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Most UK CEOs opt to stay away from Reform’s conference. Senior leaders cite reputational risk, while policy watchers attend. The contrast frames an emerging playbook in corporate-political strategy.
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EU court upholds data transfer framework between Europe and US. The ruling rejected a legal challenge and confirmed that the framework’s safeguards are adequate, allowing businesses across sectors to continue transatlantic transfers with renewed certainty after years of disruption caused by previous court annulments of earlier agreements.
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The Bank of England signals limited interest rate cuts ahead. Officials suggest interest rate cuts may not continue indefinitely, citing inflation concerns and market expectations. The central bank faces challenges with inflation and borrowing costs, impacting future monetary policy decisions.
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David Crane appointed CEO of Generate Capital, succeeding Scott Jacobs. Generate Capital aims to leverage opportunities in the evolving energy market with Crane’s leadership. The firm focuses on sustainable infrastructure across sectors like energy, mobility, and water….
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Sphera secures significant investment from Neuberger Berman for growth. Blackstone-backed Sphera announced a growth investment from Neuberger Berman Capital Solutions to accelerate innovation and expand globally. Blackstone retains a majority stake while Sphera aims to enhance its sustainability and risk management solutions….
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Jaguar Land Rover hit by cyber attack disrupting production. The incident has affected operations at two major UK factories, but Tata Motors’ share price remains stable. Retail activities suffered during a peak sales period, yet no customer data has been compromised….
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SBTi releases draft Power Sector Net-Zero Standard for companies. The new standard requires companies to phase out unabated fossil fuel capacity and cease investments in such assets, aiming to align the power sector with net-zero goals by 2050….
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Palmer Energy Technology has acquired Oxford spin-out Brill Power. The deal, alongside a £5 million Series A round, will support deployment of Brill’s battery management systems across UK energy storage projects.
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UK services growth surged to a 16-month high in August. The S&P Global/CIPS PMI rose to 54.2, signalling stronger demand across business services, hospitality, and transport, as inflationary pressures eased and overseas demand picked up.
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Eurozone economic growth stayed sluggish in August, PMI data shows. Manufacturing posted its strongest output in more than three years, while services slowed and inflationary pressures picked up, highlighting uneven momentum and continued fragility across the bloc’s recovery.
