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      Hold interest rates but ‘sound hawkish’, City AM Shadow MPC tells Bank of England

      Andrew Bailey, Governor of the Bank of England, with the Bank of England building and Union Jack flag in the background

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Energy

  • Coutinho: Firms to be given more rooftop space for solar

    October 2, 2023

    Businesses will be able to use more of their rooftops to generate solar power to reduce the technology’s presence in the countryside.

  • UK industry risks falling foul of EU’s new carbon tax

    October 2, 2023

    British businesses selling into the European Union are unprepared for the bloc's new carbon tax and run the risk of penalties.

  • Water firms to sort sewage – but it’ll be billpayers who have to pay

    October 2, 2023

    Water companies have unveiled a £96bn investment plan to tackle sewage overflows and upgrade their network - but Brits will pay for it

  • UK small nuclear competition: Rolls Royce in, Bill Gates snubbed

    October 2, 2023

    Bill Gates' nuclear reactor design company Terrapower has not been shortlisted for the next round of the government's SMR competition.

  • UK tax climate putting a block on renewable projects, energy boss warns

    October 2, 2023

    The government needs to reduce the tax burden on renewable producers or risk more companies pulling out of projects.

  • BP former boss Bernard Looney accused of promoting women from undisclosed romantic relationships

    October 2, 2023

    Former BP boss Bernard Looney faces allegations he promoted women he was romantically involved with, according to the Financial Times.

  • Water industry woes make future challenges harder to fix

    October 2, 2023

    The water industry is a national disgrace, making the tough choices it has to make over investment and water shortages even more difficult

  • Centrica’s share price suffers as analysts tell investors to take profits

    October 1, 2023

    Centrica begins trading this week having suffered a sharp fall in its share price, with analysts calling on investors to cash in profits.

  • Oil markets confirm massive quarterly gains as OPEC+ sustain hefty supply cuts

    October 1, 2023

    Oil markets have consolidated massive rallies over the third quarter of this year, powered by hefty output cuts from OPEC and its allies.

  • Ofgem’s energy price cap to fall – amid concerns households will pay 13 per cent more than last winter

    September 29, 2023

    A fall in Ofgem’s energy price cap takes effect this weekend amid concerns households could still end up paying around 13% more than last winter. The regulator announced in August that the cap on a unit of gas and electricity would reduce the average bill from £2,074 to £1,923 for the three months from October [...]

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