National Express exploring takeover of rival Stagecoach – CityAM : CityAM September 21, 2021 National Express has confirmed reports that it is looking into a possible takeover of its fellow transport heavyweight Stagecoach. The British bus operator has started discussions around buying out its Scottish rival, the UK’s largest bus operator. Also Read: All new London buses to be zero-emission Mayor says Stagecoach shares rose by almost 90 per [...]
DEBATE: Could nuclear prevent another energy crisis? September 21, 2021 Britain is in the throes of an energy crisis. There are myriad reasons from unusually low amounts of wind to sky-high gas prices. As we turn to net zero a familiar debate over the place for nuclear energy in our carbon-neutral arsenal. Eammon Ives of the Centre for Policy Studies says YES to nuclear The [...]
Britain needs to sober up from our addiction to gas September 21, 2021 This will be a winter where energy prices seldom stay out of the news. With the combination of cracks appearing in our creaking electricity system, record global gas prices, and the largest overnight benefits cut in history risk colliding in a way that piles yet more pressure on families already struggling. In the short term, [...]
Editorial: The energy cap can’t go right now – but free markets have better answers September 21, 2021 It is not, perhaps, the best time to argue for free markets and open competition in the energy market. Analysts are anticipating that the increase in the wholesale price of natural gas will see a host of firms wiped out; their economics are simply unworkable. The only thing protecting consumers from spiralling energy prices, then, [...]
Coutts CEO: When time is money, why we spent it on becoming a certified B Corporation bank September 21, 2021 Coutts recently became the largest UK private bank and wealth manager to become a B Corp. It has taken a lot of people and a lot of work over the last two years to get through the stringent scrutiny and analysis by B Lab UK required for certification. But time is often equated with money [...]
JP Morgan’s digital retail bank Chase launches in UK September 21, 2021 JP Morgan has today launched its new digital-only lender ‘Chase’ in the UK, as it aims to become one of the biggest banks in the country. In its first international expansion through a retail operation in the bank’s 222-year history, JP Morgan will initially offer only current accounts through the new lender Chase, before introducing [...]
MarketFinance raises £280m and enrols as UK Covid recovery lender September 21, 2021 Business lender MarketFinance is gearing up to provide loans to UK businesses as they recover and grow post-pandemic through the government’s Recovery Loan Scheme (RLS), after raising £280m debt and equity in its latest fundraising round. The British fintech, which hit profitability in March, was one of the first fintechs after Funding Circle to be [...]
Blackstone to create 2,700 UK jobs with £850m investment September 20, 2021 Blackstone owned BioMed Realty plans to announce a £850m investment in the UK at a reception hosted by Boris Johnson while on a State visit to the US. The Prime Minister will tomorrow meet representatives from a number of American companies which invest in the UK, including Blackstone, the parent company of BioMed Realty. The [...]
Cardano promises ‘industry-defining announcements’ at its biggest ever summit September 20, 2021 Cardano says it will make some 'industry defining' announcements at its summit this weekend.
Government’s trade export finance numbers were fudged, says panel of MPs September 20, 2021 MPs on the Commons’ international trade committee have accused the government’s export credit agency of exaggerating the number of UK businesses it supported in the last year. UK Export Finance (UKEF) directly helped a “significantly lower” number of companies than its “headline figure of 549 business supported” in the 2020-21 financial year, the committee found. [...]
