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      My first Budget: Why is everyone shouting?

      Man with headphones making a face, eating pickles from a jar at his office desk. Budget 2026.

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By: Martin Copeland

Martin Copeland is CFO of Serica

1 Article
  • Domestic oil and gas are Britain’s best defence in the global energy crisis

    Opinion

    The conflict in Iran has highlighted the fragility of global supply chains and the necessity of energy self sufficiency, says Martin Copeland It has been just over two weeks since the US and Israel commenced military action in Iran, with acute consequences for energy, international trade and potentially the global economy.  Normally, about 20 per [...]

    "2024 was a transformational year with the completion of the Wintershall Dea transaction, our fourth significant transaction since 2017. As a result, we achieved a step change in the scale, resilience and longevity of our business underpinning the potential for material free cash flow generation well into the next decade. At the same time, we delivered another year of solid operational and financial performance. "Looking to 2025, we have had a strong start to the year. We continue to prioritise safe and efficient operations, mature our significant 2C resource base and maintain disciplined capital allocation. We remain excited about our future and look forward to realising the potential of our company for all our stakeholders.".

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