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August Graham

(Ovo Energy/PA)
Business News

Ovo Energy set to bid for Shell’s 1.4 million domestic customers

The deal would cement Ovo’s position as one of the UK’s biggest energy suppliers.
Mar 29, 2023
Business News

British Gas moves forward prepayment charges change to save households about £15

The supplier, which has 1.2 million prepayment customers, will implement a Government mandate three months early.
Mar 29, 2023
Business News

Spike in economic inactivity was unexpected after the pandemic – Bailey

The Bank of England governor said experts had tipped a jump in unemployment as furlough ended in September 2021.
Mar 27, 2023
UK

Full list of Barclays branches set for closure

The branches are closing at sites in England and Wales.
Mar 27, 2023
Business News

Barclays announces 14 more branch closures, bringing total to 58 this year

Banks have been closing branches for years as more and more people choose to do their banking online, reducing the need for physical banks.
Mar 27, 2023
Business News

Businesses ‘face £300m-per-year bill under new Government proposals’

New proposals would leave companies with extra paperwork to filll out.
Mar 27, 2023
Business News

Market jitters return as cost of insuring against Deutsche Bank collapse soars

Shares in the German banking giant dropped by around 14% on Friday morning.
Mar 24, 2023
Politics

Private sector growth slows in March as manufacturers drag

February’s PMI score broke a six-month losing streak.
Mar 24, 2023
Business News

Retailers see strong month as customers pick home meals over restaurants

Some discount shops also recorded strong volume growth in February, the Office for National Statistics said.
Mar 24, 2023
Politics

Why did the Bank of England raise interest rates and what will it mean for me?

Interest rates were lifted to 4.25% from 4% on Thursday.
Mar 23, 2023
Business News

What is Sizewell C and how will it be paid for?

The proposed facility would be constructed just to the north of the existing Sizewell B plant in Suffolk, with an estimated cost of £20 billion

Mar 23, 2023
Business News

Crest Nicholson sees recovery in house sales, but warns some buyers need support

Sales rates have increased since the start of this year, Crest told shareholders on Thursday.
Mar 23, 2023
Business News

Boss of British Gas owner sees pay increase fivefold to £4.5m

Chris O’Shea’s remuneration package rose significantly last year, partly because he had waived his right to a bonus the year before

Mar 22, 2023
Business News

Vistry sees profit dip as it sets aside cash for post-Grenfell safety upgrades

The company said it had identified more than 300 of its buildings that needed fixing.
Mar 22, 2023
Tech

Amazon raises minimum starting pay for thousands of workers by 50p to £11

The online giant employs more than 50,000 people across the UK.
Mar 22, 2023
Environment

Billions could be saved by building a flexible electricity system, MPs told

Rachel Fletcher from energy supplier Octopus appeared before MPs on the Business, Energy and Industrial Strategy Committee.
Mar 21, 2023
Business News

Kingfisher sees profits slump despite customers spending £1.4bn to save energy

The company behind Screwfix and B&Q; said around 11% of sales came from energy and water-saving measures as bills soared.
Mar 21, 2023
Business News

Bank shares slide as Credit Suisse rescue takeover shakes traders

The FTSE 100 dropped by almost 2% to its lowest since November on Monday but recovered back to positive territory during a choppy session.
Mar 20, 2023
Business News

FTSE drops after Credit Suisse rescue deal fails to calm markets

Shares in London’s top banks fell by as much as 7% on Monday morning.
Mar 20, 2023
Business News

FTSE set to fall after UBS agrees rescue for Credit Suisse

The Credit Suisse deal was announced on Sunday evening, as UBS agreed to pay around £2.7 billion for its former rival.
Mar 20, 2023
Business News

London markets lose earlier gains as jitters return to banking sector

When markets closed, earlier gains had been reversed and London’s top index had shed nearly 75 points, or 1%.
Mar 17, 2023