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Car insurance costs pushed up by paint and energy prices

By   /  February 3, 2023  /  Politics  /  No Comments

Rising paint prices and higher energy costs were among the reasons for a leap in the cost of motor insurance late last year, a trade body has said. The average price paid for cover rose by 8% in the final three months of the year, compared with the previous quarter, the Association of British Insurers […]

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UK risks exodus of semiconductor firms without an industry strategy

By   /  February 3, 2023  /  Politics  /  No Comments

The government risks endangering the UK’s semiconductor industry unless it urgently publishes a strategy for the sector, a leading Westminster body has warned. MPs on the Business, Energy and Industrial Strategy (BEIS) Committee have expressed disappointment over the government’s failure to publish a strategy to help support the sector. BEIS Committee Chair Darren Jones said: […]

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UK faces ongoing recruitment crisis with more childcare and training needed

By   /  February 3, 2023  /  Politics  /  No Comments

The Government is being urged to help firms recruit workers after research showed employers are facing huge problems attracting staff. The majority of the businesses surveyed by the British Chambers of Commerce (BCC) said they had problems recruiting workers in recent months. Hospitality firms were most likely to face challenges when recruiting, followed by manufacturers […]

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Royal Mail staff to stage 24-hour strike on 16 February

By   /  February 3, 2023  /  Politics  /  No Comments

About 115,000 postal workers at Royal Mail are to stage a 24-hour strike on 16 February in their continuing dispute with management over pay and conditions. The strike will affect all shifts for 24 hours from 12.30pm that day, the Communication Workers Union (CWU) said. The union said it had called the strike after Royal […]

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Amazon Christmas marketing push pays off with higher net sales

By   /  February 3, 2023  /  Politics  /  No Comments

Amazon yesterday beat sales expectations for the last quarter of 2022 after a marketing blitz during the holiday period helped attract shoppers. The world’s largest retailer lowered Wall Street’s expectations for the current quarter, however, and shares in the group dropped 4.8 per cent, or $5.21, lower at $112.91 in after-hours trading. Net sales rose […]

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Jeremy Hunt rejects tax cuts after Bank’s interest rate rise

By   /  February 3, 2023  /  Politics  /  No Comments

Jeremy Hunt has pledged to resist calls to cut taxes as interest rates hit a 15-year high of 4 per cent. In a move that will add nearly £50 a month to the average borrower’s mortgage payment, the Bank of England increased the rate of interest for the tenth consecutive time as part of efforts […]

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Christopher Cane On His Role As a Professional Firefighter

By   /  February 3, 2023  /  Politics  /  No Comments

As a lifelong resident of Key West, Florida, Christopher Cane was raised fully immersed in nature, sun, and sea. As a first-generation Key West Islander, he graduated Key West high school with honors, but little did he know that his passion for his career would come at such a young age. Christopher Cane found his […]

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OpenSolar raises $15M to expand its software Platform & global footprint

By   /  February 2, 2023  /  Politics  /  No Comments

OpenSolar has announced that it has raised US$15 million to expand its free product offering to solar contractors who use the platform in more than 130 countries. The funding round was led by one of Australia’s largest venture capital funds, Telstra Ventures, with participation from sustainability fund 2150 and existing investors including Jeff Tannenbaum’s Titan […]

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All hail the Business Champion Awards finalists of the ‘Innovation of the Year Award’

By   /  February 2, 2023  /  Politics  /  No Comments

Without innovation you’re just standing still and in business you can never afford to do that. These companies, all based across the UK, are absolute champions of innovation. Refusing to sit still on their laurels they’re challenging the status quo on a daily basis. Propelling each of their chosen industries forwards, these are the Business […]

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Bill-payers appalled as Shell reports highest profits in 115 years

By   /  February 2, 2023  /  Politics  /  No Comments

Oil and gas giant Shell has reported record annual profits after energy prices surged last year following Russia’s invasion of Ukraine. The company reported adjusted earnings of $39.9bn (£32.2bn) for 2022, the highest in its 115-year history. Energy firms have been making record profits after oil and gas prices jumped following Russia’s invasion of Ukraine. […]

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