bbc business news
- Business
Octopus Energy worth £3.3 billion as Al Gore’s Generation invests £437 million
C hallenger energy company Octopus is now worth as much as British Gas-owner Centrica after announcing a blockbuster deal to…
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Emission-busting AdBlue price hike as gas costs soar for Yara
Soaring gas costs have triggered a hike in the price of emission-busting transport fuel solution AdBlue and other industrial products.…
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Inspirational project will see business leaders help guide vulnerable youths
Vulnerable young people are to be given unique opportunities to gain employment experience and new skills from business leaders. A…
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FTSE 100: Petrol crisis lifts oil firms, sends crude to 3-year high
B rent crude hit a three-year high at near to $80 a barrel today, heaping more inflationary pressure on the…
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Energy crisis and Covid-19 show the UK’s just-in-time economy needs more resilience
W hat do factories, the NHS, and the energy sector have in common? All are operating by the seat of…
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Devon’s Applegate set for jobs growth after partnering with Euro tech giant
Devon’s pioneering AI procurement company Applegate is aiming to create jobs after forming a partnership with European tech firm Visable.…
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Billionaire Issa brothers’ petrol stations giant swoops for 52 KFC sites
More than 50 KFC restaurants across the UK have been acquired by petrol station giant EG Group, which was founded…
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Oil refinery ‘heading in right direction’ despite reports of ‘imminent collapse’
An MP has said he “doesn’t believe” the reports about the “imminent demise” of Essar’s Stanlow oil refinery – and…
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Driver shortages contribute to collapse of £167m logistics firm
Driver shortages have contributed to the collapse of a £167 million turnover food distribution business, putting more than 400 jobs…
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TalkTalk and Government launch scheme to give jobseekers free broadband
TalkTalk has partnered with the Department for Work and Pensions to give jobseekers free broadband for six months. The Salford-based…
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Scientists carry out ‘ground-breaking’ research at cider orchard
A Devon cider company is working with scientists from the University of Bristol to identify and preserve unique and threatened…
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Latest insolvency statistics show impact of Covid-19 on Midlands businesses
New figures suggest business across the Midlands are struggling to get to grips with the impact of Covid-19 despite the…
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Contractor eyes turnover surge and profits recovery
A contractor which has completed projects for Everyman Cinema, Timpson and Premier Inn, is forecasting a surge in turnover to…
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Design Espresso launches new coffee machine and charity partnership
A Leicestershire company which supplies and repairs coffee machines has taken on the challenge of raising awareness of mental health…
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Re-election at Fisher German at more property appointments
A property consultancy has announced the re-election of its managing partner as well as a senior Birmingham appointment. Fisher German…
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£12.5m assisted living scheme in the National Forest completed
Work on a £12.5 million assisted living scheme in Leicestershire has finished. National contractor Willmott Dixon has completed the work…
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Estate agent smashes sales target as UK housing boom continues
An estate agency which was launched during the pandemic has expanded its services after exceeded its sales targets in its…
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Visit Wales launching new autumn and winter campaign to extend tourism season
Visit Wales will soon be launching a new autumn and winter campaign as Welsh Government says they want to grow…
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No 10 plans to lower salary level at which graduates start repaying loans
UK universities updates Sign up to myFT Daily Digest to be the first to know about UK universities news. The…
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Labour seeks to cast off image of excessive public borrowing
Labour Party UK updates Sign up to myFT Daily Digest to be the first to know about Labour Party UK…
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UK motorists face queues and closures at petrol stations
UK business & economy updates Sign up to myFT Daily Digest to be the first to know about UK business…
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BBC deal could be ‘monumental’ for North East creative industries
From a middle-aged woman solving murders in a floppy hat to hairdressers near the Metrocentre discussing life, love and beauty…
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Newcastle’s Nixon Hire secures investment from Pricoa to target growth
Industrial equipment company Nixon Hire is set for growth after receiving a significant investment from Pricoa Private Capital. Launched in…
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Night lights and new seating complete first section of Dawlish sea wall
The first section of new sea wall at Dawlish has been completed with the installation of new seating and lighting.…
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US nuclear consortium ‘has a plan’ for Wylfa with ‘exploratory’ talks taking place with UK Government
A US nuclear sector consortium “has a plan” to build a large nuclear plant at Wylfa – with UK Government…
