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02.04.2025 - 10:22
Business
Business Live
Renewable energy trust dividends at risk as Stifel warns of subsidy cliff
Stifel has issued a warning that the dividends of renewable infrastructure investment trusts could become more volatile as subsidies for clean energy are set to expire in the coming years. Many renewable infrastructure projects will see their government-backed Contracts for Difference, which provide developers with a stable revenue stream, expire between 2032 and 2035, as …
31.03.2025 - 10:25
Business
Business Live
Pets at Home says profit fell in line with expectations and warns of struggles ahead
Pets at Home has reported that its profit has fallen in line with expectations, according to its latest performance update. However, the company has also warned of potential challenges ahead, as reported by City AM. The group anticipates a pre-tax profit of £133m for the year, which aligns with previous forecasts. Despite a “challenging and …
30.03.2025 - 09:26
Business
Sky News
Harrods revises compensation payouts for al Fayed abuse victims
Harrods has revised the terms of a compensation scheme to be offered to hundreds of sexual abuse victims of the department store’s former owner, Mohamed al Fayed, ahead of its formal launch this week.Sky News has learnt that lawyers for Harrods have increased the maximum potential payout for survivors of Mr al Fayed from roughly …
30.03.2025 - 03:17
Business
Business Live
Northumbrian Water reveals project to turn poo into sustainable aircraft fuel
Efforts to make aircraft fuel out from North East poo are under way, in what has been described as a world first project. Researchers from Northumbrian Water hope to produce sustainable aviation fuel using algae grown in domestic sewage. The ‘Green Machine’ project will use the algae to extract nitrogen and phosphorous from wastewater, before …
29.03.2025 - 10:00
Business
Business Live
‘How I launched a luxury British fashion brand’: Jenine Baptiste on the power of creative freedom
Luxury fashion brand Baptiste was launched in 2023 and is based in London. Jenine Baptiste, its founder, employs one member of staff, while also working with other specialists, including a pattern cutter and sample maker. Describe your business in a nutshell. Baptiste is a luxury British womenswear brand. I design visionary collections in limited series …
29.03.2025 - 06:56
Business
Sky News
Coulthard and Humphrey-backed TV producer Whisper screens bidders
The television production company founded by broadcaster Jake Humphrey and former racing driver David Coulthard is in talks with potential buyers about a sale.Sky News has learnt that Whisper Group, which was established in 2010 and won a BAFTA for its coverage of the Women’s Euros in 2022, is working with advisers on a deal. …
28.03.2025 - 09:37
Business
Business Live
Renewables supplier Good Energy hails ‘strong’ performance as it prepares for takeover
Wiltshire-headquartered renewables supplier Good Energy has hailed its “strong” full-year performance two months after agreeing a near £100m deal to be acquired by a UAE-linked company. In a set of unaudited results for the 12 months ending December 31, 2024, the Chippenham-based company reported profit before tax of £6.6m for the year – an increase …
28.03.2025 - 07:08
Business
Sky News
WH Smith name to disappear from the high street
WH Smith has sold its 233-year old high street business to the owner of Hobbycraft in a £76m deal.Sky News revealed in January how a sales process was under way for the arm, which employs roughly 5,000 people and has 480 stores. Modella Capital won the final stage of the auction process in a run …
27.03.2025 - 10:19
Business
Business Live
Plymouth office building to be turned into shops, gym and flats
A former community centre and public sector offices in Devonport could be transformed into a gym and apartments. The Welcome Hall was sold by Plymouth City Council in 2022 after being deemed “surplus to requirements”, having lingered on the market for a year before finally going under the hammer at auction. Owner Sultan Ahmed of …
26.03.2025 - 10:17
Business
Business Live
Private equity trusts like Pantheon International and Patria PE undergo investment shake-up
Private equity trusts such as Pantheon International and Patria PE have experienced significant changes in their investment structures over the past decade. These transformations, analysts suggest, are likely to both reduce fees and enhance returns, as reported by City AM. “There has been a major shift in the composition of many of the listed private …
25.03.2025 - 10:36
Business
Business Live
Labour’s National Wealth Fund branded ‘completely misleading’ by own side
The government has come under fire for allegedly “gaslighting the British public” concerning its National Wealth Fund, following the Treasury committee’s announcement on Monday that it is initiating an inquiry into the new entity. Initially part of Labour’s 2024 manifesto, the National Wealth Fund aimed to amalgamate the British Business Bank with the UK Infrastructure …
23.03.2025 - 05:00
Business
Business Live
What readers think of lockdown decisions five years on
Readers of Reach plc titles across the UK still believe that the country was right to go into lockdown – but opinions vary depending on where you live and which of our titles you read. The Reach lockdown survey was taken by over 15,000 UK readers of titles owned by BusinessLive’s parent company. It shows …
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