Oil prices up three per cent to nine-week high on supply concerns July 8, 2023 Oil prices climbed about three per cent to a nine-week high on Friday as supply concerns and technical buying outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil. Brent futures rose $1.95, or 2.6 per cent, to settle at $78.47 a barrel, while U.S. West Texas Intermediate crude [...]
Coffey: Government has full confidence in water industry’s financial resilience July 6, 2023 Therese Coffey says she has “full confidence in the financial resilience” of the water industry, amid warnings Thames Water’s struggles are “not an isolated case”.
Brits overestimate costs of making homes greener July 6, 2023 Brits vastly overestimate both the cost and time to install green upgrades in their homes, according to a new study from Barclays and Ipsos.
Starmer speech interrupted by climate activists calling for ‘green new deal’ July 6, 2023 Sir Keir Starmer’s speech on education reform was interrupted by protesters calling for a “green new deal.”
Oil prices weighed down amid sluggish demand from China despite Opec cuts July 6, 2023 Sluggish demand recovery in the world's top crude importer China is continuing to weigh down oil prices, OPEC+ output cuts.
Shell boss warns cutting oil and gas production would be ‘dangerous’ July 6, 2023 The boss of Shell has warned that slashing oil and gas production now would be “dangerous and irresponsible."
Energy sector workers fear UK jobs could vanish in net zero push July 6, 2023 More than half of workers operating in the oil and gas sector fear the shift towards net zero will put their jobs at risk within two years.
Thames Water backer USS faces grilling from pensions watchdog July 5, 2023 The UK’s largest pension scheme faces a grilling from the regulator over its investment in troubled utility giant Thames Water.
Crisis-hit LME hires ex-London Stock Exchange chief to manage clearing house July 5, 2023 LME Clear has turned to a former London Stock Exchange chief executive as it scrambles to restore investor confidence.
Just Stop Oil suspend play at Wimbledon after protestors invade Court 18 July 5, 2023 Wimbledon became the latest major sporting event targeted by protesters after two people wearing Just Stop Oil T-shirts invaded Court 18.