Energy price cap: Household bill spike could be lower than originally feared Energy The household energy price cap is expected to rise by a lower amount than originally feared despite price volatility caused by the Iran war, according to the latest forecasts. The cap is expected to be £196 lower according to Cornwall Insight, who confirmed its prediction for Ofgem’s cap now stands at £1,837 for a typical [...]
Shadow energy secretary: Reeves’ subsidies mean nothing without tax cuts Opinion It is the cost of systems, not electricity, that is driving up businesses' energy bills, writes shadow energy secretary Claire Coutinho.
Octopus CMO Rebecca Dibb-Simkin: I was warned against joining an energy startup Opinion Octopus CMO Rebecca Dibb-Simkin takes us through her career, from being warned off energy startups to her love of Greggs chicken bakes.
Why Britain is the sick man of the global oil shock April 16, 2026 Britain's indecisiveness leaves the country dangerously exposed to further oil price shocks, writes Mykola Kuzmin.
Britain’s energy future is bright – but we still need Ed Drilliband April 15, 2026 Amid soaring oil prices and growing fears of jet fuel shortages, it feels as though Britain is trapped in an energy permacrisis of its own making. So here’s a note of optimism to counter the doom and gloom: Britain has a bright energy future ahead of it. A few examples: Nuclear power output is going [...]
FTSE 100 Live: Stocks jittery as Trump eyes Iran ‘grand bargain’; Reeves to meet Bessent April 15, 2026 Good morning and welcome back to the City AM liveblog. Hopes of peace talks in the Middle East were back on the table this morning, though markets weren’t holding there breathe after weeks of bait-and-switches. Donald Trump described the war with Iran as “close to over” during an interview with Fox news. “I think it’s [...]
BP toasts to ‘exceptional’ oil trading after Iran volatility April 14, 2026 Energy giant BP has forecast “exceptional” results in its oil trading division after a period of volatility in prices triggered by the war in the Middle East. The FTSE 100 oil major said upgraded its outlook on Tuesday, which marks a sharp recovery from the “weak” performance reported in the final quarter of 2025. The [...]
Rachel Reeves’ wealth fund pumps £600m into Rolls-Royce SMR April 13, 2026 Rachel Reeves’ flagship wealth fund has announced a fresh heap of financing for Rolls-Royce SMR following its tie-up with Ed Miliband’s state-owned energy company. The National Wealth Fund has revealed a £599m financing package for Rolls-Royce Small Modular Reactors (SMR) in a bid to kick start delivery on its project with Great British Energy. The [...]
FTSE 100 Live: Stocks tumble amid Trump’s Strait of Hormuz blockade April 13, 2026 Good morning and welcome back to the City AM liveblog. Markets are returning from the weekend to a major blow in hopes of a ceasefire in the Middle East. After Donald Trump revealed his two-week reprieve on strikes whilst negotiations begin, those very talks now look to be hanging by a thread. Vice President JD [...]
From jet fuel to fertiliser – economic pain is heading West April 6, 2026 A quiet Easter Sunday was abruptly punctured when US President Donald Trump unleashed a brutal, expletive-filled ultimatum to the Iranian regime. In a post on Truth Social, Trump wrote: “Tuesday will be power plant day, and bridge day, all wrapped up in one, in Iran. “There will be nothing like it!!! Open the f***in’ strait [...]