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Energy

  • Exclusive: Yü Group boss hopes to pick ‘low hanging fruit’ from Big Six suppliers

    March 23, 2022

    The Big Six energy firms are asleep at the wheel, meaning challenger suppliers have a great chance to pick up new customers.

  • Soaring energy bills cause hospitality businesses to raise prices and cut opening hours

    March 23, 2022

    Spiralling energy bills are forcing hospitality businesses to raise prices and cut trading hours, says a new survey from four UK trade bodies.

  • Total severs Russian oil supply contracts

    March 22, 2022

    French oil giant TotalEnergies said it would cut off the Russian gasoil and crude oil supply contracts for its German refinery today.

  • Oil rally stalls as EU remains split on sanctions

    March 22, 2022

    Oil prices stumbled today as the prospect of an EU embargo on Russian oil faded - while the dollar also strengthened in the US.

  • Bosses at UK arm of Russian energy giant Gazprom seek to buy it out as insolvency looms

    March 22, 2022

    Bosses at the UK arm of Russian energy giant Gazprom have made a bid to buy it out, as sanctions against its parent company threaten to make it insolvent. Manchester-based Gazprom Energy, which supplies more than a fifth of gas used by UK companies, has been left just days from needing a government bailout through [...]

  • Households turn to solar panels and smart meters to tackle rising energy bills

    March 22, 2022

    Solar panels and smart meters have gained traction with households hoping to cut energy bills, according to search data from eBay UK.

  • Energy giants face EU windfall tax

    March 22, 2022

    Energy giants could be hit with a windfall tax from the EU - with the trading bloc weighing up a temporary levee amid high profits.

  • Cotton and wheat prices rebound as fears of supply shortages mount

    March 22, 2022

    Cotton price soared to 131.7 cents per pound yesterday - its highest level since June 2011, with robust demand from China.

  • Going Nuclear: Can Boris Johnson really ramp up nuclear power?

    March 22, 2022

    Nuclear power requires a clear strategy - with an established pipeline of funding - to contribute to the UK's energy strategy.

  • FSB urge Chancellor to ease pressures on businesses ahead of Spring Statement

    March 22, 2022

    FSB calls on Sunak to cut fuel duty, help micro-businesses with energy bills and increase employment allowance to £5,000.

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