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Thames Water has been handed a record-breaking £122.7 million fine by Ofwat following two damning investigations into the UK’s largest water utility. Read more: Thames Water hit with record £123 million fine by Ofwat after investigations uncover failures and illegal dividends
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Oliver Chapman, OCI Group CEO, welcomes the new EU-UK agreement, but poses questions on long-term value.
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French renewable energy company Solveo Energies has successfully secured €98 million in a recent financing round. The funds are intended to expedite the development of wind and solar projects, contributing to France’s goals for carbon neutrality. Established in 2008, Solveo collaborates with local resources and partners to develop, finance, build, and operate renewable energy initiatives.…
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In the past month alone, cyber attacks have gone from occasional headlines to near-daily national news fixtures.
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New UK rules for BNPL raise critical questions about ecommerce UX, conversion rates and whether frictionless finance is now a fading fantasy.
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McKinsey & Company has cut more than 10 per cent of its global workforce in the past 18 months, trimming headcount from over 45,000 at the end of 2023 to around 40,000 today, as the consulting giant adapts to a downturn in demand and the fallout from costly legal settlements. Read more: McKinsey cuts 10%…
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Pubs enjoyed a boost in April during the sunny spring weather as Brits opted for outdoor beer gardens over indoor restaurants. Like-for-like sales growth at pubs reached 9.1 per cent year on year, according to the latest CGA RSM Hospitality Business Tracker. Sales across all hospitality outlets were 4.2 per cent ahead of April 2024…
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London has relinquished its status as the world’s foremost center for scientific and technological innovation. A report has issued a serious alert about the City’s declining international prominence. The UK’s capital has been surpassed by San Francisco and Zurich, which gained 16 and 6 points respectively. Conversely, London saw a drop of three points, resulting…
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Sportswear giant Adidas is the latest retailer to suffer a cyberattack targeting customer data, highlighting escalating risks in the retail sector.
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The French energy company TotalEnergies has opened its largest cluster of solar power plants in Europe, a series of five projects located near Seville, Spain, with a total installed capacity of 263 MW. As reported by TotalEnergies, the new solar farms will generate 515 GWh annually of renewable electricity, enough to meet the needs of…
