By Nicholas Earl Octopus Energy Generation (Octopus) has announced two new deals for German onshore wind farms worth a combined 57GW. The renewable generation arm of Octopus Energy Group is aiming to boost German green power and reduce Europe’s relianc…
France pulls out of Channel migrant deal over Truss ‘friend or foe’ comments
By Stefan Boscia France has reportedly pulled out of a deal to try and stop Channel migrant crossings, after comments made by Liz Truss on Emmanuel Macron. Truss said during the Tory leadership campaign that the “jury’s out” over whether the French Pre…
Are you marathon ready? Top kit for the big race
By Steve Dinneen Once again postponed because of Covid, the London Marathon is finally happening this Sunday. If you need some last-minute inspiration for gear to help you reach the next level, we have you covered. Lululemon Fast and Free Running Vest,…
Amigo shareholders rebel over chief’s £600k paypacket
By Charlie Conchie Beleaguered lender Amigo Loans faced a rebellion from shareholders today as nearly half of its investors voted against a proposed £600,000 pay packet for its chief executive. Some 45 per cent of shareholders voted against plans to ap…
Elizabeth line: Bond Street station to open on 24 October
By Ilaria Grasso Macola Bond Street’s Elizabeth line station will open on 24 October, Transport for London (TfL) has announced. The step-free station will accommodate 140,000 daily passengers, relieving congestion from Oxford Street and giving a boost …
Keir Starmer only halfway there on persuading business of his merits
By Andy Silvester It is hard to imagine a more friendly wicket for Keir Starmer to have turned up to at Labour conference. A party broadly united behind him, and a government that (fairly or unfairly) is being blamed left, right and centre for precipit…
House prices may tumble a fifth if Bank of England hikes rates steeply, economists warn
By Jack Barnett House prices could tumble as much as 21 per cent if the Bank of England is forced to hike interest rates steeply in response to the government’s tax and borrowing splurge fuelling inflation, City economists have warned. Mortgage afforda…
Junior KPMG auditor ‘should have questioned’ manager’s instructions, tribunal says
By Louis Goss A 25-year-old junior KPMG auditor, who copied meeting minutes into a document as part of a scheme to deceive the UK’s Financial Reporting Council (FRC), “should have questioned” his manager’s instructions, a disciplinary tribunal has said…
Walsh: Anything shy of 2050 net-zero goal will be a failure
By Ilaria Grasso Macola Aviation boss Willie Walsh is calling on governments and industry regulators to commit to a net-zero goal by 2050. “I think anything shy of that will be viewed as a failure,” he told journalists on Tuesday afternoon as he talked…
EV switch under threat from uneven roll out and rising energy prices
By Ilaria Grasso Macola Over the last few years, an increasing number of Brits have joined the green car revolution and switched to electric vehicles (EVs). There are currently over 900,000 electric cars in the UK – up from less than 4,000 a decade ago…