Homeserve reveals soaring revenues and profits amid £4bn takeover May 24, 2022 Homeserve has reported soaring revenues and profits as it maintains it strong pandemic-driven performance. The group is now set for a takeover.
The government should look beyond a windfall tax to see the merit of insulation May 24, 2022 Labour leader Keir Starmer taunted the prime minister at the dispatch box last week, gloating that a windfall tax – the flagship proposal from the opposition to cut down energy bills – was now “inevitable”. Such confidence from Starmer is not unearned, as it has been fuelled by a litany of u-turns from Boris Johnson’s [...]
Households backed with government grants to support ramp up of heat pumps May 23, 2022 Energy users can now apply for government grants to swap their gas boilers for heat pumps, after it opened its boiler upgrade scheme today.
Hungary holds firm on investment demands to support Russian oil ban May 23, 2022 Hungary has maintained its demands for energy investment before it agrees to an Russian oil embargo with its Western allies.
Germany open to EU ban on Russian oil imports that excludes Hungary May 23, 2022 Germany's Economy Minister has revealed his country could support an oil ban on Russian imports that excludes Hungary.
IEA opposes deepening fossil fuel reliance amid escalating energy crisis May 23, 2022 The energy crisis should not lead to a deeper dependence on fossil fuels, warned International Energy Agency chief Fatih Birol.
I can’t believe it’s not Gazprom! Gas giant’s UK division seeks rebrand as it severs ties with Putin May 23, 2022 Gazprom Energy is planning to rebrand its UK supply business as it looks to distance itself from Putin's regime and Russia's invasion of Ukraine.
Amigo suspends shares as court proceedings begin May 23, 2022 Amigo Holdings has announced a temporary suspension of trading shares today ahead of court proceedings.
Congratulations: Moonpig to snap up gifting group Buyagift in £124m deal May 23, 2022 Greeting card giant Moonpig Group has announced the proposed acquisition of Buyagift, the gift experiences platform, for £124m.
Windfall tax talk rattles Tories as Rishi Sunak reportedly backs the levy May 22, 2022 The prospect of a windfall tax on large energy firms has provoked a fierce Tory backlash, after it was revealed yesterday Rishi Sunak is in favour of a levy.