Latest Stories All Stories

Business
Sky News
Ofwat hits ailing Thames Water with £40m fine over dividend payment
Britain’s biggest water company has been told it faces a fine of more than £40m over the payment of a shareholder dividend in spite of its poor performance.Sky News has learnt that Ofwat notified Thames Water last month that it was minded to impose the penalty for breaching rules on the payment of dividends. The …
Business
Evening Standard
Fuel delivery drivers supplying garage forecourts to go on strike
Tanker drivers supplying garage forecourts and aviation fuel are to go on strike in a dispute over pay.Members of Unite based at Stanlow oil refinery will walk out from June 6-8 and 13-15 which the union said will affect deliveries across the North West and Scottish Borders.The drivers, who work for Hoyer – recently rebranded …
Business
Sky News
Why have concert ticket prices gone crazy? Here’s what’s behind the spiral
Spending a fair chunk on going to see your favourite big artist is not new – but it certainly feels like concert prices have entered a new stratosphere.Fans of Bruce Springsteen have paid upwards of £120 for “rear pitch” standing tickets for his May 2024 tour, while some expressed disappointment recently over the £145 price …
Business
Evening Standard
Santander staff and customer data stolen in major cyber attack
Santander is the latest victim of a cyber attack – with hackers accessing data relating to all its staff and millions of overseas customers, the bank confirmed.A hacking group was reportedly behind a similar data breach of Ticketmaster, which emerged earlier this week.Certain information relating to all current and some former Santander staff – as …
Business
Business Live
Yorkshire agri-tech solutions set boost South Africa’s sustainable energy future
A project led by a Yorkshire agri-technology company is setting out to address South Africa’s energy challenges with innovative approaches to its agricultural sector. York-based AgriSound is working with the UK Agri-Tech Centre and GYO Systems based in South Africa, to help boost yields of sugarcane by improving crop pest monitoring. The project will also …
Business
Evening Standard
UK stocks rise amid fresh global inflation data
UK stock markets outperformed European peers on Friday as fresh data from the US showed inflation in the world’s largest economy was continuing to cool.The FTSE 100, which is largely internationally-focused, moved 44.33 points higher, or 0.54%, to close at 8,275.38.The top UK index was boosted by gains for utilities companies, with National Grid, Centrica, …
Business
Evening Standard
Regulators urged to launch probe into greenwashing by UK’s major banks
Financial and advertising regulators are facing calls to launch an investigation into greenwashing by the UK’s five biggest high street banks.Campaigners wrote to the Financial Conduct Authority (FCA), Competition and Markets Authority (CMA) and the Advertising Standards Authority (ASA) on Friday as a new anti-greenwashing rule came into force.The Make My Money Matter campaign – …
Business
Sky News
The UK government shrinks its ownership of NatWest again but is likely to remain a shareholder for years
Life comes at you fast if you are the person responsible for maintaining the shareholder register at NatWest.Until last week, it was hoped that the bank would be at the centre of Jeremy Hunt‘s plans to get millions more Britons investing in the stock market. Money latest: Income growth ‘worst in generations’The chancellor first said …
Business
Sky News
Superdry wins reprieve as M&G drops challenge to rescue plan
Superdry, the struggling London-listed fashion chain, has received a reprieve after the owner of its flagship store towed back from a challenge to its rescue plan.Sky News understands that M&G, the asset manager which had been contemplating a formal objection to Superdry’s restructuring plan, has decided not to proceed with the move. M&G owns Superdry’s …
Business
Euro News
STMicroelectronics gets €2 billion grant as EU ramps up chipmaking
Business
Sky News
Fancy dress brand Smiffys on brink after failing to find buyer
A fancy dress manufacturer which traces its roots back to the 19th century is on the brink of insolvency after failing to find a buyer.Sky News has learnt that Smiffys, which is family-owned, is lining up PriceWaterhouseCoopers (PwC) as administrators, having tried to secure a sale in recent weeks. A notice of intention to appoint …
Business
Evening Standard
Royal Fleet Auxiliary officers to launch industrial action in row over pay
Officers at the Royal Fleet Auxiliary (RFA) will launch industrial action short of a strike from Saturday in a dispute over pay.Nautilus International members in the RFA voted overwhelmingly for action in response to a below-inflation pay offer for 2023/2024.The union said its members have been hit by a real-terms pay cut of over 30% …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources