Liz Truss weighs up £100bn plan to freeze record energy bills September 5, 2022 Liz Truss is expected to unveil a vast support package to deal with surging energy costs, as first reported in The Times.
Dechra sets sights on expansion with two major deals and South Korean subsidiary September 5, 2022 Veterinary business Dechra has its sights set on expansion after setting up a new subsidiary in South Korea and injecting nearly £400m on acquisitions this summer alone. “We have continued to progress on all aspects of our strategy; the product development pipeline was strengthened, material acquisitions were completed post year-end and a new subsidiary was [...]
Shelling Out: Shell confirms bumper pay-outs to shareholders September 5, 2022 Shell has confirmed shareholders will be able to take dividends in euros and pounds, alongside dollars, after its massive Q2 performance.
Brewdog boss calls for emergency tax relief as pubs stare down ‘existential threat’ of high bills September 5, 2022 Brewdog CEO James Watt has called for emergency tax relief for the hospitality industry as pubs battle the “genuinely existential threat” of rising energy bills. Last week, the Scottish brewer and bar group announced it would be closing six outlets across the UK, including three in London, due to elevated headwinds. The situation facing pubs [...]
Vistry swoops in with £1.25bn bid for rival Countryside September 5, 2022 Housebuilders Vistry and Countryside are expected to push ahead with a £1.25bn merger, the boards of both companies said today. The cash and shares offer is based upon Vistry’s closing share price of 741p as of 2 September, and represents a more than nine per cent premium on Countryside’s closing price of 228p on the [...]
Property franchise the Belvoir group has uptick in revenue built on lettings September 5, 2022 Property franchise the Belvoir group’s revenue was up 12 per cent in the first half of the year driven by the continued high demand for lettings. The firm, which also runs financial services, made £15.4m up until June, up from £13.8m in the same period last year. Its gross profits was dominated by 60 per [...]
Please, end the political pass the parcel and build up our energy infrastructure September 5, 2022 Today the Conservative Party announces its new leader, drawing the curtain down on three years of Boris Johnson’s inimitable premiership. It is the third internal change of leader in six years, and we might hope as a nation that we are now given a little respite. Choosing a lowlight of the campaign is not easy. [...]
Britain is being failed by a lumbering digital state September 5, 2022 If you’re struggling to heat your home, how would you feel if you just missed out on £1,467 because of a computer glitch? In May this year, Rishi Sunak was blocked from raising benefits in line with inflation. The culprit? A 40-year-old IT system unable to process more than one benefit rise a year. Ineffective [...]
Economic fraudsters are shapeshifters who adapt their crime to fit the tech or the crisis September 5, 2022 Later today we will know who has won the Conservative Party leadership election and, in turn, welcome a new prime minister. Immediately there will be many priorities the new administration will have to address as the UK faces major economic, social and environmental challenges. Amid this bulging in-tray, one thing that should not be forgotten [...]
‘Brexit’s biggest rewards’: New data bill makes way through parliament September 5, 2022 New data reforms, which digital secretary Nadine Dorries reckons will be “one of Brexit’s biggest rewards”, is set to be debated in parliament today. Under the Data Protection and Digital Information Bill, firms will be given the flexibility to protect personal data in more proportionate ways rather than forcing them to follow the same processes [...]
