Media: Bonhill offered £5.3m cash for InvestmentNews but admits to ‘no certainty’ on a sale February 6, 2023 Bonhill Group revealed that it had received an offer for InvestmentNews from an unnamed US buyer as it updated shareholders on the potential sale of its UK and Asia business. The London-listed company, which produces magazines and events for financial advisers, said it had received a $6.5m (£5.3m) cash offer from a US media buyer [...]
Change at Shanta Gold as mining company appoints new finance chief and COO February 6, 2023 AIM-listed Shanta Gold appointed a new chief operating officer and chief financial officer on Monday morning, as its previous CFO stepped down to pursue other opportunities. The East Africa-focused gold producer and explorer promoted Honest Mrema, who has been at the company since 2015, to the role of COO. Most recently he was group technical [...]
Hundreds dead in Turkey and Syria following powerful 7.8 magnitude earthquake February 6, 2023 The death toll in Turkey and Syria has reached 360 people after a powerful 7.8 magnitude earthquake toppled buildings and triggered a frantic search for survivors in the rubble in cities and towns across the region. On both sides of the border, residents jolted out of sleep by the pre-dawn quake rushed outside on a [...]
Shapps slams Ofgem for being in thrall to energy firms February 6, 2023 Ofgem is in the crosshairs of Business Secretary Grant Shapps, who has accused them of failing to regulate the industry properly.
National Grid demands warming up of coal unit as UK braces itself for a further icy blast February 6, 2023 National Grid has called for one of the UK's remaining coal units to be warmed up to ease potential pressures on operating margins.
Beyonce is most decorated artist of all time with 32nd Grammy, as Adele, Sam Smith and Harry Styles scoop major gongs February 6, 2023 Beyonce has become the most decorated Grammy artist of all time, collecting her 32nd trophy at this year’s ceremony. The pop superstar, 41, made history as she won the best dance/electronic music album award for her house music-sampling album Renaissance. This took her one higher than the previous record, held by Hungarian-British conductor Georg Solti, [...]
Only two new onshore wind turbines were built in England last year, reigniting calls for planning reform February 6, 2023 Just two onshore wind turbines were installed in England last year, as the industry awaits pledged planning reforms for new projects.
Regulator’s fraud reimbursement scheme is ‘fundamentally flawed’, top MP says February 6, 2023 The Payment Systems Regulator’s (PSR) new fraud reimbursement scheme is “fundamentally flawed,” Chair of the Treasury Committee Harriet Baldwin has said. The PSR is considering using its statutory powers to force Pay.UK – Britain’s interbank payments standards body – to amend its rules to ensure fraud victims are reimbursed by banks, according to draft proposals [...]
Business lending to drop at fastest rate in decades as recession fears intensify February 6, 2023 Bank to business lending is forecast to contract sharply in 2023 while mortgage lending will grow at its slowest pace since 2011 as fears of recession intensify, economists have predicted. According to the latest forecast from EY Item Club, an economic forecasting group, bank to business lending is expected to contract 3.8 per cent this [...]
Energy crisis: Can someone shine a light on the Bulb takeover deal? February 6, 2023 Octopus' takeover deal for Bulb is set to cost the taxpayer much less than originally feared, but the deal remains shrouded in secrecy.