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      New inheritance tax rules will drastically change pension use

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Energy

  • Hinkley Point C faces additional four-year multi-billion pound delay

    January 24, 2024

    Completion of the Hinkley Point C nuclear power plant has been delayed by up to four more years at the cost of billions of pounds, according to its manufacturers. France’s state energy company EDF, which operates all of the UK’s five active nuclear power stations, said the project’s launch date has been pushed from June [...]

  • Government ‘cannot currently’ tell if £22bn subsidy for biomass plants is genuinely green – watchdog

    January 24, 2024

    The Drax plant in North Yorkshire is the country's primary user of biomass

  • Rio Tinto ‘devastated’ as several employees dead in charter plane crash

    January 24, 2024

    The crash happened within the last 24 hours near the Canadian town of Fort Smith

  • 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.

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