Government bill for Sizewell C nuclear power plant passes £1bn mark August 29, 2023 Government spending on the proposed nuclear power plant Sizewell C crossed the billion pound threshold today after the government committed more funds to the project.
Ryanair boss slams ‘unacceptable’ air traffic control chaos August 29, 2023 Ryanair boss Michael O’Leary has slammed air traffic control (ATC) provider Nats for the “unacceptable” disruption caused over the past two days.
Gas prices spike as strikes loom at Chevron’s Australian LNG plants August 29, 2023 Gas prices surged this morning across Europe after workers at two major LNG sites operated by Chevron confirmed strike plans.
Brexit border checks on food delayed for fifth time August 29, 2023 The implementation of post-Brexit border checks on food products coming from the EU has been delayed for a fifth time.
Cadent warns on limits of heat pumps arguing UK rollout is ‘not deliverable’ August 29, 2023 Regional gas distribution company Cadent has warned that the government's plans to electrify heating and decarbonise the power grid were "not deliverable".
Exxon says world set to fail two degrees global warming cap by 2050 August 29, 2023 Oil and natural gas are still projected to meet more than half of the world’s energy needs in 2050, or 54 per cent, Exxon Mobil announced.
Brexit to blame? Pubs lost £22m over August Bank Holiday due to staff shortages August 29, 2023 Pubs lost out on a whopping £22m over the bank holiday weekend due to staff shortages which continue to cripple the UK hospitality sector post-Brexit. While the August bank holiday led many punters to the pub to enjoy extended weekend, a new study from the British Beer and Pub Association (BBPA) showed that staff shortages [...]
Investors urge UK firms to increase efforts on tackling slavery in supply chains August 29, 2023 Investors are calling on UK-listed companies to increase efforts to tackle modern slavery, human trafficking and forced labour in their supply chains.
Mortgage lending falls by a third as borrowers avoid bank switch stress tests August 29, 2023 Increasing pressure on the housing market drove down activity in mortgage lending and led to changes in the market, new data out today shows. According to UK Finance data, lending for house purchases in the second quarter stood around 30 per cent lower than the same period last year. The industry body said this stemmed [...]
Explainer: Britain opens up diplomatic dialogue with China August 29, 2023 It’s the first time in five years a UK Foreign Secretary will visit China, as James Cleverly lands in Beijing today. And so begins the great thaw, as Rishi Sunak’s government signals a willingness to engage with the Chinese Communist party, four years after Hong Kong was put at the mercy of extreme national security [...]