Published on: 01/02/2023 – 00:12 Due to exploding costs, 60% of Britons have to curtail their heating and one in five can’t even turn it on. So “heat banks” are popping up all over the country: public places open to anyone to come and warm up. Visit one of them in Birmingham, the city hardest … Read more
Polymer notes will be produced on a large scale from the first half of 2023, before entering circulation the following year. The first banknotes with the image of Charles III, who became king after the death of his mother Queen Elizabeth II on September 8, which will enter circulation in mid-2024 in Great Britain, were … Read more
Diot-Siaci, the French leader in insurance broking, is reviewing its management and appointing Cédric Charpentier, currently director of risk for France and international, to its general management. He takes office on 1 January and replaces Christian Burrus, who becomes co-chairman of the group together with Pierre Donnersberg. “This appointment is another important step in the … Read more
The French group TotalEnergies has announced that it will cut its planned investments in the British North Sea by a quarter next year, after London increased an extraordinary tax on the energy giants’ record profits. Total Energy “assesses the impact on its current and planned projects” of one “new changes in the tax environmentin the … Read more
Banking giant HSBC wants to close 114 UK branches from April, around a quarter of its branches in the country, with around 100 jobs at risk. According to the PA agency on Wednesday, the bank justifies itself by stating that it has suffered a decrease in the frequency of these agencies in the past five … Read more
The United Kingdom has sent a helicopter to Ukraine for the first time to support the country invaded by Russia and plans to procure two more, the British Ministry of Defense said on Wednesday. As he traveled to Norway to discuss military support for Ukraine with his allies, Defense Secretary Ben Wallace also indicated that … Read more
The price of regulated energy for an average family will rise in Britain to almost £4,300 a year from around £3,500 currently, UK sector regulator Ofgem said in a statement on Thursday. The British government, which has decided to cap the price consumers pay until April at £2,500, will therefore pay the difference to the … Read more
The French energy company Engie announced on Thursday that it had entered into a contract with the American giant Google to purchase 100 MW of electricity for 12 years in the UK from the Moray West offshore wind project, off the coast of Scotland. Total, “Engie will supply Google with more than 5 TWh of … Read more
The United Kingdom isin full stagflation“, according to the director-general of the CBI, the main employers’ organization in the country, which opens its annual conference in Birmingham on Monday. “We are gathered again in extraordinary times. Britain is in the midst of stagflation – hit by runaway inflation and negative growth“, Tony Danker declared on … Read more
The Allwyn company, controlled by the Czech conglomerate KKCG, announced on Saturday that it had completed the purchase of British Camelot, which had managed the national lottery for its nearly thirty years of existence. “The acquisition is expected to close in the first quarter of 2023, subject to regulatory approvals, including from the Betting CommissionAllwyn … Read more
