Octopus Energy plans £10bn demerger of tech arm Kraken
Octopus Energy Group, Britain’s largest residential gas and electricity supplier, is planning a £10bn demerger of its technology arm that would solidify its position as one of the most valuable…
Chancellor Rachel Reeves confirms readiness for role, following tearful PMQs
The chancellor has said she was having a «tough day» yesterday in her first public comments since appearing tearful at Prime Minister’s Questions – but insisted she is «totally» up…
Official Receiver secures crucial oil supply deal with Glencore
The Official Receiver has reached a deal with the commodities trading giant, Glencore, that will ensure supplies of crude oil to the ailing Lindsey refinery following its owner’s collapse this…
Zilch seeks overseas targets for expansion and potential listing
Zilch, the consumer lender which has become one of Britain’s fastest-growing fintech companies, has initiated a search for international takeover targets as part of its accelerated expansion in preparation for…
Ryanair calls for EU chief to resign over air traffic strike disruption
The boss of Ryanair has told Sky News the president of the European Commission should «quit» if she can’t stop disruption caused by repeated French air traffic control strikes. Michael…
Leaseholders to have easier rights to challenge high service charges
Leaseholders will be able to more easily challenge extortionate service charges, the government has said. For those who are trapped in the midst of the leasehold scandal, the reforms cannot…
Fiscal rules are important despite being seen as silly by some, as highlighted by Reeves and market reactions | Money News
You’re probably tired by now of hearing all about «black holes». It’s one of those phrases trotted out by journalists in an effort to make economic policy sound a little…
Final approval for Trump’s tax cuts bill in US Congress
Donald Trump’s ‘big beautiful bill’ has been passed by the US congress, sending it to the president to sign into law. The controversial tax breaks and spending cuts package cleared…
Brady supports Reeves after emotional Commons moment
Conservative peer Baroness Karren Brady has told Sky News she feels «nothing but sympathy» for the chancellor, after Rachel Reeves was seen crying in the House of Commons during Prime…
Elon Musk Faces More Bad News as Tesla Misses Delivery Targets Again
Tesla’s troubles have worsened as the most recent production and delivery numbers indicate a larger decline than anticipated. A total of 384,122 Teslas were delivered from April to June this…