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Energy

  • 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.

  • FTSE 100 today: London markets set to extend Friday’s losses, echoing weak global lead

    June 24, 2024

    Asian stocks dip on China-EU trade worries; gold rises on lower Treasury yields. Focus is on US PCE inflation and the US presidential debate.

  • Octopus to repay £3bn of Bulb nationalisation costs after supplier’s collapse

    June 21, 2024

    Octopus Energy will pay the UK government an early £3bn windfall after the company promised to reimburse all the public funds it received to take over the collapsed energy supplier Bulb.

  • FTSE 100 today: Blue-chip index set to break five-week losing streak

    June 21, 2024

    Asian markets declined alongside Wall Street, while gold aimed for a second weekly gain. All eyes are on global PMI data and UK retail sales.

  • FTSE 100 today: Blue-chip index set for higher open; potential BOE dovish surprise could spark a rally

    June 20, 2024

    Asian stocks paused after a brief rally, while gold climbed to a one-week high. All eyes are now on the Bank of England's policy decision.

  • FTSE 100 today: British stocks poised for decline if UK May inflation surprises to the upside

    June 19, 2024

    Asian markets surged with Wall Street hitting record highs. Focus on UK May inflation and the Bank of England policy decision.

  • Round two: Water firm seeks to appeal Ofwat penalties decision

    June 18, 2024

    Northumbrian Water is back in court today as it seeks to overturn a ruling in favour of Ofwat decision regarding penalties for supply interruptions

  • FTSE 100 today: London markets to open higher amid firm global cues

    June 18, 2024

    Asian stocks mirrored Wall Street's gains. Focus on US retail sales, Fed officials' speeches, UK inflation, and Bank of England decision.

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