‘The government aren’t the experts’: Liberal Democrats vow to push back controversial Pension Schemes Bill
Boris Johnson exploits anti-Russia sentiment to put blame for rising energy bills solely on Moscow April 7, 2022 Prime Minister Boris Johnson said rising energy bills “absolutely soared” after Vladimir Putin’s invasion of Ukraine. “We just can’t carry on like this,” he said in a social media video promoting his new energy strategy. The plan has been criticised for not saying enough about tackling high bills now, instead focusing on longer-term shifts in [...]
Energy strategy will not resolve cost of living crisis April 7, 2022 A new dawn for the UK’s energy sector will be unveiled today, when the Prime Minister finally announces the country’s energy strategy.
UK announces ban on Russian coal April 6, 2022 The UK will phase out Russian coal imports by the end of the year, as part of a new co-ordinated round of sanctions.
Energy conflict: EU unveils plans to seize Russian energy revenues April 6, 2022 Economic warfare between Russia and the West escalated yesterday, after the EU announced plans to seize Russian energy revenues.
National Grid partly nationalised in energy shake up April 6, 2022 The National Grid will no longer be responsible for keeping the country's electricity and gas flowing as part of a government shake-up.
Johnson Matthey secures £400m loan for UK hydrogen push April 6, 2022 Johnson Matthey (JM) have been given a £400m loan from the government to boost research and development in sustainable technologies.
Hungary for gas: Orban ready to pay in roubles April 6, 2022 Hungary is prepared to pay in roubles for Russian gas, confirmed Prime Minister Viktor Orban, despite the West's opposition to the move.
EU plans to seize Russian energy revenues as conflict escalates in Ukraine April 6, 2022 The European Union (EU) is planning to seize a portion of Russian energy revenues to pay for the future rebuilding of Ukraine.
Battery giant Gresham House Energy Storage Fund records soaring revenue of 170 per cent April 6, 2022 Battery storage giant Gresham House Energy Storage has recorded soaring revenue of 170 per cent for 2021, with £80.4m of profit. Publishing its third annual set of results since listing on the London Stock Exchange, it announced EBITDA (earnings before interest, taxes, depreciation, and amortiSation) of more than £42m, up 172 per cent. This comes [...]
LGIM calls for more mining sector funding to meet net zero goals April 5, 2022 Funding for the mining industry will have to be ramped up to ensure the successful decarbonisation of global economies, warned LGIM.