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    • Featured

      Diesel crisis: UK minister holds emergency talks with US Energy Secretary

      Miatta Fahnbulleh, CEO of New Economics Foundation, looking thoughtful during discussions on diesel prices.

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      Manchester City appointed new CFO just days before Premier League guilty verdict

      Exterior view of Etihad Stadium with Manchester City FC logo against a clear blue sky

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      ‘The world of Cat TV is more cut throat than you would ever imagine’ – inside the strange business of TV… for cats

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Energy

  • Burnham to announce new publicly-owned grid operator 

    Politics

    Andy Burnham is expected to announce a new publicly-owned body which will invest in the UK’s electricity grid in an attempt to bring down Britain’s sky-high energy costs.  The Prime Minister is tipped to unveil Great British Grid, which will speed up connections to the grid by driving up competition for projects, during his Labour [...]

    A man in a suit walking across a stage with LABOUR and HOPE AGAIN displayed on a red and pink screen behind him.
  • ‘Uncharted territory’: UK economy facing shocks as diesel and borrowing costs surge

    Economics

    The UK economy entered “uncharted territory” on Monday battling an assortment of financial pressures as fears intensified ahead of the next Budget.  Diesel costs surged to a record high of 199.18p per litre marking the latest energy shock on the UK economy. Stations were registered as charging 199.18p per litre, according to the RAC. The [...]

    BP petrol station sign showing Londis and Costa Express with regular unleaded at 179.9 and diesel at 204.9. Cars on a Lond...
  • Diesel ban: UK to be ‘even more exposed’ if Trump follows through on export threat

    Energy

    After Trump announced a ban on exports of diesel, Mauricio Alencar explores how it could impact the UK economy.  President Trump’s newest trade threat sent markets into a frenzy once again on Friday.  Earlier this week, Trump said he would back Republican proposals to halt exports of diesel in order to ease prices ahead of [...]

    Tesco sign states Sorry. No diesel available at a petrol station with orange traffic cones
  • Regulator opens triple probe into Prax Group’s oil audits

    September 11, 2026

    The audit watchdog has launched three separate investigations into the auditing of the collapsed UK energy challenger Prax Group.  The Financial Reporting Council (FRC) opened probes into the financial oversight and audit of Prax’s parent company, State Oil, and will also examine Big Four KPMG’s audit of the fiscal years ended 28 February 2022 and [...]

  • BP names new chair after boardroom bust-up

    September 2, 2026

    Oil giant BP has named its new chair after a boardroom bust-up earlier this year sent its leadership into chaos. The FTSE 100 giant has tapped Ian Tyler, who has served as interim chair since 26 May. Tyler joined BP as a non-executive director in April 2025. He replaces Albert Manifold, who was stripped of [...]

  • Oil price climbs above $90 as Iran says US diplomacy ‘isn’t possible’

    August 31, 2026

    The price of oil is creeping higher after the US launched strikes at Iranian rocket launchers that were reportedly preparing to lay mines in the Strait of Hormuz. Brent crude – the international benchmark for oil prices – climbed towards $91 per barrel after strikes from the US marked the first exchange of fire in [...]

  • Energy price cap rises to three-year high

    August 26, 2026

    Brits are set for another squeeze from energy bills this winter after watchdog Ofgem confirmed the price cap was set to rise to a three-year high. The regulator said on Wednesday the default tariff for consumers across Britain would increase four per cent to £1,723 for the final quarter of the year. The rise marks [...]

  • UK government takes stake in miner after £71m injection

    August 25, 2026

    The government’s National Wealth Fund is set to pump £71m into miner Tungsten West in a bid to help reopen the Hemerdon mine in Devon. The funding package combines a £36m share purchase, which will hand the government a 7.4 per cent stake in Tungsten and a seat on the board of directors, and a [...]

  • Iranian hackers behind UK energy plant attack

    August 23, 2026

    An attack on an energy facility which was shut down for four days last month was carried out by hackers linked to the Iranian regime. The cyberattack, which is believed to be the first time Iranian-affiliated hackers have successfully infiltrated a UK energy facility, shutting it down. A government spokesperson for the Department for Energy [...]

  • Tories say households could save £540 a year by scrapping net zero

    August 18, 2026

    The Conservatives have said that households could save about £540 a year after 2030 if net zero regulations are scrapped with a commitment to make energy as cheap as possible. A report published by centre-right think tank Onward and backed by the Tories said the cost of net zero came to an extra £540 per [...]

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