Lyten Completes Acquisition of Northvolt Sweden and Establishes its First Lyten Industrial Hub in Sweden February 27, 2026 Lyten announces it has completed the acquisition of Northvolt’s battery assets in Sweden, totaling nearly $5B in value. The Skellefteå battery site, Northvolt Ett, is resuming operations and plans to deliver commercial cells in 2H 2026. Lyten announces the establishment of the Lyten Industrial Hub in Skellefteå, Sweden to co-locate battery manufacturing, data centers, and additional manufacturing activities. In connection with the closing, EdgeConneX, a portfolio company of EQT, plans to acquire a data center site from Lyten, with potential capacity of up to one gigawatt.
Forget student loans, the national debt is the real mortgage on the young February 27, 2026 Debating student loan interest distracts from the far larger and permanent national debt and its interest payments, which place a compounding, long-term financial liability on younger taxpayers who already face rising costs and a weakening worker-to-retiree ratio, says Martin Beck The campaign to cut student loan interest rates is welcome. A system where balances rise [...]
Investment in UK renewable energy is back on track – now let’s secure its future February 27, 2026 While the UK’s recent clean energy auction secured a record amount of offshore wind projects, there’s more to be done to sustain this investment momentum, says Samuel Pachoud The results of the recent clean energy auction – Contracts for Difference Allocation Round 7, or AR7 – were heralded by the government as a “monumental step” [...]
Consumer confidence slips in latest setback for Labour February 27, 2026 Consumer confidence slipped slightly in February despite hopes of a turnaround, adding to fears the UK economy could slump this year. A closely-monitored survey conducted by the research firm GfK said consumer confidence dropped by three points to -19. The reading reflects dampened spirits among British consumers in what will likely worry Labour strategists keen [...]
Sun Nuclear QADS 2026 Event Combines Clinical Insight and New Innovations for Advancing Radiation Therapy QA February 26, 2026 15th QA & Dosimetry Symposium convenes medical physics and radiation therapy community in Rome Two days of sessions span diverse topics from 24 clinical practitioners and thought leaders Event introduces new Daily QA™ 4 Pro device and features expansion of AI-enabled solutions
Nearly 1m young Brits not in work as Reeves told to help youth February 26, 2026 The number of Neets, or young people not in education, employment or training, has increased to nearly 1m, official data has indicated, heightening fears over the long-term health of the UK economy. The Office for National Statistics (ONS) has suggested there were 957,000 people aged between 16 and 24 not working as of December in [...]
Birmingham driving service sector boom February 26, 2026 Birmingham has been at the front of a “service sector boom”, according to new research from Oxford Economics, helping to drive job creation across the wider region. The West Midlands combined authority (WMCA), which contains Britain’s second city, saw gross value added (GVA) in the services sector rise by an average of 4.2 per cent [...]
Premier League confirms streaming service – and it’s not called Premflix February 26, 2026 The Premier League is to launch a streaming platform in Singapore that could pave the way for a global direct-to-consumer “Premflix” product, CEO Richard Masters has confirmed. The long-rumoured new service, a collaboration with telco StarHub, is to be called Premier League + and show all 380 games live as well as magazine content, starting [...]
Formula 1 revenues soar to $4bn as sport cashes in on popularity February 26, 2026 Formula 1 is closing on annual revenues of $4bn after their recent accounts recorded a 14 per cent increase to $3.9bn. The healthy spike comes as Formula 1 parent company Liberty Media reported a rise in team payouts – by 11 per cent – to $1.4bn ahead of the 2026 season, which will see Cadillac [...]
Investec awards East London coffee enterprise Well Grounded £60k grant February 26, 2026 Financial giant Investec has awarded £60,000 to social enterprise Well Grounded, which plans to create 10,000 career opportunities in the coffee sector in the coming decade. Well Grounded, based in East London, runs speciality coffee training programmes for jobseekers and has placed over 1,000 Brits into the industry so far. Unemployment rose to its highest rate in [...]