Tag Archives: green

Economy on revival mode amid sprouts of green shoots in many sectors; all eyes on FY18 GDP estimates on Friday

How do you spot an economic revival? The earliest signs are visible on the highways. Are there more lorries on expressways ferrying goods across states? Latest data show truck sales grew at a robust pace in December, a sign that transport companies are buying more vehicles to rapidly move goods to meet growing consumer demand. Sample this. Homegrown auto major ... Read More »

Sir Philip Green hits back at MPs on BHS

Lawyers for Sir Philip Green have accused MPs of making “very serious factual and legal errors” in their report about the BHS collapse. The review, commissioned by the retail tycoon, comes as parliament prepares to debate stripping him of his knighthood. Lord Pannick QC and Michael Todd QC call the MPs’ findings “bizarre” and “unsupportable”. They claim Sir Philip’s decision ... Read More »

Tina Green to face questions from MPs over BHS collapse

Tina Green, the wife of billionaire businessman Sir Philip Green, has joined her husband in being called to face MPs on two select committees to answer questions about the collapse of BHS. Lady Green, a trustee of the company, and Sir Philip will be questioned by the work and pensions committee about where hundreds of millions of pounds went from ... Read More »

Big questions for Sir Philip Green over BHS pension deficit, says Lord Myners

Former City minister and M&S chairman criticises ex-boss of BHS, its pensions trustees and the pensions regulator over retail chain’s £571m black hole Arcadia Group boss Sir Philip Green and former BHS owner faces big questions over his role at the collapsed retailer, says Lord Myners. Photograph: Bloomberg/Bloomberg via Getty Images City grandee Lord Myners has said there are big ... Read More »

Top lobbying group in historic green energy U-turn

Energy UK, which represents big six providers, says it now supports phasing out coal-fired stations, after years of defending use of fossil fuels Wind turbines at WE Niederaussem coal-fired power station in Germany. The UK has been urged to create its own version of Germany’s energy transition programme. Photograph: Volker Hartmann/Getty Images The UK’s biggest energy lobbying group has shifted ... Read More »