Business News, Money
Bonhill asset sale accelerates; Plus500 gets UAE licence; Sosandar director dies.
Business News
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Bank of England rate-setter wants more hikes to prevent “policy boogie”
A member of the monetary policy committee argues for additional rate hikes just days after the Bank indicated that its ...
Britishvolt: Australian business buys UK battery startup
A company from Australia has been selected as the preferred bidder for Britishvolt. The UK battery startup that ceased operations ...
January car sales rise for a sixth month as supply chain issues improve: MG leads EV sales.
The new car market in the United Kingdom expanded for the sixth consecutive month in January as supply chain concerns ...
Bonhill asset sale accelerates; Plus500 gets UAE licence; Sosandar director dies.
The FTSE 100 index is down 0.7% in afternoon trading. Today, reporting and trading updates are forthcoming from Bonhill, Plus500, ...
BMW negotiating £75m UK government grant for electrified Mini
The German automaker is in negotiations with the Automotive Transformation Fund over a £75 million grant that would guarantee the ...
Courts allowed warrants to forcefit prepayment meters.
Previously, warrant applications were subject to stringent review, but current guidance to the courts finds this requirement “disproportionate.” Energy companies ...
Energy conservation to avoid blackouts “likely how we’ll all work” National Grid
Wendy, 65, one of almost one million participants in an energy-saving program, says, “It’s about preventing blackouts for those who ...
Apple sales in greatest dip since 2019
The growing cost of living led to a decline in Apple’s sales by the close of 2022. In the three ...
Energy firms warned against forcing prepayment meters.
The industry regulator, Ofgem, has requested that energy firms pause the installation of prepayment meters. The Times reported that British ...
British Gas admits agents break into struggling clients’ homes.
The CEO of Centrica, the company that owns British Gas, is shocked that debt collectors have broken into the homes ...
Children’s care reform: “I spent all my savings and now I can’t retire”: Kinship caretakers’ struggles.
Today, the government is adopting measures to help keep children out of the foster care system, with £45 million budgeted ...
Shell claims the best profits in its 115-year history.
In the wake of Russia’s invasion of Ukraine in 2014, the oil and gas giant Shell has declared record-breaking annual ...