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Full List Of Stories
26 May
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Sunak unveils £5bn windfall tax on energy firms

The Chancellor of the Exchequer has announced a £15bn package of measures intended to help households with the soaring cost of living, including a windfall tax on energy companies.

26 May
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JP Morgan reiterates positive stance on UK energy

JP Morgan has reiterated its positive stance on the UK energy sector, despite the likely imposition of windfall taxes.

26 May
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Musk pledges more equity funding for Twitter takeover

Elon Musk has pledged further equity funding for his $44bn offer for Twitter, after letting a $6. 25bn margin loan commitment lapse.

26 May
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Government to probe Altice's BT stake

Shares in BT Group fell on Thursday after the government announced it was reviewing Patrick Drahi's £3bn stake in the telecoms specialist on national security grounds.

26 May
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Treasury to unveil emergency aid to tackle soaring energy bills

The Chancellor Rishi Sunak is poised to unveil a £10bn package of emergency support to help households struggling with soaring energy bills, it was reported on Thursday.

26 May
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JD Sports boss quits with immediate effect

Shares in JD Sports Fashion came under pressure on Thursday after executive chair Peter Cowgill quit following a review of the retailer’s internal governance.

25 May
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German economy nudges higher as sentiment steadies

The German economy strengthened marginally in the first quarter, official data showed on Wednesday.

25 May
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Revenues rebound at Severn Trent

Severn Trent reported a jump in annual revenues on Wednesday, as consumption returned to pre-pandemic levels.

25 May
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Ocado cuts sales targets as cost of living crisis bites

Ocado Retail blamed the cost of living crisis on Wednesday as it cut annual sales targets, sending shares in the online retailer lower.

25 May
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Pets at Home profits beat expectations, shares jump

Pets at Home reported an above-forecast jump in annual profits on Wednesday, driven by strong demand across the pet care market.

25 May
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M&S warns on outlook as profits spark

Marks & Spencer reported a jump in annual earnings on Wednesday, boosted by a strong performance in food, but warned that growing headwinds could curtail profits in the current year.

24 May
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Retail sales hold steady but outlook weakens - CBI

Retailers expect sales to soften in June, a survey showed on Tuesday, as high inflation and the weakening economic outlook weigh on consumers.

24 May
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Energy price cap set to hit £2,800 in October - Ofgem chief

Energy bills are on course to rise by more than £800 in October, the head of Ofgem has warned politicians.

24 May
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KPMG fined £3.3m for Rolls-Royce audit failings

KPMG has been fined more than £3m by the accounting regulator over serious failures in its audit of Rolls-Royce.

24 May
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Grocery inflation hits 13-year high

Grocery inflation hit its highest level in 13 years in May, industry research showed on Tuesday, as the cost of living crisis continued to mount.

24 May
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Shares tumble as Treasury mulls windfall tax on electricity generators

Shares in electricity generators tumbled on Tuesday after it emerged that chancellor Rishi Sunak was considering imposing a windfall tax on excess profits.

23 May
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Broadcom and VMware in takeover talks - reports

Chipmaker Broadcom is in talks to acquire fellow US technology firm VMware, it was reported on Monday.

23 May
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JPMorgan boosts 2022 earnings forecast

JPMorgan Chase boosted its 2022 profit guidance on Monday, on expectations it will benefit from higher interest rates.

23 May
THG founder would back £3bn takeover bid - report

Matt Moulding, the billionaire co-founder of THG, would be prepared to take his online beauty company private for £3bn, according to media reports.

23 May
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Gazprom Energy mulling name change - report

Gazprom Energy is considering rebranding, it was reported on Monday, as it looks to distance itself from its state-owned parent.