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UK snack brand Graze to be sold to Jamie Laings Candy Kittens
Osmond ChiaBusiness reporter Getty Images Candy Kittens co-founders Jamie Laing and Edward Williams British TV personality Jamie Laing’s vegan sweets brand Candy Kittens is set to acquire snack company Graze in a deal between the former’s parent company and packaged goods giant Unilever. The upcoming deal with German firm Katjes International, Candy Kittens’ parent company,…
UK names Christian Turner as ambassador to US, replacing Peter Mandelson
Tom Bennett,Londonand Bernd Debusmann Jr,White House Reuters The UK has named career diplomat Christian Turner as its new ambassador to the US, Downing Street has confirmed. The previous ambassador, Peter Mandelson, was sacked by UK Prime Minister Sir Keir Starmer after evidence, including emails and photos, emerged showing his continued association with the paedophile Jeffery…
Supply too reliant on one asset, says South East Water boss
Fiona Irving,South East environment correspondentand Craig Buchan,South East BBC South East Water chief executive David Hinton has faced calls to resign over supply issues The boss of South East Water has said the company is too dependant on individual facilities after a six-day supply failure affected thousands of people in Kent. About 24,000 properties in…
Octopus Energy to spin off $8.65bn tech arm Kraken
Archie MitchellBusiness reporter Getty Images Octopus Energy is set to spin off its Kraken Technologies arm as a standalone company after a deal to sell a stake in the platform valued it at $8.65bn (£6.4bn). The energy giant, Britain’s biggest gas and electricity supplier, has sold a $1bn stake in the AI-based division to a…
Reeves urged to make Budget ‘bold’ or risk future tax rises
The chancellor should be “bold” in next month’s Budget or risk future spending cuts and tax rises, an influential think tank has said. The Institute for Fiscal Studies (IFS) is projecting Rachel Reeves will need to find £22bn to make up a shortfall in the government’s finances, and will “almost certainly” have to raise taxes….
Airlines pay out millions after initially rejecting claims
Laurie Watson Laurie Watson’s flight back from a sailing holiday was cancelled Airlines are paying out millions of pounds in compensation to passengers every year after initially saying no as consumer groups accuse firms of trying to put customers off making claims for severe delays or cancellations. Almost £11m was paid to passengers in the…