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Turkish firm Ciner Glass in new stadium naming rights deal with Ebbw Vale RFC
Turkish firm Ciner Glass has entered into a stadium naming rights deal with Ebbw Vale RFC. Ciner, which is investing…
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NI SMEs racked up £40M in exports last year through Amazon, says online retailer
Small and medium-sized business based in Northern Ireland selling through Amazon recorded more than £40 million of export sales last…
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UK energy retailers say suppliers may refuse to absorb customers
UK energy updates Sign up to myFT Daily Digest to be the first to know about UK energy news. The…
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North East Business Awards: Winners speak of pride after grand final triumph
North East companies have spoken of their pride after winning big at the North East Business Awards grand final –…
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CBI: UK needs ‘COBR for business’ as economy lurches into crisis
B ritain’s top business group has called on the government to set up an emergency task force at the heart…
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Belfast’s conference sector closes in on £30 million of new business
Belfast’s events and conferencing sector has been given a much-needed boost after landing a major global award at the same…
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Anglesey Jobcentre reopens after closing when the pandemic hit
A jobcentre on Anglesey has reopened after being closed for 18 months. Amlwch Jobcentre shut when the pandemic hit as…
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NI finance minister pleas for extension of furlough as end date approaches
The fast-approaching end of the government’s furlough scheme has prompted Northern Ireland’s Finance Minister Conor Murphy to plead with the…
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Administrators called in to collapsed energy firm as 50 jobs affected
Administrators have been appointed to North West energy firm PfP, with the firm’s customers set to transfer to British Gas.…
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Bitcoin drops after People’s Bank of China declares all crypto illegal
C ryptocurrencies sunk today after the People’s Bank of China declared the market illegal. China’s central bank said all forms…
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Hillary Clinton shares her tips for success as a female leader at LTW
H illary Clinton has urged London‘s aspiring female business and tech leaders to be “determined and resilient” when they get…
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Ford speaks out over reports of huge electric investment in Merseyside plant
Ford has issued a statement following reports it is considering building a “new generation” of electric transmission systems at its…
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Plans move forward for £170m regeneration of Truro city centre
A major £170m regeneration scheme for the centre of Cornwall’s capital Truro has moved a step closer after outline planning…
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Falmouth businesses and university combine to stage book festival
Falmouth business and the Cornish town’s university have combined to stage a book festival featuring authors, poets and filmmakers. The…
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Agri min gifts subsidy top up to Northern Ireland’s farmers
Northern Ireland’s farms are set to benefit from a further £800 of government money each as the agriculture minister flexes…
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Betting deals at risk and financial hit looms for clubs as ban considered
Any possible extension of Premier League club Burnley’s main shirt sponsorship deal with a British financial and sports betting company…
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Innovation continues to thrive globally despite the pandemic
As the world economy begins to shake off the effects of Covid-19, nations will be looking to gain competitive advantage…
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The UK’s film and TV production body forms first regional board
The body representing film and television production professionals in Britain has formed its first regional committee – one of six…
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Plymouth’s £13m apartment block back on track after setbacks
A £13m apartment block which boasts panoramic views over Plymouth is set to be completed by 2022 after the project…
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Gary Lineker joins entrepreneur’s football app as boss looks to ‘big things’
A Liverpool tech entrepreneur has brought football legend Gary Lineker on board as a business partner and brand ambassador in…
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When obstacles become opportunities to work better
Newsletter: FT Weekend Get a shot of weekend inspiration with the best in life, arts and culture. Delivered every Saturday…
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‘Together, we go further’ advice from HullLive Business Awards headline sponsors
There’s still time to enter your business into this year’s HullLive Business Awards – but be quick, the deadline is…
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Willmott Dixon working on big cinema and art centre extension
Willmott Dixon has been contracted to work on the redevelopment of Leicester’s Phoenix cinema and art centre. The project, which…
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Northern life sciences ‘supercluster’ could create 50,00 new jobs
Bringing together the North’s expertise in health and life sciences could create more than 50,000 new jobs and add £16.5bn…
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Carbon shipping and trading hub plan for Immingham to use near North Sea storage
Plans for Port of Immingham to emerge as a carbon shipping and trading hub have taken a major step forward…
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