Exclusive: Green groups raise red flags over fracking September 23, 2022 Environmental think tanks have criticised the Government's decision to lift the moratorium on fracking to boost supply security.
Industry body calls for seismic reforms to boost fracking September 22, 2022 The UK's leading onshore energy body has urged the Government to raise the maximum levels permitted for seismic activity involving fracking.
London’s FTSE 100 drops after second big Bank of England rate hike September 22, 2022 London’s FTSE 100 plunged today after the Bank of England lifted interest rates 50 basis points for the second time in a row. The capital’s premier index fell 1.08 per cent to 7,159.52 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, tumbled 2.05 per [...]
Uniper reaches deal with Government to keep coal plant open over winter September 22, 2022 Uniper has secured an agreement with the Government to extend the life of its remaining unit in Nottinghamshire.
Backing fracking: Government lifts ban to boost energy security September 22, 2022 The Government has officially lifted the lifted the moratorium on fracking in England, paving the way for further shale gas generation.
JD Sports’ chair: Governance changes won’t ‘kill entrepreneurial spirit’ of retailer September 22, 2022 JD Sports’ new chair Andrew Higginson has said corporate governance changes will bring the retailer up to pace without being too “heavy handed.” The trainer seller recently created distinct roles of chair and CEO, after the departure of former boss Peter Cowgill earlier this year. After decades at the helm of the London-listed firm, Cowgill [...]
Federal Reserve backs third jumbo rate hike to unpick inflation out of US economy September 21, 2022 The Federal Reserve backed a third successive jumbo-sized interest rate hike today as it scrambles to unpick inflation out of the US economy. Chair Jerome Powell and co hoisted the global financial system’s most important rate 75 basis points to between three and 3.25 per cent. Wall Street edged lower after the move. The tech-heavy [...]
Truss hires former energy exec as new business liaison head September 21, 2022 Liz Truss has hired former EDF Energy executive Michael Stott as new head of business liaison for Downing Street. Stott is to become Truss’s key leader of business relations and engagement strategy, Sky News learned today. He is replacing Alex Hickman who held the role for two years under Boris Johnson. The newest business figure [...]
Business supplier Yü Group urges Government to protect SMEs September 21, 2022 Yü Group has urged the Government to ensure SMEs are fully included in support packages this winter and not miss out on help.
BEIS chair slams business package as a ‘waste of taxpayers’ money’ September 21, 2022 The chair of an influential Westminster panel has slammed the business support package as a "waste of taxpayers' money."