Rosebank’s approval sends oil shares soaring and triggers green backlash September 28, 2023 Plans to develop the UK’s largest untapped oil and gas field were approved by regulators yesterday – sending shares in its backers soaring and triggering a wave of green criticism.
Rising oil prices won’t derail fight against inflation, experts reckon September 28, 2023 Inflation is likely to continue on its downward trajectory despite a recent surge in oil prices, experts told City A.M.
SSE launches £15m energy bill support fund for businesses as winter looms September 28, 2023 SSE has launched a £15m support fund to ease the pressure on businesses struggling with ultra-high energy bills this winter.
Perenna raises £42.7m in latest funding round September 28, 2023 Another $52m (£42.7m) in funding has been raised for new British lender Perenna. The latest funding was led by Perenna’s strategic investor, Silverstripe Investment Management, among others, and is only part of its $90m grand funding total since 2020. The bank is one of a kind to the UK market given that it does not [...]
London’s housing affordability crisis is also a business problem September 28, 2023 “As a society,” the CNN journalist Luke McGee said on X/Twitter yesterday, “we need to address the fact that a semi-detached in Walthamstow is now a million quid.” Attached to the post was a fairly average looking 4-bedroom flat about five minutes walk from the tube, currently available on Rightmove for the low, low price [...]
The Notebook: Jimmy McLoughlin on Morocco’s future and the pleasing results of a stand-up comedy course September 28, 2023 Today, former Downing Street adviser and host of podcast Jimmy’s Jobs Jimmy McLoughlin takes the Notebook pen Morocco: A bridge for Africa Morocco was devastated by the earthquake that occurred on 8 September and caused human and material losses in various regions of the kingdom. Naturally, writing a column like this makes me think about [...]
A new oil field in the North Sea won’t be forever, but it’s a good decision for now September 28, 2023 We were always going to need the new Rosebank oil field in the North Sea, even if the black "gold rush" is coming to a close, writes Cameron Smith
Sunak is laying out a climate trap for Labour to fall into at an election September 28, 2023 As the world looks on at Rishi Sunak’s climate decisions with bemusement, his target is an electoral victory banking on the “ULEZ effect”, writes Barry Johnston Last week in New York, on the margins of a major UN summit to accelerate action on climate change, all talk was, incredibly, of the Uxbridge by-election. Such was [...]
UBS shares slip after report of US sanctions probe into Credit Suisse September 27, 2023 Shares in UBS slipped today after a report suggested that Credit Suisse is at the centre of a US probe into potential sanctions breaches.
Snap to close new augmented reality division after launching in March September 27, 2023 Snap announced today that it is shutting down its augmented reality services division just months after it launched.