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AIM-listed firms accused of having ‘head in the sand’ as number of women in top roles stalls
AIM-listed companies have been criticised for their lack of action in promoting gender diversity on their boards, as new research reveals a stagnation in female representation. The annual gender diversity report from Addidat and Indigo Independent Governance shows that the proportion of women holding directorships in AIM companies has remained at one in six over …
Business
Sky News
Octopus Energy wades into battle for Thames Water’s future
Octopus Energy Group is wading into the battle for the future of Britain’s biggest water company as part of a consortium which includes the French infrastructure giant Suez.Sky News has learnt that Octopus Energy – which recently overtook British Gas as Britian’s biggest household gas and electricity supplier – has struck an agreement that would …
Business
Sky News
OpenAI co-founder responds to Musk’s huge overnight bid – and it’s not good news for tech mogul
OpenAI’s chief executive and co-founder has told Sky News that his platform is “not for sale” after a group led by Elon Musk launched an unsolicited $97.4bn (£78.7bn) bid overnight. Sam Altman, who is attending the Paris AI Summit with world leaders, was asked whether he can still afford OpenAI after Mr Musk’s bid. “The …
Business
Sky News
‘This is a big deal’: US levies 25% tariffs on all steel and aluminium imports
Donald Trump has signed two proclamations imposing 25% tariffs on all steel and aluminium imports to the US.A proclamation is a form of presidential directive to government officials, but they do not carry the force of law, as an executive order would. However the White House has said the tariffs will take effect from 4 …
Business
Sky News
Gas prices at a two-year high, putting pressure on already expensive energy bills
British wholesale gas prices have reached a more than two-year high, risking yet more expensive energy bills.Low rates of gas storage in Britain and across Europe, combined with cold weather, have increased demand for gas to heat homes. It’s brought the price up to 140 pence a therm (a unit of heat used to measure …
Business
Sky News
Bank of England rate-setter argues bigger cut was warranted
A member of the Bank of England’s rate-setting committee has made a case for a steeper cut to interest rates on expectations that an inflation “hump” ahead will be temporary.Catherine Mann, an American economist, told an audience in Leeds that she currently did not see a repeat of an extended period of inflation in the …
Business
Business Live
Builders’ merchant MKM Supplies expands with new branch at Central Park in Bridgend
Central Park in Bridgend has been boosted with another key letting. Independent builders’ merchant MKM Supplies has opened a new 20,000 sq ft branch at the Robert Hitchins developed park under a 25-year leasing agreement. The 355,000 sq ft park provides a mixture of trade and industrial warehousing properties ranging from 2,500 sq ft to …
Business
Business Live
UK labour market struggles as vacancies drop ahead of national insurance hike
The labour market continues to slacken, with job vacancies “tumbling” ahead of the national insurance increase in April, according to a closely monitored survey. A new report from KPMG and the Recruitment and Employment Confederation (REC) indicates that demand for staff has seen its most significant drop since August 2020, as reported by City AM. …
Business
Sky News
Trump says he will impose 25% tariffs on all steel and aluminium imports into US
Donald Trump says he will impose 25% tariffs on all steel and aluminium imports into the US, including from Canada and Mexico.The president said he would make the announcement on Monday, signalling yet another major escalation in his trade policy overhaul. Speaking on Air Force One as he flew from Florida to New Orleans for …
Business
Business Live
Port of Blyth celebrates 25 years’ involvement in offshore wind sector
The Port of Blyth has launch a year-long campaign to mark 25 years of involvement in the offshore wind sector. The port’s history within the sector started in 1993 when the Blyth Harbour Wind Farm was established as the first of its kind in the UK operating in a ‘marine environment’, featuring nine 0.3MW turbines …
Business
Sky News
L&G to kick off hunt for successor to Kingman
Legal & General (L&G), the FTSE-100 insurance and asset management group, is preparing to kick off a search for a successor to chairman Sir John Kingman.Sky News has learnt that the company, which this week announced a major corporate deal in the US, is close to appointing headhunters to oversee the appointment process. City sources …
Business
Business Live
Hull’s Jordan Commercial invests in Witham facility as it looks to larger vehicles market
Vehicle supplier Jordans Commercial has invested nearly half a million pounds in repair and maintenance facilities at its Witham base. The firm, which is part of the £590m turnover Rix Group, says the move is part of its switch from car retailer to commercial vehicle and motorhome specialist, and has positioned it to move into …

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