UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
Taxpayers to foot the bill for half of businesses’ electricity bills September 21, 2022 Taxpayers will have to cough up half the electricity costs for British businesses this winter amid threats of blackouts.
G20 nations are not cutting emissions fast enough to meet climate goals September 20, 2022 No country in the G20 is decarbonising quickly enough to maintain a safe climate, according to new analysis from PWC.
Hungary urges EU not to bring in more sanctions on Russia September 20, 2022 Hungary has urged the EU not to impose new sanctions on Russia, warning that further measures would escalate the supply crisis.
Uniper set for nationalisation as Germany closes in on deal with Fortnum September 20, 2022 Uniper is on the verge of being fully nationalised, with the German government announcing plans to buy Fortum's stake in the company.
Energy saving measures could provide £7bn boost to UK economy September 20, 2022 A Government backed programme to insulate homes could inject £6.8bn into the economy by the end of the decade, says Greenpeace.
Aramco boss blames Europe for energy supply crisis this winter September 20, 2022 Europe's plans to cap bills for consumers is not a long-term helpful solutions o the global energy crisis, argued Aramco boss Amin Nasser.
Good Energy braces for challenging winter with heavy hedging strategy September 20, 2022 Good Energy has adopted an ultra-conservative hedging strategy ahead of winter as it looks to navigate challenging market conditions.
Fuller’s sales above pre-covid levels amid concern over ‘unsustainable rise’ in energy costs September 20, 2022 Pub chain Fuller’s brought its sales back above pre-pandemic levels but has warned the energy crisis could give it bills of £18m. The company announced its sales in the first half of the financial year were three per cent up on the pandemic, and 50 per cent up on the same period last year. However, [...]
Countries must work together more to meet climate goals, warns IEA September 20, 2022 Global net zero carbon targets could be delayed by decades without more collaboration between countries, warned the IEA.
Octopus unveils £40m support package to ease standing charges September 19, 2022 Octopus Energy has rolled out a £40m package to lower the burden of standing charges facing households this winter.