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 sector kickbacks
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.
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.
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.
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.
Zelenskyy aide Yermak home searched in corruption probe
Ukrainian anti-corruption investigators raid home of President Zelenskyy's chief aide Andriy Yermak in nuclear energy kickback scandal. Follow latest developments.
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.
Tate staff strike over pay amid food bank use
Tate gallery staff begin week-long strike over pay dispute as workers reveal reliance on food banks. Union demands fair wages for cultural sector employees.
US Banks Announce Major UK Expansion Projects
JP Morgan unveils a new £3bn Canary Wharf headquarters as Goldman Sachs expands in Birmingham, signalling a major vote of confidence in the UK economy. Discover the details.
UAE's Financial Rise: FinTech and Sustainability Lead
Abu Dhabi Finance Week positions UAE as global financial hub with dual focus on FinTech innovation and sustainable finance. Discover how digital assets and green capital shape economic future.
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'.
Budget: Lower Business Rates for Retail & Hospitality
Chancellor Rachel Reeves announces permanently lower business rates for retail and hospitality, funded by higher levies on online giants' warehouses. Will it save the high street?
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.
Australia's public sector faces 5% budget savings search
Treasurer Jim Chalmers confirms departments must identify savings from low-priority spending, denying major job cuts while facing Coalition criticism over election promises.
US Broker StoneX Expands Into London Hedge Fund Market
American financial giant StoneX launches ambitious London expansion targeting mid-sized hedge funds with prime brokerage services. Discover how this move shakes up the City.
24 English universities at risk of market exit within year
MPs learn 50 higher education providers face market exit risk, with 24 institutions potentially stopping degrees within 12 months. Smaller colleges most vulnerable.
London Tourist Tax Threatens Hospitality Collapse
Central London Alliance warns proposed tourist tax could shutter businesses and damage London's competitiveness. Industry leaders demand rethink of economically harmful policy.
Labour MP: Budget could force founders out of UK
A Labour MP joins industry leaders in warning the Budget could crush UK tech growth and force founders abroad. Calls grow to replace the Enterprise Investment Scheme with more generous tax relief.
British Gas CEO Proposes Tax Shift to Cut Bills
Centrica CEO Chris O'Shea calls for energy levies to be moved to general taxation, saving households £200. He says he's 'happy to pay more' tax. Read the full story.
ABN Amro Announces 5200 Job Cuts Over Three Years
Dutch banking giant ABN Amro reveals plans to cut 15% of workforce in strategic overhaul. Discover how this impacts European banking sector and what's next.
NHS Pay Debate: Doctor's £100k Salary Sparks Outcry
A heated debate on NHS salaries erupts as a consultant calls her £100,000 wage 'pathetic', while a retired teacher defends his £50,000 pay. Read the full story and share your views.
BHP walks away from Anglo American takeover
Mining giant BHP has ended its pursuit of Anglo American, leaving the path clear for Anglo's planned £39bn copper merger with Teck Resources. Discover the implications for the global mining sector.
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