Global
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Alternative asset management firm TPG has announced that its climate investment platform, TPG Rise Climate, will acquire a majority stake in Aurora Energy Research, a UK-based power market analytics provider. Aurora Energy Research, established in 2013 by University of Oxford professors and economists, offers power market forecasting and analytics to aid significant investment and financial…
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An increasing number of American taxpayers are eyeing the UK as their new home, according to Blick Rothenberg, a leading UK-based audit, tax, and business advisory firm. Read more: More American taxpayers are planning to relocate to the UK as Trump exodus grows
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A Lloyds exec behind the bank’s push to attract “mass affluent” customers has departed within days of the launch of its new service. Jo Harris, who has been with the FTSE 100 bank for more than a decade, would be leaving at the end of the month, according to an internal memo seen by the…
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Oxford University’s Saïd Business School and the accounting organisations AICPA & CIMA have announced the launch of the Sustainability Reporting and ESG Data Management Programme. This new executive management course focuses on strategies for sustainability reporting. Amir Amel-Zadeh, Associate Professor of Accounting at Saïd Business School, stated that this initiative arises as companies encounter new…
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TikTok has formed a new SME Council to give Britain’s small businesses a bigger say in the evolving digital economy, bringing together entrepreneurs, founders, and content creators who have used the platform to fuel growth. Read more: TikTok launches SME council to elevate small business voices and boost digital growth
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Multinational chemicals company DuPont has announced a significant milestone in its global sustainability mission, with all its electricity needs across European Union operations now being met by renewable sources. This achievement, facilitated through the use of Renewable Energy Certificates (RECs) and on-site solar energy, represents a crucial step toward DuPont’s pledge to achieve net-zero carbon…
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The UK arm of Costco has said lower petrol prices have actually helped its profit jump to almost £200m after driving up memberships. The division of the US giant said a decrease in prices at the pumps during its latest financial year contributed to increasing the number of people signing up and renewing their membership…
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ScottishPower Energy Networks (SPEN), part of Iberdrola’s UK operations, plans to invest over €262 million to enhance and future-proof the UK’s electricity distribution infrastructure. This investment supports the nation’s climate targets and aligns with SPEN’s ED2 business plan (2023–2028), setting the groundwork for the forthcoming regulatory phase (ED3). SPEN CEO Nicola Connelly stated, “We are…
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Meta, the parent company of Facebook, Instagram, and WhatsApp, has announced a new agreement with Constellation Energy to extend the operational life of a nuclear energy facility in Illinois by 20 years. The facility’s 1.1 GW output will support Meta’s operations in the region and contribute to the company’s clean energy targets. Starting in June…
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Chancellor Rachel Reeves has unveiled a £15.6 billion package to fund trams, trains and bus networks outside London, as Labour seeks to reset the political narrative ahead of a difficult spending review. Read more: Rachel Reeves unveils £15bn regional transport investment to reshape economic narrative