Phoenix Group to acquire ReAssure from Swiss Re for £3.2bn
(adsbygoogle = window.adsbygoogle || []).push({}); Phoenix acquisition of ReAssure : Life consolidator Phoenix Group has signed a cash-cum-stock deal worth £3.25 billion to acquire UK-based life More...
Hornsea 1 offshore wind farm : Last turbine of North Sea wind project installed
Danish energy company Ørsted said that the last turbine has been installed at the 1.2GW Hornsea 1 offshore wind farm in the UK North Sea. The Hornsea 1 offshore wind project features a total of 174 wind turbines More...
innogy’s 1.4GW Sofia offshore wind farm prevails in UK’s CfD auction 2019
German energy company innogy said that its 1.4GW Sofia offshore wind farm won the UK’s Contracts for Difference (CfD) third-round auction (CfD auction 2019) and contract from the UK Department for Business, Energy More...
Bug Farm Foods launches new low-fat insect and plant protein VEXo in Wales
Bug Farm Foods, an insect protein company, has developed a new low-fat insect and plant protein VEXo as part of Welsh Government and Innovate UK under the Small Business Research Initiative (SBRI) project. Launched More...
UK to open fusion energy research facility in Rotherham, Yorkshire
The United Kingdom Atomic Energy Authority (UKAEA) will open a new fusion energy research facility in Rotherham, Yorkshire, to commercialize nuclear fusion as one of the important sources of low-carbon electricity More...
Smarkets partners Full House Resorts to enter US online sports betting
Smarkets, a UK sports betting operator, has entered into a multi-million-dollar, long-term partnership with casino developer and operator Full House Resorts to offer online sports wagering in Indiana and Colorado More...
Campbell Soup to sell European chips business to Valeo Foods
Campbell Soup has signed a deal to sell its European chips business to Valeo Foods, a portfolio company of CapVest Partners, for nearly £66 million. The European chips business of Campbell Soup includes the UK-based More...
Orkney Distillery to explore feasibility of hydrogen fuel to decarbonize distilling process
The HySpirits project : Orkney Distilling, Edinburgh Napier University, and the European Marine Energy Centre (EMEC) have partnered to explore the feasibility of hydrogen fuel to decarbonize the distilling process More...
UK Army set to receive first fully-digital armoured fighting vehicle AJAX
The UK Army will soon receive its first fully-digital armoured fighting vehicle AJAX, with deliveries beginning this year, as per the latest defense industry news. Employing more than 700 workers, General Dynamics More...
UK has 1,300 insurance scams uncovered every day, finds ABI report
UK Insurance industry news : The UK witnesses 1,300 insurance scams uncovered every day with the average con being £12,000, as per the annual detected fraud figures published by The Association of British Insurers More...