Ofgem to suspend forced prepayment meter switches after British Gas break-ins February 2, 2023 Ofgem will tell suppliers to suspend all warrants forcing customers to switch to prepayment meters, City A.M. has learned.
Capricorn Newmed merger hits the rocks as activists win boardroom battle February 2, 2023 Capricorn Energy's proposed merger with Newmed has all but collapsed, after Palliser secured all six of its nominees on to the new board.
Shell caps off bumper trading year with record £32.2bn profits February 2, 2023 Shell capped off a highly lucrative year of trading with bumper fourth quarter earnings of £7.9bn - with full year profits of £32.2bn.
The Adani Group: How the Indian giant lost $90bn in market value in just a week February 1, 2023 Gautam Adani's business empire has suffered a $90bn loss in value after a US short seller accused his conglomerate of fraud.
Natwest calls for stamp duty rebate to fund green home improvements February 1, 2023 The government should offer a rebate on stamp duty to fund energy efficiency plans for new homeowners, argues Natwest.
Britishvolt: Greybull ramps up bidding frenzy for collapsed battery start-up February 1, 2023 A new potential eleventh hour bidder has emerged for Britishvolt. as suitors circle the troubled battery start-up ahead of today's deadline.
Octopus swallows £150m loss from rising energy bills before Bulb buy-out customer boom February 1, 2023 Octopus has reported another year of losses after the supplier opted to swallow a £150m bill in rising wholesale costs.
Bulb takeover will only cost taxpayer £260m, says Octopus Energy February 1, 2023 Octopus Energy's takeover of Bulb could cost the taxpayer considerably less money than previously estimated, the firm told City A.M.
Ofgem boss warns over declining appeal of UK’s energy sector for suppliers January 31, 2023 Shell's potential exit from the energy retail market raises questions over the industry's attractiveness for businesses, warned Ofgem.
Government must support semiconductor sector with funds to ward off overseas buyers, says Pragmatic boss January 31, 2023 It is cheaper to produce semiconductors “anywhere else in the world” compared to the UK, warned Pragmatic boss Scott White.