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      BP shares down: What is going on at the oil giant?

      BP said it expects gas marketing and trading to be "weak" in the first three months of 2025.

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Conservative

  • Labour to hold fire on ‘fish disco’ nuclear power reform due to ‘legal advice’

    November 25, 2025

    The Labour government is set to hold fire on pushing through sweeping reforms to nuclear energy due to a legal adviser’s concerns over the “UK’s environmental, trade  and human rights obligations”, it has been reported.  The Innovate UK member John Fingleton published a damning report on red tape blocking the expansion of the country’s nuclear [...]

  • Kemi Badenoch welcomes Javier Milei on Falkland Islands ‘competition’

    November 13, 2025

    Tory leader Kemi Badenoch has said she found it “fascinating” that Argentinian president Javier Milei wanted to make his country so great that Falkland Islanders would want to change nationalities. In a 15-minute speech to Latin American investors and academics, Badenoch praised the anarcho-capitalist leader for his austerity programme in Argentina that has lowered inflation [...]

  • George Osborne: Income tax hike is ‘easier’ option for Reeves

    November 5, 2025

    Former Chancellor George Osborne has said that hiking one of the three main taxes which Labour said they would not raise – income tax rates, VAT and national insurance – would be the “easier” option for Rachel Reeves to add significant revenue.  In an appearance before the Treasury Select Committee alongside former business secretary Vince [...]

  • North Sea oil and gas production decline labelled an ’emergency’

    November 5, 2025

    Tory leader Kemi Badenoch has declared an oil and gas “emergency” in the North East of Scotland as she pushes the Labour government to overturn its ban on new oil and gas licenses.  Badenoch has pledged to “get Britain drilling again” in a new campaign in partnership with the Scottish Conservatives. The announcement marks the [...]

  • Tories call for Starmer to sack Rachel Reeves

    October 30, 2025

    The Tories are calling for Keir Starmer to sack Rachel Reeves as Chancellor for breaking the law. In a ratcheting up of the political pressure on Reeves, the opposition party has said the Chancellor should be fired for failing to register her family home when she rented it out before moving to Downing Street. In [...]

  • Reform pledges £9bn welfare savings as Tories urged to apologise

    October 29, 2025

    Reform UK has laid out a smaller savings package on disability payments than one planned by the Tories as opposition parties vie to gain credibility on welfare reform.  Reform UK’s Lee Anderson, the party’s spokesman for welfare, set out plans on curbing personal independence payments (Pips) for under 25-year-olds and for people with “non-major anxiety”.  [...]

  • Net zero targets “are not helping” claims shadow energy secretary

    October 19, 2025

    Shadow energy secretary, Claire Coutinho, has claimed that Labour’s net zero targets” are not helping” the UK’s economy. In an interview with Sky News’ Trevor Phillips, Countinho linked the government’s climate targets to the ongoing cost of living crisis. She said: “We’ve said we would repeal the climate change target, and we actually think the [...]

  • Security adviser made ‘independent decision’ to use Labour policy in Chinese spy statement

    October 16, 2025

    A Labour minister has claimed the deputy national security adviser made an “independent decision” to use what appeared to be the political party manifesto’s wording in his witness statement provided to the the Crown Prosecution Service (CPS) regarding the alleged collapsed spying case.  Cabinet Office minister Chris Ward doubled down on political claims that the [...]

  • Starmer attempts to defuse China spy fiasco as tempers flare

    October 15, 2025

    Keir Starmer is looking to defuse a fiasco surrounding the collapse of an alleged Chinese spy case in parliament in the face of ongoing questions over whether national security advisers discussed the details of the case in private meetings.  Starmer told MPs at Prime Minister’s Questions on Wednesday that the government would release witness statements [...]

  • Labour dismisses ‘smears’ over Chinese spy case as top Tory calls defence ‘absurd’

    October 13, 2025

    A senior minister has dismissed accusations that the Labour government deliberately collapsed the Chinese spy case as being a “whole series of baseless smears.”  Security minister Dan Jarvis told parliament that the previous Conservative government’s failure to clarify definitions in the Official Secrets Act of 1920 led to the Crown Prosecution Service (CPS) dropping a [...]

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