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Saudi Telecom Company becomes Spanish Telefónica’s top shareholder
Business
Evening Standard
Almost 5,000 excess winter deaths caused by cold homes last year, MPs warned
Almost 5,000 excess winter deaths were caused by cold homes last year, a charity has warned MPs.Simon Francis, coordinator at the End Fuel Poverty Coalition, told the Commons Energy Security and Net Zero Committee that estimates suggested that there were 4,706 excess winter deaths over 2022 to 2023 caused by living in a cold damp …
Business
Euro News
Did Elon Musk loan money from SpaceX to pay for Twitter?
Business
Sky News
Full list of Wilko stores to close next week
The locations of 52 Wilko stores that will close after failing to secure a rescue deal have been revealed by administrators. PricewaterhouseCoopers (PwC), which was appointed to oversee the insolvency last month, said it remains in talks with parties interested in buying the remaining parts of the business. On Tuesday, rival retailer B&M bought up …
Business
Euro News
Scholz calls for broad pact to slash bureaucracy and modernise Germany
Business
Sky News
City grandee lined up to replace Davies as NatWest chairman
Rick Haythornthwaite, the City grandee who has chaired companies including Centrica and Network Rail, is being lined up as the new chairman of NatWest Group in the wake of the row about the de-banking of Nigel Farage.Sky News has learnt that Mr Haythornthwaite, who currently chairs Ocado and the AA, is expected to be appointed …
Business
Sky News
Energy firm boss defends profits as charities predict tough winter for families
The boss of the UK’s largest household energy supplier has been forced to defend record profits amid warnings of worse times ahead for household bills this winter.In evidence to the energy security and net zero committee of MPs, the chief executive of British Gas parent firm Centrica, Chris O’Shea, insisted the 889% surge in profits …
Business
Sky News
Healthcare tycoon Hester swells Tory election warchest with £5m donation
A healthcare entrepreneur who ranks among Britain’s richest people and whose company has had close ties to the government has handed a £5m donation to the Conservative Party – one of the biggest in its recent history.Sky News has learnt that Frank Hester, founder and chief executive of The Phoenix Partnership (TPP), has given the …
Business
Euro News
Ukraine food exports rose 16% in August despite difficulties in logistics and Russian attacks
Business
Sky News
Why September will be a momentous month for US industry
It is one of the great set-piece moments in the US industrial calendar.At the start of pay negotiations, which take place every four years ahead of the expiry of existing contracts in September, the leaders of the big three US carmakers traditionally shake hands in front of the cameras with the leader of the United …
Business
Sky News
Owner of UK’s Arm Holdings seeks reduced flotation valuation
UK chip designer Arm Holdings is aiming for a market value of just over $52bn (£41.5bn) following its US stock market flotation, under plans revealed by its Japanese owner.SoftBank Group said in a regulatory filing it was to offer 95.5 million American depository shares in Arm for $47 to $51 apiece, raising almost $5bn at …
Business
Sky News
Wilko rescue, retail figures and commercial broadcasting
Ian King speaks to our city editor Mark Kleinman about Wilko’s latest lifeline. Plus, hear from the director of insight at the British Retail Consortium about UK sales and consumer confidence. And the chief executive of STV Group joins the show to discuss its latest profits and why it’s a tough time for commercial broadcasters.Listen …

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