Ratcliffe’s INEOS calls on Labour to reopen North Sea drilling Energy The chemical group owned by billionaire Jim Ratcliffe has urged the government to reopen the North Sea for drilling as it lashes out at its latest energy cost scheme for businesses. INEOS, which was founded by Ratcliffe in 1998, said Labour’s British Industrial Competitiveness scheme (BICS) fails to address UK industries relying “far more heavily [...]
Thousands of jobs at risk as Ineos suspends operations at huge UK chemicals plants Industrials Thousands of jobs have been put at risk after Ineos suspended operations at three of the UK’s biggest chemicals plants, as owner Jim Ratcliffe took aim at “ridiculously high” energy prices in the UK. The three plants which are being idled produce the raw materials for pharmaceuticals, clothing, cosmetics, detergents, construction materials and military explosives [...]
INEOS boss: North Sea decommissioning is ideological and destructive Opinion From 2029, decommissioning spending will overtake capital investment in the North Sea. This is economic self-harm, writes Brian Gilvary.
Uefa probes Brighton and Hearts connection under Tony Bloom ownership May 20, 2026 Uefa is scrutinising the relationship between Hearts and Brighton and Hove Albion, with both clubs connected to Tony Bloom on course to qualify for Europe. Brighton owner Bloom holds a 29 per cent stake in Hearts – deliberately below the 30 per cent threshold Uefa prohibits owners from holding in more than one club in [...]
Sir Dave Brailsford has left his role as director with Manchester United May 7, 2026 Sir Dave Brailsford has left his role as director with Manchester United just over two years after his Ineos pal Sir Jim Ratcliffe invested into the Premier League club. Brailsford has had a long-standing relationship with petrochemicals firm Ineos, having become team principal of the Ineos Grenadiers grand tour cycling team after its switch from [...]
Sir Jim Ratcliffe is right – our energy policy is ‘all over the place’ May 6, 2026 Punchy interventions from chemicals tycoon Sir Jim Ratcliffe are not rare; most announcements from his company, Ineos, are enriched with a missive from the billionaire on where exactly the UK is going wrong. But these are no mere PR ploys. The stakes are high and he knows what he’s talking about. Yesterday’s confirmation of his [...]
Jim Ratcliffe warns Britain’s energy policy is ‘all over the place’ as Ineos explores North America with Shell May 5, 2026 Europe and the UK’s approach to energy policy is “all over the place” and eroding the region’s security and growth prospects, Jim Ratcliffe has said in an announcement confirming Ineos’s plans to expand its oil and gas operations in the Gulf of Mexico. In a statement announcing Ineos’s fresh investment in the US alongside Shell, [...]
Ratcliffe’s Ineos signs £85m deal with Netcompany for grand tour cycling team April 28, 2026 Ineos has struck an £87m deal with Netcompany which will see the IT services firm become co-title partner of the Grenadiers grand tour cycling team. The Netcompany Ineos Cycling Team will debut at next week’s Giro d’Italia and see the cycling team – once Team Sky – have a third-party sponsor besides Sir Jim Ratcliffe’s [...]
Ratcliffe’s Ineos could sell off assets as chemicals sector struggles February 25, 2026 Ineos is reportedly considering selling off parts of its business, as the chemicals giant attempts to shore up its finances amid a wider industry downturn. The firm founded and chaired by Jim Ratcliffe has held preliminary talks about selling off parts of its vinyls business Inovyn, Europe’s largest producer of PVC, a plastic widely used [...]
Manchester United owner Ratcliffe cuts asking price in bid to offload club January 15, 2026 Manchester United co-owner Sir Jim Ratcliffe has cut his asking price for OGC Nice as he attempts to trim the French club from his shrinking Ineos sports portfolio. Ratcliffe bought the Ligue 1 outfit for €100m in 2019, two years after the side based on the French Riviera had finished third in the domestic league, [...]