Category: Business

Rishi Sunak’s windfall tax on oil and gas profits is set to break records, showering the UK government with more revenues from the North Sea than at any time since … Read More

BUY: Severn Trent (SVT) An inflation-pegged dividend and regulatory solidity mean water utility is still in a good position, writes Alex Hamer. As the market swings away from high-growth shares, … Read More

Gas producers were already trading strongly when Energean announced a new sales agreement and discovery this month, sending its shares even higher. At the same time, forecasts for elevated gas … Read More

Governments across the world that have placed a cost on carbon emissions raised $84bn collectively in 2021, but the World Bank has warned that this is “far from adequate” in … Read More

EY is hatching a pioneering split of its audit and advisory operations. It is a U-turn but a welcome one that — if it materialises — may set a template … Read More

It would be easy to assume that Klarna chief executive Sebastian Siemiatkowski is feeling downbeat after the company’s first large-scale job cuts, reports of a big fall in its valuation … Read More

This article is an on-site version of The Lex Newsletter. Sign up here to get the complete newsletter sent straight to your inbox every Wednesday and Friday Dear reader, Contrarianism … Read More

Francesco Gaetano Caltagirone, the construction tycoon who backed an unsuccessful campaign to unseat the management team at Italy’s Generali, has stepped down from its board a month after his re-election … Read More

The gloomy global elite strolling the Promenade in Davos this week could cheer themselves up by stopping off for free ice cream courtesy of Saudi Arabia’s Crown Prince Mohammed bin … Read More

Good morning. A nice little micro-rally in stocks yesterday, as good results from Dollar Tree, Dollar General, and Macy’s suggested that not every retailer was going to fall into the … Read More