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Ineos

  • Sir Dave Brailsford has left his role as director with Manchester United

    Sport Business

    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 [...]

    GettyImages 2216321856 showing a dynamic business meeting with diverse professionals engaged in discussion around a confer...
  • Sir Jim Ratcliffe is right – our energy policy is ‘all over the place’

    Energy

    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 [...]

    Rachel Reeves and Ed Miliband
  • Jim Ratcliffe warns Britain’s energy policy is ‘all over the place’ as Ineos explores North America with Shell

    Energy

    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, [...]

    Jim Ratcliffes Ineos operations at an offshore oil rig, showcasing industrial equipment and maritime environment.
  • 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, [...]

  • Government injects £120m into Ineos’s Grangemouth plant

    December 17, 2025

    The government has piled over £100m into Britain’s last remaining ethylene plant in Grangemouth, saving hundreds of livelihoods after its owner warned that sky-high energy costs had left it on the brink of closure. Ministers inked a “landmark partnership” with Sir Jim Ratcliffe’s Ineos on Wednesday to secure the future of the Falkirk plant, which [...]

  • Ineos blasts ‘industrial self harm’ as firm battles Brussels over dumping

    November 11, 2025

    Ineos has accused Brussels of “industrial self harm” as the company fights back against what it described as “dumping” of imports to Europe from Asia. The chemicals company, controlled by billionaire Sir Jim Ratcliffe, today confirmed that it has filed or is in the process of filing ten major anti-dumping cases with the European Commission, [...]

  • Petroineos: Sir Jim Ratcliffe-backed energy giant loses $250m

    October 24, 2025

    Petroineos, the energy trading company backed by Sir Jim Ratcliffe, lost $250m (£187.5m) in 2024 as it slumped into the red for the first time since 2020, it has been revealed. The Jersey-based business has reported the pre-tax loss after posting a profit of $30m in 2023. The results for the previous financial year were [...]

  • Sir Jim Ratcliffe: Act now or five million jobs will be lost

    October 9, 2025

    Sir Jim Ratcliffe has called on Europe’s leaders to save the continent’s chemicals industry or risk losing millions of jobs. The founder and chairman of Ineos has urged politicians to make an “eleventh-hour intervention” at what he has described as a “moment of reckoning” for the industry. Sir Jim, who is also known as a [...]

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