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Sky News
Energy supplier OVO to explore options including sale
Britain’s fourth-biggest household energy supplier is lining up bankers to explore options including bringing in a new investor or a sale, 15 years after it launched in a bid to challenge the industry’s oligopoly.Sky News has learnt that OVO Group, which was founded by Stephen Fitzpatrick, is close to hiring Rothschild to assist with a …
Business
Euro News
‘Human beings enjoy stories: Why B2B doesn’t have to mean ‘boring to blah’
Business
Evening Standard
Greens set out charter for small businesses to help high streets thrive
The Green Party has committed to helping the UK’s high streets thrive in a green economy by setting out a charter for small businesses.Under its proposals, the party is offering to create regional mutual banks to drive investment in decarbonisation, rejoin the EU customs union, and give VAT and rates exemptions to businesses.It has also …
Business
Evening Standard
London’s top share index ends lacklustre week in the red
London’s FTSE 100 edged lower on Friday to end a muted week of trading, despite revised economic growth figures painting a slightly rosier picture of the UK economy.The index was hovering around zero at the end of the session but closed 15.56 points lower, or 0.19%, at 8,164.12.High street retailers JD Sports, Marks & Spencer …
Business
Evening Standard
Government met oil and gas representatives every day in 2023, analysis suggests
The UK Government met representatives from the oil and gas sector an average of 1.4 times per working day in 2023, an analysis has suggested.At least 65 fossil fuel organisations and industry bodies were identified meeting with ministers over the course of the year, according to an investigation by Global Witness.The environmental group analysed data …
Business
Business Live
Scottish tech firm Brightsolid opens Manchester office to boost English presence
Brightsolid, the Scottish cloud services provider, has launched a new office in Manchester as it expands across England. The firm, founded more than 25 years as part of DC Thomson, is one of Scotland’s key players in managed hybrid cloud and cyber security solutions. Brightsolid aims to grow its customer base from its central Manchester …
Business
Evening Standard
Sainsbury’s set for grocery growth despite wet weather
Sainsbury’s is expected to reveal further sales growth for the past three months, but could see some impact from poor spring weather and continued cost-of-living concerns.The retailer is set to update shareholders on its performance over the quarter to the end of May, with figures on July 2.Investors and analysts are hoping the company will …
Business
Business Live
People on the move: key North East appointments and promotions
Lantern Building Consultancy has welcomed Josh Cauwood as a new surveyor to expand its team. Associate Mr Cauwood has made the move to Lantern following two-and-a-half years at Workman LLP’s Newcastle office, where he developed skills in project management and contract administration. He previously worked for Wearside housing association Gentoo Group, commercial and residential consultancy …
Business
Sky News
Four major banks hit by glitches
Nationwide, HSBC, Barclays and Virgin Money customers have been affected by problems with banking services, leaving some unable to send and receive money.The issues could affect workers on what is commonly pay day for many across the country, with some reporting they haven’t received their salary. HSBC UK said there had been a “separate payments …
Business
Evening Standard
Cazoo app and website to be restored after Motors scoops up brand
Secondhand car site Motors is set to restore the Cazoo brand after the rival marketplace collapsed into administration last month, following a drastic restructuring which saw it shed hundreds of jobs.Motors said it had acquired the brand and revealed plans to launch a new Cazoo app and website.Cazoo, which was once valued at around £5 …
Business
Evening Standard
Building supplier Tyman’s US buyer Quanex sweetens takeover deal
Building products supplier Tyman’s shares rose on Friday after Quanex, the US company planning to buy it, increased the cash segment of the deal.The changes came after Tyman shareholders voiced concerns about volatility in Quanex’s shares, and currency exchange movements since the initial offer on April 22.Under the new deal, Tyman shareholders would get a …
Business
Evening Standard
Government met oil and gas lobbyist every working day in 2023, analysis suggests
The UK Government met with representatives from the oil and gas sector an average of 1.4 times per working day in 2023, an analysis has suggested.At least 65 fossil fuel organisations and industry bodies were identified meeting with ministers over the course of the year, according to an investigation by Global Witness.The environmental group analysed …

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