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Energy

  • ‘Warning lights flashing’ as UK risks missing out on £450bn energy market

    March 26, 2024

    OEUK said that any argument for windfall taxes on oil and gas firms has disappeared with energy prices having returned to pre-Russia-Ukraine war levels.

  • Ofgem price cap: The time of day your household uses energy could impact future bills

    March 25, 2024

    A "more dynamic" price cap could be introduced by Ofgem based on the time of day households use their energy, it has been revealed.

  • Iberdrola puts UK second in its green investment plans with £12bn tranche

    March 21, 2024

    Spanish energy giant Iberdrola is set to send more green energy investment to the UK than Spain, Germany, France and Australia combined. The group today revealed that it will be sending £12bn over the next three years to the market, the second largest allocation in a £35bn tranche that will also see the creation of [...]

  • Tories and Labour increasingly believe going green won’t win votes

    March 12, 2024

    Tory plans to back gas power stations and Labour's decision to scale back its £28bn green pledge suggest both parties increasingly believe going big on green initiatives won't win them votes at the next election.

  • Production up, revenue down as Tullow Oil hit by oil price correction

    March 6, 2024

    The Africa-focused group saw revenue drop on the year prior weighed down by a weaker oil price.

  • Telecom Plus has no plans to slow down after signing up millionth customer

    March 6, 2024

    The FTSE 250 listed company, which provides energy, broadband, mobile and insurance services through one account, made the announcement to markets this morning.

  • Green AI Carbon platform AIMs for London listing amid lack of confidence in market

    March 4, 2024

    Carbon Done Right is hoping to become the first vertically-integrated carbon project developer.

  • Chris Packham to bring judicial review of government’s net zero rollback

    March 4, 2024

    Chris Packham has been granted permission for a judicial review of the government’s decision to reverse some of its green policies.

  • Caffè Nero creates over 1,000 jobs as sales jump by £100m

    March 1, 2024

    The group behind Caffè Nero created more than 1,000 jobs as its sales surged by more than £100m during its latest financial year, according to new documents.

  • Losses neared £70m at group behind kitchen maker Magnet due to cost-of-living crisis

    February 28, 2024

    Almost £70m was lost by the group behind kitchen maker Magnet after being hit by "unprecedented" inflation, "elevated" energy prices and "notably subdued markets" due to the cost-of-living crisis.

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