Low battery: Britishvolt on life support in blow to UK’s tech ambitions October 31, 2022 Feted battery firm Britishvolt is on life support e after running its cash pile dry, amid growing concerns for the UK's green ambitions.
Government must expand insulation scheme to drive down energy bills October 31, 2022 Energy UK is urging the new Government to ramp up support for the energy efficiency of buildings in the next budget.
Explainer-in-brief: Why does Cop27 seem to be the party no one wants to go to? October 31, 2022 Rishi Sunak’s decision not to attend Cop27 was heavily criticised last week. The PM will be focusing on “other pressing domestic commitments”, according to Downing Street. The new environment secretary Therese Coffey and last year’s Cop26 president Alok Sharma will be attending the conference in Egypt. The news that Sunak won’t go came as a [...]
Soaring interest rates could spark five per cent London house price fall October 31, 2022 Soaring interest rates and a tough cost of living crisis could send London house prices on a downward spiral, new research published today warns. Home prices in the capital are on course to shed five per cent next year, driven by sellers dropping prices to attract buyers hit by an affordability crunch, according to property [...]
Bulb deal signals energy sector shift as Octopus boosts customer base October 30, 2022 Octopus has wrapped up a deal for Bulb. Here, City A.M. recounts the bidding war and what it means for the energy sector.
Rishi Sunak’s ‘City chic’ style is bringing back the suit October 27, 2022 Rishi Sunak represents many firsts: he is the first prime minister of South Asian origin, the first to hold an MBA, and the first, perhaps, to be wealthier than the sovereign who invited him to form a government. But he is also unusual for a male prime minister in being acutely conscious of style and [...]
Shell will not pay any windfall tax despite booming profits October 27, 2022 Energy giant Shell does not expect to pay the windfall tax this quarter, as it has invested sufficient funds in North Sea oil and gas projects.
Crypto-friendly Rishi Sunak means a major boost for Bitcoin Britain October 27, 2022 Rishi Sunak has become the UK’s third prime minister in three months. The new Tory leader is an interesting one from a crypto point of view. As finance minister, Sunak famously ushered in the Financial Services and Markets Bill earlier this year, aiming to bring stablecoins into the UK payments system. He said at the [...]
Fracking fury: Industry body hammers Sunak after shale gas U-turn October 27, 2022 UKOOG has expressed its fury with Prime Minister Rishi Sunak's apparent decision to re-impose the ban on fracking.
Government must get a grip on risks to key infrastructure from climate change October 27, 2022 The Government must get a grip on the risks posed by the effects of climate change on infrastructure, warned a Westminster committee.