British Business - January 7
These are the most popular stories in the British business pages. These stories have not been verified and we cannot vouch their accuracy.
The Times
Rachel Reeves will lead a ministerial delegation to the World Economic Forum in Davos, as the UK government attempts to attract international investors and reassure UK leaders of business.
Boaz Weinstein of New York's Saba Capital accused Katie Potts of producing "exceptionally low returns" in the last three years.
The Guardian
After a disappointing Christmas season, Britain's biggest retailers warn that they may be forced to eliminate thousands of jobs in the coming year.
The Telegraph
On New Year's Day, the French energy giant TotalEnergies closed a North Sea hub that was responsible for around 2% (or 2,000 barrels) of Britain's gas and oil supplies.
The Government is pushing ahead with plans to increase Britain's reliance on renewable energy. In 2024, wind accounted for 29 percent of Britain's electricty.
Sky News
ClearScore is set to announce Tuesday that it's acquired Aro Finance. This Manchester-based credit marketplace counts Argos, Asda and other partners among its partners.
According to KPMG and the British Retail Consortium, the three critical shopping months between October and December saw a 0.4% increase in retail sales.
(source: Reuters)
