Cineworld has confirmed six cinemas will close as part of plans to cut jobs and save money, as the company struggles with debt. The cinemas will shut in “late September 2024” if the cost-cutting plans get legal approval. They are: • Glasgow Parkhead; • Bedford; • Hinckley; • Loughborough; • Yate; • Swindon – Regent...
Category: Bussiness
Post
Post
TalkTalk founder in £400m pledge to win lenders’ backing
The founder of TalkTalk has pledged a £400m package to the company’s lenders in a bid to win their support for a wide-ranging refinancing. Sky News has learnt the broadband provider proposed this week that a number of assets including the Virtual1 wholesaler of high bandwidth services it bought in 2022 would be pledged as...
Post
What does Labour’s win in the General Election mean for UK small business? | Funding Circle UK
Britain has a new Government. After 14 years under Conservative leadership, Labour won the General Election on Thursday 4th July 2024 with a majority. Keir Starmer is now Prime Minister, with Rachel Reeves appointed Chancellor of the Exchequer. Even before Labour entered Downing Street, the focus was on economic growth and investment in business. Their...
Post
Chancellor: Britain Reopens for Business at G20
Reeves to bang the drum for British business on first international visit since taking office First female Chancellor to champion the importance of female leadership in economics and finance Chancellor of the Exchequer Rachel Reeves will today arrive in Rio de Janeiro, Brazil, to attend the G20 Finance Ministers and Central Bank Governors Meeting on...
Post
Britain back open for business, Chancellor to tell G20
Reeves to bang the drum for British business on first international visit since taking office First female Chancellor to champion the importance of female leadership in economics and finance Chancellor of the Exchequer Rachel Reeves will today arrive in Rio de Janeiro, Brazil, to attend the G20 Finance Ministers and Central Bank Governors Meeting on...
Post
Chancellor to ‘bang drum for British business’ at G20 meeting in Brazil
Rachel Reeves has vowed to “bang the drum for British business” at the G20 in Brazil during her first international trip as Chancellor. She will arrive in Rio de Janeiro on Thursday to attend the G20 meeting of finance ministers and central bank governors. She will press business leaders to “take another look at Britain”...
Post
GB Energy: Labour teams with Crown Estate to boost wind energy
Getty Images British seabed owned by the Crown Estate will be used to help build windfarms in plans aimed at making the UK more self reliant for energy. It is the first big announcement by Great British Energy, Labour’s new publicly owned energy company. The firm’s aim is increase renewable energy projects, boosted by £8.3bn...
Post
King Charles in line for a cash boost after backing Labour’s new Great British Energy company
The King is in line for a cash boost after partnering with Labour’s new Great British Energy company. The unprecedented deal between the publicly owned firm – a key component of Labour’s election manifesto – and the Crown Estate could leverage £60billion of private investment into the UK’s energy infrastructure. Labour said the deal is...
Post
UK business activity expands in ‘encouraging start to second half of year’
UK business activity expanded this month after a sharp rise in new sales to a 15-month high, giving a lift to the new government as it prepares to outline the state of the public finances next week, according to a survey of private-sector firms. A fall in inflation across the services sector was also expected...
Post
UK business confidence and orders grow after Labour election win
(July 24): Britain’s private sector companies reported a surge in confidence, hiring and new orders after Labour’s landslide election victory, a sign the new government may enjoy stronger growth. S&P Global’s purchasing managers’ index (PMI) rose to 52.7 in July, up from 52.3 the previous month. It was a two-month high and slightly above economists’...
Post
Public must be onboard with ‘national mission’ for clean power, say experts
* PASSWORD Must be at least 6 characters, include an upper and lower case character and a number Show * YEAR OF BIRTH You must be at least 18 years old to create an account 20062005200420032002200120001999199819971996199519941993199219911990198919881987198619851984198319821981198019791978197719761975197419731972197119701969196819671966196519641963196219611960195919581957195619551954195319521951195019491948194719461945194419431942194119401939193819371936193519341933193219311930192919281927192619251924192319221921192019191918191719161915191419131912191119101909190819071906 * Required fields CREATE ACCOUNT I’LL TRY LATER Already have an account? SIGN IN By clicking Create Account you...
Post
Former Tory chancellor Zahawi plots £600m Telegraph bid
Nadhim Zahawi, the former Conservative chancellor, is assembling a £600m bid for The Daily Telegraph that could up-end the auction of some of Britain’s most influential media assets. Sky News has learnt that Mr Zahawi, who left parliament in May after opting not to stand again in his Stratford-on-Avon seat, has approached a number of...