VodafoneThree, the newly merged telecoms giant formed from Vodafone UK and Three, has unveiled plans to invest £11 billion in a nationwide rollout of standalone 5G and ultra-fast broadband, with the aim of reaching 99.95% of the UK population by 2034. The company, now the largest mobile operator in Britain, said the investment will provide […]
Pod Point, one of the UK’s early pioneers in electric vehicle charging, has been acquired by French energy giant EDF for just £10.3 million, marking a dramatic fall from its £352 million valuation when it floated on the London Stock Exchange in 2021. The deal, announced alongside full-year results, sees EDF offer 6.5p per share, […]
PPE Medpro, the company linked to Conservative peer Michelle Mone, has launched a robust defence in its £122 million High Court battle with the Department of Health and Social Care (DHSC), accusing the government of “buyer’s remorse” and “chaotic mismanagement” during the early stages of the Covid-19 pandemic. In its opening submissions, PPE Medpro claims […]
The government will have to significantly raise taxes to cover the sweeping increases in public spending announced in today’s Spending Review, according to leading audit, tax and business advisory firm Blick Rothenberg. Robert Salter, a director at the firm, warned that headline commitments such as the £11 billion annual uplift in the defence budget would […]
A high-stakes legal battle begins at the High Court today as the UK government seeks to recover £122 million from PPE Medpro, a company awarded Covid-era contracts following a recommendation from Conservative peer Michelle Mone. The Department of Health and Social Care (DHSC) is suing PPE Medpro for the return of funds paid for 25 […]
The UK government has committed £14.2 billion to the Sizewell C nuclear power plant on the Suffolk coast, part of a long-term strategy to boost energy security and cut household bills — though the benefits won’t materialise until well into the next decade. Prime Minister Sir Keir Starmer described the development as a crucial move […]
Three inspirational disabled entrepreneurs have been awarded a combined £300,000 by easyJet founder Sir Stelios Haji-Ioannou in the 17th annual Stelios Awards for Disabled Entrepreneurs, celebrating innovation, resilience and impact across the UK business community. The top prize of £150,000 went to Umbreen David, founder of Hoama Group Ltd and owner of Iden Manor Nursing […]
Marks & Spencer has reopened its website for online orders, nearly two months after a significant cyberattack brought its e-commerce operations to a standstill. In a statement, the retailer confirmed that a selection of its bestselling fashion ranges is now available for home delivery across England, Scotland and Wales. Deliveries to Northern Ireland are expected […]
The UK labour market suffered its sharpest decline in payroll employment since the height of the Covid-19 pandemic, according to the latest official data, with wage growth cooling and job vacancies continuing to fall. Figures from HM Revenue & Customs revealed that the number of payroll employees fell by just over 109,000 in May — […]
Sir Keir Starmer has unveiled a £1 billion investment package aimed at scaling up the UK’s computing power twentyfold, in a major push to solidify Britain’s status as a global technology and artificial intelligence leader. Opening London Tech Week this morning, the prime minister said the investment would form part of the government’s long-term ambition […]