(IN BRIEF) At the Farnborough International Airshow 2024, Oerlikon and MTU Aero Engines announced the next phase of their collaboration to create a cutting-edge thermal spray factory. The initiative aims for 100% digital traceability, real-time monitoring through digital twins, and … Read the full press release
Posted in Aviation & Aerospace, Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Farnborough International Airshow 2024, Germany, Markus Zeis, MTU Aero Engines, Oerlikon, partnership, smart factory, sustainability, Switzerland, Toby Middlemiss, UK
(IN BRIEF) Schroders Greencoat has acquired a UK-based solar portfolio from METLEN Energy & Metals, strengthening its position as the largest manager of ground mount solar farms in the UK, with a total capacity of 1.9 GWp. The portfolio includes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Greece, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged acquisition, Greece, Lee Moscovitch, METLEN Energy & Metals, partnership, Schroders, Schroders Greencoat, solar energy, sustainability, UK
(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has received an additional GBP 50 million from HS2 Ltd for phase one of the UK’s high-speed railway project. This brings the total contract value to GBP 1.425 … Read the full press release
(IN BRIEF) McLaren Automotive and the LEGO Group have unveiled their latest collaboration, showcasing the LEGO® Technic™ McLaren P1™, a tribute to the groundbreaking hybrid hypercar. Known for redefining automotive high-performance, the McLaren P1™ integrated advanced motorsport-derived engineering to achieve … Read the full press release
Posted in Automotive, Business, Construction, Denmark, Education, Entertainment, Financial, Government, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged LEGO Group, LEGO® Technic™ McLaren P1™, McLaren Automotive, partnership, UK
(IN BRIEF) TotalEnergies has agreed to sell its entire stake in West of Shetland assets, including several fields and the Shetland Gas Plant, to The Prax Group. This transaction, pending regulatory approval, is part of TotalEnergies’ strategy to divest mature … Read the full press release
(IN BRIEF) Wood has been awarded a contract by Centrica Energy Storage (CES) to redevelop the UK’s Rough field in the Southern North Sea for hydrogen storage. This project aims to repurpose the long-standing natural gas storage facility to potentially … Read the full press release
(IN BRIEF) The survey conducted by Coleman Parkes Research Ltd. for SAS in the UK & Ireland reveals a strong enthusiasm for generative AI (GenAI) among decision-makers, with 62% of organizations initiating its implementation. However, this enthusiasm is tempered by … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Investment, Ireland, News, Science, Technology, United Kingdom
(IN BRIEF) Holcim, a global leader in sustainable construction materials, recently acquired Land Recovery, a UK-based supplier specializing in recycled construction materials, as part of its commitment to circular construction practices. This strategic move aligns with Holcim’s goal to recycle … Read the full press release
(IN BRIEF) Accenture and Kraken Technologies have joined forces to assist EDF’s UK retail business in transitioning over five million meter points onto Kraken’s platform, enhancing energy management capabilities. This collaboration, leveraging advanced analytics and AI, aims to streamline operations … Read the full press release
Posted in Artificial Intelligence (AI), Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Accenture, AI, EDF Transitions, Gavin Patterson, Kraken, partnership, Richard Hughes, Scott Tinkler, sustainability, UK, utility
(IN BRIEF) In a significant milestone toward its 2030 net-zero target, the University of East London (UEL) has successfully reduced its carbon emissions by 10% from its 2020/21 baseline to 2022/23, marking the first phase of its net zero strategy. … Read the full press release
Posted in Business, Education, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Carbon Emission Reduction, Faye Bowser, partnership, Professor Amanda Broderick, Siemens, sustainability, UK, University of East London
(IN BRIEF) The highly anticipated Eras Tour by Taylor Swift is poised to inject a staggering £997 million into the UK economy, according to new data from Barclays. Swifties attending the tour are expected to spend an average of £848 … Read the full press release
