After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Further North Sea exploration won’t lower bills, but it will limit green jobs August 4, 2023 More oil and gas in the North Sea is prioritising an industry which will mean, in the long term, bills are higher and we’re further away from self-reliance, writes Nigel Pocklington
Bank of England lifts interest rates to fresh 15 year high in smaller than feared 14th straight hike August 3, 2023 The Bank of England today hiked the UK’s official interest rate for the 14th time in a row but by a lower degree than some had feared. Members of the nine-strong monetary policy committee (MPC) voted 6-3 in favour of a 25 basis point rise, smaller than the 50 basis point lift some in the [...]
FTSE 100 close: Markets in the red as Bank of England hikes interest rates to 5.25 per cent August 3, 2023 London’s FTSE 100 stayed in the red through most of Thursday on a day which saw the Bank of England confirm a 14th consecutive interest rate hike of 25 basis points. The capital’s premier index was down 1.27 per cent by midday and closed at -0.51 per cent. The domestically-focused mid-cap FTSE 250 index, which [...]
Government warned that a poor investment climate risks new UK energy projects August 3, 2023 The UK’s investment climate must be improved if the government wants to attract more private sector funding for renewable projects.
It is time Britain rid itself of its entrenched tall poppy syndrome August 3, 2023 Britain has a tendency to chop down the tallest of our poppies, from growing tech businesses to promising young footballers. Some try to do that with one of our more appealing recent success stories: English wine.One recent article elsewhere said the red tasted like vimto and the good stuff was too expensive; buy French, seemed [...]
Climate investors will flock to the EU if we keep dulling our green ambitions August 2, 2023 As Rishi Sunak quietly dampens green policies, Britain's business community will lose faith in our tepid climate ambitions and flee to other countries, writes Ted Christie-Miller.
Shapps: UK will still meet ‘net zero’ targets despite oil and gas licences August 2, 2023 Energy security secretary Grant Shapps has insisted the UK will “still meet our net zero targets” despite new oil and gas licences.
Alcohol duty rise is ‘biggest shake up’ in decades as booze to be taxed by strength August 1, 2023 The price of beer and wine will increase today as part of plans previously set out in the Spring Budget. Chancellor Jeremy Hunt announced the measures as part of the budget back in March, which saw an end to the blanket alcohol duty freeze which was put in place via the Autumn Budget 2020 during [...]
Green investor Andrew Forrest threatens to quit UK after Sunak pledges new oil and gas August 1, 2023 A major green technology investor has threatened to take his money out of the UK, after the government announced fresh oil and gas licensing.
Trade bodies back government’s embrace of North Sea oil and gas industry August 1, 2023 Trade bodies across the energy industry has welcomed the government's decision to support the North Sea's oil and gas sector.