Sunak pledges to cut taxes and make Britain the best place for business November 20, 2023 Rishi Sunak has pledged to cut taxes and make Britain “the best country in the world to do business” ahead of this week’s autumn statement.
It would be senseless to delay a tax supported by greenies and the steel industry November 16, 2023 Implausible though it sounds, businesses in Britain are clamouring for a new tax this Autumn Statement. Even more unlikely, both heavy industry and environmentalists are aligned in wanting it. That’s right, the unsexily-titled carbon border adjustment mechanism (which parades around the punchy acronym CBAM) has managed a feat few thought possible: the union of greenies [...]
King’s Speech: All eyes on the green-fingered monarch as government backs oil and gas November 6, 2023 King Charles will have to announce oil and gas pledges in the King's Speech tomorrow — all eyes will be on his delivery.
Brookfield to push ahead with $10.6bn bid for Octopus Energy shareholder November 2, 2023 A Brookfield-led consortium has accused Origin Energy's largest shareholder, Australiansuper, of "holding the company hostage."
Orsted shares tank after halting two major US wind farms November 1, 2023 Orsted has halted two new offshore wind projects in the US as weighs up its energy portfolio - scaling down its American ambitions.
Europe leads hydrogen race, with UK and US scrambling to catch up October 23, 2023 Europe will be the runaway leader for green hydrogen projects over the next five years, with the UK and US still playing catch-up.
Energy sec Coutinho defends renewables investment but ‘conscious’ of US and EU ramping up subsidies October 19, 2023 Energy secretary Claire Coutinho has defended the government's green record amid challenges from rival markets.
National Gas boss warns businesses could be threatened if network scrapped October 18, 2023 The head of the UK's gas networks has urged the government not to scrap the country's pipelines in favour of electrification of the grid.
BP shares soar as energy giant hikes profit guidance October 12, 2023 Shares in BP have risen robustly in today's trading, with investor sentiment improving towards the energy giant.
Government must send ‘clear signals’ to boost UK hydrogen investment October 12, 2023 The government must send "clear signals" that the UK is ready for business, or risk failing to meet its hydrogen ambitions.