Posted in Banks, Business, Economy, Entertainment, Financial, Industrial, Investment, Management, Marketing, Media, News, United Kingdom
Tagged Barclays, Dr Peter Brooks, economic, entertainment, Eras Tour, Financial, Taylor Swift, Tom Corbett, UK
(IN BRIEF) Brenntag, the global leader in chemicals and ingredients distribution, announces the expansion of its partnership with Coöperatie Koninklijke Avebe U.A. (“Royal Avebe”) to include the United Kingdom and Ireland. This extension of the distribution agreement provides Brenntag customers … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Food & Beverage, Germany, Government, Industrial, Investment, Ireland, Management, News, Technology, United Kingdom
Tagged Brenntag, Chris Hollebek, Ireland, Jerzy Jasiński, partnership, Potato Starch, protein, Royal Avebe, sustainability, UK
(IN BRIEF) Siemens has finalized the construction of a 200kWp solar farm at the University of York’s Institute for Safe Autonomy, as part of a £1.5 million research endeavor funded by the UK Research Partnership Investment Fund (UKRPIF). This collaborative … Read the full press release
Posted in Artificial Intelligence (AI), Business, Education, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Switzerland, Technology, United Kingdom
Tagged Faye Bowser, partnership, Professor Miles Elsden, Siemens, solar farm, sustainability, UK, University of York
(IN BRIEF) Omexom UK & RoI and Taylor Woodrow, subsidiaries of VINCI Energies and VINCI Construction respectively, have formed a joint-venture named OTW in the UK. OTW has been selected as a delivery partner for the Great Grid Partnership program, … Read the full press release
(IN BRIEF) Adyen, a global financial technology platform, has teamed up with Tide, the UK’s top business financial platform, to introduce Tide business accounts in Germany, marking Tide’s entry into the European market. This collaboration signifies Adyen’s debut of its … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Management, Netherlands, News, Small Business, Technology, United Kingdom
Tagged Adyen, Alexa von Bismarck, expansion, Germany, Netherland, Oliver Prill, partnership, SMEs, sustainability, Tide, UK
(IN BRIEF) Renewable energy company Drax has selected international technology group ANDRITZ as the main contractor for the upgrade of its Cruachan pumped storage power plant in Scotland. The project entails the installation of two new generating units, including pump … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andritz, Cruachan Pumped Storage Plant, Dominik Fust, Drax, partnership, Penny Small, Renewable Energy Capacity, sustainability, UK
(IN BRIEF) Hexagon, a global leader in digital reality solutions, has announced the acquisition of Xwatch Safety Solutions, a provider of machine control hardware and software technologies for enhancing safety protocols on construction sites. Xwatch’s solutions, including height control and … Read the full press release
(IN BRIEF) Mutares SE & Co. KGaA has successfully acquired Greenview Group Holdings Ltd from Cordovan Capital Partners II LP and Michael Burke, the current CEO, marking its fourth acquisition in 2024. Greenview Group, established in 2017, specializes in mechanical … Read the full press release
(IN BRIEF) DNV has completed the acquisition of Ocean Ecology, a leading UK marine environmental consultancy, solidifying its position in the aquaculture and biodiversity sector. Previously majority-owned by Åkerblå, Ocean Ecology has established itself as a trusted provider of marine … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Industrial, Investment, Management, News, Norway, Science, United Kingdom
Tagged acquisition, Åkerblå, Aquaculture Sector, biodiversity, DNV, Ocean Ecology, partnership, Roger Sørensen, Ross Griffin, sustainability, Thomas Vogth-Eriksen, UK
(IN BRIEF) Cunard’s illustrious fleet gains a new gem as Queen Anne officially joins during a historic handover ceremony at the Fincantieri Marghera shipyard in Venice. Attended by dignitaries and industry leaders, the event marks the 249th ship under the … Read the full press release
(IN BRIEF) STMicroelectronics, a global semiconductor leader, has inked a ten-year Power Purchase Agreement (PPA) with Centrica Energy for the supply of renewable energy to its Italian operations, starting from January 2025. The agreement, based on approximately 61 GWh of … Read the full press release
Posted in Business, Denmark, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology
Tagged Centrica Energy, Geoff West, Italy, Kristian Gjerløv-Juel, partnership, renewable energy, STMicroelectronics, sustainability, UK
