A clean energy investment fund run by former US vice-president Al Gore has bought a 13% stake in British energy company Octopus in a deal worth £438m. It means the supplier is now valued at £3.36bn, which is more than the owner of British Gas,...
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27th Nov 2021 | Updated at 03:41pm 27th Nov 2021
Top officials quit after Issa brothers acquire Asda
Top managers of Asda have resigned following the take over of the supermarket by petrol station billionaires Mohsin and Zuber Issa in February.
£335mn of taxpayer money at risk due to failure to conduct checks on Greensill
A committee of MPs have recently found that almost £400mn of taxpayer money is at increased risk due to a failure to conduct sufficient checks on the now-collapsed Greensill Capital, a firm for which former prime minister David Cameron lobbied....
The Bank of England’s chief Andrew Bailey predicts a rise in interest rates next year. Speaking to the Society of Professional Economists in London, Bailey...
UK Chancellor Rishi Sunak has rendered his support and blessing to a multi-billion pound trend that has seen foreign private equity firms buy out British businesses. Speaking at the launch of Treasury Connect, an event intended to bring together...
Virgin Atlantic has reported a 600% surge in flight bookings to the US and British Airways reported a jump in searches after the US said it would lift restrictions to allow fully vaccinated passengers from the UK and most European Union countries...
The UK consumer prices index surged by 3.2 per cent in the 12 months to August as revealed by official data last week, the largest ever month-on-month increase since records began in January 1997. The Office for National Statistics, which published...
Labour Party leader Sir Keir Starmer continues to face increasing pressure to call for a rise in wealth taxes to balance out Prime Minister Boris Johnson’s...
The UK government held crisis talks with the energy industry, and regulator Ofgem as a surge in gas and electricity prices threatens to put more suppliers...
The airlines and travel industry has called upon ministers to bring down the UK’s Covid traffic light and PCR testing rules as figures reveal their “devastating impact” on overseas flights and holiday bookings in peak season. Data revealed by...
New data reveals the UK government has become a shareholder in over 150 companies during the novel coronavirus crisis, including a kombucha drinks maker, a luxury ship builder and a knitting and crochet suppliers. In a major breakthrough, the...
The UK has emerged at the 12th position in the Economic Freedom of the World: 2021 Annual Report released by the Institute of Economic Affairs in conjunction with Canada’s Fraser Institute. The report identifies 165 countries, with Hong Kong...
