The UK’s official company register contracted at the close of 2024, marking the first recorded decline since Companies House began publishing statistics in 2012. There were 5,408,707 businesses listed on the register at the end of December—19,879 fewer than the previous quarter. Meanwhile, the so-called “effective register,” which excludes businesses in dissolution or liquidation, dropped […]
The government is to transform the way it funds and manages AI experiments and digital projects, hoping to cut wasteful spending, drive innovation, and provide more efficient public services as part of its Plan for Change. After a review highlighted that complex funding and approval processes can slow innovation and keep outdated technologies in place, […]
Spanish energy giant Iberdrola has urged Shadow Chancellor Rachel Reeves to reconsider her party’s plans to introduce regional electricity pricing, arguing it could jeopardise billions of pounds of investment in British wind farms. The proposal, championed by Ed Miliband, the Energy Secretary, would replace the national electricity price with a series of regional tariffs determined […]
Bernie Ecclestone has achieved a record-breaking sale with the disposal of his renowned fleet of historic grand prix and Formula One cars, believed to be worth around half a billion pounds. The 94-year-old former Formula One supremo, who amassed these vehicles over five decades, sold the entire 69-car collection to Mark Mateschitz, son of the […]
In a determined effort to retain Nissan’s manufacturing presence in Britain, Business Secretary Jonathan Reynolds has vowed to implement “substantial change” to the country’s electric vehicle (EV) sales targets. Speaking during a visit to Nissan’s sprawling headquarters on the outskirts of Tokyo, Mr Reynolds assured senior executives that the Government was prepared to revise the […]
The UK’s second-hand Tesla market has hit unprecedented levels, with 4,822 used vehicles listed in February alone, according to data from Auto Trader. This figure represents a 36 per cent increase from December and a 70 per cent jump on the same month in 2024, signalling mounting pressure on the electric car pioneer. Industry insiders […]
Breadcrumb Trail Links Electric Vehicles News Autos The rapid decline in Tesla’s shares has pushed them into what chart-followers call an oversold zone Author of the article: Bloomberg News Esha Dey Published Mar 07, 2025 • 2 minute read Any potential Tesla stock rally would also have to overcome investor unease over the company’s valuation: […]
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Walgreens Boots Alliance, owner of the Boots pharmacy chain since 2014, is set to be acquired by US private equity firm Sycamore Partners for $10 billion (£7.7 billion). Sycamore’s offer of $11.45 per share, which represents an 8 per cent premium on Walgreens’ most recent closing price, stands in stark contrast to the $85 per […]
Pizza Express, one of the UK’s best-known casual-dining brands, is poised to receive a £30 million lifeline from its shareholders, according to reports from Sky News. Bain Capital, the private equity firm, is believed to be spearheading the funding to ensure the business can refinance its £335 million bond due for repayment next year. The […]