UK has insured £102bn worth of Russian oil despite sanctions January 24, 2024 A former Cabinet minister has called on the insurance industry to think on its obligations after it was revealed that UK firms have insured over €120bn worth of Russian oil.
UK commits £1.3bn to finish off Sizewell C as Supreme Court challenge mounts January 23, 2024 The government expects to reach a final investment decision on Sizewell C this year
Macron persuades high-tech London firm to ditch UK for France for major project January 22, 2024 Newcleo chief executive Stefano Buono said French president Macron personally lobbied the company
Blow for British Steel as auditor quits after just a year January 21, 2024 The firm responsible for auditing British Steel’s accounts has walked away from the Chinese-owned steelmaker after it was unable to verify stock worth tens of millions of pounds.
Tata Steel: Unions warn they will take action to preserve steel making at Port Talbot January 20, 2024 Unions have stepped up warnings of industrial action in response to job losses at the country’s biggest steel plant.
What are ‘green skills’ and does the UK need to ramp them up? January 20, 2024 The UK needs to ramp up its green skills training or risk falling behind in the green transition, according to fresh research, but there is also caution over so-called ‘green skills washing’. The rallying call was made following new research from Economist Impact and electricity company Iberdrola, which finds that a large proportion of the UK workforce is [...]
Schroders Greencoat to pay £700m for Toucan in back-door Thurrock Council refund January 19, 2024 Schroders Greencoat is expected to buy up insolvent solar energy firm Toucan Energy next week, reports suggest.
Tata confirms 2,800 jobs will be culled in green shift for UK steel plant January 19, 2024 Tata will replace existing blast furnaces with electric arc furnaces
Efficacy of new oil and gas licenses in doubt ahead of key MPs bill debate January 19, 2024 Global Witness figures show UK production has fallen 60 per cent during a time when 1,680 new exploration licenses were granted.
Endeavour CEO has £22.8m pay packet withdrawn for alleged ‘serious misconduct’ after firing January 19, 2024 Sebastien de Montessus was ousted earlier this month for authorising and failing to disclose a £5m irregular payment.