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Energy

  • How to solve the energy crisis? Give power back to the markets

    February 23, 2026

    Solving the energy crisis needs the dynamism of the private sector, not more government subsidies and central planning, writes Emma Revell.

  • British Gas owner shares tumble after buyback was paused

    February 19, 2026

    London-listed energy giant Centrica shares plunged nine per cent on Thursday morning after the group paused its share buyback programme in the face of a major earnings hit. The owners of British Gas reported lower 2025 earnings than in the previous year, but the group says it was resilient in a challenging market. The group’s [...]

  • SFO drops former AIM London Mining bribery case after decade-long probe

    February 12, 2026

    The Serious Fraud Office (SFO) officially dropped all charges against the former executives of London Mining, a decade after launching its probe into alleged bribery and corruption. The SFO launched an investigation in 2016 into London Mining Plc regarding alleged bribery to secure favourable treatment in Sierra Leone between 2009 and 2014. Former CEO Graeme Hossie, CFO Rachel [...]

  • BP shares slide as suspends share buybacks and increases cost-cutting goal

    February 10, 2026

    Energy giant BP has suspended its share buyback programme and deepened its cost-cutting target, as it scrambles to bolster its balance sheet amid the anticipation of a weaker oil price. In its final results, the company said the decisions were taken to allow it invest in its oil production business and “fully allocate excess cash” [...]

  • Shell chief reportedly set for £4.5m pay boost

    February 4, 2026

    The boss of Shell will reportedly receive a multimillion-pound remuneration incentive, with the firm poised to reveal a new boardroom pay policy.  According to reports, the firm’s chief executive Wael Sawan would pocket at least £4.5m more each year.  Sky News‘ Mark Kleinman has reported that investor sources have revealed a long-term incentive stock reward [...]

  • Britain’s growth slumps and the Business Secretary scratches his head

    February 4, 2026

    Having spent another day wading through the Epstein-Mandelson email traffic I was going to write another column about how unbelievably grubby the revelations are, but it’s too depressing. So, I thought I’d focus on something more cheerful; the latest downgrades to the UK’s economic growth forecasts. On his visit to China alongside the PM, the [...]

  • UK’s net zero drive singled out in Trump attacks

    January 21, 2026

    The UK’s net zero policies were singled out in President Trump’s long tirade against European energy struggles at the World Economic Forum in Davos.  President Trump described the UK economy’s struggles in stark terms, suggesting that the Labour government had disregarded “one of the greatest reserves in the world” at the North Sea.  In his [...]

  • Small businesses ditch green agenda as ‘survival’ becomes priority

    January 20, 2026

    Small businesses are ditching green finance initiatives as “ensuring survival” becomes a bigger focus for firms amid the pressures of rising costs. The latest business growth tracker from Natwest showed prioritising of sustainability was at an all time low among small and medium-sized enterprises (SMEs) by the end of 2025.  Just 30 per cent of [...]

  • Big Tech steps up energy hiring as grid creaks under AI pressure

    January 14, 2026

    Big Tech is increasingly recruiting energy specialists as access to electricity becomes a central constraint on the expansion of AI infrastructure. Energy-related hiring at tech firms rose 34 per cent year on year in 2024, according to Workforce.ai data, and has remained around 30 per cent above pre-2022 levels. The increase reflects growing demand for [...]

  • Switch focus from DEI to local needs, Brits tell business

    January 14, 2026

    British businesses need to become more local and focus less on DEI (diversity, equity and inclusion) hiring practices, according to a new report. A major survey from SEC Newgate UK has revealed a majority of Brits think companies are doing too little to prioritise local food production, manufacturing and energy independence. The report also shows companies [...]

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