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Construction firm Beard appoints new non-executive director
South West construction firm Beard has appointed a new non-executive director. Alison Cox joins the 130-year-old company, which is headquartered in Swindon, bringing with her more than two decades of experience from across the construction sector. Ms Cox is best known for her time at Sir Robert McAlpine, having been an engineer, project manager and …
Business
Sky News
Energy suppliers allowed to resume forced installation of prepayment meters
The energy regulator has warned suppliers over their conduct as a temporary ban on the forced installation of prepayment meters ends.Ofgem said on Monday that it was allowing EDF, Octopus and Scottish Power to resume “involuntary” ‘Pay as you Go’ meter installations. That was because the three firms had met conditions to restart the controversial …
Business
Euro News
Evergrande’s EV company says police have detained one of its top executives
Business
Sky News
New all-electric Spectre helps Rolls-Royce Motor Cars to another ‘record year’
Rolls-Royce Motor Cars has reported another year of record sales, bolstered by a recovery in China and the launch of its new all-electric Spectre model.The Goodwood-based firm, which is owned by BMW, said 6,032 vehicles were delivered to customers in 2023 – a slight uptick on the previous 12 months. The performance was driven, the …
Business
Sky News
Alaska Airlines plane had pressurisation warnings before mid-air blowout
Pilots had reported pressurisation warnings on three earlier flights of the same plane involved in a mid-air blowout, investigators have said.Alaska Airlines was forced to perform an emergency landing on Friday after a door plug was torn off of the Boeing 737 Max 9 plane flying 171 passengers from Portland in Oregon, to Ontario in …
Business
Sky News
Sunak pledges to ‘do everything we can to make it right’ after Post Office Horizon scandal
Rishi Sunak says the government “should do everything we can” to make the Post Office Horizon scandal right.He said that ministers are meeting today to discuss the issue. Justice Secretary Alex Chalk and postal minister Kevin Hollinrake will discuss the scandal in the wake of renewed scrutiny following the ITV drama Mr Bates Vs The …
Business
Sky News
Music streaming service SoundCloud tunes up for sale
The owners of SoundCloud, one of the world’s largest music streaming services, are preparing for a sale that could fetch in excess of $1bn.Sky News has learnt that Raine Group and Temasek Holdings, the Singaporean state investment fund, have begun interviewing investment banks about a prospective auction of the company. Founded in 2007, SoundCloud provides …
Business
Sky News
Londoners ‘will still face disruption’ after Tube strikes called off on eve of planned industrial action
Planned strikes which would have crippled London Underground services this week have been called off, according to a union.RMT say the industrial action by its workers on the Tube network – scheduled to take place from Monday to Thursday in protest at a 5% pay offer – will no longer go ahead, after positive talks …
Business
Evening Standard
AI and automotive tech to take centre stage at CES 2024, experts predict
Business
Sky News
BP investors want oil behemoth to target BAE chief as CEO
Some of BP’s largest shareholders have urged it to approach Charles Woodburn, the BAE Systems chief executive, about becoming the FTSE-100 oil behemoth’s next boss.Sky News has learnt that several large investors believe that BP should target the appointment of an external candidate as its CEO for the first time in its 114-year history. One …
Business
Evening Standard
Chancellor unsure if Government can afford to announce new tax cuts
Business
Sky News
‘I don’t yet know’ if govt can cut taxes again after National Insurance reduction, Hunt says
Chancellor Jeremy Hunt is unsure if the government can afford further tax cuts – as a National Insurance (NI) reduction comes into force today. The pre-election cut to NI, from 12% to 10%, will impact around 27 million payroll employees across the UK. A person earning the UK’s average salary of £35,000 will save £450 …

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