Bitcoin’s return to form continues as global markets recover December 7, 2021 Bitcoin continued its steady recovery yesterday. It’s currently changing hands for more than $51k, up eight per cent over the past 24 hours.
Bitcoin recovers after Saturday’s sudden decline December 6, 2021 The Bitcoin price was hovering just below the $48k level this morning, after a sudden drop early on Saturday saw the leading cryptocurrency fall nearly $10,000 in roughly an hour.
SSE sells energy from waste plants for £1bn October 13, 2020 SSE today announced that it would sell its stake in two energy from waste plants for £995m as it continues to raise money to invest in low-carbon projects. Shares in the FTSE 100 company rose 3.9 per cent in the morning’s trading. The divestment, which is expected to complete by the end of the year, [...]
Investors should restrict ire over pay deals November 29, 2019 Talk about picking your moment. Provoking a pay row with your shareholders in the middle of a General Election campaign in which the Labour party has zeroed in on income inequality looks crass — so Bovis Homes Group’s executives shouldn’t be surprised if a few arrows are fired in their direction by would-be MPs early [...]
Greencoat Wind to buy SSE wind farm stake for £350m September 1, 2020 Renewable investment fund Greencoat Wind will buy SSE’s 25.1 per cent stake in two wind farms off the coast of Cumbria for £350m. The Walney wind farms, which are situated nine miles off the Cumbrian coast, have a capacity of 367.2 megawatts. Danish power company Orsted holds a 50.1 per cent stake in the assets, [...]
PwC back with a vengeance at top of audit client rankings March 3, 2019 Accountancy giant PwC has become the leading auditor of listed UK clients for the first time since 2013, retaking its FTSE 100 client crown in the process. PwC, Britain’s biggest professional services firm by revenues, leapfrogged fourth-placed KPMG to take pole position. The smaller firm lost 12 clients between November last year and February, while [...]
A market cap is the quickest way to inject some competition into audit March 7, 2019 As you read this, the Kingman review, the Competition and Markets Authority review, the Brydon review, and the Business, Energy and Industrial Strategy Select Committee are all scrutinising the audit profession following a series of high-profile scandals. Failures such as Carillion, BHS, and Patisserie Valerie present very different problems, but each case rightly led to [...]
Wall Street ticks up as FTSE 100 sinks into red amid Covid-19 case worries August 21, 2020 Wall Street crept marginally higher this afternoon and the FTSE 100 dropped again as investors weighed up the global economic recovery and pockets of rising coronavirus cases. London’s blue-chip index closed down almost 0.19 per cent at 6,001 points, while the FTSE 250 climbed 0.24 per cent. US markets opened in the red before reversing [...]
SSE fined £2m by Ofgem over ‘inside information’ failings September 3, 2020 SSE has been fined £2.1m by Ofgem for failing to publish inside information about the wholesale energy market. The FTSE 100 energy firm failed to publish timely information about the future availability of its generation capacity, the regulator said. This was likely to have had a “significant” effect on forward wholesale electricity prices, it added. [...]
Police association headquarters hit by malware cyber attack March 21, 2019 The association for British police officers has been hit by a malware attack at its Surrey headquarters. The Police Federation of England and Wales (PFEW) today said it fell victim to an attack on 9 March, and said it had put steps in place to isolate the impact and reduce the risk of it spreading. Read [...]