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Energy

  • 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.

  • FTSE 100 today: London markets set to open lower as global sentiment deteriorates

    June 17, 2024

    Asian stocks fell due to weak Chinese data and concerns over a political crisis in France. Focus on the Bank of England's policy decision.

  • FTSE 100 today: London markets set to rebound, but fifth consecutive weekly losses loom

    June 14, 2024

    Asian stocks slipped amid rising Europe-China trade tensions. The BOJ maintained rates. Eyes on US consumer confidence and import prices.

  • FTSE 100 today: London markets set to open lower amid reduced US Fed rate cut bets

    June 13, 2024

    Asian markets mirrored Wall Street gains, Broadcom surged on a raised revenue forecast. Eyes on US producer prices and Treasury auctions.

  • British Gas owner Centrica helps back £300m UK energy first

    June 13, 2024

    Centric, the owner of British Gas, has helped raised £300m for the first commercial-scale liquid air energy storage (LAES) plant in the UK.

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