Tag: firms

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Rishi Sunak announces £5bn windfall tax on energy firms

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Rishi Sunak has announced a £15bn package of support for households struggling with the cost of living crisis, part-funded by a £5bn windfall tax on energy companies. The chancellor set out what he called a “significa...

Ofwat asks water firms to do more for people struggling to pay bills

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The regulator Ofwat has urged water companies to do more to help people across England and Wales who are struggling to pay their utility bills as the cost of living squeeze tightens. Ofwat has published a new set of g...

Power failures: what are the bosses of Britain’s bust energy firms doing now?

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For the coachloads of visitors lured to Fort Augustus on the southern shore of Loch Ness by the prospect of spotting the mythical marine monster, a collection of green shipping containers parked in a nearby field warr...

MPs attack ministers’ ‘nonsensical’ refusal to make firms reveal race pay gap

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A group of MPs has accused the government of lacking the “will or care” to create a fairer and more equal society, after it rejected calls to force companies to reveal the pay gap between white employees and others. O...

Serious Fraud Office requests documents at Gupta-linked firms

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Investigators from the Serious Fraud Office have requested documents and questioned executives at the British offices of companies owned by the industrialist Sanjeev Gupta, in a sign of deepening legal difficulties fo...

Serious Fraud Office seizes documents at Gupta-linked firms

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Investigators from the Serious Fraud Office have seized documents and questioned executives at the British offices of companies owned by the industrialist Sanjeev Gupta, in a sign of deepening legal difficulties for G...

10 travel firms turning green: new initiatives to boost sustainability

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In a move designed to help counter overtourism, accommodation provider Sawday’s has announced that it will cap the number of places to stay it represents in some of the worst-affected areas. The B Corp-certified compa...

Next and group of investment firms buy JoJo Maman Bébé

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The baby clothing and maternity wear retailer JoJo Maman Bébé – whose high-profile customers include the Duchess of Cambridge – has been snapped up by the high street company Next and a group of investment firms. Laur...

Tacos, treehouses, virtual golf: top firms try to bribe workers back to the office

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Since the pandemic began, millions of workers around the world have gone remote and we now have a raft of recent studies that suggest what many workers have long argued: remote work makes people happier, healthier, an...

UK firms report fastest growth in labour market since pre-pandemic

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Employment growth in the UK returned to pre-pandemic levels in March, but the jobs boom looks set to be short-lived amid rising living costs and the impact of the war in Ukraine, a report says. The business advisory f...

Tax fraud inquiry into consultancy firms launched as French election looms

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French financial prosecutors have opened a preliminary investigation into suspected tax fraud by global management consultancy firms, just as Emmanuel Macron’s re-election campaign has been hit by a row over the gover...

Taking tech to the world: three firms changing lives beyond UK shores

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If you’re the founder of a small business that’s making waves across the UK, you may well be more than happy with the way things are. But for many British business owners, the ultimate goal is to export their goods an...

More UK firms expect to raise prices than at any time since 1980s

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More UK businesses are preparing to raise prices than at any time since the 1980s, heaping further pressure on hard-pressed consumers amid recent increases in gas, electricity and petrol prices. The British Chambers o...

Raw sewage discharged into English rivers 375,000 times by water firms

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Water companies discharged raw sewage into English rivers 372,533 times last year, a slight reduction on the previous year. The water companies covering England released untreated sewage for a combined total of more t...

EU wants to force fashion firms to make clothes more durable and recyclable

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The European Commission is calling for an end to fast fashion by 2030, as it announced a vast expansion of eco-design rules that could in future apply to any product, starting with textiles. The EU executive also want...

Energy firms using sharp practices to boost cashflow, says Martin Lewis

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Energy companies are using unfair and potentially illegal tactics to secure cash at the expense of their customers amid the energy crisis, the consumer expert Martin Lewis has told MPs. Households face a “fiscal punch...

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