Retailers urge UK to issue food security plan after last ammonia plant shutters August 22, 2023 The government must come up with a long-term strategy to protect food supplies after the closure of the the UK's last remaining ammonia plant.
Ofgem demands Ovo Energy tackles unresolved customer complaints August 21, 2023 Ofgem has ordered one of the UK's largest energy firms to improve its customer service after 'serious' concerns were raised.
Gas prices spike as Australian LNG workers vote for strike action August 21, 2023 Gas prices have risen across the continent this morning after labour unions in Australia announced plans to strike in less than two weeks/
Gold prices slump ahead of Federal Reserve’s Jackson Hole symposium August 21, 2023 Gold prices have failed to revive in this morning's trading, with investors awaiting the mood music from a key central bank summit later this week.
Polymetal hopes for Russian asset sale within six months August 21, 2023 Polymetal plans to sell its Russian business within six months, with mining groups from the country and Chinese investors among the potential suitors.
Ofgem cannot fix the energy market unless ministers scrap the price cap August 21, 2023 Ofgem will struggle to fix the crisis-hit energy market unless the price cap is reformed, or even scrapped.
Seven week oil rally ends as demand concerns in China sees prices stall August 20, 2023 This year's longest rally in oil prices has finally stalled, with both benchmarks faltering for the first time since swingeing OPEC cuts.
Household energy bills to stay high into next winter despite price cap dip August 20, 2023 Households energy bills will remain above pre-crisis levels, despite Ofgem being set to announce a fall in the price cap this winter.
Banks to snub Treasury meeting as UK oil and gas sector struggles for financing August 20, 2023 The UK’s oil and gas sector faces the growing prospect of a cash crunch, with the Treasury’s latest attempts to lure lenders unlikely to succeed.
Energy bills expected to fall £150 a year from October, say analysts August 18, 2023 The amount that an average household is expected to pay for its energy bills will fall by around £150 per year from the start of October, according to a new forecast. Ofgem’s next price cap, which will be announced on Friday next week, will drop to around £1,925, according to the latest forecast from Cornwall [...]