Energy system ‘broken’: Suppliers to rake in £1.7bn profits as millions of Brits grapple with sky-high bills August 8, 2023 Household energy suppliers are on course for profits bonanza over the next 12 months from customer bills, a new report suggests.
Hybrid working ‘big bang’ drives Regus-owner IWG’s record revenue August 8, 2023 Booming demand for hybrid working saw workspace provider IWG, which owns Regus, net a record £1.7bn in system-wide revenue in the first half, up 16 per cent year-on-year.
Glencore appeases shareholders with more buybacks after steep drop in profits August 8, 2023 Glencore suffered a sharp drop in pre-tax profits in the first six months of trading this year as the boom in oil and gas prices finally eased.
Siemens Energy books £3.9bn losses over wind turbine unit woes August 8, 2023 Siemens Energy on Monday said problems recently unveiled at its wind turbine unit would cost it £1.9bn, well short of worst-case estimates.
In the real world, Ken really needs a job to feel fulfilled – just like the rest of us August 8, 2023 Ken doesn't need to question his masculinity, he just needs to contribute to the economy and get a job, writes Phoebe Arslanagic-Wakefield.
Taylor Swift helps Brits shake it off with entertainment spree but it’s a cruel summer for retailers August 8, 2023 Taylor Swift tickets, which went on sale in July, have powered a double-digit increase in entertainment spending so far this summer
Reeds Rains owner expects ‘substantially lower’ profit due to tough mortgage market August 7, 2023 LSL Property Services, which owns estate agents Reeds Rains and Your Move, said it now expected the group's annual profit to be "substantially lower" due to subdued activity in the mortgage market.
None for the road: Takeaway pints banned as Home Office ends pub pandemic scheme August 7, 2023 Bad news for punters who enjoy a cold pint on the go as the government has decided to put an end to the Covid-19 scheme which allowed pubs to sell takeaway pints. Pubs were allowed to sell alcoholic drinks in plastic cups to customers on the street in 2020, when businesses could not trade normally [...]
FTSE 100 close: London flat after US jobs figures fuels Fed rate speculation August 7, 2023 London’s FTSE 100 opened the week in sluggish fashion as investors take in fears across the pond that the Fed could hike rates again. The capital’s premier blue chip index closed on 7,556.41 points, 0.11 per cent down, while the FTSE 250, which is more aligned with the domestic market, was also broadly flat on [...]
More support with energy bills unlikely this winter, admits Grant Shapps August 7, 2023 Grant Shapps has warned households are unlikely to receive fresh support from the government this winter for their energy bills.