.
Eurozone manufacturing economy flashes strong recession signal November 2, 2022 The eurozone manufacturing sector has tumbled into recession, driven by customers slashing spending in response to soaring prices and higher interest rates, a closely watched survey out today suggests. S&P Global’s final manufacturing purchasing managers’ index (PMI) for the 19 countries using the euro fell to 46.4 last month, down from 48.4 in September. The [...]