Windfall tax plans rubbished by economists after oil giant’s losses last year February 9, 2022 Economists and BP's boss rejected calls yesterday for a windfall tax on energy giant announced healthy profits.
EN+ Group reports steady progress amid inflationary pressures February 9, 2022 En+ Group has reported stable operational results in its full-year trading update amid global inflationary pressures.
Smurfit Kappa wraps up full-year with €913m profit and dividend hike February 9, 2022 Packaging giant Smurfit Kappa has reported full-year profits before income tax of €913m, a 22 per cent boost on last year.
Grainger’s occupancy rates remain ahead of expectations February 9, 2022 Grainger's occupancy rates have risen to 97 per cent, ahead of expectations, according to its latest trading update.
GlaxoSmithKline revels in £8.8bn profit ahead of consumer healthcare demerger February 9, 2022 GlaxoSmithKline (GSK) has reported full-year sales of £34bn, boosted by strong pharmaceutical sales over the past 12 months.
Essar unveils £45m plans to build UK’s first refinery-based hydrogen furnace February 9, 2022 Essar Oil UK (EOUK) will install a new £45m furnace capable of using hydrogen as its fuel source at its plant in North West England.
BP recovers from pandemic with £9.5bn profit February 8, 2022 BP has rebounded strongly from the pandemic with hefty annual profits of £9.5bn ($12.8bn), its best yearly result since 2013.
SSE upgrades profit expectations to nearly £1bn amid soaring gas prices February 8, 2022 SSE has upgraded its full-year outlook, with the energy firm boosting its profit forecasts to nearly £1bn amid spiralling wholesale gas prices.
BP brushes off calls for windfall tax amid deepening energy crisis February 8, 2022 BP chief executive Bernard Looney has rejected growing calls from the Labour Party for a windfall tax on North Sea fossil fuel operators.
Ofgem boss accepts oversight failings of energy sector but defends consumer price cap February 8, 2022 Ofgem's chief executive has recognised regulation of the energy industry has to be "tougher" after market chaos this winter.
