Drax profit outlook upgrade driven by heatwave demand and solar deal
The Drax profit outlook upgrade announced on Thursday puts the power generation company on course to finish 2026 at the top end of City forecasts, after a summer heatwave pushed... Read More
ScotWind spending transparency audit demands clearer plan for £755m
Audit Scotland has called for ScotWind spending transparency audit across every pound of the £755 million generated by the Scottish Government’s offshore wind seabed leasing programme, saying the public deserves... Read More
FTSE 100 rally on oil prices offsets UK inflation jump
The FTSE 100 rally driven by falling oil prices gave London markets a boost on Wednesday, even as fresh data showed UK inflation accelerating and the US Federal Reserve announced... Read More
Bank of England Interest Rates on Hold as Inflation Climbs Toward 4%
The Bank of England interest rates are expected to remain at 3.75% when its Monetary Policy Committee (MPC) meets on Thursday, but economists are warning that the window for holding... Read More
Morrisons turnaround strategy results in strongest quarterly sales growth in over a year
Morrisons has posted its best quarterly sales growth in more than a year, with the Morrisons turnaround strategy delivering rising volumes, lower prices and a double-digit jump in online sales.... Read More
Entain customer care job cuts reach 400 as gambling tax pressure bites
Entain, the group behind Ladbrokes and Coral, has confirmed that Entain customer care job cuts could reach around 400 roles worldwide, with a formal consultation now under way that covers... Read More
