£22bn Energy 'Privatisation Premium' Hits UK Households
Exclusive analysis reveals energy firms paid £22bn more to shareholders than rivals in Europe, creating a 'privatisation premium' directly funded by soaring UK household bills.
Exclusive analysis reveals energy firms paid £22bn more to shareholders than rivals in Europe, creating a 'privatisation premium' directly funded by soaring UK household bills.
Chinese online marketplace Temu more than doubled its UK revenues to £1.1bn and saw pre-tax profits skyrocket in its first full year of operation, new filings reveal. Discover the strategy behind its rapid conquest of the British retail market.
Marks & Spencer stages a remarkable financial comeback, with profits surging 58% as its bold 'Never the Same Again' transformation strategy delivers results. Discover how food and clothing sales are driving growth.
High street giant Primark reports a stellar 46% surge in annual profits, defying economic headwinds. Parent company ABF credits savvy buying and the powerful Oracle retail platform for its success, with NATO's stability bolstering European sales.
A damning new report exposes how major fossil fuel companies are reaping enormous profits while Europe bakes in record-breaking, climate-driven heatwaves, leading to thousands of preventable deaths.
Fashion giant Inditex, the parent company of Zara, posts a 7% surge in sales and a 13% jump in profits, defying inflation and demonstrating the resilience of its business model.
Primark's parent company, ABF, reports a significant surge in sales and profits, driven by post-pandemic demand and new store openings across Europe.
Oil giant Shell has unexpectedly shut down its hydrogen refuelling station initiative for heavy-duty vehicles at US ports, dealing a significant blow to the clean energy transition for freight transport.
Groundbreaking research from UCL exposes how Britain's notorious Victorian workhouses were directly financed by the brutal transatlantic slave trade, forcing a national reckoning with our colonial past.
Exclusive data reveals London's food inflation is significantly higher than the UK average, with major supermarkets facing accusations of profiteering. Discover which boroughs are hardest hit and why.
Exclusive: Turing Award winner and 'Godfather of AI' Geoffrey Hinton predicts a dystopian future where corporate AI profits lead to widespread joblessness and soaring inequality, urging for a radical rethinking of society.
Danish energy giant Ørsted faces catastrophic financial losses, cancelled projects, and massive job cuts as rising costs and supply chain issues cripple offshore wind ambitions.
A rare garden snail named Jeremy, with an extremely rare left-coiling shell, has been discovered in the UK. This genetic marvel offers scientists a unique opportunity to study rare mutations.
Energy giant Shell has abruptly cancelled construction of its flagship biofuels facility in Rotterdam, dealing a significant blow to European sustainable fuel ambitions and raising questions about the company's decarbonisation commitments.
Under Daniel Kretinsky's ownership, Royal Mail reports a dramatic profit surge to £348m, marking a stunning turnaround for the former state monopoly and silencing critics of the controversial acquisition.
Fenix International, the British firm behind OnlyFans, reports record profits as the platform's creator economy continues to thrive, with over 3 million content creators and 250 million users worldwide.
Supermarket giant Asda faces backlash after paying zero UK corporation tax despite £1 billion profits, while its private equity owners extract massive dividends. Labour's Rachel Reeves condemns the 'unfair system'.
UK banking stocks suffered a dramatic sell-off following reports that Rachel Reeves is considering a new windfall tax on lenders in the upcoming autumn budget. The proposal, aimed at funding national priorities, sent shockwaves through the financial secto
London's FTSE 100 index suffers significant losses as Rolls-Royce shares plummet 9% and Burberry issues profit warning, triggering widespread market anxiety.
A dramatic profit warning from Australian retail titans Woolworths and Coles triggers a historic stock market crash, wiping billions from their value and signalling a major shift in consumer spending.
Nine Entertainment reports a 4.4% profit dip to A$258.3m but signals a bold digital future with major AI investment and the strategic sale of its Domain stake, reshaping Australia's media landscape.
London's FTSE 100 experienced a dramatic session with Rolls-Royce and Ocado leading gains, while mining stocks faced sharp declines. Get the full market analysis and closing figures.
Iconic doughnut chain Krispy Kreme faces a sticky situation as rising costs and shifting consumer habits lead to a surprise sales slump, forcing franchise owners to adapt their strategy.
An in-depth analysis exploring why disruptive protests by groups like Just Stop Oil and Extinction Rebellion are backfiring, alienating the public, and failing to drive meaningful environmental policy change in Britain.
IWG CEO Mark Dixon remains defiant as the flexible office giant's shares hit a five-year low, dismissing the plunge as automated trading and reaffirming confidence in the company's long-term strategy and booming profits.
Bookmaker Ladbrokes reports a surge in profits driven by high-stakes betting on the Euros and England's Lionesses. Discover how major sporting events are boosting the gambling industry.
Telstra leverages AI and remote work to cut costs and increase profits, reshaping the future of corporate efficiency.
British energy firms Centrica and National Grid are poised to benefit from soaring gas prices in Europe, with analysts predicting significant profits amid the ongoing energy crisis.
National Grid and Centrica have struck a deal to ensure the UK's energy security by reopening a major gas storage facility, reducing reliance on European imports.
Experts reveal how unusual behaviours like shell blowing may indicate underlying sleep disorders, impacting health and daily life.