Energy provider iSupply hit with £1.5m fine for overcharging customers

Energy provider iSupply hit with £1.5m fine after it overcharging thousands of customers By Daily Mail City & Finance Reporter Published: 21:51 BST, 16 December 2019 | Updated: 21:51 BST, 16 December 2019 iSupply Energy overcharged around 4,400 of its customers under the new price cap Energy provider iSupply will pay £1.5million after it overcharged thousands … Read more

Meet the trio who want to stamp out toxic receipts for good and have processed 1.5m digital copies 

Getting a receipt printed out at the till could soon be a thing of the past on a national and even global scale if these three entrepreneurs get their way. Matty Cusden-Ross, Veronique Barbosa and Tom Reay are the founders of a digital receipts start-up called Flux which aims to eradicate the practice of automatically … Read more

Nottingham Council chief says he is waiting on government to supply list of 1.5m most vulnerable

A council boss with an army of volunteers ready to help people at risk from coronavirus has said he waiting on the Government for a list of those in need. Anthony May, the chief executive of Nottinghamshire county council, said he has been overwhelmed with offers of support, but no details on who requires help. … Read more

Ailing retailer Laura Ashley seeks further £15m rescue loan just weeks after emergency funding deal

Ailing retailer Laura Ashley seeks further £15m rescue loan just weeks after emergency funding deal It was saved from collapse last month by £20m lifeline from US bank Wells Fargo It  said it is ‘in advanced discussions with a third-party lender’  But there are fears of the impact of coronavirus  By Daily Mail City & … Read more

SMALL CAP MOVERS: Bagir to sue cash-strapped Chinese fashion giant; Hornby soars on £15m fundraise 

Israeli tailor Bagir was out of fashion this week after announcing it is taking legal action against Chinese giant Shandong Ruyi. Once touted the ‘LMVH of China’, the fashion conglomerate is now drowning in billions’ worth of debt following an acquisition spree of European brands such as Sandro and TM Lewin. Only last month the … Read more

Energy bills set to fall for 15m households as Ofgem reveals price cap reduction

Energy bills will fall for around 15million households with Ofgem announcing a price cap reduction of £17 a year. This means that households on standard variable tariffs will pay no more than £1,162 on their bills after the cap comes into effect in April – falling from £1,179.  The bi-annual review of the cap by … Read more

Owners of bookies Ladbrokes and Coral made £1.5m profit per day

Owners of bookies Ladbrokes and Coral made £1.5m profit per day last year as online business booms By Daily Mail City & Finance Reporter Published: 21:50 GMT, 5 March 2020 | Updated: 21:50 GMT, 5 March 2020 The owners of Ladbrokes and Coral made £1.5million profit per day as its online business boomed. GVC posted … Read more