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Latest News:

  • Barclays faces complaint over alleged anti-Semitism at Leicester branch
  • Online shopping at work not a sackable offence, tribunal rules
  • Labour weighs human rights reform as Mahmood shifts right on migration to counter Reform UK
  • M&S calls on ministers to rethink farm inheritance tax reforms amid rural backlash
  • UK e-motorbike maker Maeving secures £8m to fuel growth and overseas expansion
  • Peter Kyle sets sights on UK’s first $1trn company in ‘ambitious’ growth pledge as he replaces Jonathan Reynolds as business minister
  • Tesla proposes $1 trillion pay package for Elon Musk, the largest in corporate history
  • Angela Rayner resigns as deputy prime minister after report into tax affairs
  • Companies cut jobs at fastest pace in four years after Reeves’s £25bn payroll tax raid
  • Kevin Maxwell faces bankruptcy threat over £600,000 Fortress Capital ‘Ponzi scheme’ loan

Category: utilities

Energy savings

Business Energy Claims recovers £25,000 for UK chocolatier

10 May 202110 May 2021 utilities Business Matters 0 Comments

An energy broker has been forced to repay over £25,000 to a chocolatier after a significant amount of undisclosed fees were discovered in its contracts.

Energy saving

Manufacturing company recovers thousands from mis-sold energy contracts

6 May 20217 May 2021 utilities Business Matters 0 Comments

A manufacturing firm has joined the growing list of businesses to recover thousands of pounds from its energy broker as a result of mis-selling.

Bills

3 ways you can reduce the cost of your business bills

13 July 20203 April 2022 Business, utilities Business Matters 0 Comments

For any business to be successful, it’s vital to manage costs effectively.

electric meter

A small business owners guide to comparing business electricity

13 April 202013 April 2020 utilities Business Matters 0 Comments

Business managers and owners have to find solutions for the many challenges they face on a day to day basis.

Christmas Rubbish

Commercial Waste: Dispose of winter worries of Christmas bin collections

13 November 201920 September 2023 utilities Business Matters 0 Comments

The festive season is approaching. For smart businesses, this means giving some thought to business waste and other fundamental services.

bills

Winter is coming: Don’t let your bills take the heat

17 October 2019 utilities Business Matters 0 Comments

Winter is coming. That means the days are shorter and the mercury is dropping – and keeping your business running as smoothly as possible during winter has some inevitable cost implications for your business.

green business

The grass is greener: The benefits of sustainability for SMEs

16 September 2019 utilities Business Matters 1 Comment

Many start-ups and SMEs operate within the misapprehension that green practices are reserved for big corporates – and it’s costing them.

bitcoin business

Powering profits: energy best practice for the crypto-community

30 August 201930 August 2019 utilities Business Matters 1 Comment

It is widely known within the crypto-community that cryptocurrency mining is an energy-intensive business.

plastic bottles

The last straw: how businesses should think about plastic

23 July 2019 utilities Business Matters 0 Comments

It’s tough to be plastic these days – and rightfully so. It would seem the days of thoughtless consumerism around plastic is over, with a keen focus on changed attitudes as awareness grows.

food waste

What to do with food waste: tips for businesses

9 July 20199 July 2019 utilities Business Matters 0 Comments

One of the ways to develop a sustainable outlook to business is to think about what happens to your business waste.

credit card

Merchant services: the cost of getting paid

20 June 201920 June 2019 utilities Business Matters 1 Comment

Taking payment for products or services is central to every business’s operations, but cash isn’t king like it was in the past.

rubbish bags

Why your business needs a waste management plan

23 May 201925 May 2019 utilities Business Matters 0 Comments

Many businesses regard their waste management as an unavoidable operational cost and that is their final thought on the matter.

renewable energy

Energy management systems and their value to your business

8 May 2019 utilities Business Matters 1 Comment

When it comes to your business energy strategy, procurement is the first step. Defining effective monitoring and management systems within your business stands to have a long-term effect – and this can, in turn, affect your bottom line.

energy bills

Why every business should use a TPI for their energy

30 April 201930 April 2019 In Business, utilities Business Matters 0 Comments

With the rising price of energy, few businesses in Britain can ignore strategising around this essential cost.

spark energy

Thousands switch energy firms after price cap rise

18 April 2019 News, utilities Business Matters 0 Comments

Energy switching levels have risen by 12 per cent this year, allaying concerns that the government’s price cap would stifle competition.

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Latest Content

Barclays has reported a 19 per cent rise in first-quarter profits, as market turmoil driven by Donald Trump’s return to the White House boosted trading revenues across its investment banking arm. The FTSE 100 lender posted pre-tax profits of £2.7 billion for the three months to the end of March, beating City forecasts of £2.5 billion. The performance was powered by a surge in revenues from Barclays’ markets division, which capitalised on investor reaction to sweeping policy changes by the Trump administration. Revenues in the markets business climbed 16 per cent year-on-year to nearly £2.7 billion, driven by a 21 per cent increase in fixed income, currencies and commodities trading, and a 9 per cent rise in equities. Activity soared as traders helped clients rapidly rebalance portfolios in response to new US trade and economic measures. The gains offset a rise in loan loss provisions across the group, which increased to £643 million from £513 million a year earlier. Barclays said this included a £74 million charge for “elevated US macroeconomic uncertainty”, reflecting the potential impact of Trump’s newly imposed global tariffs. The results mark a win for chief executive CS Venkatakrishnan, known as Venkat, who unveiled a three-year transformation plan in early 2023 to revive shareholder confidence and reposition the bank. His strategy includes rebalancing Barclays away from its historically volatile investment banking arm and bolstering its UK consumer and corporate businesses, alongside a commitment to return £10 billion to shareholders by the end of 2026. Investment banking fees also saw a strong uplift, rising 16 per cent to £1.2 billion from advising on takeovers, capital raises, and debt issuance. Despite the market gains, challenges remain for Barclays as it navigates a shifting global landscape. Trump’s new trade tariffs, including heavy levies on Chinese goods, pose risks to the global economy and could threaten growth in the UK and US — key markets for the bank. Venkat acknowledged the uncertain backdrop but struck an optimistic tone: “Our high quality, diversified businesses, together with proactive risk, capital and liquidity management and a robust balance sheet, position us well to support our customers and clients and deliver strong risk-adjusted returns in a wide range of macroeconomic scenarios.” Barclays shares have performed strongly since Venkat’s turnaround plan was announced last year, but ongoing geopolitical and economic volatility may test the resilience of his strategy in the months ahead.

Barclays faces complaint over alleged anti-Semitism at Leicester branch

Barclays Bank has received a formal complaint from journalist Martin Blackham alleging anti-Semitism at its Leicester branch after his account was frozen, prompting calls for an urgent investigation.

Online shopping at work not a sackable offence, tribunal rules

Labour weighs human rights reform as Mahmood shifts right on migration to counter Reform UK

M&S calls on ministers to rethink farm inheritance tax reforms amid rural backlash

Jaguar Land Rover cyberattack to take ‘weeks not days’ to fix as West Midlands suppliers hit

UK e-motorbike maker Maeving secures £8m to fuel growth and overseas expansion

Peter Kyle sets sights on UK’s first $1trn company in ‘ambitious’ growth pledge as he replaces Jonathan Reynolds as business minister

Tesla proposes $1 trillion pay package for Elon Musk, the largest in corporate history

Utilities

Energy savings

Business Energy Claims recovers £25,000 for UK chocolatier

Energy saving

Manufacturing company recovers thousands from mis-sold energy contracts

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