Deal agreed for the purchase of Biffa for £1.3bn September 27, 2022 An agreement has been reached for the purchase of waste management firm Biffa by Bears Bidco, run by ECP, for £1.3bn. Bidco, a new firm controlled by funds operated by Energy Capital Partners’, will make the purchase subject in the fourth quarter of 2022. The acquisition was announced by the two companies’ board of directors [...]
Close Brothers profits tumble 18 per cent amid trading slowdown September 27, 2022 Merchant banking group Close Brothers saw profits shrink by 18 per cent in the year to July as its Winterflood business was hammered by volatile markets and a slowdown in trading activity.
Yu Group navigates choppy waters to boost supplier business September 27, 2022 Yu Group has eased its way through the volatility energy market and vastly ramped up the scale of its business.
North Sea body backs easing climate rules for oil and gas amid green fury September 27, 2022 Offshore Energies UK has supported the scrapping of scope three emissions requirements for new oil and gas exploration.
The United Nations’ gathering was an urgent call for our leaders to think bold September 27, 2022 If you noticed the city a little empty of the usual politico, media and business types last week, it wasn’t an extension of the official mourning period. As soon as the ceremonials were complete large swathes of our political class decamped to the United Nations General Assembly, the annual diplomatic circus that takes over the [...]
If we don’t fix London’s housing, families will get stuck in temporary accommodation September 27, 2022 This coming winter will be hard for millions of Londoners, with energy costs and inflation hitting almost everyone. But it will be harder still for the thousands of families stuck in temporary accommodation who don’t have a permanent home. The numbers affected are staggering – 59 per cent of all English households in temporary accommodation [...]
A new Tory green agenda has to be stubbornly pro-growth September 27, 2022 In 1990, Margaret Thatcher called for action on climate change, remarking that we all need to “make changes and sacrifices, so that we do not live at the expense of future generations”. The key question is whether Truss will follow in the footsteps of her idol, or take more inspiration from Thatcher’s climate sceptic Chancellor [...]
Exclusive: Entertainment and media firms hold nerve against economic instability September 27, 2022 UK entertainment and media firms are holding their nerve against a backdrop of economic turmoil, opting for digital investment over cuts. While there is short-term uncertainty in the market, confidence and growth can be seen in the long-term direction of the entertainment and media (E&M) industry, according to a new report from PwC. The big [...]
Letters: Prevention in our offices September 27, 2022 [Re: Hello, 999? Our ambulances are in desperate need of emergency surgery, 22 September] Therese Coffey’s ABCD plan for the health service will be viewed by many as a welcome step to address systemic issues faced by the NHS especially in improving ambulance delays and GP waits. With long term sickness levels at a record [...]
Oxford Street to slash ‘opening hours’ for Christmas lights amid energy crisis September 27, 2022 Oxford Street will lower its energy usage by two-thirds this Christmas as it lights up for the festive season. Amid the ongoing energy crisis, London’s famous light display is brightening the street with energy-efficient LED bulbs and reducing its operating hours this year. The switch on, taking place on 2 November, will illuminate the sky [...]