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Business

Business

Energy services group Hometree lands £50m from Canadian giant CPPIB

A residential energy services provider backed by leading City investors has secured a £50m funding boost from one of the world’s biggest pension funds....

by admin October 16, 2024
Energy services group Hometree lands £50m from Canadian giant CPPIB
Business

UK inflation dip suggests economic wind is favourable – but dark cloud over public finances remains

A larger-than-anticipated fall in inflation last month to 1.7% is the latest gust of economic data to suggest the prevailing economic wind is favourable. The...

by admin October 16, 2024
UK inflation dip suggests economic wind is favourable - but dark cloud over public finances remains
Business

Trio in battle to buy stake in accountancy firm Grant Thornton UK

A trio of buyout firms have been shortlisted to buy a stake in the UK operations of Grant Thornton, one of Britain’s six biggest...

by admin October 15, 2024
Trio in battle to buy stake in accountancy firm Grant Thornton UK
Business

Ofwat to name LEK Consulting as Thames Water ‘policeman’

Scrutiny of Thames Water, the crisis-hit utility, will intensify this week when the industry regulator appoints LEK Consulting as an independent monitor of the...

by admin October 15, 2024
Ofwat to name LEK Consulting as Thames Water 'policeman'
Business

CBI in talks to sub-let parts of London headquarters

The CBI, the struggling business lobbying group, is in talks to sub-let parts of its vast London headquarters as it continues to seek cost-cutting...

by admin October 15, 2024
CBI in talks to sub-let parts of London headquarters
Business

Bank of England currency printer De La Rue in £300m sale

An American predator is close to sealing a £300m swoop on a division of De La Rue, the Bank of England’s banknote printer, in...

by admin October 14, 2024
Bank of England currency printer De La Rue in £300m sale
Business

Chancellor Rachel Reeves ‘wouldn’t have any problems’ getting on P&O ferry – after previously criticising firm’s ‘disgraceful behaviour’

Rachel Reeves has said she “wouldn’t have any problems” getting on a P&O ferry following the fire-and-rehire scandal. The chancellor was asked to clarify...

by admin October 14, 2024
Chancellor Rachel Reeves 'wouldn't have any problems' getting on P&O ferry - after previously criticising firm's 'disgraceful behaviour'
Business

Chief executives praise Labour’s plans after investment summit – but there’s a caveat

This International Investment Summit has been circled in the new government’s diary from the day it took office as a key opportunity to set...

by admin October 14, 2024
Chief executives praise Labour's plans after investment summit - but there's a caveat
Business

Ex-Google boss warns Sir Keir Starmer UK will fail to meet 2030 clean energy goal without fixing regulation

Google’s former boss has warned Sir Keir Starmer he will fail to meet his 2030 clean energy goal unless he fixes UK regulations. Eric...

by admin October 14, 2024
Ex-Google boss warns Sir Keir Starmer UK will fail to meet 2030 clean energy goal without fixing regulation
Business

InPost to take full control of UK distribution group Menzies

InPost, the operator of tens of thousands of parcel delivery lockers across Europe, is closing in on a deal to take full ownership of...

by admin October 14, 2024
InPost to take full control of UK distribution group Menzies
Business

Sir Keir Starmer to pledge to get rid of regulation that ‘holds back investment’ at business summit

The prime minister will pledge to get rid of regulation that “needlessly holds back investment” at a major business conference in London today. The...

by admin October 14, 2024
Sir Keir Starmer to pledge to get rid of regulation that 'holds back investment' at business summit
Business

Starmer to hail more than £50bn in investment at key summit

The government will on Monday welcome more than £50bn of investment in the British economy as Sir Keir Starmer tries to reset his administration...

by admin October 13, 2024
Starmer to hail more than £50bn in investment at key summit
Business

‘We had conversation’ with P&O Ferries owner, says minister, after criticism ‘put £1bn investment under review’

The government had to “have a conversation” in order to secure the landmark DP World investment announcement that was reportedly derailed by comments from...

by admin October 13, 2024
'We had conversation' with P&O Ferries owner, says minister, after criticism 'put £1bn investment under review'
Business

Trading platform Ziglu adds customers with acquisition of Damex arm

A British-based investment and banking app has struck a deal to acquire part of a Gibraltar-based rival that will instantly add tens of thousands...

by admin October 13, 2024
Trading platform Ziglu adds customers with acquisition of Damex arm
Business

P&O Ferries owner’s £1bn investment in UK will go ahead despite transport secretary calling for boycott of shipping firm

A £1bn investment in Britain by port operator DP World will go ahead as planned, after a frantic effort by ministers and diplomats to...

by admin October 12, 2024
P&O Ferries owner's £1bn investment in UK will go ahead despite transport secretary calling for boycott of shipping firm
Business

P&O Ferries owner will attend UK investment summit despite despite scathing criticism from minister

The boss of the company that owns P&O Ferries will attend an investment summit in the UK despite the transport secretary’s scathing criticism, which...

by admin October 12, 2024
P&O Ferries owner will attend UK investment summit despite despite scathing criticism from minister
Business

Boeing to cut 17,000 jobs amid worker strike and financial losses

Boeing will cut 17,000 jobs – 10% of its workforce – as the US plane maker deals with various issues across its business.  Chief...

by admin October 12, 2024
Boeing to cut 17,000 jobs amid worker strike and financial losses
Business

Tortoise Media lines up backers to deliver takeover of The Observer

One of the world’s most successful private equity chiefs is being lined up to help fund a takeover of The Observer, the world’s oldest...

by admin October 12, 2024
Tortoise Media lines up backers to deliver takeover of The Observer
Business

Blow to No 10’s investment summit as port giant pulls £1bn announcement over P&O row

The government’s Investment Summit has suffered a major blow after ports and logistics giant DP World pulled a scheduled announcement of a £1bn investment...

by admin October 11, 2024
Blow to No 10's investment summit as port giant pulls £1bn announcement over P&O row
Business

Scores of companies take AIM at Reeves over tax threat

More than 140 London-listed companies including Fevertree Drinks, Jet2, Mothercare and YouGov have warned the chancellor that uncertainty over the continuation of a vital...

by admin October 10, 2024
Scores of companies take AIM at Reeves over tax threat
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