EY has taken on $700m (£554.27m) in additional debts in its global operating business, which were largely spent on its failed plans to split the business. The plan, known as …
Financial Planning
Investors pressure HSBC over oil and gas funding transparency
Investors have forced major multinational bank HSBC to provide greater transparency on its financing of projects for oil and gas companies moving forward, reports suggest. According to a report from …
‘Can’t do the maths’: Labour slammed for oil and gas windfall tax extension
The UK’s offshore energy industry has lambasted Labour and its leader Keir Starmer after the party said it will extend the windfall tax on UK oil and gas producers. The …
Virgin Media O2 eyes swoop for TalkTalk’s consumer unit
Virgin Media O2 (VMO2) is reportedly engaged in talks to buy the consumer division of internet provider TalkTalk after a larger deal for the whole firm failed two years ago. …
Channel 4: We are ‘well ahead’ of other broadcasters in the digital race
The chief of Channel 4 has insisted the ailing broadcaster is “well ahead” of its competitors in the shift to digital as the sector battles with the rising power of …
Fujitsu received £3.4bn from Treasury-linked deals
Fujitsu is set to have received more than £3.4bn through contracts running with Treasury-linked organisations since 2019 despite its role in the Post Office scandal, MPs have found. Around £1.4bn …
Major rail engineering work on weekdays due to change in travel patterns
Major rail engineering work will take place on two weekdays this month in a trial responding to a change in travel patterns. No long-distance services will run on the East …
Tui shareholders to vote on travel giant’s plans to exit London
London’s capital markets could be set for another damaging hit as Tui Group’s shareholders prepare to vote on the company’s plans to delist from the London Stock Exchange. Europe’s biggest …
Evri: Private equity owners prep parcel giant for £2bn sale
Evri’s private equity owners are prepping a mega £2bn sale of the parcel delivery firm, according to reports. Advent International, the American private equity giant that owns the firm, is …
Black cab boss: Government must extend ‘essential’ electric taxi grants
The government must extend its £7,500 grant to taxi drivers to help continue the transition to electric vehicles, the chief executive of the sector’s trade body has said. Steve McNamara, …