We need to get to net zero, but we will fail if we lose public support September 27, 2023 The hysteria over Sunak’s relatively mild changes ignores a much more existential threat to our climate goal: alienating everyday Brits.
Rosebank: All systems go for new North Sea oil and gas field after joint thumbs-up September 27, 2023 The Rosebank oil field development WILL go ahead after private investors and government both signalled final approval.
HS2: Five Labour mayors including Burnham and Khan to demand PM keeps project on track September 27, 2023 Five Labour mayors will gather in Leeds to issue a joint plea to the Prime Minister not to cut HS2 further. Rishi Sunak is facing a political backlash over reports he is weighing axing the Birmingham-Manchester leg of HS2 amid soaring costs. On Tuesday, Home Office minister Chris Philp said Mr Sunak was reviewing how [...]
UK tech climbs to record £817bn value despite funding drop-off September 26, 2023 The total value of the UK’s start-up sector has climbed to its highest ever level this year despite the funding drop-off that has rocked growing technology firms, according to new figures.
Sunak looks to control HS2 costs as backlash grows against plan to cut back project September 26, 2023 Rishi Sunak is reportedly aiming to control the spiralling cost of the HS2 railway line project, which could reach over £100bn.
IEA: Clean energy spend must increase 250 per cent to £3.7 trillion per year to meet net zero September 26, 2023 Clean energy spending must reach £3.7 trillion per year in the 2030s for the world to reach net zero, the International Energy Agency says.
Brexit: Britain to sign sixth US state-level trade deal since leaving EU September 26, 2023 The UK is poised to sign its sixth trade agreement with a US state. Industry and economic security minister Nusrat Ghani will sign a Memorandum of Understanding (MoU) with Washington state in Seattle. The West Coast state is home to major US companies including Amazon, Starbucks, Microsoft and Boeing, with the aerospace sector a priority [...]
The Notebook: Victoria Scholar on the future of supermarkets September 26, 2023 Interactive Investor's Victoria Scholar on supermarkets, China's growth and a new podcast in the City A.M. notebook
Solar energy boss considers rival markets after UK climbdown over green pledges September 26, 2023 The government has sent the "wrong signal" to British businesses with their rollback of green energy pledges, warned Naked Energy.
Scrapping HS2 could jeopardise all of our efforts to level up cities across the UK September 26, 2023 Scrapping the wholeof HS2 now would be an example of another famous characteristic of British statecraft: short term Treasury-driven decision making.