Black Sheep Coffee: Already seeing office return benefit September 21, 2021 A London coffee business with a stronghold in the City has said it is already reaping the rewards of home workers returning to offices. Black Sheep Coffee plans to double the size of its estate this year, backed by more than £4m in additional funding. “A lot of our sites are getting really busy now, [...]
National Express exploring takeover of rival Stagecoach September 21, 2021 National Express has confirmed reports that it is looking into a possible takeover of its fellow transport heavyweight Stagecoach. The British bus operator has started discussions around buying out its Scottish rival, the UK’s largest bus operator. Stagecoach shares rose by almost 90 per cent over the last year, reaching a market value of around [...]
Government borrowing in August hit £20.5bn September 21, 2021 Government borrowing stood at £20.5bn in August, down from £26bn the previous year, according to official data. The Office for National Statistics (ONS) said last month’s figure was the second highest August borrowing since records began in 1993. The data shows borrowing so far this financial year has reached £93.8bn since the end of March [...]
Making homes greener could create up to 138,000 new jobs and unlock £9.8bn for the economy September 21, 2021 Making homes more energy efficient could create up to 138,000 new jobs in the UK, while also injecting £9.8bn into the economy by 2030, a new report has found. The report, by Cambridge Econometrics for Greenpeace UK, found that a country-wide project to insulate homes and swap gas boilers for heat pumps, could also unlock [...]
Financial services were forgotten by Brexit and London deserves better September 21, 2021 I have always been optimistic about London’s ability to bounce back from the terrible economic impact of the coronavirus pandemic. The good news is my optimism was well founded – as we’re already seeing many positive signs. Our “Let’s Do London” campaign is working, enticing Londoners and visitors back to experience all that central London [...]
Post-pandemic surge in job vacancies benefitting low skilled male workers September 21, 2021 Workers in low paying occupations are in high demand post-pandemic with vacancies up by a fifth according to a new study. While recent ONS data showed that worker vacancies surged to a record 1m in August the IFS has revealed that demand is patchy across the jobs market. Vacancies in the lowest-paying third of occupations [...]
TrueLayer raises $130m in funding round September 21, 2021 TrueLayer has raised $130m (£95.2m) in its latest funding round led by Tiger Global Management. The investment brings the total raised by TrueLayer, a banking platform which powers global payments, to $270m. Stripe, a global payments technology provider, also participated in the funding round. Francesco Simoneschi, CEO and co-founder of TrueLayer, commented: “there is only [...]
National Express exploring takeover of rival Stagecoach – CityAM : CityAM September 21, 2021 National Express has confirmed reports that it is looking into a possible takeover of its fellow transport heavyweight Stagecoach. The British bus operator has started discussions around buying out its Scottish rival, the UK’s largest bus operator. Also Read: All new London buses to be zero-emission Mayor says Stagecoach shares rose by almost 90 per [...]
DEBATE: Could nuclear prevent another energy crisis? September 21, 2021 Britain is in the throes of an energy crisis. There are myriad reasons from unusually low amounts of wind to sky-high gas prices. As we turn to net zero a familiar debate over the place for nuclear energy in our carbon-neutral arsenal. Eammon Ives of the Centre for Policy Studies says YES to nuclear The [...]
Britain needs to sober up from our addiction to gas September 21, 2021 This will be a winter where energy prices seldom stay out of the news. With the combination of cracks appearing in our creaking electricity system, record global gas prices, and the largest overnight benefits cut in history risk colliding in a way that piles yet more pressure on families already struggling. In the short term, [...]
