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Energy

  • Marshalls boss defends £535m Marley takeover despite tumbling share price and falling profits

    March 15, 2023

    Marshalls boss Martyn Coffey has defended the company’s £535m acquisition of Marley last year despite a hit to profits and share prices.

  • Budget: Five changes to energy policy – and one that got away

    March 15, 2023

    City A.M. looks at the five biggest developments in the energy sector announced in Hunt's budget - and the one that got away.

  • Budget: Energy bills to drop £1,000 by July but will not fall below £2,000 by October

    March 15, 2023

    Cornwall Insight has unveiled its price cap predictions ahead of the Budget, raising expectations of a sharp fall in energy bills.

  • Budget: SSE boss urges Hunt to match green energy goals so UK can face down US competition

    March 15, 2023

    A leading energy boss has called on the Chancellor Jeremy Hunt to clear the way for a "decade of delivery" on UK energy supplies.

  • Meter scandal: British Gas were ‘aware’ of forced pre-payment visits, says Arvato

    March 15, 2023

    British Gas was aware of every visit third parties took to people’s homes for forced prepayment installations, confirmed Arvato.

  • Harbour Energy proposes carbon capture scheme to meet UK energy goals

    March 15, 2023

    A proposed carbon capture, storage and transport project in the Humber region could help the UK meet its net zero goals, predicts Harbour.

  • Environment Agency: Water firms fined TOO MUCH for sewage leaks

    March 15, 2023

    The Environment Agency (EA) should not be issuing penalties of £250m to water companies which dump sewage, its chairman has said.

  • Budget exclusive: Hunt weighs up price floor on windfall tax over fears key North Sea project could collapse

    March 14, 2023

    The government is weighing up plans to bring in a windfall tax price floor amid fears Equinor could pull out of a key oil and gas field.

  • Centrica anticipates power boost as EDF extends lifespan of ageing nuclear fleet

    March 14, 2023

    British Gas owner Centrica expects to boost its electricity generation following EDF's decision to expand lifespan of two nuclear plants.

  • Big Six energy firms ‘asleep’ and should be worried, Yu Group chief warns after record profits

    March 14, 2023

    The Big Six are “asleep” and should be worried about challengers scooping up their customers, argued the boss of Yu Group.

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