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      UK economy grew 1.4 per cent in 2025

      LONDON, UNITED KINGDOM - JANUARY 31: The Shard is seen on the horizon as commuters cross London Bridge during the morning rush hour on January 31, 2023 in London, United Kingdom. The IMF reports that the UK economy will contract by 0.6% in 2023, as opposed to the previous prediction it might grow, and will perform worse than many other advanced economies, including Russia.The cost of living continues to hit households with grocery inflation for the first four weeks of 2023 rising to 16.7% which would add a further £788 per year to family food bills. (Photo by Leon Neal/Getty Images)

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By: Nicholas Earl

Nicholas Earl covers energy, industrials and the environment.

All 2718 Articles
  • Businesses need ‘carrot and stick’ to boost energy efficiency and drive down bills, Npower argues

    March 22, 2023

    Businesses need help to drive down bills and meet the UK's net zero goals, argued the COO of Npower Business Solutions.

  • Shell will defend ESG targets to shareholders ahead of activist showdown

    March 22, 2023

    Shell will defend its lack of scope three emission targets at its annual ESG update tomorrow, City A.M. has learned.

  • Cost of UK energy imports more than doubles as North Sea body urges government to back British oil and gas

    March 22, 2023

    The UK’s energy import bill more than double last year, amid an increasing reliance on overseas supplies, revealed Offshore Energies UK.

  • Rolls-Royce joins forces with Fortum to explore SMR projects

    March 22, 2023

    Rolls-Royce SMR has teamed with Fortum up to explore opportunities to develop small modular nuclear reactors in Scandinavia.

  • Government allocates £1.8bn funding for energy efficiency boost across UK homes and public buildings

    March 22, 2023

    The government has allocated over £1.8bn to boost energy efficiency and cut emissions across homes and public buildings across England.

  • SSE backs UK’s first pumped hydro scheme in 40 years with £100m funding

    March 21, 2023

    SSE will invest £100m in the UK's first pumped hydro storage scheme in 40 years, but warns against further investment uncertainty.

  • UK faces supply crunch as gas and nuclear power plants close, warns Drax as it halts key biomass project

    March 21, 2023

    The UK is facing a significant shortage in power that can be brought online at times of peak demand, warned Drax.

  • Newcleo announces plans for €1bn fundraiser as it targets UK nuclear industry

    March 20, 2023

    A potential nuclear power player with ambitions for the UK market is working to raise up to €1bn equity in an upcoming equity raise.

  • Gas prices slide ahead of spring as banking chaos sparks recession fears

    March 20, 2023

    Gas prices have dropped in this afternoon's trading as warmer weather and economic turmoil eased expectations of demand.

  • Silver prices soar as investors turn to precious metal amid banking crisis

    March 20, 2023

    Silver prices climbed above $22 per ounce today as investors turned to the precious metal amid an unfolding banking crisis.

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