Glencore remains bearish on nickel outlook as it writes off £3.2bn investment February 13, 2024 Mining giant Glencore is shopping its 49 per cent stake in a major nickel mine, writing off around $4bn of investment to date.
Truffle ahead as cocoa price surge spells costly Valentine’s Day for chocolate-loving Brits February 13, 2024 The price of cocoa on London's Exchange is up 127 per cent on this time last year
Thames Water admits there will be MORE leaks this year than last February 13, 2024 Thames Water has admitted that its turnaround programme has not gone as well as hoped - and it will miss its own targets
Housing market reforms to come thick and fast as Rishi Sunak gears up for general election February 13, 2024 Prime Minister Rishi Sunak has a fight on his hands to regain the confidence of younger, aspiring homeowners (Photo credit: Stefan Rousseau/PA Wire)
UK government aims to buy back key nuclear site from Hitachi February 12, 2024 Ministers are now looking for new buyers into the project, one of which is reportedly South Korean nuclear developer, Korea Electric Power Corporation (KEPCO).
Water firms face new fines for poor customer service February 12, 2024 Water firms could be fined up to a tenth of their turnovers for poor customer service under the new powers
‘Can’t do the maths’: Labour slammed for oil and gas windfall tax extension February 11, 2024 The UK’s offshore energy industry has lambasted Labour and its leader Keir Starmer after the party said it will extend the windfall tax on UK oil and gas producers. The body said if the party follows through with its intention to extend the levy until 2029, up to 42,000 jobs will be lost and £26bn [...]
Investors pressure HSBC over oil and gas funding transparency February 11, 2024 The company has come under fire for not disclosing emissions as part of its capital markets strategy involving oil and gas companies
Big Oil commits to Big Returns for shareholders as profits keep flowing February 10, 2024 In an era when big oil needs to keep investors happy - how far can buybacks go?
Bellway optimistic on housing market despite slump in revenue and completions February 9, 2024 Bellway Homes is hoping the UK housing market will support a "recovery" year for its operations