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      City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

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Ed Miliband

  • Overhaul of planning barriers to nuclear power, Starmer announces

    February 6, 2025

    An overhaul of planning barriers to make it easier to build new nuclear power plants has been announced by Keir Starmer. The move will create thousands of highly skilled jobs, the government said, as the Prime Minister confirmed red tape would be “slashed” in a bid to fast-track approval of reactors. It is set to [...]

  • Is the government finally seeing sense on net zero?

    February 5, 2025

    The government has realised that planes will still take off, even in a lower carbon future, so they may as well do it from Heathrow. They should apply the same logic to fossil fuels and allow drilling in the North Sea, says Will Cooling The New Year has clearly brought with it new energy from [...]

  • Rosebank: Britain’s future ‘not in more oil and gas’, energy minister warns

    February 4, 2025

    The UK’s future “does not lie in more oil and gas”, an energy minister has told MPs, just days after a court ruled against consent for two new fields in the North Sea. A judge last week upheld a legal challenge by environmental campaigners against the decision to grant consent to two new oil and [...]

  • Davos: Reeves defends fiscal rules and says Heathrow expansion is ‘pro-growth’

    January 22, 2025

    Rachel Reeves has insisted the UK would continue to meet her “fiscal rules”, describing them as the “bedrock” of the stability she aims to restore to the economy and public finances. The Chancellor spoke at a Bloomberg event at the World Economic Forum in Davos, as the Office for National Statistics (ONS) said public sector [...]

  • Will Heathrow’s third runway plans be halted by Miliband, Khan and Burnham?

    January 21, 2025

    Heathrow Airport’s long-delayed third runway plans took a major step forward this week, after it was revealed the government is prepping to give the project its backing. Chancellor Rachel Reeves will outline her support for expansion bids from three major London hubs – Heathrow, Gatwick and Luton – in a speech later this month, according [...]

  • Can you match the quote to the MP who said it in 2024?

    December 30, 2024

    From election campaigning, to Labour’s first months in office, 2024 has been chock-full of memorable political moments. And for our politicians, the past 12 months have seen some memorable quotes enter the record books too. Take a look back at our 2024 quotes quiz and test your political memory.

  • Finance deal remains elusive at Cop29 as UN climate talks stretch into overtime

    November 23, 2024

    Countries have worked through the night to broker a deal on climate finance at the UN climate summit as negotiations stretched into overtime. Patience is wearing thin on the ground at Cop29 in Azerbaijan as negotiations in the host city, Baku, hit a deadlock again on Saturday afternoon – almost 24 hours after the summit [...]

  • Miliband tells Cop29: clean energy transition ‘economically right’ for UK

    November 22, 2024

    The transition to clean energy is “unstoppable” and the “economically right thing” for the UK, the energy secretary has argued at the Cop29 climate conference. Britain wants to see a deal at the UN climate conference, hosted in Azerbaijan, that “accelerates the clean energy transition,” Ed Miliband has said. Speaking in the capital of Baku, [...]

  • Ofgem: Energy price cap to rise by £21 to £1,738 a year on average

    November 22, 2024

    The UK’s energy price cap is set to rise by £21 for an average household, taking a standard yearly bill to £1,738, Ofgem has said. The energy regulator opted to announce a 1.2 per cent hike in the cap for the period January to March 2025 – or £1.75 a month, on average. It sets [...]

  • GB Energy given five years to turn a profit

    November 20, 2024

    The boss of Great British Energy has been given a five-year target for Labour’s flagship state-owned energy company to become “profitable”, MPs have been told. Juergen Maier, who was appointed chairman of GB Energy in June, was asked at the Commons energy security and net zero committee whether he had a timeline on profitability. He [...]

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