London legend Charlie Mullins sells his Pimlico Plumbers empire for nearly £100m September 21, 2021 London’s best-known plumber, Charlie Mullins, is selling the company he founded more than 40 years ago – Pimlico Plumbers – to U.S.-based Neighborly. Fnancial details of the transaction were not disclosed, but Mullins reportedly pockets close to £100m, according to various media reports. Founded in 1979, Mullins started the company by working from home with [...]
Brits face choice between heating and eating, warns personal finance guru Martin Lewis September 20, 2021 Thousands of Brits will be forced to make the devastating choice between heating and eating as energy bills rise, Martin Lewis has warned. The consumer and personal finance champion called the ongoing energy crisis “catastrophic” and said intervention is needed to help consumers. Soaring wholesale gas prices are putting an upward pressure on energy bills. [...]
Pandemic separation prompts Cambridge’s vice-chancellor to return to Canada September 20, 2021 The vice-chancellor of the University of Cambridge said today that being separated from his children and grandchildren by closed borders during the pandemic “has been hard”, adding that being near his family and friends is “more important than ever”. Therefore, Professor Stephen J. Toope plans to step down at the end of September next year [...]
Exclusive: ASOS and Boohoo lead the pack as online-only retail sales hit record £16bn September 20, 2021 Sales at the UK’s 20 biggest online-only retailers have reached a record £16.4bn in the last year, rising 22 per cent from £13.2bn the previous year, according to calculations based on Companies House data. This growth continues to be driven by the success of fashion retailers, which increased their revenues by 14.2 per cent to [...]
Energy sector braces itself for wave of supplier bankruptcies as crisis grows September 20, 2021 The Government wants energy firms to “stay afloat organically”, as the growing energy crisis led to company bosses saying the outlook was “looking bleak”. Four firms have already folded and there are fears that more could follow. With wholesale prices for gas surging by 250 per cent since January, with a 70 per cent rise [...]
Exit without paying at any till: Aldi trialling first checkout-free supermarket September 20, 2021 Aldi is trialling its first checkout-free store to allow customers to shop at the supermarket and exit without the need to pay at a till. The discount supermarket chain said the store is in London but declined to give further details of the location of the trial site. It said shoppers will scan a smartphone [...]
15,000 Brits who took part in Novavax trials unable to prove Covid vaccine status September 20, 2021 Ministers are being urged to help thousands of people who took part in Covid-19 vaccine trials who cannot prove their vaccination status. Trial participants have described being “trapped” and “in limbo” because they are unable to get a licensed Covid-19 vaccine or travel abroad. Around 15,000 Britons took part in the Novavax Covid-19 vaccine clinical [...]
Evergrande shares nosedive as fears of a messy default mount September 20, 2021 Shares in ailing Chinese property developer Evergrande plummeted to 11-year lows today as fears of a messy default mounted. Watch the full report.
Not such a green City: Two thirds of firms have zero plans for sustainability September 20, 2021 More than two thirds of all businesses across the UK have no environmental sustainability policy, according to new research shared with City A.M. this morning. A survey by recycling group Suez and the British Chambers of Commerce found that 64 per cent of around 1,000 businesses surveyed said they had no such plan. Overall only [...]
British Gas takes on 350,000 customers from collapsed People’s Energy September 20, 2021 British Gas has agreed to take on an extra 350,000 domestic customers from collapsed energy firm People’s Energy, regulator Ofgem has confirmed. The company went bust last week, leading to Ofgem finding another supplier to take on the firm’s customers. Outstanding credit balances including money owed to both existing and former domestic customers of People’s [...]
