Drax faces political storm over claims it used loophole to keep £639m from bill payers August 3, 2023 The chair of a leading Westminster panel has vowed to investigate reports Drax has been switching off one of its biomass units.
QB legend Tom Brady switches NFL for football with Birmingham City investment August 3, 2023 Tom Brady, the seven-time Super Bowl champion, has invested in Birmingham City alongside existing shareholder Tom Wagner
Government warned that a poor investment climate risks new UK energy projects August 3, 2023 The UK’s investment climate must be improved if the government wants to attract more private sector funding for renewable projects.
Sports medicine boosts Smith & Nephew results as chief financial officer steps down August 3, 2023 Medical device manufacturer Smith & Nephew has reported revenue and profit increases due to higher demand for sports medicines as the chief financial officer steps down. Strong performance in sports medicine, advanced wound management, and orthopaedics, which together make up 60 per cent of their business, has led to a 7.3 per cent rise in [...]
Wizz Air smashes passenger records as CEO predicts further summer growth August 3, 2023 Wizz Air said it carried a record 15.3 million passengers in the three months to 30 June, up 25.5 per cent on 2022, as the ultra-low cost airline swung into profit on the back of soaring demand for travel. The historic traffic figures helped the carrier report a €79m (£68m) profit, up from a €284.5m [...]
London Stock Exchange: Buybacks to sweeten shareholders despite profit fall August 3, 2023 The London Stock Exchange Group expects to hand out as much as £750m to shareholders in buybacks by next April.
Next: Retail giant does it again with further profit guidance upgrade August 3, 2023 Next is upgrading its full year guidance for group profit before tax by £10m to £845m, following a strong performance in the second quarter helped by summer sales.
Chapel Down: Meet the man bringing a bit of Bazball to English bubbles August 3, 2023 Chapel Down is England's sparkling wine ambassador to the world. We speak to the man at the helm of the growing Kent winemaker.
Rolls Royce: Aviation rebound sees five-fold profit jump at engine maker August 3, 2023 Rolls Royce reported a more than fivefold increase in half year profit this morning, as it cashed in on soaring demand for jet engines and defence technology.
What is biomass? The power source at the centre of latest Drax controversy August 3, 2023 Drax faces accusations from it turned off power generation at one of its biomass units, but what is the power source at the centre of debate?
