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Revolution Bars to enter administration with 2,200 jobs at risk
Revel Collective The owner of Revolucion de Cuba and Peach Pubs is to go into administration, putting as many as 2,200 jobs at risk. Revel Collective, the parent company which has 62 pubs and bars across the UK, put itself up for sale in October after facing what it called “a continued period of external…
Energy price cap rises slightly as temperatures fall
Kevin PeacheyCost of living correspondent Getty Images Energy bills are rising for millions of households in England, Scotland and Wales as the new year begins, after Ofgem raised its price cap slightly. Prices for those on variable tariffs are rising by 0.2% from now, the equivalent to a £3 annual increase for a household using…
Bankers to get bonuses quicker under rule change
Senior bankers will be able to pocket bonuses more quickly under a relaxation of rules brought in after the financial crisis of 2007/2008. Senior bankers have had to wait up to eight years to collect their bonus in full to make sure the deals they were being rewarded for turned out to be profitable longer…