(IN BRIEF) Rock Rail, the UK Infrastructure Bank, and Aviva Capital Partners have collaborated to establish a funding platform for zero emission bus financier, ‘Rock Road,’ committing an initial £100 million to fund up to 250 zero emission buses and … Read the full press release
Posted in Banks, Business, Environment, Financial, Industrial, Insurance, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Anthony Browne MP, Aviva, Charlotte Jones, John Flint, Mark Swindell, partnership, Rock Rail, Rock Road, sustainability, UK, UK Infrastructure Bank, Zero-Emission Buses
(IN BRIEF) While the British Prime Minister and Chancellor celebrate signs of economic recovery, deeper analysis reveals ongoing challenges for UK households. Despite inflation easing slightly, stagnant growth in average incomes over nearly two decades poses a significant concern. The … Read the full press release
Posted in Business, Economy, Education, Financial, Government, Industrial, Management, News, United Kingdom
Tagged Dr Dawid Trzeciakiewicz, Economic Turnaround, Jeremy Hunt, Loughborough University, Rishi Sunak, UK
(IN BRIEF) Iberdrola and Amazon strengthen their global renewable energy partnership with a new Power Purchase Agreement (PPA) for 159 MW of clean electricity from the East Anglia THREE offshore wind farm in the UK. This agreement expands Amazon’s commitment … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, United Kingdom
Tagged Amazon, East Anglia THREE Wind Farm, Iberdrola, Lindsay McQuade, partnership, renewable energy, Sergio Hernández de Deza, sustainability, UK
(IN BRIEF) Experian’s latest episode of The Cost of Loving podcast uncovers the pervasive issue of financial abuse, affecting 5.5 million women in the UK, with a significant portion falling between the ages of 18 to 24. Through candid discussions … Read the full press release
Posted in Business, Economy, Financial, Government, Industrial, Investment, Ireland, Management, Media, News, Technology, United Kingdom
Tagged Anna Williamson, Dr. Nicola Sharps-Jeffs, Experian, Financial Abuse, James Jones, Malin Anderson, podcast, UK, WOMEN
(IN BRIEF) Aviva and Darwin Innovation Group, in collaboration with the University of Salford, have expanded the UK’s longest-running self-driving passenger service by adding a second autonomous shuttle to the fleet. Operating at Harwell Science and Innovation Campus, the shuttles … Read the full press release
Posted in Automotive, Business, Financial, Industrial, Insurance, Investment, Management, News, Technology, United Kingdom
Tagged Aviva, Daniela Petrovic, Darwin, partnership, Self-Driving Shuttle Service, Tom Pitney, UK, University of Salford
(IN BRIEF) The latest NatWest Regional PMI® survey reveals that business activity expanded across most UK regions in February, accompanied by an uptick in business confidence fueled by rising demand. While regions such as London saw robust growth, others like … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, United Kingdom
Tagged Business Activity, Financial, investment, NatWest, Regional PMI® Survey, Sebastian Burnside, UK
(IN BRIEF) Siemens Mobility announces a €115 million investment to establish a state-of-the-art rail infrastructure manufacturing, digital engineering, and R&D center in Chippenham, UK, replacing its current site by 2026. This strategic move underscores Siemens Mobility’s commitment to innovation and … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics, United Kingdom
Tagged Chippenham, investment, Jeremy Hunt, Karl Blaim, partnership, Rail Infrastructure Hub, Siemens, Siemens Mobility, sustainability, UK
(IN BRIEF) In celebration of World Pulse Day on February 10th, Professor Eric Holub of the University of Warwick introduces new varieties of UK Registered beans (URBeans) aimed at diversifying British cuisine with locally grown ingredients. Named after iconic figures … Read the full press release
Posted in Agriculture, Business, Education, Environment, Food & Beverage, Industrial, Management, Media, News, Science, Technology, United Kingdom
Tagged "Capulet Bean", "Godiva Bean", Charlie Demetriou, Professor Eric Holub, sustainability, UK, University of Warwick, URBeans, Varieties, World Pulse Day
(IN BRIEF) Logicor, a prominent European logistics real estate owner and developer, is set to grow its presence in the UK by forward funding a 500,000 sq ft distribution warehouse in Derby, located within the logistics hub of the East … Read the full press release
