Rishi Sunak: Kremlin needs to leave Ukraine before any agreement considered December 10, 2022 The Kremlin will need to pull its forces out of Ukraine before any peace agreement can be considered, according to Rishi Sunak. Sunak and Ukrainian President Volodymyr Zelensky yesterday agreed on the importance of pre-empting Russia’s calls for a ceasefire. The PM – who met with the president for the first time since becoming prime [...]
A new coal mine in Cumbria won’t save the burning problems for the UK December 9, 2022 After years of political ping-ponging, the decision has been made: we’ll have the first new coal mine in thirty years in the UK. It will be located in Whitehaven, in Cumbria, and it’s meant to bring 500 direct jobs to an impoverished area that has often felt forgotten by central government. The indirect jobs in [...]
Trafigura hands £1.4bn to shareholders after unveiling monster profits December 8, 2022 Trafigura will hand over £1.4bn ($1.7bn) to traders and shareholders after its net profit more than doubled from last year's record levels.
Putin’s war with Ukraine is unwinnable but as a leader, he cannot afford to lose December 8, 2022 Ten months into Russia’s invasion of Ukraine one simple fact has become abundantly clear: set against its original goal to completely conquer Ukraine, Moscow cannot win the war but neither can Putin afford to lose it. Ukraine has fought heroically to repulse the original Russian invasion and to push back Putin’s forces. But, for all [...]
UK risks green ambitions with levies and planning hurdles, warns Siemens Energy December 7, 2022 The UK's planning restrictions and levies on renewable producers threaten what should be an attractive market for green projects.
Solar power set to overtake coal as war in Ukraine fuels renewables boom December 6, 2022 Solar power will become the world's biggest sources of electricity within the next five years, according to the International Energy Agency.
FTSE 100 only major index to swerve loss this year December 6, 2022 London’s FTSE 100 has breezed past its major international rivals to emerge as the only blue-chip index to squeeze out a gain so far this year, research by City A.M. shows. The capital’s premier index has climbed around two per cent in pound terms in 2022 and is on track to end the year as the [...]
Brits had most volatile year for fuel costs as CMA probe ‘rocket and feather’ pricing December 6, 2022 Brits have suffered the most volatile year on record for fuel prices, as the Russian invasion of Ukraine and cost of living crisis continued to pile pressure on drivers the pumps. New analysis published today show fuel prices rose by 50p a litre from January to July, which is the largest leap ever recorded. It [...]
World Cup briefing: Why and how to watch Tuesday’s last-16 matches December 6, 2022 Now we’re all hopelessly addicted to daily World Cup action, best to drink in today’s two matches in the round of 16 – the last games before a horrifying two-day break. Here’s a preview of Tuesday’s fixtures. Morocco v Spain, 3pm, ITV Spain will be fancied to beat Morocco, who have never been past this [...]
OPEC+’s production cuts reveal unsteady markets, say oil experts December 5, 2022 OPEC+'s decision to maintain its hefty output cuts reflects a lack of stability in global oil markets, argued analysts.