Crest Nicholson’s profit slumps over high-cost ‘legacy sites’ as potential £13m legal bill looms January 23, 2024 Crest Nicholson reported a slump in profits for 2023 amid runaway costs and has prepared for a possible legal bill of £13m over a 2021 fire, after the FTSE 100 housebuilder issued a profit warning last week.
Former Abellio chief: Here’s how to get British rail back on track October 17, 2023 Half a year on from leading a management buyout of the major Dutch rail and bus operator Abellio, Dominic Booth sits down with City AM.
A new Horizon deal will protect the future of British science and AI capabilities September 8, 2023 Funding will help us use artificial intelligence algorithms, normally used to track exploding stars, to check for skin cancer.
‘Huge vote of confidence’: Sunak cheers Google’s £790m AI injection in Watford January 18, 2024 Google has announced plans to invest $1bn (£790m) to build a new UK data centre as it tries to gain a lead in the race for AI supremacy.
SSE: Energy giant bullish over earnings but warns renewables output ‘below expectations’ October 4, 2023 SSE expects to report earnings of at least 30 pence per share in its half-year results next month, but warns of flagging renewable generation.
Sunak’s support for National Grid is welcome but private sector key for net zero goals October 30, 2023 Sunak’s push for electrification is highly welcome, but we can only hope National Grid done enough to power the UK's greener future.
China’s slumping economy signals the end of a high growth era August 24, 2023 Exports have slumped, growth has stalled and the economy even slipped into deflation. The youth unemployment figures have gotten so bad that the government has stopped publishing them. These figures - or their absence - reveals more than an economy struggling to grow after Covid. What they demonstrate is that China’s growth model over the past few decades has run out of steam.
Jeremy Hunt unveils plans to boost pension funds’ investment July 10, 2023 Jeremy Hunt is set to announce hotly-anticipated plans to supercharge pension funds to invest in high-growth sectors and boost British businesses. The Chancellor will spell out his plans today to encourage schemes to invest cash in infrastructure, startups and green tech – in a bid to rocket power the UK’s growth while avoiding adding to [...]
Whoever wins the election would do well to reconnect with the Commonwealth June 14, 2024 Whoever leads the UK must prioritise strong international partnerships. Where better to start than the Commonwealth, writes Lord Marland.
Firmdale: Record year for luxury London and New York hotel group amid expansion plans August 5, 2024 Turnover at the group behind luxury hotels in London and New York edged to almost £200m during its latest financial year, it has been revealed.