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Business

  • Tullow Oil faces hefty £243m tax bill in Ghana following bumper revenues

    January 25, 2023

    Tullow Oil is facing a hefty £243m ($300m) tax bill in Ghana - home to the fossil fuel producer's flagship fields.

  • Gambling firm In Touch fined over £6m for failing to protect vulnerable customers and money laundering breaches

    January 25, 2023

    In Touch Games has been fined £6.1m for social responsibility and money laundering failings by the Gambling Commission. The gambling firm, which operates 11 websites including bonusboss.co.uk, cashmo.co.uk, drslot.co.uk, jammymonkey.com and slotfactory.com, was charged over not having appropriate policies, procedures and controls in place and not sufficiently considering or implementing the regulator’s money laundering and [...]

  • The Notebook: Jimmy McLoughlin on ChatGPT, a healthy EY boss and the Scotch industry

    January 25, 2023

    The political aide turned podcast host riffs on ChatGPT, the Scotch industry and RSVPs to the party of the year

  • Pub body slams energy firms over sky-high bills amid calls for Ofgem investigation

    January 25, 2023

    The UK's leading pub body went to war with the country’s energy firms yesterday, accusing them of profiteering.

  • Heat pumps too expensive to meet social housing needs, warns Sureserve

    January 24, 2023

    The government will need to drive down the price of heat pumps if it is serious about transitioning from gas boiler, warns Sureserve.

  • Newmed reveals chance of Capricorn merger has ‘significantly decreased’ after boardroom exodus

    January 24, 2023

    New Med's proposed £277m merger with Capricorn Energy is at risk of collapse, with chances of a deal significantly decreasing.

  • Rise of the TW*Ts: TfL reveals tumble in Friday morning commuters, but night owls coming back to the capital

    January 24, 2023

    Mondays and Fridays are the quietest days on London’s tube network in a sign that post-Covid hybrid working patterns are here to stay. Data published by Transport for London (TfL) showed a 13 per cent dip in passenger numbers on any given Monday between October and December 2022 compared to the rest of the week. [...]

  • Crown Estates sues Twitter over unpaid rent of its Piccadilly Circus HQ

    January 24, 2023

    Twitter is being sued by the Crown Estates over unpaid rent relating to its Piccadilly Circus-based headquarters building. The Crown Estates manages property for King Charles III and the monarchy, which includes the 10m sq Twitter headquarters in central London. The estate filed the claim against Twitter Inc, which is also facing legal action over [...]

  • Eurostar announces new name and brand identity – as Eurostar

    January 24, 2023

    Eurostar has unveiled its new brand identity complete with a logo, symbol and name: Eurostar.  The high-speed rail line’s regeneration includes bringing in  French-Belgian high-speed train operator  Thalys and Eurostar under one company name, the Eurostar Group.  Announcing the move on Tuesday, all of its 51 trains will carry a new star symbol by the [...]

  • Millions at risk if household energy support package is cut in April, Utilita warns

    January 24, 2023

    The government should maintain support packages at current levels to ease pressure on households, warned Utilita.

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