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Carbon capturing £2b Humber Zero project opens to the public as consenting journey begins
The first public consultation into the huge Humber Zero project to clean up the South Bank’s power and refining cluster opens this week. Carbon capture proposals from Phillips 66 and VPI Immingham will be put on display, with members of the team there to talk through the plans, progressed significantly over the past two years …
Business
Business Live
ADVERTORIAL: Go Cornwall Bus is hiring – here’s everything you need to know
Want to work for Cornwall’s exciting new bus network? Go Cornwall Bus is looking for drivers across the Duchy, including key towns like Helston and Newquay, as well as the surrounding areas. You don’t even need to be a professional driver to apply. Whether you’re looking for your first job or want a change in …
Business
Business Live
New Exeter law firm created after Ashfords disposes of equity release business
A new law firm has launched in Exeter following the sale of a subsidiary business of South West legal practice Ashfords. The newly regulated company, Barton Law, is headed up by Peter Barton, who previously worked at Ashfords and has brought a team of more than 40 lawyers and legal assistants with him. The move …
Business
Business Live
Kings Court office campus sold for £13.1m
An office campus in the West Midlands has been sold for £13.1 million. Derby-based Clowes Developments has acquired 2620-2650 Kings Court in Solihull from Hillview Real Estate. The campus comprises six self-contained office buildings, totalling 52,373 sq ft, and forms part of the wider Birmingham Business Park near the airport. It was acquired by London-based …
Business
Evening Standard
Waste giant Biffa receives £1.4 billion takeover offer
Bin collector Biffa today landed a £1.4 billion takeover bid from a US private equity firm.The offer from Energy Capital Partners of 445p per share represents a 37% premium over yesterday’s closing price of 325p.The company, which processes waste for two million people in London, said in a statement: “The Board of Biffa has concluded that …
Business
Evening Standard
PwC whacked with £5m in fines over botched audits
PwC has been hit with fines totalling £5 million for duff audits of Galliford Try and Kier Group, the latest blow to a scandal-torn sector.The Financial Reporting Council found failings in the audit giant’s treatment of long-term contracts.Claudia Mortimore, a lawyer at the FRC, said: “Rigorous auditing of long-term contract accounting is particularly important in …
Business
Business Live
Co-op Live makes nine new hires from likes of Manchester United, AO Arena and Liverpool John Lennon Airport
The £365m Co-op Live arena, which is being built by Manchester City’s Etihad Stadium, has made nine new hires. They have joined from the likes of Manchester United, AO Arena and Liverpool John Lennon Airport as well as Ticketmaster, Electricity North West and Arsenal. Co-op Live will have a capacity of 23,500 and is expected …
Business
Evening Standard
Sterling takes a pounding as the City frets over Boris victory
THE pound wobbled today in the wake of Boris Johnson’s leadership victory as the City fretted about the prospects for the UK economy – and feared turbulence ahead.With a recession possible and inflation heading towards 10%, the PM’s relationship with the Square Mile and the wider business community is tense.Sterling fell 0.7% to $1.243 against …
Business
Sky News
The cost of filling a tank of petrol hits £98 for first time in history – and prices are still climbing
Petrol prices set a new record of 178.5p a litre on Tuesday morning, increasing by 0.6p in just 24 hours. The price of diesel has also increased to 185.2p a litre. It is the third time in six days that a new high has been hit.“The cost of filling a 55-litre family car with petrol …
Business
Evening Standard
Boss of high street retailer New Look steps down
Nigel Oddy CEO of high street fashion retailer New Look is to step down from the company as it continues the hunt for his replacement. The store chain has indicated is at a “well-advanced” stage with an announcement of his successor imminent.Oddy joined the business in April 2019 as chief operating officer after executive positions at …
Business
Sky News
Ex-chancellor Hammond in exclusive talks to buy £200m outsourcer Amey
Lord Hammond, the former chancellor, has moved into pole position to acquire Amey, one of Britain’s biggest outsourcing groups, after the firm where he works as a partner secured a period of exclusivity to finalise a deal worth more than £200m.Sky News has learnt that Buckthorn Partners, a private investment firm which the Conservative peer …
Business
Evening Standard
Tesla chief gets jitters over Twitter — could walk away
Is Elon Musk preparing to walk away from his $44 billion bid to buy Twitter?The Tesla founder is certainly preparing the ground work.He says today, though not on Twitter so far as I can see, that the company is refusing to give him information about its spam bot accounts.A letter to the Securities & Exchange …

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