Posted in Business, Construction, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged Charlie Howard, Derby, Logicor, UK, warehouse
(IN BRIEF) BT Group has unveiled plans to hire more than 500 apprentices and graduates for its September 2024 intake, spanning various roles such as software engineering, customer service, applied research, data analytics, and cyber-security. These recruits will contribute to … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, Media, News, Technology, Telecom, United Kingdom
Tagged apprentices, BT Group, Digital Advancements, Elaine Bergin, graduates, recruitment, UK
(IN BRIEF) Thales, a global technology and security provider, has unveiled the PQC Starter Kit in partnership with Quantinuum, offering enterprises a groundbreaking solution to prepare for the era of Post-Quantum Cryptography (PQC). This kit provides a secure environment for … Read the full press release
(IN BRIEF) Europe experienced a remarkable year in offshore wind energy in 2023, witnessing a record 4.2 GW of new offshore wind farms coming online, marking a 40% increase from the previous year. Investments of €30 billion were confirmed for … Read the full press release
Posted in Belgium, Business, Economy, Energy, Gas & Oil, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged Denmark, European Offshore Wind, Financial, France, Germany, investments, Poland, Positive Outlook, Spain, the Netherlands, UK, WindEurope
(IN BRIEF) Skanska, as part of the Skanska Costain STRABAG joint venture, has been granted an additional GBP 71 million (approximately SEK 940 million) under their existing contract with HS2 Ltd for phase one of the high-speed railway project in … Read the full press release
(IN BRIEF) DNV is at the forefront of advancing hydrogen pipeline research through its partnership with National Gas Transmission (NGT) in the expansion of the groundbreaking FutureGrid project. NGT, supported by DNV and other collaborators, secured two Strategic Innovation Funded … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Norway, United Kingdom
Tagged DNV, Dr Gary Tomlin, FutureGrid, Hari Vamadevan, Hydrogen Pipeline Research, Martin Cook, National Gas Transmission (NGT), partnership, sustainability, UK
(IN BRIEF) NatWest and Boston Consulting Group (BCG) have released a report emphasizing the substantial financial investment needed to achieve a net-zero energy supply in the UK by 2050, estimating the capital expenditure requirement at over £900 billion. This investment … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, United Kingdom
Tagged Andy Gray, Boston Consulting Group (BCG), energy supply, Eriola Beetz, investment, NatWest, net zero, partnership, sustainability, UK
(IN BRIEF) Consumer spending in the UK saw a rebound in November, driven by early Christmas shopping and extended Black Friday sales, according to a Barclays report. Consumer card spending grew 2.9% year-on-year, although it was still lower than the … Read the full press release
Posted in Banks, Business, Economy, Financial, Industrial, Investment, Management, News, Retail, United Kingdom
Tagged Barclay, Black Friday Sales, Christmas shopping, Consumer Spending, Esme Harwood, Financial, Jack Meaning, retail, UK
(IN BRIEF) The Financial Conduct Authority (FCA) in the UK has proposed measures to improve the quality of credit information provided by credit reference agencies (CRAs) and enhance competition in the market. The proposals include requiring FCA-regulated data contributors to … Read the full press release
(IN BRIEF) Starting from January 1, 2024, the United Kingdom will officially become an associated country to Horizon Europe, the European Union’s research and innovation program. This milestone was achieved as the EU-UK Specialized Committee on Participation in Union Programs … Read the full press release
(IN BRIEF) EQT Infrastructure has announced its acquisition of Statera Energy Limited from InfraRed Capital Partners, a move that aligns with the evolving landscape of the UK’s energy sector. As the country shifts towards decarbonization and increased electrification, the role … Read the full press release
Posted in Business, Construction, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, Sweden, United Kingdom
Tagged acquisition, Energy Generation and Storage, EQT, EQT Infrastructure, Francesco Starace, InfraRed Capital Partners, partnership, Statera Energy, Stephane Kofman, sustainability, Tom Vernon, UK
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