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News

  • June 21, 2024

Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse

Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier Bulb.

  • June 21, 2024

Lord Alan Sugar invests in The Apprentice star’s business

Lord Alan Sugar has formally invested in the company run by a star of the latest series of The Apprentice.

  • June 21, 2024

M&C Saatchi drafts in former Reach and McColl’s veteran as new finance chief

Advertising giant M&C Saatchi has hired Simon Fuller as its new chief financial officer, the firm announced today.

  • June 21, 2024

Shares in Robinsons squash maker jump as Britvic rejects £3bn takeover bid from Carlsberg

Britvic, the company behind brands such as Robinsons squash, has rejected a second takeover offer from Carlsberg worth around £3bn.

  • June 21, 2024

Election 2024: Firms have ‘nothing to worry about’ on workers’ rights, Reeves says

Rachel Reeves has told businesses they have “nothing to worry about” from Labour’s workers' rights reforms at The Times CEO Summit.

  • June 21, 2024

UK borrowing totalled £15bn last month as debt nears 100 per cent of GDP

In fresh figures from the ONS, public sector net debt, excluding public sector banks, was just under 100 per cent of total GDP.

  • June 21, 2024

Rolls-Royce now worth over £40bn thanks to ‘Turbo Tufan’

Rolls-Royce has cemented its status as a darling of the London Stock Exchange after its value passed £40bn for the first time ever.

  • June 21, 2024

Election 2024: Former Tory tsar to vote for Labour

The former Tory net zero tsar Chris Skidmore has revealed he will back Labour at the July 4 general election.

  • June 21, 2024

Retail sales blow past expectations in sign UK economy is on the turn

UK retail sales rebounded last month, according to fresh data, after a rainy April saw a slump in high street spending.

  • June 21, 2024

KPMG to cut 200 UK jobs as firm battles market slowdown

Big Four firm KPMG is reportedly set to slash more roles in the UK as it battles with a market slowdown.

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