Good Energy forms partnership with BMW
UK licensed electricity supplier Good Energy announced on Tuesday that it has entered into a partnership agreement with automobile manufacturer BMW to provide 100% green electricity to the households of…
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Npower sells Electricity Plus and Gas Plus subsidiaries to Telecom Plus for GBP218m
Competition in the UK domestic energy supply market is set to be enhanced according to UK energy company RWE npower, which announced on Wednesday that npower Limited is to sell…
New sponsorship deals help drive record first quarter revenues for Manchester United football club
UK Premier League football club Manchester United has declared a 63% rise in sponsorship revenue, which has helped the club to achieve record revenues of £98.5m for the first quarter…
Budget retailer Primark achieves 22% growth in sales in 2013
A rise in sales for budget clothing retailer Primark has boosted the profits of its owner Associated British Foods, the BBC reported today. Primark's revenue increased by 22%, to GBP4.27bn,…
HM Treasury announces publication of RBS Bad Bank Review
Banking and financial services company RBS Group is determined to become an asset, rather than a burden, to the UK economy, according to a statement released from HM Treasury, in…
HMRC introduces new regulations to curb tax avoidance on high value residential properties
HM Revenue and Customs (HMRC) announced today that new regulations have been established to ensure the disclosure of schemes designed and marketed to avoid paying the Annual Tax on Enveloped…
SSE blames rise in wholesale gas prices and low energy consumption for expected loss in first half of 2013
Perth-based electricity and gas company SSE, which operates mainly in the UK and Ireland, stated today that its retail arm is expected to report a loss on its adjusted profit…
Board of UK motor dealer HR Owen recommends offer from BPI to shareholders
UK franchised motor dealer HR Owen Plc (LON:HRO) said today that its board had recommended that shareholders should tender their shares in the increased GBP1.70 (USD2.69/EUR2.02) per share offer from…
GlaxoSmithKline to sell iconic UK brands Lucozade and Ribena
UK based GlaxoSmithKline plc (GSK), a research-based pharmaceutical and healthcare company, announced today that Suntory Beverage & Food Ltd (SBF), a Japanese consumer goods company has agreed to acquire Lucozade…
Scotland’s economy outperforming the rest of the UK
HM Treasury today released the fifth paper in its Scotland analysis series, revealing that as a result of being part of an integrated UK, Scotland is outperforming most other parts of…
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