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      Reform UK tax cut pledge raises doubts 

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Energy

  • UK green hydrogen plant plans unveiled by global giant Lhyfe

    February 27, 2024

    Plans for a green hydrogen plant in the North East of England have been unveiled by global giant Lhyfe.

  • Without reform, the UK will sleepwalk into another cost of living crisis

    February 27, 2024

    Decades of complacency got us into the cost of living crisis, and we'll face another one if we don't change our ways, writes Adam Hawksbee.

  • Hydrogen power firm Geopura to create hundreds of jobs after £56m investment

    February 22, 2024

    Hydrogen power company GeoPura has secured a £56m investment which will help create hundreds of jobs, it has been announced.

  • UK’s largest nightclub operator Rekom owed over £120m as it collapsed into administration and cut 470 jobs

    February 19, 2024

    The UK's largest nightclub operator owed more than £120m as it collapsed into administration and cut almost 500 jobs before a rescue deal was agreed.

  • Top energy firms to hold crisis talks on Labour’s windfall tax plans

    February 19, 2024

    Major oil and gas firms are set to hold crisis talks this week to discuss concerns about Labour’s windfall tax plans for the sector.

  • Brits to get ‘much-needed respite’ with energy price cap to drop by 15 per cent

    February 16, 2024

    It said the cap will keep going down until July, which is also due to the seasonal change, causing less Brits to use oil and gas for heating especially.

  • Ithaca Energy scales back North Sea investment due to energy windfall tax

    February 15, 2024

    Ithaca Energy said today that its full-year earnings would be in line with its guidance, as the firm grapples with a sinking stock price. The North Sea oil and gas producer said 2023 production had been 70.2 thousand barrels of oil equivalent per day, matching expectations of 78-74. Last month, the firm’s chief executive Alan [...]

  • Low power, please charge: Battery storage troubles leave investors on the hook

    February 15, 2024

    A number of battery storage investment trusts are struggling. Is this just a bump in the road or the beginning of the end?

  • Profits fell at green tech start-up Myenergi ahead of major job losses

    February 12, 2024

    Profits were cut at smart home start-up Myenergi ahead of the HSBC-backed company slashing more than 100 jobs, it has been confirmed.

  • Diamonds aren’t forever – Anglo American mulling impairment charge over struggling De Beers

    February 8, 2024

    De Beers couldn't turn a profit through the second half of last year (Photo by Alexander NEMENOV / AFP) (Photo credit should read ALEXANDER NEMENOV/AFP/Getty Images)

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