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Sky News
Energy price cap falls today but ‘£600 lift to annual bill ahead’
As the latest reduction in the energy price cap takes effect, households are being warned of a big lift in bills ahead due to higher wholesale gas prices.The cap, which limits what suppliers can charge per unit of energy, fell by 7% overnight in the wake of the latest three-month review by industry regulator Ofgem. …
Business
Sky News
Boots chief James to run ophthalmology chain Veonet
The outgoing boss of Boots is leaving to run Veonet, one of Europe’s largest chains of ophthalmology clinics.Sky News has learnt that Sebastian James is to become the new group chief executive of Veonet, which is owned by the private equity firm PAI Partners and Canada’s Ontario Teachers Pension Plan. He will leave Boots in …
Business
Evening Standard
Travelodge seeks to recruit more than 300 new staff
Hotel giant Travelodge has launched a recruitment drive to fill more than 300 jobs across its business.The company, which operates more than 600 hotels across the UK, Ireland and Spain, employing some 13,000 people, is looking to hire full- and part-time employees.We are looking for enthusiastic people that have a passion and determination to deliver …
Business
Business Live
North East firms expand into new offices as growth beckons
A Tyneside tech firm has moved into Newcastle’s newest office building after taking desks in Cubo’s workspace. Flow Software Solutions Ltd, a provider of SaaS (software as a service) solutions for the compliance sector, has relocated to Cubo at Bank House to support the company’s rapid growth. Cubo, which now has 13 sites across the …
Business
Sky News
Boots chief James quits after owner’s £5bn sale plan stalls
The chief executive of Boots, Britain’s biggest high street pharmacy chain, is quitting after its owner’s plans for a £5bn sale or stock market listing stalled.Sky News has learnt that Sebastian James, who has run Boots since 2018, will leave the company in November. City sources said this weekend that he had accepted a new …
Business
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 …

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