Ineos Energy favours US and Denmark expansion as Britain puts ‘pain’ on industry July 1, 2024 The chief executive of Ineos Energy has said the business will prioritise expansion in the US and Denmark over Britain, arguing that the country's politicians have put "pain" on the oil and gas sector.
FTSE 100 today: London markets to trade cautiously ahead of July 4 election July 1, 2024 Asian stocks mixed, euro strengthens on French election, yen weakens post-Japan GDP downgrade; focus on French, UK elections, US jobs data.
Ovo Energy mulls sale as bankers set to be brought in June 30, 2024 Ovo Group, the UK's fourth largest energy supplier, may be bringing in bankers to explore possibilities including new investors or a sale.
Thames Water warns ageing assets could ‘pose a risk to public safety’ June 28, 2024 Thames Water has warned that it has £19bn in assets that could "pose a risk to public safety" in a report to Ofwat outlining the embattled water supplier's five year business plan.
FTSE 100 today: London markets to trade cautiously ahead of US PCE inflation June 28, 2024 Asian stocks rose ahead of US inflation data; the yen fell to 161/$, London markets eye UK Q1 GDP for direction.
General Election 2024: Can Labour really hit net zero? June 27, 2024 With the election just one week away, Labour’s pledge to “make Britain a clean energy superpower” has sparked a debate on whether or not their net zero scheme is actually achievable. Sir Keir Starmer revealed that Labour’s transition team is considering setting up an office for Net Zero, should they win the election, in order [...]
FTSE 100 today: London markets set to extend losing streak for third consecutive day June 27, 2024 Asian stocks fell and the yen slump triggered market intervention alerts. All eyes are on US economic data and the Biden-Trump debate.
Drax Group to sell 90,000 metre points to EDF Energy June 26, 2024 British power firm Drax has announced it will sell up to 90,000 customer meter points to EDF Energy after a strategic review of its energy supply business.
FTSE 100 today: London markets brace for cautious trading ahead of US inflation and election June 26, 2024 Asian markets traded mixed despite Wall Street closing higher, with Nvidia climbing over 6 per cent. Focus on US new home sales.
FTSE 100 today: London markets set for muted open ahead of US PCE inflation June 25, 2024 Asian markets quieted post-Wall Street tech sell-off, with Nvidia falling 6.68 per cent. All eyes are on US house price data and Fedspeak.