Porsche Cayman GT4 RS review: street fighter August 9, 2022 Tim Pitt drives the Porsche Cayman GT4 RS – a factory hot rod with the 500hp flat-six from the 911 GT3. It could be the last of a dying breed.
Inmarsat and Viasat £5.4bn merger paused until CMA wraps up probe August 9, 2022 The £5.4bn takeover of British satellite giant Inmarsat by US rival Viasat has been put on hold until the UK’s competition watchdog completes a probe into the merger. The Competition and Markets Authority today officially launched an inquiry into the merger, having invited onlookers for comment in late July. The regulator will have until 5 [...]
Brits to face record £4,400 energy bills as gas prices refuse to come down August 9, 2022 Cornwall Insight has hiked its price cap forecasts to over £4,000 next year, attributing the rise to Ofgem's decision to shift to a quarterly model.
Felixstowe strike set to go ahead as no deal reached yesterday August 9, 2022 The strike at the port of Felixstowe is set to go ahead after no deal was reached yesterday between dock workers and port authorities. The union announced that around 1,900 staff members will walk out for eight days, from 21 to 29 August, over salaries. Felixstowe said it was disappointed by the union’s decision to [...]
Investors reach for the bottle as inflation soars August 9, 2022 Nervous investors are turning to wine as a steady store of value as inflation climbs.
London’s Right to Buy-back scheme unlocks over 1,500 council homes August 9, 2022 More than 1,500 London homes have been brought back into public ownership over the past year, under London mayor Sadiq Khan’s Right to Buy-back scheme. The scheme, announced last July, aims to boost the capital’s supply of council homes, giving 14 boroughs access to £15m to buy back properties which have been – or will [...]
Avast operating profit sink ahead of £7bn takeover August 9, 2022 Antivirus software giant Avast’s operating profit has sunk so far this year, as it looks set for a takeover by fellow cybersecurity heavyweight NortonLifeLock. Operating profit plunged by $54.2m (£44.8m), from $226.7m (£187.6m) to $172.6m ($142.8m), which bosses said had been driven by higher exceptional and other costs. While revenue inched 0.2 per cent higher [...]
Exclusive: Energy giants urge struggling customers to get in touch ahead of winter August 9, 2022 Some of the biggest energy firms have encouraged worried customers to make contact with them as soon possible.
Coca-Cola HBC acquires Greek bartenders’ mixer firm Three Cents August 9, 2022 Coca-Cola HBC has snapped up premium mixer firm Three Cents for €45m, the global beverage titan announced on Tuesday. The transaction is expected to be completed in the second half of 2022 and is subject to customary closing conditions and regulatory approvals. Three Cents is publicly listed in Greece and was founded in 2014 by [...]
Housebuilder Bellway boasts record £3.5bn revenue as UK property prices soar August 9, 2022 Bellway, one of Britain’s largest housebuilders, has boasted a record annual housing revenue of £3.5bn, bosses announced today. The figure has grown by more than £1bn since 2020, and some £400m since last year. Despite raw material and labour cost inflation, Bellway’s housing completions jumped by 10.5 per cent in the year to 31 July, [...]
