The answer is blowing in the wind: Experts hail cheapest ever offshore wind farms September 20, 2019 The UK will build its first subsidy-free offshore wind farms next decade, campaigners and businesses said this morning as Britain’s cheapest ever offshore wind energy was unveiled. The country cemented its place as a global leader in offshore wind as one tender to provide the grid was quoted at £39.65 per megawatt hour (MWh). Read [...]
Ministers draw up shortlist for £300m post-Brexit ferry contract September 20, 2019 Brittany Ferries, P&O, Stena and Eurotunnel have been shortlisted for a £300m contract to ensure Britain does not run out of medicines and crucial food after Brexit. The government said looking for transport companies that can beef up the UK’s freight capacity ahead of a potential no-deal Brexit. Read more: New £300m no-deal Brexit freight [...]
London climate strikes: Thousands protest by capital’s landmarks September 20, 2019 Thousands of young people walked out of classrooms and schools this morning in the lead-up to next week’s climate change conference in New York. The students, de facto led by Swedish teenager Greta Thunberg, are striking in 150 different countries. Read more: DEBATE: Should companies be supportive of employees who want to take part in [...]
London Car Free Day 2019: Everything you need to know about this weekend’s event September 20, 2019 Drivers have been warned to avoid large parts of central London as over 200 roads close in the capital for Car Free Day 2019. Between 7am and 7pm on Sunday, pedestrians will be given free rein across London Bridge and Tower Bridge, as the city highlights the problems caused by air pollution. Read more: Mayor [...]
Rolls Royce share price suffers as it reveals engine setback September 20, 2019 Rolls Royce said this morning it will take longer than expected to get its Trent 1000 engines back in the air after one fell apart over Italy earlier this year. The company said that it has had to remove more engines than expected from planes. Read more: Rolls-Royce: Engine issues still in focus after ‘storm [...]
Ofcom gives green light to BBC’s Britbox push September 19, 2019 Regulator Ofcom has given the thumbs up for the BBC’s investment in Britbox – a new streaming service to rival the likes of Netflix. The regulator said that there is no “significant risk” that Britbox, a collaboration with ITV, will distort the market and create an unfair advantage. Read more: Britbox: BBC and ITV reveal [...]
Israel’s Netanyahu proposes sharing power with rival Gantz September 19, 2019 Benjamin Netanyahu, the Prime Minister of Israel, has hinted he might be open to a power-sharing arrangement with main rival Benny Gantz after a bruising election saw the two neck-and-neck in the count. Netanyahu called for a unity government, and hinted that himself and Gantz could be Prime Ministers on a rotating basis. Read more: [...]
Charles Taylor share price jumps on £261m takeover deal September 19, 2019 Private equity house Lovell Minnick has said it will take Charles Taylor, the listed insurance company, private in a £261m deal. Charles Taylor’s board said they believe the offer is “compelling” and will be recommending it to shareholders at a meeting in November. Read more: ‘Sobering and devastating’: Lloyd’s of London bosses speak out on [...]
City Pub Group to scale back acquisitions amid Brexit worries September 19, 2019 One of the UK’s listed pub chains signalled it would scale back on buying new establishments as the company waits for the Brexit storm to blow over. City Pub Group said this morning it will “take a much more prudent and even more selective” approach to acquisitions. Read more: High spirits: City Pub Group cheers [...]
UK energy suppliers could go bust after Saudi attacks, experts warn September 18, 2019 An attack on Saudi oil facilities might turn the screws on struggling energy suppliers, experts have warned, a year after a winter that felled several smaller firms. More companies might face bankruptcy if they have not bought enough energy in advance to supply their customers through what could be an unusually chilly winter. Read more: [...]
