UK small nuclear competition: Rolls Royce in, Bill Gates snubbed October 2, 2023 Bill Gates' nuclear reactor design company Terrapower has not been shortlisted for the next round of the government's SMR competition.
UK tax climate putting a block on renewable projects, energy boss warns October 2, 2023 The government needs to reduce the tax burden on renewable producers or risk more companies pulling out of projects.
Half a million sole traders could see bankruptcy over the next year, Tide says October 2, 2023 Bankruptcy could be the future for nearly half a million sole traders in the UK over the next year, new analysis of public business data suggests. The research from the business financial platform Tide says energy bills, late payments, and “soaring” prices are to blame for an increase in financial pressure on entrepreneurs. Sales have [...]
Predictions of death of the high street ‘overstated’, says John Lewis October 2, 2023 Predictions of the death of the high street have been “overstated”, John Lewis has said, as it announced its proportion of sales being made online has fallen and store visits are up.
The Notebook: Guy Hands on why the phrase ‘dead as a dodo’ hits different these days October 2, 2023 Today, Guy Hands, founder of private equity giant Terra Firma Capital Partners, takes the Notebook pen Prime Minister Rishi Sunak is correct in saying that previous governments were not honest with the public about the trade-offs required to hit our climate targets. However I don’t agree with how he has dealt with the issue. McKinsey [...]
Let’s ditch the doom and gloom and shout about the reasons to be optimistic October 2, 2023 It can be easy to be overly pessimistic sometimes and slip into doomsday narratives. Extreme climate activists are one such group that have been accused of being overly apocalyptic and failing to ignore the huge areas of progress. Renewable power capacity is growing at a record pace. Solar energy investments are expected to overtake oil for [...]
Victoria Plum sold in pre-pack administration deal to owner of Beds.co.uk October 1, 2023 The owner of Beds.co.uk and furniture seller Cox & Cox has reportedly snapped up Victoria Plum, one of the UKs biggest online bathroom retailers.
Sunak insists UK is not a ‘laughing stock’ as he fails to rule on HS2’s future October 1, 2023 Rishi Sunak has insisted the UK is not a “laughing stock” as he failed to announce a decision on whether HS2 will ever reach Manchester.
Will thousands of price cuts be enough to help Tesco win big amid cost of living crisis? October 1, 2023 Investors will turn their focus to ‘Big Four’ grocer Tesco’s half year results on Wednesday to see if the company’s consistent slew of price cuts has continued to help it win big with customers amid the cost of living crisis. The supermarket behemoth has weathered the economic storm well, with its market share ticking up [...]
Retailers demand urgent action from government as crime soars October 1, 2023 Dozens of UK retailers have written to Suella Braverman demanding urgent action over the soaring number of crimes made in stores. Some 86 retail leaders, including the bosses of Marks & Spencer and Sainsbury’s, have signed a letter to the home secretary demanding the government clamp down on rising levels of theft and abuse towards [...]