Category: Uncategorized
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Octopus Energy Generation to invest $1bn in California clean tech
Octopus Energy Generation is investing nearly $1bn in Californian clean technology projects, deepening its exposure to the US energy transition and accelerating plans to deploy $2bn across the country by 2030. The funding, channelled through Octopus-managed funds, spans carbon removal, heat battery technology and solar-plus-storage infrastructure, reinforcing the company’s strategy of backing next-generation decarbonisation assets…
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NATO Innovation Fund backs SatVu with £30m investment to scale thermal intelligence
UK space technology firm SatVu has secured £30m ($40m) in fresh funding, including a strategic investment from the NATO Innovation Fund, as it accelerates plans to deploy a multi-satellite thermal imaging constellation. The round brings SatVu’s total equity funding to £60m ($80m) and marks a shift from single-satellite demonstration to scaled execution of its space-based…
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Why customer service is integral to business success
Providing excellent customer service is often essential for a business to succeed. Even with a strong product and competitive pricing, a business can struggle if its customer service doesn’t meet expectations. Negative experiences, such as delayed email responses, short-tempered shop workers, or frustrating returns processes, can put customers off. In some cases, a single negative…
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Workers’ rights reforms prompt a third of employers to curb hiring
More than a third of UK employers are planning to scale back permanent hiring as a result of the government’s new workers’ rights reforms, according to a survey by the Chartered Institute of Personnel and Development (CIPD). The poll of 2,000 businesses found that 37 per cent intend to reduce recruitment of new permanent staff…
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UK Expat Tax Checklist: 10 Steps to Sort Your Tax Before Moving Abroad
Moving abroad is exciting, but leaving the UK without sorting your tax affairs can lead to overpaid tax, missed refunds, and unwanted penalties from HMRC. Many people focus on flights, visas, and packing but forget about their UK tax obligations until it is too late. By then, they have closed their bank account, lost their…
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Tax-Efficient Ways to Save for Your Child’s Future
Setting money aside for your child is one of the most effective ways to secure their financial future, whether for university fees, a first home deposit, or other significant life events. There are several ways to save, but choosing a tax-efficient method ensures more of your money goes towards their goals. For many parents, investing…
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Gender pay gap won’t close until 2056 at current pace, warns TUC
The UK’s gender pay gap will not close for another three decades if progress continues at its current rate, according to the Trades Union Congress (TUC). Analysis of official earnings data by the union body shows that the average disparity between men’s and women’s pay stands at 12.8%, equivalent to £2,548 a year. At that…
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Andrew’s time as trade envoy should be investigated, says Vince Cable
Former business secretary Sir Vince Cable has called for a police and government investigation into the conduct of Andrew Mountbatten-Windsor during his tenure as the UK’s trade envoy, following the release of US justice department files that appear to show he shared official and commercial information with the convicted sex offender Jeffrey Epstein. The newly…
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BrewDog put up for sale as advisers explore break-up options
BrewDog has been put up for sale after the Scottish craft beer group appointed restructuring specialists to explore fresh investment and strategic options. The Aberdeenshire-founded brewer has hired AlixPartners to oversee a structured process that could result in new investors coming on board or parts of the business being sold off. Founded in 2007 by…