‘Fossil fuel rollercoaster’: Government plans energy price shake-up as Miliband ‘doubles down’ on renewables April 21, 2026 UK households could see their electricity bills fall after the government unveiled measures to end the pricing system’s relationship with volatile gas prices and fossil fuels. Energy secretary Ed Miliband is set to overhaul the system in a major intervention to sever the link between the prices of electricity to gas, which has long been [...]
Energy crisis: Britain could be sitting on a second North Sea April 21, 2026 Onshore shale gas could provide cheap, abundant energy not dependent on Russian oligarchs or subject to the whims and fancies of Donald Trump. But as with so many areas, it’s being held back by of eco-zealotry, Nimbyism and an inability to simply get things done, says Emma Revell That Britain needs to solve its energy [...]
‘No more Mr Nice Guy’: Oil prices spike as Trump renews Iran power plant threats April 20, 2026 The price of oil has been driven higher by the latest round of escalations in the Middle East renewing fears of a drastic global energy shock. Brent crude – the international benchmark for oil prices – jumped over six per cent on Monday morning to over $96. It follows a weekend of tensions where shipping [...]
Rachel Reeves to meet Lloyds and Natwest chiefs over Iran war April 20, 2026 Rachel Reeves has called in the bosses of Britain’s top banks for a summit this week to discuss the economic impact of the war in Iran. The Chancellor has invited executives from Barclays, HSBC, Lloyds, Natwest, Santander UK as well as the UK’s biggest building society Nationwide for a meeting this Wednesday. The meeting – as [...]
FTSE 100 Live: Stocks slump on renewed Iran threats; UK to be ‘pushed to brink’ of recession April 20, 2026 Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a fresh round of volatility. The mood ended last week on a high following the re-opening of the Strait of Hormuz but that sentiment was quickly squashed over the weekend as tensions renewed. Shipping in the Strait of [...]
Energy price cap: Household bill spike could be lower than originally feared April 17, 2026 The household energy price cap is expected to rise by a lower amount than originally feared despite price volatility caused by the Iran war, according to the latest forecasts. The cap is expected to be £196 lower according to Cornwall Insight, who confirmed its prediction for Ofgem’s cap now stands at £1,837 for a typical [...]
Shadow energy secretary: Reeves’ subsidies mean nothing without tax cuts April 17, 2026 It is the cost of systems, not electricity, that is driving up businesses' energy bills, writes shadow energy secretary Claire Coutinho.
Octopus CMO Rebecca Dibb-Simkin: I was warned against joining an energy startup April 16, 2026 Octopus CMO Rebecca Dibb-Simkin takes us through her career, from being warned off energy startups to her love of Greggs chicken bakes.
Why Britain is the sick man of the global oil shock April 16, 2026 Britain's indecisiveness leaves the country dangerously exposed to further oil price shocks, writes Mykola Kuzmin.
Britain’s energy future is bright – but we still need Ed Drilliband April 15, 2026 Amid soaring oil prices and growing fears of jet fuel shortages, it feels as though Britain is trapped in an energy permacrisis of its own making. So here’s a note of optimism to counter the doom and gloom: Britain has a bright energy future ahead of it. A few examples: Nuclear power output is going [...]