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      Bank of England Governor Andrew Bailey said cited several indicators that the labour market was softening.

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Environment

  • Exclusive: Inflexion bolsters green credentials with minority investment in Wood Thilsted

    January 24, 2022

    Inflexionhas strengthened its green credentials with a minority investment in an offshore wind engineering consultancy.

  • Hydrogen specialists CPH2 announce plans to list on London Stock Exchange

    January 17, 2022

    Clean Power Hydrogen has announced plans to trade on the AIM market of the London Stock Exchange with a £50m fundraiser.

  • Nickel prices rise to 10-year highs as car giants embrace electric vehicles

    January 12, 2022

    Nickel prices surged to decade-highs on Wednesday, as car giants scramble to secure supplies for electric vehicle batteries as the market booms.

  • Fukushima operators to use tunnels and pumps to release contaminated water into the sea

    December 22, 2021

    The operator of the Fukushima nuclear power plant has submitted plans to release1.3m tonnes of contaminated water from the site into the sea.

  • Drax exploring £3bn expansion drive with North American biomass plants

    December 19, 2021

    Drax is scouting locations for biomass-powered generation plants with carbon capture technology, according to The Sunday Times.

  • BP and Maersk Tankers team up to trial marine biofuel in decarbonisation push

    December 17, 2021

    Product tankers powered on biofuels produced from recycled cooking oils have travelled from Netherlands to West Africa as part of BP-Maersk trials.

  • EU sets up CO2 removal scheme to help drive financial incentives for corporates

    December 15, 2021

    European Union policymakers said today that it will create a system to certify carbon removals next year, as a step towards establishing a regulated EU market to trade them and provide a financial incentive to store CO2.

  • Sembcorp Energy unveils plans to build Europe’s largest battery in Teeside

    December 14, 2021

    Sembcorp Energy will further boost North East England's renewable infrastructure with a new 360MW battery system.

  • Ofgem invites bids for more subsea cables connecting UK to Europe

    December 13, 2021

    Ofgem is encouraging bids in new subsea cables connecting the UK to Europe with the aim of securing billions of pounds of investment.

  • SSE defends renewables plan after activist calls for governance changes

    December 7, 2021

    SSE has hit back at continued criticism from activist investor Elliott Management (Elliott) over its renewables plans.

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