Markets
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Not enough support was garnered amongst Premier League clubs to hold a vote on changing rules relating to fixed assets. The decision means Premier League clubs like Chelsea will still be able to sell hotels to a company linked to their owners without penalty. The Blues sold two hotels in 2023 and included the generated…
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Birmingham City are set for a multi-million pound boost to their Sports Quarter development after chancellor Rachel Reeves committed investment which will see the city’s metro reach the club’s planned new stadium. Part of the £2.4bn allocated to the West Midlands will link Birmingham’s Sports Quarter to the centre of town, according to West Midlands…
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Chancellor Rachel Reeves has confirmed that more pensioners will be eligible for the Winter Fuel Payment this year, signalling a U-turn on one of Labour’s earliest and most contentious policies. Read more: Winter fuel payment U-turn in place this year, but key details remain unclear
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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…