The chief executives of energy giants Octopus and SSE are among the hundreds of people named in this year’s King’s Birthday Honours. Greg Jackson of Octopus Energy and Alistair Phillips-Davies of SSE have been made Commanders of the Order of the British Empire (CBE) for services to the energy industry.Continue Reading
The boss of the London Stock Exchange, Julia Hoggett, is among a raft of business leaders named in the King’s Birthday Honours. Ms Hoggett, who has led London Stock Exchange Group for the past three years, receives a damehood for services to business and finance across the UK. Ms Hoggett,Continue Reading
A downbeat day for European markets has seen France and Germany’s top indices suffer big losses, while the UK’s edged lower after a choppy week. London’s FTSE 100 fell 16.81 points, or 0.21%%, to 8,146.86. The blue-chip index closed the week in the red, after having one of its worstContinue Reading
Barclays has stepped back as a sponsor of all Live Nation festivals as bands boycott the events in protest of the bank’s ties to defence companies supplying Israel, and fossil fuel firms. Barclaycard was removed from the websites of festivals like Download, Latitude and Isle of Wight in recent daysContinue Reading
Regulators have cleared Pennon’s £350 million buyout of Sutton and East Surrey (SES) Water, meaning water services for 845,000 customers will come under the FTSE 250 firm’s control. The Competition and Markets Authority (CMA) said in May that the deal could undermine Ofwat’s authority as water regulator by wiping SESContinue Reading
The boss of Tesco has said the supermarket firm is witnessing a “gentle improvement” in consumer sentiment amid easing food and drink inflation. It came as the retail giant said shoppers have bought larger volumes of groceries for the latest quarter due to the improving backdrop. Shares in the companyContinue Reading
Wells Fargo has recently terminated several employees following accusations that they used devices to fake keyboard activity, misleading the bank into believing they were working. The disclosure was made in broker filings with the Financial Industry Regulatory Authority (Finra). The bank, America’s third-largest, did not provide details on how theContinue Reading
Jaguar Land Rover (JLR) has announced a £1 million investment to assist UK police in combating vehicle theft. This funding will bolster police operations in theft hotspots and support intelligence gathering efforts. The initiative comes after JLR’s CEO, Adrian Mardell, firmly denied claims that Range Rovers are particularly vulnerable toContinue Reading
Supermarkets say they are ready for one of their busiest periods of the year as football fans stock the fridge to watch the Euros from home. Tesco said it expected to sell 33 million packs of beer and cider over the coming month but is also predicting it will sellContinue Reading
WorkL, the organisation behind the World’s Happiest Workplace List and The Sunday Times Best Places to Work, has successfully raised £2 million in a Series A funding round, in partnership with Calculus Capital. This funding aims to expedite WorkL’s international growth following five successful years of expansion. Founded by LordContinue Reading
