South East Water needs cash injections to stay afloat
South East Water says it needs cash injections from investors in order to remain in business. It is preparing for…
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Airbus tests electric engines for the future of aviation
After other net-zero projects failed, the aviation giant is now focusing on hybrid power.
Airbus will use small…
Mike Jatania is close to a deal with The Body Shop
Mike Jatania, a British tycoon, is close to completing a deal with The Body Shop as he continues his race to save…
Microsoft and Apple drop out of OpenAI Board amid regulatory scrutiny
Microsoft and Apple resigned from their board observers seats at OpenAI to quell global regulators' concern over…
Barratt Developments will build fewer homes next year
Labour's ambitious plan to "get Britain back building" has been dealt a major blow after one the country's largest…
S&P warns that UK debt is still a weak spot
One of the leading rating agencies in the world has warned that the UK's high level of debt and its "constrained"…
Thames Water warns that money will be exhausted next May if no new funding is…
Thames Water warned that the company only had enough money to cover its operations through to May next year. It is…
Owners of humanised pets pay a lot to keep their animals alive
The Competition regulator said that pet owners who "humanise" their animals are paying more than necessary to keep…
Alain Roux’s Michelin star restaurant is in the red
Alain Roux’s three Michelin star restaurant in Berkshire is now losing money due to rising wage pressures.
The…
Shein launches €200mn fund for fashion waste while it waits for IPO approval
Shein, an online fast fashion group planning to list in London, has launched a €200mn “circularity fund” that,…
Italian roaster Lavazza warns that coffee prices will continue to rise.
Italian coffee giant Lavazza warned that the price of coffee will rise as climate change and shipping disruptions,…
Green investments to begin ‘immediately” with the new £7bn National…
The Chancellor Rachel Reeves announced that the new flagship National Wealth Fund of £7.3bn to decarbonise…
Dyson will cut a quarter from its UK workforce
Dyson has cut about 1,000 jobs, which is more than one quarter of the workforce.
People familiar with the…
Business France says goodbye to Emmanuel Macron’s pro-business agenda
After President Emmanuel Macron’s snap legislative election resulted in a hung Parliament, France’s corporate…
UK pension funds overpay fund managers by £1.5bn
According to a new analysis, UK pension plans pay fund managers £1.5bn more than necessary in fees each year. This…
Melrose corporate raiders are back with Melrose BlackRock, among the blue-chip…
BlackRock, Norges, and GIC have signed up as investors to support a listed private-equity vehicle founded by…
The world’s largest oil company is betting on the power of petrol
Saudi Aramco, the world's biggest oil company, is betting that the internal combustion engines will last for "a…
Carlsberg goes ‘beyond the beer’ in its £3.3bn Britvic deal
While health campaigners are happy that young people seem to prefer soft drinks over alcohol, companies who produce…