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Ken Griffin’s Citadel made $16bn profit for investors last year, the biggest dollar gain by a hedge fund in historyÂand a haul that establishes hisÂcompany as the most successfulÂof all time. Financial Times: Citadel, which manages $54bn…
National Grid scheme launches on Monday between 5pm and 6pm – we look at whether it’s worth itHouseholds and businesses in Great Britain will be paid to cut back on their electricity use between 5pm and 6pm on Monday, in the first real test of a Nation…
Ofgem could look to take legal action if companies are not taking proper care of vulnerable householdsEnergy companies are to be investigated by the regulator Ofgem after the number of households struggling with their bills being forced on to prepaymen…
CNN remembers how in 2016 Ruja Ignatova “touted her company, OneCoin, as a lucrative rival to Bitcoin in the growing cryptocurrency market.” As OneCoin’s co-founder, Ignatova told one audience in 2016 that “In two years, nobody will speak about Bitcoin…
Exclusive: small business and hospitality groups urge rethink to let firms renegotiate fairer contracts and stave off closureGroups representing more than 100,000 UK firms have accused ministers of taking a “scattergun” approach to supporting businesse…
People with severe disabilities and chronic conditions struggling in cost of living crisis, research showsSoaring energy bills are forcing people with severe disabilities and chronic health conditions to choose in extreme cases between “eating or breat…
Grant Shapps tells firms to stop pushing consumers on to pre-paid tariffs amid threat to ‘name and shame’ worst offendersThe business secretary has urged energy suppliers to stop forcibly switching households struggling with energy bills to prepayment …
Residents of Hathersage Court in Islington concerned they would be cut off from energy supplies this winterA council in London has halted the forced installation of prepayment meters after outrage from residents concerned they would be cut off from ene…
Full list of site closures, which will start in April and carry on through into June this yearLloyds and Halifax have become the latest high street banks to announce more branch closures, affecting 40 sites, adding to an industry tally of more than 200…
Bank of England survey shows lenders expect steep rise in borrowers failing to make monthly repaymentsBritain’s mortgage lenders fear a rise in the number of homeowners handing back their keys as the cost of living crisis forces more people to default …