South East Water, a key supplier for 2.2 million people across Kent, Sussex, Surrey, Hampshire, and Berkshire, has announced a £200 million cash injection to stabilise its financial position. The
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The Financial Reporting Council (FRC) is set to make significant changes to the UK Stewardship Code, a framework designed to guide how shareholders hold companies to account. Created in the
Marks & Spencer (M&S) is pushing forward with an ambitious expansion plan as the retailer rebounds from a disruptive month-long cyberattack that impacted operations. The company’s strategy includes converting 12
Phil White, one of the pivotal figures behind the rise of National Express, has made a return to the company, now rebranded as Mobico. At the age of 75, White
Three out of five British companies have reported that increasing and volatile energy costs are severely hampering their growth strategies. A recent survey conducted by EY, the professional services firm,
AAB, a prominent mid-market accountancy firm, has been placed on the market with a hefty £250 million price tag. August Equity, the private equity owner of AAB, has enlisted investment
A Gloucestershire-based company, Naicker Scientific, has garnered attention after winning a £150,000 prize for a groundbreaking device designed to produce clean drinking water from icy lunar soil. This achievement comes
An aggressive American activist hedge fund has positioned itself with a substantial £850 million bet against shares in London-listed oil group Shell. This short position, which accounts for 0.5 per
British Steel has announced the potential closure of its two blast furnaces at the Scunthorpe site, a move that could result in the loss of up to 2700 jobs. The
The ongoing struggle at Morrisons has been exacerbated by a recent cyberattack that disrupted operations and product availability. The company, the UK’s fifth-largest supermarket, is grappling with significant competition in
The housebuilder Vistry has cancelled its final dividend following a significant decline in profits. The company released a series of profit warnings over the autumn and winter, revealing it had
Shell has unveiled ambitious plans under its new chief executive Wael Sawan to bolster gas production while reducing its investment in low-carbon initiatives. During a strategy update, Sawan articulated a
Unilever’s new chief executive, Fernando Fernandez, has announced plans to expedite the sale of underperforming brands in the company’s Foods Europe division, marking a swift shift in its restructuring strategy.
The engineering consultancy John Wood Group has witnessed its shares plunge by more than 55% following revelations of severe financial difficulties and governance concerns. The company’s announcement of a potential
InPost, the UK’s leading parcel locker operator, has emerged as a potential buyer for the financially strained delivery company Yodel, signalling a significant shift in the British logistics landscape. Senior
The fate of some of the world’s most beloved ice cream brands hangs in the balance as Unilever contemplates where to list its £13 billion ice cream division. The consumer
