Wickes profit doubles as DIY firm bets on solar Retail Home improvement retailer Wickes has doubled its profit as the firm positions itself to become a leader in solar panel installation. The firm took revenue of £1.6bn, up six per cent, and pre-tax profit grew from £23m to £49m, in the year to December 2025. Wickes was promoted to the FTSE 250 last year, as [...]
Iran war: Independent pubs face ‘devastating’ energy costs Hospitality Independent pubs could be left vulnerable to spikes in energy costs caused by the Iran war, while their larger competitors enjoy the security of fixed energy deals. Landlords across the UK could face “devastating” costs if energy prices continue to rise, trade body UKHospitality has warned. Blockages to the Strait of Hormuz, a crucial shipping [...]
Balfour Beatty shares soar as firm bets on UK energy and defence Property Balfour Beatty shares jumped after the construction firm posted surging profit as it doubles down on bets on UK energy, transport and defence infrastructure. Profit at the FTSE 250 firm grew 51 per cent to £323m in the year to December 2025, as revenue climbed 7.5 per cent to £10.8bn and its order book reached [...]
Cold wind of reality exposes Britain’s myths…and mistakes March 10, 2026 Crises reveal, and the illuminating effects of the latest Middle East war should leave us shuddering and ashamed. The nature of Keir Starmer’s government has been revealed; obsessing over the finer points of international law when our principal ally asked for our help. Starmer’s position has been exposed, too, with briefings suggesting he was more [...]
Let the market fix the oil crisis March 5, 2026 The conflict in Iran is unlikely to lead to 1970s-style oil rationing, but policymakers must use price mechanisms and encourage domestic energy investment to insure against unpredictable escalations, says Andy Mayer In 1979 the Iranian Revolution sparked the ‘second oil crisis’ as the price of crude oil more than doubled to $40 per barrel. Although [...]
Investment in UK renewable energy is back on track – now let’s secure its future February 27, 2026 While the UK’s recent clean energy auction secured a record amount of offshore wind projects, there’s more to be done to sustain this investment momentum, says Samuel Pachoud The results of the recent clean energy auction – Contracts for Difference Allocation Round 7, or AR7 – were heralded by the government as a “monumental step” [...]
Tory MP accuses Starmer of ‘blatant lie’ over energy bills claim February 25, 2026 A Tory backbencher has lashed out at Sir Keir Starmer for a “blatant lie” after he praised a drop in the energy price cap set by Ofgem. Katie Lam, who has weighed in on issues ranging from growth to immigration, said energy bills under Labour had spiked since it took to power in mid-2024. She [...]
New EV charges threaten fragile consumer confidence February 19, 2026 The UK government wants Britain to go electric, but carmakers are under strict sales targets, grants have been extended, and billions are being funnelled into infrastructure. But at street level, the case for switching still depends on whether the switch will actually save drivers money. That question has become sharper in recent weeks, with TfL [...]
Why the net zero transition is not about building more wind turbines February 11, 2026 The UK is electrifying faster than it is building the infrastructure to support it. The transition won’t fail because we can’t generate enough power, but because the grid isn’t stable enough to deliver it. says Emma Parkinson The EV charger story is being treated like a consumer inconvenience – a queueing problem, a pricing problem, [...]
Octopus boss: UK risks ‘falling behind’ without China energy ties February 9, 2026 The boss of Octopus Energy has warned that the UK risks being “left behind” in the clean energy race if it fails to work more closely with China on renewable technology, claiming the country should not ignore China’s advances in wind and clean power manufacturing. He argued that collaboration could cut energy bills and strengthen [...]