ayodhyago A British online crafts retailer which saw sales boom during COVID-19 lockdowns will this week strike a deal to sell itself to an American bidder. Sky News understands that Lovecrafts, which counts some of the UK’s best-known technology funds among its backers, is on the verge of agreeing a takeover by Missouri Star Quilt Company. … Read more
Carlyle, the American investment giant, has become the latest global fund to weigh an investment in Thames Water as the stricken utility races to avoid being nationalised. Sky News has learnt that Carlyle, which has roughly $435bn in assets under management, is at the very preliminary stages of assessing whether an investment in Thames Water … Read more
The final coal-fired power station left in the UK will be shut down later on Monday amid the transition to renewable energy. The closure of Uniper-owned Ratcliffe-on-Soar power station in Nottinghamshire will bring to an end a 142-year history of burning fossil fuel to produce electricity in the country. The UK was the first, in … Read more