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      Reform UK tax cut pledge raises doubts 

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Energy

  • Coinbase to layoff 20 per cent of staff as crypto market declines 

    January 10, 2023

    Coinbase Global Inc COIN.O said on Tuesday it will reduce its workforce by about 20 per cent, or 950 employees.

  • Npower urges Government to help businesses cut energy use

    January 10, 2023

    The Government needs to offer more support for businesses looking to boost their energy efficiency, argued Npower.

  • Goldman Sachs warns EU risks clean energy exodus as US lures investment

    January 10, 2023

    Europe risks an exodus of clean energy investment to the US, unless it brings in its own inflation strategy, warns Goldman Sachs.

  • Sadiq Khan hammers Hunt for slashing support for businesses grappling with sky-high energy bills

    January 9, 2023

    Sadiq Khan has urged Hunt to reconsider its plan to drastically cut support in energy bills, fearing an uncertain future for businesses.

  • Struggling Britishvolt in talks with investors about buying majority stake

    January 9, 2023

    A consortium of investors are in talks to buy a majority stake in Britishvolt, offering the troubled battery start-up a much-needed lifeline.

  • Shell weighs up UK investment plans as windfall tax bites

    January 9, 2023

    Shell is still considering whether to cut back on future energy projects in the North Sea, after the windfall tax was hiked.

  • Nuclear boss urges govt to back small modular reactors with ‘pace and urgency’

    January 9, 2023

    The head of the UK's leading nuclear body has urged the Government to pursue SMRs with "pace and urgency."

  • EDF Energy backs Ofgem reforms as Centrica makes fresh ringfencing push in bid to ‘protect’ consumer balances

    January 8, 2023

    EDF Energy has backed Ofgem’s plans to toughen financial requirements for suppliers - which stop short of full ringfencing.

  • Gas prices down 20 per cent in last week but what does it mean for your energy bills?

    January 6, 2023

    The average price of gas in the UK has fallen by 20 per cent in the last week, but Ofgem said it would have a “limited” impact on bills. Despite the drop, which is compared to the average price from February 2020, pre-Covid, the price of gas was still up one per cent on last [...]

  • Pubs: As record number predicted to go bust in 2023 hospitality guru urges gov to lift sector from ‘the abyss’

    January 6, 2023

    A record number of pubs, clubs and restaurants could go to the wall this year without more support, warned a leading industry voice.

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