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European Union faces winter crisis over energy prices
This may include advertisements from us and 3rd parties based on our understanding. Member states including France and Spain have called for the European Union to reform its energy market in order to save it from collapse. This may include advertisements from us and 3rd parties based on our understanding. Member states including France and Spain have called for the European Union to reform its energy market in order to save it from collapse. The global energy crunch has already caused gas prices...
Updated: 12/02/2021
Seedrs set to be acquired by US peer for $100 million
Seedrs, a equity crowdfunding platform, is going to be acquired by an American peer for $100 million. Godzilla torpedoed its merger with Crowdcube, Republic, a US start-up investing service, a U start-ups investing service? Seedrs , a equity crowdfunding platform, is going to be acquired by an American peer for $100 million. After the competition watchdog torpedoed its merger with Crowdcube , Republic, a US start-up investing service, has swooped on the British company. Seedrs was founded in 2012...
Updated: 12/02/2021
UK must walk the talk on climate action, says watchdog
According to an assessment of the Cop 26 summit by the Climate Change Committee, the UK must walk the talk on climate action over the next 12 months, which is critical in tackling the climate emergency. According to an assessment of the Cop 26 summit by the Climate Change Committee, the UK must walk the talk on climate action over the next 12 months, which is critical in tackling the climate emergency. The government's official advisers say that the UK has one of the most ambitious 2030 emissions...
Updated: 12/02/2021
Fourth Covid booster jab deal moved a step closer
A fourth coronaviruses jab for British adults has moved a step closer after the government rushed through a deal for more than 100 million extra doses that can be tailored to variants. A fourth coronaviruses jab for British adults has moved a step closer after the government rushed through a deal for more than 100 million extra doses that can be tailored to variants. Sajid Javid , health secretary, has agreed to buy enough extra doses to repeat the entire vaccination programme, as he promised to...
Updated: 12/02/2021
U.K. energy suppliers will start paying bills from April
... start recouping losses sooner than planned. Many energy supply companies went bankrupt earlier this year because wholesale energy costs soared across Europe and suppliers in the U.K. market had to absorb millions of customers, incurring billions of pounds in additional costs. In response to complaints from suppliers that they might have to wait 18 months to get reimbursed, the regulator Ofgem has moved forward the date that suppliers can start to recover claims via bills to April. The net result ...
Updated: 12/01/2021
Boris Johnson breaks rules, not followed rules, SNP leader says
The SNP's Westminster leader Ian Blackford lashed out at Boris Johnson and insisted that he does not follow the rules he urges Britishs to. The SNP's Westminster leader Ian Blackford lashed out at Boris Johnson and insisted that he does not follow the rules he urges Brits to. Mr Blackford spoke in the House of Commons and asked: "It is deeply regrettable that we are once again forced to spend so much time in this house talking about the Prime Minister's misconduct, but when the person in...
Updated: 12/01/2021
New BT chairman may barricade himself inside boardroom
... Inc.'s attempted $12.2 billion takeover of BT's Italian equivalent Telecom Italia SpA shows their appetite for telecom assets. The Mail on Sunday reported private equity firms valuations of Openreach BT's infrastructure unit had reached 40 billion pounds $53 billion more than double the group's total market value. CVC considered a takeover of BT last summer when its valuation hit an 11 year low, Bloomberg News reported. The management of BT has strong links with private equity. Crozier is also ...
Updated: 12/01/2021
Infographic: Markets tumble following Omicron discovery
The discovery of a new Omicron coronavirus variant towards the end of November has sent markets tumbling, the culmination of a volatile month for almost every asset class in the world. LONDON, December 1, Reuters - The discovery of a new Omicron coronavirus variant towards the end of November has sent markets tumbling, the culmination of a volatile month for almost every asset class in the world. With new selling across confidence-sensitive asset classes, Moderna's head of drugmaker warned that...
Updated: 12/01/2021
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