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Essar Oil to build £360m carbon capture plant at Stanlow refinery
Essar Oil UK has announced plans to build a £360m carbon capture plant at its Stanlow refinery in Ellesmere Port. The company said the move is part of its drive to become a “leading low carbon refinery” by 2030. Kent plc has been awarded a pre-FEED engineering contract to develop the facility that will take …
Press Release
Pressat
This Girl’s Ability needs you, or they lose a £4.5k pledge from Sport England!
If you’ve looked at social media recently or switched on the radio, you will have heard of This Girl’s Ability, a new community company making an impact in the sports sector. This non-profit community company seeks to support girls and young women with disabilities, working to tackle loneliness, assist in the prevention and management of …
Press Release
Pressat
Quest For Love Drives UK Muslims to be Dynamic
Hawaya reveals how UK Muslims adapt in their search for a life partner London: 30 November 2022: Muslims living in the UK significantly adapt their behaviour, fashion style and observance of Islam whilst looking for a future husband or wife. Research from Hawaya, an app designed specifically to help single Muslims with the intent to …
Business
Evening Standard
Government hails new digital trade agreement with Ukraine
Trade Secretary Kemi Badenoch is to sign a new digital trade agreement with Ukraine, which is being hailed by the Government as guaranteeing the war-torn country access to UK financial services as it seeks to rebuild its shattered economy.The deal comes after First Lady Olena Zelenska used a visit to Parliament on Tuesday to call …
Business
Evening Standard
Water firm Pennon sees profits hit by soaring power costs
Water firm Pennon said its half-year profits slumped by three quarters after it was hit by a doubling of power costs amid the energy crisis.The company said first half pre-tax profits tumbled by 75.1% to £22.5 million in the six months to September 30, despite revenues rising by 9.3% to £425.5 million.The group, which owns …
Business
Business Live
Mulberry plunges to loss as shoppers cut back on luxury goods
Luxury handbag maker Mulberry has plunged to a half-year loss after seeing sales fall amid the cost-of-living crisis, it told investors on Wednesday (November 30). The Somerset-headquartered group reported a pre-tax loss of £3.8m for the six months to October 1 – against profits of £10.2m a year ago – despite hiking prices in March …
Business
Evening Standard
Ofgem promises big investment but frozen bills as it sets out local grid plans
The companies that operate Britain’s local electricity networks will have to become leaner while investing to make the grid greener, Ofgem said as it promised it will force them to shell out despite not allowing them to charge more for their services.The regulator said the local operators of the grid will have to reduce their …
Business
Sky News
Joules administrator on brink of rescue deal with Phase Eight-owner Foschini
The administrator to Joules, the collapsed fashion retailer, is on the brink of a rescue deal with the South African owner of Phase Eight.Sky News has learnt that the Foschini Group (TFG) is close to securing an agreement to buy the majority of Joules’ stores and assets. One source said a deal could be struck …
Business
Business Live
ADVERTORIAL: Brill Power powers up production management with MRP software
Sustainability and efficiency are written into Brill Power. The company produces intelligent battery management systems that increase the lifetime and total energy output as well as the charging speed of large lithium-ion batteries. At a time when sustainability is becoming a key issue, the company is creating new solutions that help tackle the problem of …
Business
Evening Standard
Mulberry swings to loss as UK sales take hit amid economic woes
Luxury handbag maker Mulberry has swung to a half-year loss as it revealed sales tumbling by 10% across the UK as the economic uncertainty and cost crisis knocked shopper confidence.The group reported a pre-tax loss of £3.8 million for the six months to October 1 against profits of £10.2 million a year ago.This came despite …
Business
Sky News
Energy support scheme cash potentially at risk as gas boss warns more suppliers could go bust
More energy suppliers could go bust this winter potentially taking government payments intended for customers with them, the chief executive of British Gas owner Centrica has warned.Chris O’Shea told Sky News that the UK energy market, regulated by Ofgem, offers “wealthy individuals” behind some retail suppliers a “free bet” to speculate, with other bill payers …
Press Release
Pressat
Foxway acquires the UK based company Global Resale and strengthens its position within circular tech
Foxway has acquired Global Resale Ltd, a leading provider of lifecycle management solutions for technology assets in the UK and Europe. The acquisition is an important step in Foxway’s strategy to become the leading company within circular tech in Europe and beyond. During the last two years, Foxway has acquired several companies within the circular …

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