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      Government intervenes on foreign takeover bids for UK defence firms

      UK defence strategy meeting, officials discussing military advancements and security measures in a conference room setting

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Energy

  • Vitol and Gunvor rake in Russian oil profits a year after Ukraine invasion

    June 27, 2023

    Energy traders Vitol and Gunvor are still buying refined Russian oil, despite pledges to cut ties with Kremlin-backed suppliers.

  • Thames Water chief executive Sarah Bentley resigns in shock departure

    June 27, 2023

    Sarah Bentley has stepped down from her role as chief executive of Thames Water with immediate effect after three years in the job. The UK’s largest water supplier confirmed her departure today, including her exit from the board – with the shock departure simply the latest twist at the troubled company. Thames Water has gone [...]

  • Four arrested as Just Stop Oil vandalise energy giant Total’s Canary Wharf HQ with paint

    June 27, 2023

    Total Energies is the latest victim of Just Stop Oil's crusade against oil and gas firm, which chucked orange paint at its Canary Wharf base.

  • Industry must avoid return to ‘Wild West’ with ultra-cheap deals, warns energy boss

    June 27, 2023

    Telecom Plus - which trades as Utility Warehouse - has announced record revenues and profits for its bundled household services arm.

  • Cornish Lithium faces uncertain future as it scrambles for £10m lifeline

    June 26, 2023

    One of the UK’s future lithium producers is at risk of collapse, unless it can secure £10m financing deal by the end of next month.

  • Energy suppliers have a duty to help businesses with bills, says EDF exec

    June 26, 2023

    Suppliers have a duty to help businesses stay afloat through easing the conditions of their energy bills, EDF has argued.

  • IOG shares rise as troubled firm shelves North Sea projects

    June 26, 2023

    IOG's shares have soared 25 per cent today on the London Stock Exchange, after it cancelled expansion projects to boost its balance sheet.

  • Battery maker AMTE Power faces nervous wait for funds in threat to UK’s electric ambitions

    June 26, 2023

    The UK’s electric dreams are at risk of running flat, with AMTE Power yet to update shareholders on its race to raise funds.

  • Onshore wind is not just about net zero, it’s a vote winner

    June 26, 2023

    Onshore wind is not just about going green, it's a vote winner that could ease bills and liberalise planning for housing and transport.

  • Siemens Energy’s share price plummets by a third after billion euro turbine bill warning

    June 23, 2023

    Siemens Energy has seen over a third knocked off its market value today, amid problems at its wind turbine business.

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