Thames Water Proposes 56% Bill Hike Amid Financial Crisis
<?xml encoding="utf-8" ?????????>Thames Water, facing a deepening financial crisis compounded by shareholder disinvestment, has submitted a revised business plan to the regulator, proposing an unprecedented 56% increase in customer bills over the next five years.The drastic measure comes amid heightened
Bernard Arnault Expands Family Influence at LVMH as Two More Children Join Board
<?xml encoding="utf-8" ?????????>In a strategic move to solidify family control over the LVMH luxury conglomerate, Bernard Arnault, the world’s wealthiest individual, has elevated two more of his children to the company’s board of directors.Alexandre and Frédéric Arnault, aged 31 and
UK Firms Set to Invest £338 Billion in Re-Industrialization Over Next Three Years, Research Reveals
<?xml encoding="utf-8" ?????????>In a bid to fortify supply chains and rejuvenate domestic manufacturing, UK firms are poised to inject a staggering £338 billion into re-industrialization initiatives over the next three years.Research conducted by professional services firm Capgemini reveals a substantial
Hipgnosis Music Investor Agrees to £1.1bn Takeover by Concord Chorus
<?xml encoding="utf-8" ?????????>Hipgnosis, the renowned British music royalties investment fund boasting rights to hit songs by artists ranging from Beyoncé to Neil Young, has greenlit a $1.4bn takeover bid by Concord Chorus, a rival specializing in music and theatrical rights.The
FundOnion targets £1 billion funding goal in bid to close business finance gap
<?xml encoding="utf-8" ?????????>AI-driven business finance comparison site, FundOnion, has announced plans to facilitate over £1 billion in funding to help up to 25,000 SMEs grow over the next four years.The plans come as the small business finance platform continues to
Can a business be both purpose-driven and profitable?
<?xml encoding="utf-8" ?????????>The phrase ‘purpose-driven’ is thrown around in business parlance, but what does it mean and can it go hand-in-hand with growth and profitability?The two may sound mutually exclusive, with ‘profit’ in moral conflict with ‘purpose’. But they can,
UK Rental Market Records Record 9.2% Price Surge, Expected to Cool Down Soon
<?xml encoding="utf-8" ?????????>The UK’s rental market has witnessed an unprecedented surge in prices, with rents rising by a record 9.2% over the past 12 months, according to data from the Office for National Statistics (ONS).While this marks the highest annual