British Gas Cleared to Force-Fit Prepay Meters Again
The energy regulator has lifted a block on British Gas installing prepay meters in homes of customers in debt, months after a record settlement over the practice.
Leaders & Executives
Ryanair Weighs Pay Freezes and Leaner Crews as Fuel Costs Rise
Ryanair says it may freeze pay, cut crew ratios and lean on AI to offset a jet fuel bill that it expects to rise by about €2bn, setting up a possible clash with unions.
Witherspoon Regains Hello Sunshine, Then Cuts Nearly Half Its Staff
Weeks after buying her production company back with Mediawan, Reese Witherspoon is reported to be cutting about 30 jobs and narrowing the business.
Reworld Chairman Howard Lance Takes Over as CEO
Waste company Reworld has made board chair Howard Lance its president and CEO, effective immediately. Azeez Mohammed moves to a senior adviser role.
Genworth CEO McInerney to Retire; CFO Upton Expected to Succeed
Genworth Financial said Tom McInerney will leave as CEO on December 31. Finance chief Jerome Upton is expected to take over on January 1, 2027.
Poundland Owner Files Administration Notice, 12,000 Jobs at Risk
Gordon Brothers has filed a notice of intention to appoint administrators to Poundland after rejecting a management-backed bid. The union Usdaw urges it to reconsider.