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Business

  • Octopus snaps up two German wind farms in European push

    September 29, 2022

    Octopus Energy Generation has announced two new deals for German onshore wind farms worth a combined 57GW.

  • Chief sec to the Treasury: ‘I’m not going to apologise’ for mini-budget – but ‘no one’s perfect’

    September 29, 2022

     The chief secretary to the Treasury has said he’s “not going to apologise” for the mini-budget, as he hits back at the International Monetary Fund’s criticism this morning.  Chris Philp said he “respectfully disagrees” with the IMF, which said the tax cuts would create more inequality in Britain, while speaking on Sky News this morning.  [...]

  • Mitchells & Butlers sounds alarm over soaring energy costs

    September 29, 2022

    Pub and restaurant group Mitchells & Butlers sounded the alarm over soaring inflation today as it reported a dip in sales in the year to September.

  • Just Eat appoints new executives as it eyes up profit

    September 29, 2022

    Just Eat has appointed two new chiefs to its top team today as it angles in on profitability this year and looks to capitalise on a positive first six months trading.

  • M&G names former Axa boss Andrea Rossi as CEO

    September 29, 2022

    M&G has appointed Andrea Rossi as its next chief executive and executive director, joining from Boston Consulting Group.

  • Next boss warns of two cost of living crises after slashing forecasts

    September 29, 2022

    Next has slashed its sales forecasts for the second half of the year today despite a 16 per cent jump in pre-tax profit in the six months to July.

  • All change at the top of Vodafone as two members of executive committee retire

    September 29, 2022

    It’s all change at the top of Vodafone as the company announces two members of its top committee have retired.  Rosemary Martin and Johan Wibergh will step away from their roles after almost 20 years working for the company collectively.  Martin retires as croup general counsel and secretary while Wibergh leaves as the group’s chief [...]

  • Government rolls out £1.5bn to boost energy efficiency across vulnerable households

    September 29, 2022

    The Government has announced £1.5bn in funding to boost energy efficiency and cut bills for low income households across the country.

  • Government has a second chance – it can’t fluff its lines yet again

    September 28, 2022

    The UK Economy: Apocalypse Now? Black Wednesday, Mark 2? Not quite. But if social media’s hot takes on the state of the UK economy are wide of the mark, the pressure on Kwasi Kwarteng and the Bank to restore credibility is now immense. The good news is that will not be as difficult as some [...]

  • Tech startup helps businesses to combat £9bn waste in productivity due to poor mental health

    September 28, 2022

    12 billion workdays lost annually to mental ill-health but young entrepreneur thinks he has the solution. Mental health issues in the workplace are costing the global economy over £9bn ($1tn) due to lost productivity say international agencies.  The World Health Organization (WHO) and the International Labour Organization (ILO) are calling for “concrete actions” as depression [...]

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