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By: City A.M. Reporter

All 2878 Articles
  • Shell to ditch retail energy arm as suitors circle its 1.5m UK customers

    June 6, 2023

    Shell has confirmed it has decided to exit its home retail energy businesses in the UK, Germany and the Netherlands.

  • ‘The destruction of Ukraine’s Kakhovka dam is an abhorrent act – and a war crime’ – Cleverly

    June 6, 2023

    James Cleverly said that damage to a dam in Ukraine, which Russia is accused of carrying out, is a “catastrophe” and an “abhorrent act”. Ukraine has accused Russian forces of blowing up a major dam and hydroelectric power station in a part of southern Ukraine “The destruction of Kakhovka dam is an abhorrent act,” the [...]

  • All you need to know: Ukraine blames Russia for ‘war crime’ Kakhovka dam explosion

    June 6, 2023

    Ukraine blames Russia for the bombing of the Kakhovka dam, with thousands now set to be hit by floodwaters and concerns over a nuclear plant

  • Ofgem slaps SSE with £10m fine for overcharging National Grid

    June 6, 2023

    Energy giant SSE is to pay a £9.8m penalty after breaching its generation licence, the industry regulator has announced.

  • “Russian terrorists”: Kremlin blamed for catastrophic Ukraine dam blast that could leave thousands homeless

    June 6, 2023

    A major Soviet-era dam in the Russian controlled part of southern Ukraine was breached on Tuesday, unleashing floodwaters across the war zone in what both Ukraine and Russia said was an intentional attack by the other’s forces. Unverified videos on social media showed water surging through the remains of the dam with bystanders expressing their [...]

  • British Airways and Boots hit by cyber attack with UK staff bank details stolen

    June 5, 2023

    British Airways and retailer Boots said their staff were amongst those hit by a cyber attack on Zellis, a payroll provider used by hundreds of companies in the UK. British Airways, owned by IAG said it had notified affected employees and was providing them with support. “We have been informed that we are one of [...]

  • Diageo chief Sir Ivan Menezes has emergency surgery before retirement as first female CEO takes charge

    June 5, 2023

    Spirits giant Diageo has announced the appointment of its first female chief executive following the retirement of long-term boss Sir Ivan Menezes, who’s now in hospital. The appointment of Debra Crew as interim chief executive was announced this morning, while its existing chief undergoes emergency surgery. He will formally retire at the end of the [...]

  • Epsom Derby: 19 animal rights activists arrested ahead of plans to disrupt event

    June 3, 2023

    Nineteen activists have been arrested ahead of plans to disrupt the Epsom Derby on Saturday, police said. The group Animal Rising accused Surrey Police of “abusing” their powers after 19 people were arrested on Saturday morning based on intelligence received by officers. A spokesman for the force said 11 people were arrested at addresses in [...]

  • Wall Street leaps after strong US jobs report

    June 3, 2023

    Stocks moved higher on Friday after a strong report on the US job market suggested a recession may not be as close as Wall Street had feared. The S&P 500 leaped 1.5 per cent  for the latest surge in a rally that has vaulted it nearly 20 per cent  since mid-October. That put Wall Street’s [...]

  • Just Stop Oil gets backing of Hollywood director Adam McKay who will TRIPLE donations this weekend

    June 3, 2023

    Hollywood film director Adam McKay has pledged to triple donations to Just Stop Oil over the weekend, the group said. McKay, who made Netflix film Don’t Look Up, a climate change satire, as well as Step Brothers and The Big Short, said he stands with the protesters, praising them for waking up “sleeping governments”. He [...]

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