“The reality is most of the companies, if not all of them that have sadly failed, have done so because they were selling long-term energy contracts but buying short-term energy, and so when the wholesale cost rose, they weren’t able to deliver on the prices they promised or even on the price cap,” said Mr Jackson.
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The insect farmers turning to AI to help lower costs
admin, , Business, 0
Some 5,000 miles away in Lithuania, insect farm software provider Cogastro is also working on an AI-based system. It...
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Bank of England plans expansion of Leeds base
admin, , Business, 0
The Bank of England has announced an expansion of its Leeds office – with one in 10 staff set...
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Covid-19 left me jobless – but what happened next?
admin, , Business, 0
Image copyright Katherine Densham Image caption Katherine Densham has struggled to find work that matches her previous wage Back...
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‘I was refused a home Covid test after credit check’
admin, , Business, 0
“We really couldn’t understand why we weren’t able to have our identities verified, ” says Laura McCormack about the...
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Data at the center of business
admin, , Business, TOP STORIES, 0
Mark: That’s a great question. And first, I would say across JPMorgan Chase, we do view this as an...
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M&S to close 30 more shops as Ocado deal pays off
admin, , Business, 0
Food sales were up 7%, clothing sales down by one third, with sales in High Street and city centre...
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121 business chiefs sign letter backing Labour
admin, , Business, 0
Dozens of business leaders have signed a letter endorsing the Labour Party’s economic plans ahead of the 4 July...
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Elon Musk lines up $7bn backing for Twitter deal
admin, , Business, 0
Qatar Holding, a sovereign wealth fund, is contributing $375m, while Saudi Arabian investor Prince Alwaleed bin Talal, who had...
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