Getty Images Energy bills are increasing for millions of households in England, Scotland, and Wales. as the new year begins, after Ofgem raised its price cap slightly. Prices for those on variable tariffs are rising by 0.2% from now, the equivalent of a £3 annual increase for a household using a typical amount of gas…
The Indian rupee is set to face sharp and persistent volatility through 2026 as capital outflows, Tariff-related trade disruptions and weak foreign investment flows continue to outweigh the country’s strong macroeconomic fundamentals, analysts and official data indicate, PTI reported. Despite steady growth and moderate inflation at home, the currency is unlikely to find a durable…
The UK’s flagship stock index has had its best year since 2009 after a series of record-breaking days. The Financial Times Stock Exchange (FTSE) 100 ended the year up 21.5% compared to the start. It means the share price of the publicly traded companies making up the FTSE 100 had the greatest annual increase in…
Getty Images Typical household energy costs will increase slightly on Thursday when the new energy price cap takes effect. Separately, the regulator Ofgem has said customer bills will rise by around £30 a year over the next six years to help fund a major investment in the UK’s energy network. However, that announcement followed an…
Octopus Energy Group is on the brink of selling a big stake in its software arm, Kraken Technologies, at a valuation that will cement its status as one of Britain’s biggest private companies. Sky News has learnt that Octopus Energy has lined up a syndicate of investors to buy Kraken between 10% and 20%. Sources…
Pothole compensation claims made to councils in Britain rose by 90% between 2021 and 2024, according to analysis by the RAC motoring group. The study also revealed that only 25% of motorists’ 2024 claims led to payouts. However, the RAC noted that the number of claims fell in 2024 compared with the year before. The…
NEW DELHI: With India Inc. facing higher liability due to the labour codes, Industry bodies have sought clarifications from the government on various issues, while the Institute of Chartered Accountants of India (ICAI) has suggested that companies provide for increased gratuity and some of the other payments in the accounts for the Dec quarter itself….
