Octopus looks to slash heat pump costs with Lloyds deal November 9, 2022 Renewable energy firm Octopus has struck a deal with Lloyds Banking Group to roll-out low-cost heat pumps to customers today, in a tie-up that aims to boost the decarbonisation of domestic heating.
Tesco nudges 2m shoppers to spend £13m of expiring vouchers before Christmas rush November 9, 2022 Tesco has reminded 2m of its customers to spend up-to £13m in unclaimed vouchers before they expire in a bid to battle the cost of living crisis this Christmas. The retail giant’s friendly nudge to almost 2 million people comes as the cost of living continues to bite, and many look to save money ahead [...]
Venture Capital funds reverse as private firms are hit by headwinds November 9, 2022 Private equity and venture capital funds have reversed and begun losing investors cash in the past quarter as the market is buffeted by a cocktail of interest rate hikes and a looming recession, according to a new report.
Nigel Farage backs Simpson’s Tavern campaign railing against City becoming ‘corporatised and homogenised’ November 9, 2022 Brexit campaigner Nigel Farage has thrown his weight behind the campaign to save the historic Simpson’s Tavern, as a crowdfunding campaign approached £80,000. The former UKIP and Brexit Party leader, who worked in the city before entering politics, penned an op-ed this week blaming the ‘work from home culture’ as a contributing factor to the [...]
EQT Ventures eyes UK investment spree with £970m fund November 9, 2022 Sweden’s EQT Ventures said it was eyeing up a UK investment spree today after it bucked a downturn in the market to raise $1.1bn (£970m) to pump into early-stage tech firms across Europe.
Barclays told to pay £1m to more than 1,000 mortgage customers over PPI breaches November 9, 2022 The UK’s competitions watchdog has ordered Barclays to pay up to £1m in compensation to at least 1,000 of its mortgage customers, over its failure to comply with rules around Payment Protection Insurance (PPI) policies. The UK’s Competition and Markets Authority (CMA) said Barclays should pay compensation to as many 1,306 of its mortgage customers, [...]
Crypto market rocked by FTX near-collapse November 9, 2022 The cryptocurrency market has plunged in value today as it reels from the near-collapse of one of the biggest exchanges, FTX, last night.
Johnson & Johnson to face UK class action lawsuit over talc asbestos claims November 9, 2022 Johnson & Johnson is set to face a class-action lawsuit brought forward by high-profile Houston litigator Mark Lanier’s new UK-based firm. The Houston litigator’s new law firm is launching a British class-action lawsuit against Johnson & Johnson over claims the New Jersey pharma giant’s talc products caused UK customers to develop cancer. The lawsuit is [...]
M&A Purchasing Power: A US Shopping Spree in Europe? November 9, 2022 | City Talk The US dollar has gained strength over the last few months. And the euro fell below parity with it in July. And the pound… well, let’s not get started. For international organizations with dollar-denominated debts, conditions have become more expensive over the course of this year. Conversely, for US consumers, a stronger dollar will lead [...]
Chief executive of Revolution Beauty resigns with immediate effect November 9, 2022 The chief executive of Revolution Beauty has resigned as director with immediate effect and is stepping down from the business completely. Adam Minto quit while the company while continues with an independent investigation after problems with audits over its accounts. This comes after both its CEO and executive chairman voluntarily “stepped away” from day-to-day management [...]