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Octopus Energy

  • Octopus acquires legal team to boost bereavement services with AI

    AI

    Octopus Legacy, a bereavement service owned by Octopus Group, has acquired a private client team from a large UK-based law firm as part of a push to speed up its services using AI.  The company’s legal arm, Octopus Legal Services, has taken on a team of 50 legal professionals from NewLaw Solicitors in “a significant [...]

    Octopus displaying vibrant colors and intricate patterns in a marine environment, showcasing its natural habitat and behavior
  • Vattenfall energy portfolio poised to be snapped up by private equity firm

    Merger/Acquisition

    Swedish energy giant Vattenfall is poised to offload a portfolio of its British assets to private equity firm Reinova in the latest step in its retreat from the UK, City AM understands. The conglomerate, owned by the government of Sweden, is set to sell three of its heat network businesses to London-based Reinova Capital for [...]

    Brent Cross Town aerial view showcasing urban development and green spaces from the official website
  • Divorce costs hit finances beyond lawyer fees, says Octopus legal group 

    Legal

    Divorce costs are financially draining for separating couples in the UK beyond just legal fees, according to a new report from Octopus-owned legal service, Amicable.  The report, which surveyed 2,000 UK adults who have either divorced, separated, or dissolved a civil partnership over the last 10 years, found that almost 40 per cent said their [...]

    GettyImages 96790999: Professional business meeting with diverse team discussing strategies in modern conference room setting
  • Octopus CMO Rebecca Dibb-Simkin: I was warned against joining an energy startup

    April 16, 2026

    Octopus CMO Rebecca Dibb-Simkin takes us through her career, from being warned off energy startups to her love of Greggs chicken bakes.

  • Ed Miliband rejects ‘totally false’ calls to drill North Sea

    March 15, 2026

    Ed Miliband has dismissed calls for the UK to exploit the North Sea’s oil supply, despite widespread calls to drill the area as fears of an energy shock rise amidst the war in the Middle East. The energy secretary said: “Some people want to go around and pretend that if we only we draw more [...]

  • Octopus boss: UK risks ‘falling behind’ without China energy ties

    February 9, 2026

    The boss of Octopus Energy has warned that the UK risks being “left behind” in the clean energy race if it fails to work more closely with China on renewable technology, claiming the country should not ignore China’s advances in wind and clean power manufacturing. He argued that collaboration could cut energy bills and strengthen [...]

  • Millions of parents miss out on free pension cash by overlooking this rule 

    January 22, 2026

    Millions of UK parents are missing out on hundreds in free pension cash after being left in the dark by employers about a pension rule for new parents. While most parents are aware of child benefits and junior ISAs, many are losing as much as £720 per year after overlooking a far less familiar perk. [...]

  • Greg Jackson: London IPO a ‘no brainer’ if capital flows reverse

    January 19, 2026

    Octopus chief Greg Jackson has said choosing London as the destination for the blockbuster IPO of tech spin-off Kraken would be a “no brainer” if the exchange maintains its world-leading performance in 2025 and demonstrates it can lure fresh capital into the UK. In the biggest signal yet that the firm may select London over [...]

  • Greg Jackson spins off Octopus’ tech arm Kraken after $1bn injection

    December 30, 2025

    Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners, with new investors including Fidelity International, Durable Capital Partners and Ontario Teachers’ Pension Plan Board. Kraken – which is an AI-powered platform now contracted [...]

  • Budget: Octopus boss Greg Jackson hails cuts to energy bills

    November 26, 2025

    Octopus Energy boss Greg Jackson has hailed the cuts to energy bills announced in today’s Budget, as the Chancellor slashed multiple renewable levies. Jackson welcomed the energy bill cuts as a “positive step” as Rachel Reeves described energy costs as “one of the greatest drivers of the rising cost of living”. Reeves said she will scrap [...]

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