Santander pulls its best buy easy-access savings account two weeks early, but competing banks offer 2.75%.

Creative Media NewsTuesday, 18 October 2022, 7:000

Two weeks ahead of schedule, Santander withdrew its best purchase easy-access savings account last night. The eSaver Limited Edition plan paid 2.75 percent on accounts up to £250,000 and topped the independent savings tables compiled by This is Money. Having just released the offer six days prior, the banking giant initially stated that the rate...

Renault4 returns! French carmaker revives its iconic 4Ever electric SUV for explorers.

Creative Media NewsTuesday, 18 October 2022, 4:000

The French automaker Renault has returned to the future with an electrified version of its legendary Renault 4 from the 21st century. However, the new version presented on the first press day of the Paris Motor Show on Monday lays the way for a future all-electric compact SUV when Renault revives a legend after a...

As Hargreaves Lansdown faces legal action over Woodford errors, CEO Chris Hill retires.

Creative Media NewsTuesday, 18 October 2022, 2:000

Chis Hill is stepping down as CEO of Hargreaves Lansdown. During his time as CEO, the company grew a lot under his leadership. Hill started working for the investment platform in 2016 as its head of finance. Before that, he had done the same job for the online trading company IG and foreign exchange company...

Vistry hires Countryside Partnerships’ Tim Lawlor as finance chief after acquisition

Creative Media NewsSaturday, 15 October 2022, 13:000

Tim Lawlor has been appointed as the new chief financial officer of Vistry Group, a British company. Lawlor is the current CFO of the homebuilder Countryside Partnerships, which Vistry acquired last month. He succeeds Earl Sibley, who is accepting the role of a chief operating officer. The alterations to the board of directors will take...

Glaxo celebrates “very remarkable” respiratory virus vaccination trial findings.

Creative Media NewsSaturday, 15 October 2022, 8:000

GSK claimed a huge victory for its drug pipeline after releasing “really extraordinary” findings for its vaccine against the respiratory syncytial virus in a pivotal trial (RSV). RSV is prevalent and typically results in mild, cold-like symptoms. However, the condition can develop severely and is the major cause of pneumonia in infants and the elderly,...

Mondi’s pricing hikes overcame inflationary pressure, boosting earnings 55% to €450m.

Creative Media NewsSaturday, 15 October 2022, 6:000

Mondi’s income before taxes and interest for the third quarter was €450 million, a 55 percent increase compared to the same period the previous year. The Weybridge-based FTSE 100 packaging and the paper firm stated that increased average selling prices and overall volume growth helped offset significant cost pressures. During the quarter, corrugated packaging, flexible...

Last year, vehicle flaws caused 1,700 road deaths. Experts advise against cutting auto maintenance during cost-of-living crises.

Creative Media NewsSaturday, 15 October 2022, 4:000

New numbers suggest that faulty brakes, old tires, and broken lights contributed to an increase in road fatalities last year, and experts advise motorists not to skimp on auto maintenance during the current economic downturn. The data indicates that defective and badly maintained vehicles contributed to 1,759 road fatalities in 2021. This is a 7%...

Airbus claims it has “turned the page” on Brexit and will preserve wing production in UK.

Creative Media NewsFriday, 14 October 2022, 22:000

The British economy received a significant boost after Airbus CEO Guillaume Faury declared that the company had “turned the page” on its opposition to Brexit and committed to preserving aircraft wing manufacture in the United Kingdom. The Toulouse-based aircraft manufacturer voiced severe warnings about the likely consequences of leaving the European Union, causing concern for...

British Airways owner IAG anticipates £1bn profits after reservations surge.

Creative Media NewsFriday, 14 October 2022, 16:000

IAG, the owner of British Airways, anticipates record profits for the third quarter due to a robust booking period. The London-based company informed investors on Thursday afternoon that it anticipates an operational profit of around £1 billion (€1.2 billion) for the period. The unexpected revelation caused IAG’s share price to increase by as much as...

Prize garage: This £40m private collection of 18 famous supercars and rally machines is going to sale.

Creative Media NewsFriday, 14 October 2022, 7:000

If you were asked to describe the supercars and racing machines in your ideal garage, we’re willing to bet that one of the models you’d name is included in the collection that will be auctioned next month. The magnificent Gran Turismo Collection consists of 18 historic automobiles from Ferrari, Bugatti, Lamborghini, and the finest era...

World Chess calculates next move with £6.9m London float as Queen’s Gambit Netflix series boosts sport.

Creative Media NewsFriday, 14 October 2022, 4:000

World Chess is planning an $8 million (£6.9 million) IPO on the London Stock Exchange. The firm, which was created in 2017 with the intention of “expanding chess to the worldwide mass market,” hopes to go public in November under the ticker symbol CHSS. In recent years, chess has exploded in popularity, particularly during the...

Rich buyers spend 20% more on Louis Vuitton.

Creative Media NewsFriday, 14 October 2022, 2:000

The sales of the French luxury conglomerate LVMH have increased as wealthy consumers continue to spend lavishly on fashion. The group responsible for Louis Vuitton, Hennessy cognac, and Moet & Chandon champagne benefited from the relaxation of Covid restrictions in China, a vital market for luxury goods. The third quarter of 2022 saw a 19%...

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