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If London is serious about shaping the next era of tech, we must treat semiconductors as vital national infrastructure, writes Russ Shaw.
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An estimated investment of more than €240 billion will be necessary by 2050 to fulfil the EU member states’ nuclear energy plans and achieve energy decarbonisation objectives, according to the European Commission’s latest analysis. This estimate accompanies the Commission’s revised nuclear illustrative programme (PINC), which reviews nuclear development trends in the EU. This assessment aligns…
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A senior official admits errors in PPE Medpro contract approval, as day two of the £122m High Court case reveals confusion and contradictions inside the government’s Covid procurement process. Read more: PPE Medpro legal battle intensifies as civil servant admits approval ‘mistake’ over sterile gowns
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The High Court has upheld Labour’s decision to apply 20% VAT to private school fees.
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Middle East conflict jolts oil prices and global equities
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The rising popularity of padel and pickleball has helped health club chain David Lloyd make a profit for the first time since being acquired by private equity giant TDR Capital. The Hertfordshire-headquartered chain has reported a pre-tax profit of £32.2m for 2024, new accounts filed with Companies House have revealed. The results come after the…
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French energy giant EDF has acquired EV charger company Pod Point for just £10 million, down from its £352 million IPO valuation in 2021, after a sharp drop in revenue and continued losses. Read more: EDF buys EV charger firm pod point for just £10m – four years after £352m london float
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Carbon management software provider Green Project Technologies has introduced act50, a digital marketplace and supplier engagement platform aimed at aiding companies in reducing and monitoring Scope 3 supply chain emissions. Green Project Technologies, established in 2021, offers a comprehensive web-based platform that integrates carbon accounting, supplier engagement, reporting, and advisory services to assist businesses in…
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The Ministry of Defence and Department for Health and Social Care are slated to see billions cut in Whitehall budgets in what a DOGE-style body within the Treasury described as “efficiency gains” – despite both departments set to see a real terms increase in spending between 2026 and 2029. A new government document has revealed…
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Amazon and electricity producer Talen Energy have announced a new long-term Power Purchase Agreement (PPA), under which Talen will supply Amazon with 1.9 GW of power from its Susquehanna nuclear power station in Pennsylvania, destined for Amazon Web Services (AWS) data centres in the area. This deal is the latest among several nuclear agreements by…