Britain set to launch carbon levy on imported goods such as iron, steel and cement in 2027 December 18, 2023 A carbon price is used by governments to help reduce emissions by charging a fee on carbon pollution to encourage industries to cut their greenhouse gases.
Vodafone share price rises as Iliad invites it to merge Italian operations December 18, 2023 Iliad said on Monday it had submitted a proposal to Vodafone to merge their Italian businesses, adding the project had the unanimous support of its board of directors. “The merged business would be expected to generate revenues of around £5bn and EBITDA of approximately £1.38bn (€1.6bn) for financial year ending March 2024,” Iliad said in a statement. [...]
H&M sales fall back after warm weather dented September shopping December 15, 2023 H&M Group has reported stagnant sales in recent months as the international fashion retailer faces a slowdown in consumer spending and the knock-on impact of closing stores in Russia. Between September and November, net sales fell by 4% in local currencies compared with the same period last year, totalling 62.6 billion Swedish krona (£4.8 billion). [...]
Heathrow airport expects passenger numbers to hit record levels in 2024 December 15, 2023 Heathrow expects 79.1 million passengers to have travelled through the airport this year.
Natwest says no evidence of discrimination in Coutts bank account closures December 15, 2023 Natwest, which owns Coutts, said lawyers at Travers Smith analysed 84 account closures in the two years to July 28, about a 10 per cent sample of all the relevant cases in that time.
Farage debanking row: Law changed so politicians are seen as lower risk December 15, 2023 It comes after Nigel Farage revealed that Coutts, owned by NatWest Group, had moved to close down his bank account, prompting a row over the current UK banking rules.
London house prices: Property boss on where he’d be buying in the capital December 15, 2023 MANY regions across the UK can expect to see house price rises in 2024, a leading property association has predicted, with one London spot on their top 10 list
TWaTs: Just a quarter of firms expect staff to be in the office full time December 15, 2023 Only one in four companies expect their staff to be in the office full time in the coming years, research suggests. A survey of more than 1,000 businesses indicates around one in six believe their employees will mainly work remotely. The study, by the British Chambers of Commerce (BCC) and technology firm Cisco, found a [...]
Energy bills to rise further to help suppliers pay off bad debts December 15, 2023 Ofgem said it is proposing a one-off price cap adjustment of £16, equivalent to around £1.33 a month, to be paid between April 2024 and March 2025.
FTSE climbs despite Bank’s wobble on interest rate cuts December 14, 2023 The FTSE 100 has climbed to its highest level for almost two months, despite caution from the Bank of England over expectations that interest rates will be slashed next year.
