North Sea oil and gas operators warned of ‘tsunami’ of industrial unrest March 20, 2023 North Sea oil and gas operators are being warned of industrial unrest after workers voted to strike over jobs, pay and conditions.
Ofwat clamps down on dividend payments for water suppliers who won’t clean up their act March 20, 2023 Ofwat will be able to stop the payment of dividends if they risk the financial resilience of water companies.
LME delays reopening of Asian trading after finding bags of stones instead of nickel March 20, 2023 The London Metal Exchange has postponed the resumption of nickel trading during Asian hours by a week to March 27.
Ofwat and the Environment Agency must have the willpower to fix the water industry March 20, 2023 The heads of both leading watchdogs for the water industry were grilled in Parliament last week by MPs, amid concerns over sewage leaks.
‘They have not done anything’: Hunt slammed for failing to back solar energy in Budget March 19, 2023 The government should have prioritised boosting renewable energy such as solar power, argued the boss of a British energy supplier.
Banks, bonds, inflation, recession and energy: Five lessons the markets taught us this week March 17, 2023 The third week of March proved to be a rollercoaster for the world’s investors, with a rout on banks and the spectre of inflation, recession and the growing cost of living making their presence felt. These themes may indeed play on in future, so here are the five lessons we’ve learned from the markets this [...]
Gold price rallies as safe haven asset is boosted by contagion from US banking fallout March 17, 2023 Gold prices continue to rise as investors look for safe haven assets amid fears of further market volatility in the US banking sector.
Oil prices show signs of recovery after banking crisis subsides and commodity investors reassured March 17, 2023 Oil prices suffered their biggest weekly falls since December as a banking crisis rocked financial markets and spooked investors.
Rolls-Royce wins funding to develop nuclear reactor for Moon exploration March 17, 2023 Rolls-Royce has received £2.9m funding from the UK Space Agency to develop a nuclear reactor for a Moon base.
Ofgem smacks supplier with £2.1m mega-fine for overcharging customers March 17, 2023 Ofgem has slapped United Gas & Power with a hefty £2.1m fine after determining it had breached its licence conditions.