UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
Rio pins recovery hopes on mega Simandou iron ore project amid share price blows October 5, 2023 Could revive Rio Tinto's long-held ambitions of mining the world's largest untapped supply of high-grade iron ore revive its share price?
SSE: Energy giant bullish over earnings but warns renewables output ‘below expectations’ October 4, 2023 SSE expects to report earnings of at least 30 pence per share in its half-year results next month, but warns of flagging renewable generation.
How Petra Diamonds plan to use tech to battle rise of lab-grown alternatives October 4, 2023 Blockchain technology could help diamond sellers confirm the emissions footprint and the quality of working conditions at their mines.
Brookfield snaps up UK onshore wind developer in reported $1bn deal October 3, 2023 One of the UK's largest renewable developed has been snapped up by Brookfield in a boost to the country's onshore industry.
Increasing geopolitical fragmentation putting energy transition at risk, IMF warns October 3, 2023 Geopolitical fragmentation could send the price of crucial commodities soaring, putting further pressure on the global economy’s net zero targets.
Oil pulls back as OPEC boss warns high prices are here to stay October 3, 2023 Oil prices have pared back from last month's rally, weighed down by a stronger US dollar and rising bond yields.
UK industry risks falling foul of EU’s new carbon tax October 2, 2023 British businesses selling into the European Union are unprepared for the bloc's new carbon tax and run the risk of penalties.
UK down to last coal plant as households are urged to save energy this winter October 2, 2023 Just one coal fired power plant remains operating in the UK energy market ahead of winter, with ESO telling customers to save energy.
Water firms to sort sewage – but it’ll be billpayers who have to pay October 2, 2023 Water companies have unveiled a £96bn investment plan to tackle sewage overflows and upgrade their network - but Brits will pay for it
UK small nuclear competition: Rolls Royce in, Bill Gates snubbed October 2, 2023 Bill Gates' nuclear reactor design company Terrapower has not been shortlisted for the next round of the government's SMR competition.