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Brits charging their EVs at home urged to act now following major announcement
Brits charging their EVs at home urged to act now following major announcement

Daily Mirror

time03-07-2025

  • Automotive
  • Daily Mirror

Brits charging their EVs at home urged to act now following major announcement

Major changes that came into effect across the nation earlier this week mean more than a million drivers in the UK might be paying significantly more than they need to — unless they take action now UK motorists with electric vehicles (EVs) have been issued a costly warning if they don't take action swiftly. The new Ofgem energy price cap has officially come into effect, which is particularly relevant for more than a million EV owners who charge their cars on their drive at home. Experts say now is the perfect time to explore potentially switching your energy tariff to save money by opting for a fixed-term deal or an EV-based tariff. David Watson, CEO of Ohme — a company that specialises in EV smart home chargers — said: "Charging at home will always be the most affordable place for EV drivers to charge their cars and this lower electricity price is great news to help them reduce their running costs. However, any EV driver charging at home should look at switching to one of the wide range of energy tariffs that drop those costs still further to help save them even more money." Switching from a standard variable tariff to a fixed-term deal could result in major savings for many households — but particularly those with home-charged EVs. Many energy firms now also have energy tariffs specifically for EV drivers, allowing them to charge their cars at night using cheaper off-peak electricity. For example, British Gas currently has an EV energy tariff that charges customers 7.9p per kWh between 12am and 5am. Similarly, Eon's Next Drive tariff charges Brits 6.7p per kWh when you plug in your car between 12am and 7am. As previously reported, UK energy industry regulator Ofgem announced that from July 1, 2025, the price cap for the average dual-fuel household paying by Direct Debit would be set at £1,720. This represents a reduction of £129, or seven per cent from the previous annual rate of £1,849. While this decrease will be welcomed by many, the new cap remains 34 per cent higher than the rates in place before the UK energy crisis began towards the autumn of 2021. The energy price cap was lowered to £1,568 in July 2024 — the lowest point since the onset of the energy crisis — before increasing to £1,717 in October 2024, then to £1,738 in January 2025, and up to the previous limit of £1,849 in April 2025. Ben Gallizzi, senior content editor at Uswitch, also said: "The price cap will drop by seven per cent in July, but customers can start saving now by fixing their deal. There are deals available to switch to that can save around £250 a year against the price cap. If you have the option of getting off a standard variable tariff and ditching the price cap, it's worth doing that now." The government intervened in October 2022, when Ofgem's price cap was projected to soar to £4,279 by January 2023. In an effort to help households manage these escalating costs, the energy price guarantee was introduced, initially setting a 'safety cap' of £2,500 a year for an average dual-fuel customer — with government subsidies covering the difference. By May 2023, this guarantee was increased to £3,000, and the measure has since been scrapped entirely.

New driveway rule in force from today as motorists are warned
New driveway rule in force from today as motorists are warned

Daily Mirror

time01-07-2025

  • Automotive
  • Daily Mirror

New driveway rule in force from today as motorists are warned

The new price cap comes into effect from tomorrow morning, so if you haven't already, it might be worth checking to see if you could save money by switching to a fixed-term deal now Major changes to UK driveways are set to kick off from today, with a stark warning for over a million electric vehicle (EV) owners. Those who charge their EVs at home need to be aware of the new Ofgem price cap that are now in effect. David Watson, CEO of Ohme, a company specialising in smart home chargers for EVs, said: "Charging at home will always be the most affordable place for EV drivers to charge their cars and this lower electricity price is great news to help them reduce their running costs. ‌ READ MORE: Pet owners rush to claim free flea treatment as UK heatwave sees pests rise "However, any EV driver charging at home should look at switching to one of the wide range of energy tariffs that drop those costs still further to help save them even more money." ‌ Ofgem, the industry regulator, has announced that starting from 1 July 2025, the price cap for the average dual-fuel household paying bills by Direct Debit will be £1,720. This rate represents a £129 (or 7%) reduction from the current annual rate of £1,849. Yet, it's important to note that this new cap is still 34% above the rates before the energy crisis. Therefore, while the reduction is welcome, it must be viewed within the broader context, reports Yorkshire Live. Additionally, since July 2024, when the cap was lowered to £1,568 – the lowest point since the onset of the crisis – there hasn't been a further decrease. Ben Gallizzi, senior content editor at Uswitch, said: "The price cap will drop by 7% in July, but customers can start saving now by fixing their deal. "There are deals available to switch to that can save around £250 a year against the price cap. If you have the option of getting off a standard variable tariff and ditching the price cap, it's worth doing that now." In October 2022, when Ofgem's price cap level was expected to rocket to £4,279 by January 2023, the government intervened with the Energy Price Guarantee as a buffer for households grappling with escalating energy costs. Designed as a "safety" price cap, it was initially pegged at £2,500 annually (subsidised by the government) for an average use dual fuel customer. Come May 2023, Ofgem and government officials announced that the Energy Price Guarantee would be hiked to £3,000. This measure has since been scrapped entirely.

