New National Wealth Fund to unveil £1bn
Britain’s new National Wealth Fund has struck a £1bn deal with two of Britain’s biggest high street lenders to retrofit thousands of homes to upgrade their energy-efficiency.
PizzaExpress prepares to serve up new slice
The parent company of PizzaExpress is hiring bankers to help it refinance a £335m bond ahead of its maturity, amid tough trading conditions for casual dining operators.
Energy services group Hometree lands £50m from
A residential energy services provider backed by leading City investors has secured a £50m funding boost from one of the world’s biggest pension funds.
Why a dark cloud still looms over
A larger-than-anticipated fall in inflation last month to 1.7% is the latest gust of economic data to suggest the prevailing economic wind is favourable.
UK inflation drops to 1.7% – well
UK inflation has eased to 1.7%, dipping well below the Bank of England target for the first time since 2021.
Trio in battle to buy stake in
A trio of buyout firms have been shortlisted to buy a stake in the UK operations of Grant Thornton, one of Britain’s six biggest accountancy firms.
CBI in talks to sub-let parts of
The CBI, the struggling business lobbying group, is in talks to sub-let parts of its vast London headquarters as it continues to seek cost-cutting opportunities in the wake of last year’s near-collapse.
Ofwat to name LEK Consulting as Thames
Scrutiny of Thames Water, the crisis-hit utility, will intensify this week when the industry regulator appoints LEK Consulting as an independent monitor of the company.
Bank of England currency printer De La
An American predator is close to sealing a £300m swoop on a division of De La Rue, the Bank of England’s banknote printer, in a move that will herald a break-up of the historic company.
CEOs praise Labour’s plans after investment summit
This International Investment Summit has been circled in the new government’s diary from the day it took office as a key opportunity to set out its claim to be a new kind of centre-left administration.
