Brick Lane curry houses could ‘go bust’ due to net zero push hospitality The drive to reach net zero has transformed the way most Brits live. But when Brick Lane restaurant owner Guljar Khan opened his first curry house with his brother more than two decades ago, he never imagined that it might one day change the way tandoori chicken is cooked. Khan has seen his mini empire [...]
Grid connection for clean energy firms to be fast-tracked, ministers say Politics Grid connections for businesses delivering clean energy are to be prioritised, ministers have said. The government has said so-called ‘zombie projects’ which hold up the queue for National Grid connectivity are set to be axed from the waiting list. While industries including data centres and AI, wind energy and solar projects will be accelerated for [...]
UK government plans to end North Sea windfall tax Business British oil and gas drillers could face a new tax regime following the energy crisis, which pegs levies to fluctuations in global oil and gas prices. The mechanism is intended to replace the notorious “windfall tax” and was outlined in a consultation on the North Sea published on Wednesday. The consultation also seeks to unravel [...]
Ex-BP boss says Labour is ‘ignoring’ UK’s energy needs November 12, 2024 The new government’s decision to divest from North Sea oil and set up a state-owned renewable energy company is the “last thing” it should be doing, the former chief executive of BP has said. Bob Dudley, who ran the British petrochemical giant BP for ten years, told City AM that energy secretary Ed Miliband was [...]
Neo Energy slows down £900m North Sea project due to windfall tax September 2, 2024 One of the North Sea’s largest oil and gas project has been plunged into uncertainty after its operator announced it was slowing down investment in light of “fiscal and regulatory uncertainty”. Neo Energy had planned to start work on the £900m Buchan project – expected to produce a peak of 35,000 barrels of oil a [...]
‘A complete fabrication’: Government denies claims Ed Miliband has banned new North Sea oil licences July 11, 2024 The government has been forced to deny reports that Ed Miliband has banned the North Sea oil regulator from issuing any outstanding drilling and exploration licences.
UK exits ‘outdated’ international energy treaty after talks break down February 22, 2024 Energy Secretary Claire Coutinho said staying within the treaty could "jeopardise" the UK's clean energy sector