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      Thames Water creditors offer ‘best and final’ rescue funding deal

      Thames Water creditors have made a last-ditch offer for a rescue deal.

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Energy UK

  • Tony Blair calls on Labour to ditch key net zero target

    Energy

    Tony Blair’s think tank has called for the government to ditch its 2030 clean power target as it urged the Labour government to focus on making electricity cheaper in order to persuade Brits to use it over gas.  In a report published by the Tony Blair Institute (TBI), researchers called for the government to “solve” [...]

    Breaking news update on current events with focus on general news topics for a diverse audience
  • Cut taxes for BP and Shell to protect UK from Trump’s trade war, Rachel Reeves told

    Energy

    Oil giants such as BP and Shell who operate in the North Sea should be given huge tax breaks to help protect the UK against Donald Trump’s burgeoning trade war, Chancellor Rachel Reeves has been told. Aberdeen & Grampian Chamber of Commerce is calling on the UK government to reduce the 78 per cent tax [...]

    A chamber of commerce in Scotland has called on Rachel Reeves to cut taxes for BP and Shell. (Photo by Leon Neal/Getty Images)
  • National Grid set to profit from Hunt’s full-expensing tax relief scheme

    energy

    The National Grid has said that it expects to report higher earnings in its full-year results on 23 May, due to new reporting methodology.

    Sir Keir Starmer's government has prioritised investment data centres as a major pillar of its plans to boost economic growth.
  • Why this week’s wind power auction could be a make-or-break moment in the UK’s net zero journey

    March 27, 2024

    The success of Auction Round Six is vital to the UK's net zero ambitions

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  • Revolut to IPO above $100bn, says former licence boss

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