Good Energy offloads solar and wind asset ahead of shareholder showdown with rival firm January 20, 2022 Good Energy has sold a portfolio of renewable sites despite pressure from activist investors to keep hold of its generation assets.
Fashion brands log legal claims over Visa and Mastercard fees December 12, 2021 Fashion firms are taking legal action over Mastercard and Visa card payment fees More than a dozen brands have filed legal claims over historic charging fees, alleging a breach of competition laws, it was reported by The Telegraph. It comes as Amazon confirmed UK customers will not be able to use Visa credit cards when [...]
Racing Post picks bankers to oversee its £500m sale following US intrigue December 7, 2021 Owners of the Racing Post has picked bankers to oversee its £500m sale following a growing interest in sports betting data from US-based gambling companies.
JD Wetherspoon and Budweiser ink 20-year partnership as brewer chain’s largest beer supplier November 29, 2021 Pub operator JD Wetherspoon has announced a 20-year deal with brewer Budweiser, which will become the chain’s largest beer supplier. JD Wetherspoon (JDW) will be ditching its 41-year association with brewer Heineken in favour of products from Budweiser Brewing Group. Beers including Budweiser, Stella Artois, Corona and Bud Light will be on offer at JDW [...]
European carbon benchmark prices breach €70 for first time amid colder winter weather and consumption demand November 22, 2021 European carbon prices have sustained record levels, climbing above €70 per tonne for the first time since the European Union’s market was launched in 2005. Monday was the sixth consecutive day of European carbon allowances setting an all-time high. The European benchmark price soared to €70.43 yesterday, amid colder than expected weather and less wind [...]
Employers urged to stop asking jobseekers about their previous salary November 18, 2021 Employers are being urged to stop asking jobseekers about their previous salary amid concerns it is keeping women on lower wages and contributes to the gender pay gap. The Fawcett Society said asking about past salaries during recruitment was “pointless” because many people lied about what they previously earned. The campaign group warned that asking [...]
World’s largest brewer AB InBev upgrades earnings growth forecast after success in Brazil October 28, 2021 Budweiser maker AB InBev has upgraded its earnings growth forecast for 2021 after it reported a surprise jump in profit. An unexpected third-quarter profit increase came after the world’s largest brewer’s beer sales were boosted by Brazilian consumers. The Belgium-based brewer said on Thursday it anticipated EBITDA to grow between 10 per cent and 12 [...]
AB Inbev boss Carlos Brito to step down after 15 years at the helm May 6, 2021 AB Inbev chief executive Carlos Brito is stepping down after 15 years in the top job, marking the end of an era for the brewing giant. Brito, who has worked at the company for 32 years, is credited with transforming the company from a regional Brazilian brewery into the world’s largest beer maker. He will [...]
London-born Eastenders actor claims he is facing deportation to Jamaica May 6, 2021 A London-born actor has claimed he is facing deportation to Jamaica, just days after the Home Office opened visa pathways for winners of awards. After battles with the Home Office, Ace Ruele Aristotles’ Limited Leave to Remain was downgraded to temporary and must be renewed every 30 months, costing £2,389 each time. “Why should I [...]
World’s largest brewer AB InBev toasts better-than-expected lockdown sales February 25, 2021 Anheuser-Busch InBev, the world’s largest brewer, has reported a better-than-expected core profit in the final quarter of 2020 and said it expected earnings to be “meaningfully” better this year. The brewer behind major beer brands including Budweiser and Stella Artois saw revenue hike 4.5 per cent in the three months to December, marking a strong [...]