Homegrown Gas Vital for UK Energy Security, Says Boss
The UK's energy security depends on domestic gas production for decades, warns a leading industry figure. Discover why new North Sea fields are deemed essential.
Category : Search result: energy profits levy
Energy bills to rise £108 by 2031 for grid upgrades
Ofgem announces a £28bn energy infrastructure investment, adding £108 to average household bills by 2031. Get the full breakdown of costs and government support.
Greenpeace urges Ofgem to protect billpayers from energy hikes
Greenpeace calls on Ofgem to regulate energy grid upgrades, preventing unnecessary bill increases and ensuring value for money as the UK transitions to clean energy.
Hotel Profits Fall as Costs Rise in UK and London
UK hotels face a profit squeeze as rising costs outpace increased demand and room rates. Experts warn of challenges from wage hikes and frozen tax thresholds. Read the full analysis.
Thames Water profits leap as funding crisis looms
Thames Water reports a £386m half-year profit, driven by higher bills, but warns of a potential rapid collapse into government control due to its £17bn debt crisis. Read the latest on the utility's precarious future.
UK's Largest Solar Farm Approved in Suffolk
The UK government has approved the Sunnica Energy Farm, a massive 3,500-acre solar project in Suffolk. It will power 400,000 homes and create 1,000 jobs. Read more on the implications for UK energy.
Redknapp: Tottenham must stop 'chopping managers' like Frank
Harry Redknapp urges Tottenham to show patience with under-fire boss Thomas Frank after a dismal November. Discover why the former Spurs manager believes stability is key.
Data centres could derail Australia's climate targets
Experts warn Australia's data centre boom, fuelled by AI, could triple energy demand by 2030, jeopardising net zero ambitions and increasing reliance on fossil fuels. Read the full analysis.
Clean energy investment hits lowest level in almost a decade
Investors warn of 'deep structural issues' causing a slump in solar and wind farm investment, threatening Australia's 2030 renewable energy targets. Read the full analysis.
How UK Heat Zones Can Cut Bills & Carbon
UK cities waste enough heat to meet 38% of London's demand. Learn 6 key lessons from Europe on rolling out heat networks to slash energy bills, create jobs, and decarbonise urban centres.
Peel Hunt profits jump 800% to £11.5m on deal rebound
London broker Peel Hunt reports an 800% profit surge to £11.5m, driven by a revival in corporate dealmaking. Discover the key figures and strategic outlook for the UK investment bank.
Elderly left in cold by faulty energy meter and poor service
An elderly woman in Stafford was left without heating due to a faulty British Gas prepayment meter, highlighting systemic customer service failures across UK energy suppliers, including billing errors and threats to minors.
Ovo Energy's Fall from Grace and Financial Struggle
Ovo Energy, once the UK's green energy disruptor, faces a battle for survival. We examine its financial woes, executive exodus, and the controversial millions paid to its founder's company.
Democrat wins Virginia seat on data centre platform
John McAuliff's victory in a traditionally Republican Virginia district, focusing on data centres' impact on energy bills, offers a blueprint for Democratic campaigns. Discover how local issues trumped national politics.
US states legalise balcony solar panels for millions
Millions of Americans could soon power homes with plug-in balcony solar panels as states rewrite energy laws. Discover how this renewable energy shift benefits renters and homeowners.
Trump Cuts Derail Appalachia Clean Energy Revival
Billions in clean energy funding for former coal communities revoked by Trump administration, devastating economic recovery efforts across Appalachia and halting vital projects.
M&B profits jump 20% amid £130m cost pressures
Mitchells & Butlers reports strong £2.7bn revenue and 20% profit growth while facing £130m cost pressures from wage hikes and inflation. Discover how pub giants navigate economic challenges.
Energy Advisers Warn Ministers of UK Gas Supply Crisis
Britain faces potential gas supply emergencies this winter as energy experts issue urgent warnings to government ministers about storage capacity and infrastructure risks.
Banks face £16m hike in Financial Ombudsman fees
UK banks face an £86m Financial Ombudsman Service levy as Treasury reforms cost £8m. Motor finance cases to surge 300% under new crackdown. Discover how this affects financial services.
Labour's North Sea oil policy contradictions exposed
Labour's North Sea oil strategy faces criticism as energy department's pragmatic licensing clashes with Treasury's windfall tax, creating uncertainty for jobs and investment.
Budget 2025: Octopus Boss Hails Energy Bill Cuts
Chancellor Rachel Reeves announces a £150 cut to average energy bills from April 2025, scrapping green levies. Octopus Energy's Greg Jackson calls it a 'positive step'.
Simon Levy in court over two North London murders
A 40-year-old Tottenham man is accused of murdering two women found in similar positions and raping a third. He appeared at the Old Bailey via videolink.
Pets at Home profits dive 33.5% in half-year results
Pets at Home reports 33.5% profit drop to £36.2m as retail business falters. Interim CEO announces urgent action needed to return to retailing roots. Read the full analysis.
Reeves Faces £700m Fish vs Energy Crisis Decision
Chancellor Rachel Reeves must decide on nuclear reforms that could slash energy bills or maintain costly bureaucracy spending £700m annually to protect a single fish.
Tourist Tax Introduced for Overnight Stays in England
The government announces a new visitor levy for England, allowing mayors to charge for overnight stays to fund local transport and tourism infrastructure. Discover the impact.
B&Q Owner Kingfisher Raises Profit Forecast to £570m
B&Q owner Kingfisher boosts profit outlook despite softening UK retail market. Discover how strong management drives success in challenging economic conditions.
Sugar Tax Extended to Cover Milkshakes and Lattes
The UK government announces milkshakes will no longer be exempt from the sugar tax as part of strengthened measures to tackle childhood obesity. Learn how this affects your favourite drinks.
easyJet's new Stansted-Paris flights start 2026
easyJet announces new Stansted to Paris flights starting March 2026, alongside better-than-expected annual profits driven by package holiday demand. Book your seats now!
Sugar tax extended to milkshakes and lattes
Health Secretary Wes Streeting announces the soft drinks levy will expand to include milkshakes and milk substitutes to tackle childhood obesity. Read the latest.
UK Bank Shares Jump on Budget Tax Reprieve Hopes
NatWest, Lloyds and Barclays stocks rise as investors anticipate Rachel Reeves will spare lenders from further levy in this week's budget. Discover the market reaction.
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