Sofitel Dubai Downtown appoints David Watson as Food & Beverage Manager to drive culinary innovation and operational excellence
Sofitel Dubai Downtown appoints David Watson as Food & Beverage Manager to drive culinary innovation and operational excellence

Zawya

time01-07-2025

  • Business
  • Zawya

Sofitel Dubai Downtown appoints David Watson as Food & Beverage Manager to drive culinary innovation and operational excellence

Dubai, UAE – As Dubai's dining scene grows ever more competitive, Sofitel Dubai Downtown is raising the bar with the appointment of David Watson as Food & Beverage Manager—marking a bold step in the hotel's vision to position itself as a leading culinary destination in the heart of the city. With over 12 years of experience in luxury hospitality, Watson brings deep expertise in multi-outlet operations, pre-openings, concept development, and service strategy—key strengths that align seamlessly with Sofitel's commitment to exceptional guest experiences and innovation across its F&B offerings. Known for his hands-on leadership style and precision-driven approach, Watson joins the property at a pivotal time as it continues to evolve its culinary narrative. In his new role, he will oversee the hotel's diverse food and beverage portfolio, including destination restaurants, lounges, bars, and in-room dining. His focus will be on enhancing operational consistency, strengthening service culture, and creating distinctive dining moments that resonate with both local and international guests. Watson's career spans key leadership positions across high-profile operations in the region, where he has consistently demonstrated his ability to develop strong teams, implement high-impact service standards, and deliver results in both guest satisfaction and financial performance. He is known for his attention to detail, cultural intelligence, and ability to cultivate empowered, high-performing teams. 'My purpose is to cultivate a culture of respect, collaboration, and continuous growth empowering our team to thrive and take pride in every moment of service, ' said David. 'Together, we will elevate every dining experience, create lasting impressions, and set new standards of excellence that reflect the heart of our brand.' His appointment comes as Sofitel Dubai Downtown continues to refine its food and beverage identity, aligning with the brand's commitment to modern luxury, effortless elegance, and authentic French art de vivre. Mohamed Hawwam, General Manager of Sofitel Dubai Downtown, commented: 'David brings with him not only a wealth of experience but also the ability to inspire and elevate those around him. His approach is grounded in operational excellence and a deep understanding of what makes a guest experience truly memorable. As we enter an exciting chapter for our restaurants and bars, his leadership will be instrumental in delivering the creativity, sophistication, and service our guests expect.' David will play a central role in the strategic evolution of Sofitel Dubai Downtown's culinary positioning, ensuring the hotel continues to serve as a dining destination at the heart of Downtown Dubai. About Sofitel Dubai Downtown Sofitel Dubai Downtown, is an idyllic oasis that blends urban sophistication with authentic luxury French service. It is the only french five-star hotel in the heart of Downtown Dubai linked to The Dubai Mall and Burj Khalifa metro station through an air-conditioned skywalk, with close proximity to Emaar square, Financial Centre, City Walk, Coca-Cola Arena and more. The hotel offers an exceptional setting for business, leisure and exploration within the New and Old Dubai. Blending Arabian hospitality with timeless French service, the hotel sends guests on a voyage into the Sofitel universe. Spanning 31 exquisite floors, 274 luxury rooms, 76 suites, including two-bedroom Downtown Suite, Presidential Suite and Royal Suite in addition to world-class leisure, conference and entertainment facilities including a stunning outdoor infinity pool, state-of-the-art gym and spa facilities, the hotel also features seven restaurant bars and lounges taking patrons on a culinary journey from the four corners of the globe. Welcome to the finer side of sophistication where you can step into a world of refined French heritage linked to local culture, elegance and seamless luxury. About Sofitel A pioneer of French luxury hospitality since 1964, Sofitel today embodies heartfelt and committed luxury with a French zest. A seamless blend of the richness of each local culture and the French joie de vivre, the brand delights travelers who appreciate delicacy and subtle refinement, offering them heartfelt and authentic service. At Sofitel, beauty is in the details: life's simple pleasures such as gastronomy and sleep are art forms for an incomparable experience. Sofitel now boasts more than 120 hotels, all elegant and unique, in the world's most sought-after destinations. Among its most remarkable properties: Sofitel Paris Le Scribe, Sofitel London St James, Sofitel Dubai The Obelisk, Sofitel Mexico City Reforma and Sofitel Ambassador Seoul. The brand also offers a selection of heritage luxury hotels under the Sofitel Legend banner, renowned for their timeless elegance and fascinating history, such as Sofitel Legend Old Cataract Aswan, Sofitel Legend Santa Clara Cartagena and Sofitel Legend Metropole Hanoi. Sofitel is part of Accor, a world leading hospitality group counting over 5,500 properties throughout more than 110 countries, and a participating brand in ALL - Accor Live Limitless – a lifestyle loyalty program providing access to a wide variety of rewards, services and experiences.

