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Business

  • Hungary urges EU not to bring in more sanctions on Russia

    September 20, 2022

    Hungary has urged the EU not to impose new sanctions on Russia, warning that further measures would escalate the supply crisis.

  • Uniper set for nationalisation as Germany closes in on deal with Fortnum

    September 20, 2022

    Uniper is on the verge of being fully nationalised, with the German government announcing plans to buy Fortum's stake in the company.

  • Hedge fund trader should stand trial in Denmark over £1.5bn tax fraud scheme, court rules

    September 20, 2022

    A British hedge fund trader should stand trial in Denmark over claims he helped defraud the country’s tax authorities of more than £1bn, Westminster magistrates court has ruled. A London judge said trader Anthony Mark Patterson should be extradited to Denmark to face two charges concerning his alleged role in the £1.5bn tax fraud scheme, [...]

  • Energy saving measures could provide £7bn boost to UK economy

    September 20, 2022

    A Government backed programme to insulate homes could inject £6.8bn into the economy by the end of the decade, says Greenpeace.

  • Trade unions launch legal challenge against UK government’s ‘strikebreaking’ law

    September 20, 2022

    Eleven trade unions, including RMT, Unite and GMB, are seeking permission for a judicial review to overturn the UK government’s strikebreaking law, which lets firms bring in temporary staff to replace striking workers. The trade unions are seeking permission for a judicial review in arguing the law breaches Article 11 of the European Convention of [...]

  • Aramco boss blames Europe for energy supply crisis this winter

    September 20, 2022

    Europe's plans to cap bills for consumers is not a long-term helpful solutions o the global energy crisis, argued Aramco boss Amin Nasser.

  • Deloitte to recruit 3,500 new consultants in £220m hiring spree

    September 20, 2022

    Deloitte is set to hire 3,500 new consultants as part of £220m plans to capitalise on surging demand for advice as businesses seek to navigate the digital and green transitions. The hires will see the Big Four accountancy firm’s increase the size of its consulting workforce by 40 per cent over the next half a [...]

  • Good Energy braces for challenging winter with heavy hedging strategy

    September 20, 2022

    Good Energy has adopted an ultra-conservative hedging strategy ahead of winter as it looks to navigate challenging market conditions.

  • Fire on Uber boat at Battersea Power Station Pier: 30 passengers and four crew evacuated

    September 20, 2022

    More than 30 members of the public were forced to disembark from a Thames clipper at Battersea Power Station Pier after a fire in the boat’s engine room. A blaze was reported on an Uber Thames Clipper, as the Pier station was forced shut on Tuesday. Its operator confirmed the station will be closed until [...]

  • Exclusive: ‘Covid papered over many cracks which gave firms a false positive’, warns Leonard Curtis CEO

    September 20, 2022

    City A.M. reported recently that millions of people across the UK are now struggling to make ends meet, with only one in ten saying they don’t have any financial concerns. And it’s not just individuals that are struggling: Rising bills are the biggest worry for UK businesses, with many concerned about the spiralling cost of [...]

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