Takeover deal for UK Power Networks collapses after owner raises £15bn price tag July 4, 2022 The proposed takeover of Britain’s largest electricity distributor by a consortium led by KKR and Australia’s Macquarie.
Russian energy squeeze pushes Uniper to the brink July 4, 2022 The German government could acquire a stake in troubled energy giant Uniper, amid escalating energy prices and tensions with Russia.
RAC urges Government to provide more support to UK drivers as petrol prices climb to new highs July 4, 2022 The RAC has urged the Government to provide more support for drivers, as petrol prices climbed to fresh records this weekend.
Backing fracking? Landmark report could resurrect lost industry this week July 3, 2022 The revival of domestic fracking could be finalised this week, as Downing Street scrambles to boost domestic energy supplies.
Gove set for decision on Cumbrian coal mine July 3, 2022 The UK's first deep coal mine in more than thirty years could be given the green light this week, with Michael Gove weighing up a decision.
Miserly OPEC and embattled Norwegian offshore workers exacerbate oil supply pressures July 3, 2022 Oil prices recovered ahead of trading this week, arresting a slump driven by recession fears with a two per cent plus uptick across both benchmarks.
British Gas owner Centrica begins dividend balancing act amid record household energy bills July 3, 2022 British Gas owner Centrica is expected to confirm its post-pandemic rebound with mega profits in its upcoming half-year results last this month.
Factories braced for energy rationing this winter amid fears Russia could turn off the taps July 3, 2022 Energy rationing could be on the cards this winter, with British factory owners suffering constraints to their energy supplies.
Businesses exposed to deepening energy crisis warns Cornwall Insight July 3, 2022 The "cost of living crisis" could escalate to a "cost of doing business" crisis this winter, warned energy specialist Cornwall Insight.
Energy firms warned by watchdog to improve record low customer service standards July 3, 2022 Citizens Advice has called on energy firms to improve their customer service levels ahead of expected rises in the price cap and the cold winter months.