'Hard to predict' Kilmarnock's season amid summer of change
'Hard to predict' Kilmarnock's season amid summer of change

BBC News

time22-06-2025

  • Sport
  • BBC News

'Hard to predict' Kilmarnock's season amid summer of change

We asked for your views on Kilmarnock's Scottish Premiership fixtures and how they will be faring after 10 what some of you said:Robert: At least we don't have the Old Firm in the first couple of games. Really hard to say how Killie will do as no-one has seen this team play under the new manager. Just hope we beat Hearts four times this A solid start to the Premiership and League Cup groups, sitting between fifth and seventh playing with a definable After 10 games I am hoping Kilmarnock will be sitting eighth or ninth to be honest as that is a tough run of games to begin with. The team will have to gel quickly to make its mark and battle for points. Hopefully the new signings will help us fill the voids of those who had left. The use of the youth team players could help as they need to see some game time as well. David Watson will be out main focal point in midfield this year and well I have no idea where we will be after 10 games. New manager with a lot of changes to the squad. Bit worried about whether the new signings will live up to Stuart Kettlewell's expectationsGarry: A nice run of fixtures. Don't need to worry about Celtic until 13 September at home and then Rangers away at the end of October. Hopefully we can see improvement and be mid-table by the end of the first group of games.

Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.375 Per Common Share
Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.375 Per Common Share

Yahoo

time17-06-2025

  • Business
  • Yahoo

Argan, Inc. Declares Regular Quarterly Cash Dividend of $0.375 Per Common Share

ARLINGTON, Va., June 17, 2025--(BUSINESS WIRE)--Argan, Inc. (NYSE: AGX) ("Argan" or the "Company") today announces that its Board of Directors (the "Board") declared a regular quarterly cash dividend in the amount of $0.375 per share of common stock. The dividend will be payable on July 31, 2025, to stockholders of record at the close of business on July 23, 2025. David Watson, President and Chief Executive Officer of Argan commented, "Argan has paid dividends consistently since 2011 and has returned over $217 million to shareholders during that time. Our regular quarterly dividend has grown from $0.25 per share to $0.375 per share over the last two years, representing a 50% increase. This growth reflects Argan's strong balance sheet, confidence in future earnings growth, and long-term commitment to returning capital to shareholders. In addition, I want to thank Rainer Bosselmann, Argan's founder and former Chief Executive Officer and Chairman of the Board, who has completed his final term as a director. Rainer's vision and entrepreneurial spirit laid the groundwork for the Company's sustained performance and long-term value creation. We are deeply grateful for his enduring contributions to Argan's success and culture." About Argan, Inc. Argan's primary business is providing a full range of construction and related services to the power industry. Argan's service offerings focus on the engineering, procurement and construction of natural gas-fired power plants and renewable energy facilities, along with related commissioning, maintenance, project development and technical consulting services, through its Gemma Power Systems and Atlantic Projects Company operations. Argan also owns The Roberts Company, which is a fully integrated industrial construction, fabrication and plant services company, and SMC Infrastructure Solutions, which provides telecommunications infrastructure services. Safe Harbor Statement Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws. Reference is hereby made to the cautionary statements made by the Company with respect to risk factors set forth in its most recent reports on Form 10-K, Forms 10-Q and other SEC filings. The Company's future financial performance is subject to risks and uncertainties including, but not limited to, the successful addition of new contracts to project backlog, the receipt of corresponding notices to proceed with contract activities, the Company's ability to successfully complete the projects that it obtains. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to the risk factors highlighted above and described regularly in the Company's SEC filings. View source version on Contacts Company Contact: David Watson301.315.0027 Investor Relations Contacts:John Nesbett/Jennifer BelodeauIMS Investor Relations203.972.9200argan@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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