SSE to sell £635m stake in two Scottish wind farms,Energy firm SSE Greencoat UK Wind in partnership with a pension fund, are to purchase a 49.9% holding in Stronelairg and Dunmglass wind farms, in a deal worth £635m Energy…
Massive cyber attack on 1.5m patients in Singapore,There has been a “deliberate, targeted and well-planned” cyber attack on Singapore’s government health database, whereby personal information of about 1.5m people, including that of Prime Minister Lee Hsien Loong,…
EE pauses sale of Huawei 5G smartphones,EE has chosen to “pause” the sale of Huawei’s latest 5G smartphones over the ongoing tensions between the US and the Chinese tech firm. Marc Allera, chief executive said EE…
Labour Party hit by a ‘sophisticated’ cyber attack,The Labour Party has been hit by a “sophisticated and large-scale cyber-attack” on its digital platforms. A spokeswoman said the cyber-attack “failed” due to their “robust security systems” and the…
Ovo Energy fined £8.9m for overcharging customers,Ovo Energy are to pay a voluntary redress of £8.9m to Ofgem after it was found some customers were overcharged and given inaccurate information. Between July 2015 and February 2018,…
Markets await Federal Reserve meeting,Traders have been watching US economic data releases during the last few days in anticipation of the Federal Reserve meeting and its interest rate decision later today and could remain…
Grocery inflation slowed in January,Explore the impact of supermarket promotions on grocery inflation in the UK. Learn how lower prices have benefited British consumers in January.
Oil prices to face ‘extreme volatility’, says BP chief,BP’s chief executive told media that oil prices could face “extreme volatility” when US sanctions against Iran come into force next month. Benchmark Brent crude was down 40 cents a…
Superdry shares plummet to an all time low after profits warning,Superdry has issued a profit warning causing shares to plummet to an all time low following a tough retail market due to abnormally warmer weather this autumn. Shares plummeted to…
UK energy provider Ovo acquires collapsed rival Spark’s customers,Ofgem has appointed Ovo Energy to take on Spark Energy Supply Ltd’s 290,000 domestic customers. This follows a competitive process run by Ofgem to get the best deal possible for…
