BBC One and ITV suspend programming due to concerns about Queen’s health September 8, 2022 BBC One has suspended all programming until 6pm in light of the news about Her Majesty The Queen's health.
European equity products weather second-highest month of outflows ever September 8, 2022 European equity products weathered their second-highest month of outflows on record in August as investors continued to flee markets in the face of continued volatility.
Exclusive: WeWork introduces discounts to drive office workers back into London September 8, 2022 Flexible workspace provider WeWork has launched new incentives for London businesses to entice workers back into the city. The New York-headquartered company is working with BusinessLDN, with members of the advocacy group being offered access to new discounts. Businesses are able to access 50 per cent off WeWork’s All Access monthly membership fees for three [...]
Truss believes City is ‘growth engine’ of the economy, says former minister September 8, 2022 Liz Truss believes the City is the “best growth engine in the UK” and is preparing to lean on the financial sector to achieve her political agenda, a former minister said today.
Travel businesses need to be eligible for government energy cap September 8, 2022 Travel businesses should be eligible for the government’s cap on energy bills, according to travel association ABTA. ABTA, which represents UK travel agents, said the sector should receive financial support as it is heading into the low travel season with many companies still recovering from the pandemic’s impact. “With a fiscal statement expected later this [...]
Truss says UK will be ‘deeply concerned’ as Queen under medical supervision September 8, 2022 Liz Truss has said the entire country will be “deeply concerned” by the news that the Queen has been put under medical supervision at Balmoral as messages of support flood in from across the world. The Prime Minister said “my thoughts – and the thoughts of people across our United Kingdom – are with Her [...]
European Central Bank fires record rate rise shot to tame scorching inflation September 8, 2022 The European Central Bank (ECB) today hiked interest rates by the biggest amount since its creation in 1999 as it steps up its fight against a historic inflation surge on the Continent. President Christine Lagarde and co lifted borrowing costs in the bloc of 19 countries using the euro 75 basis points. The move takes [...]
Cornwall Insight eases price cap predictions amid supply boost September 8, 2022 Cornwall Insight has eased its predictions for the price cap over the coming months - although rates will remain historically high.
Cazoo shuts EU operations down as it targets return to profitability September 8, 2022 Online car retailer Cazoo announced on Thursday it will shut down its EU operations as it targets a return to profitability by the end of next year. The company reported in August a £243m half-year loss, which prompted a review of its business. Cazoo said its EU operations would require additional external capital, which is [...]
Funding Circle slashes guidance as profits tumble September 8, 2022 Lending platform Funding Circle slashed its guidance for the year today as it reported a plunge in profits to £1.6m in the six months to June.