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net zero

  • EO Charging collapses despite European EV sales boom

    Tech

    EO Charging has gone into administration, with 69 jobs slashed, in a recent blow to the UK’s EV infrastructure sector as car sales across the continent accelerate. PwC was appointed administrator to the EV charging firm, which traded as Juuce Limited, on 8 April. The consultancy said that more than two thirds of the 93 [...]

    The so-called ZEV mandate enforces car manufacturers hit steadily increasing annual sales targets for electric cars or face fines.
  • Voters tell Reeves: Cut taxes and energy costs to boost ‘poor’ UK economy

    Economics

    British voters want Rachel Reeves to cut taxes and reduce energy costs in order to focus on growth as a majority of people felt the UK economy was “poor”, new research has shown. Polling by Freshwater Strategy for the Institute of Economic Affairs (IEA), a free market think tank, suggested that the vast majority of [...]

    Breaking news update on recent developments in global business trends, featuring a bustling corporate office environment
  • Rachel Reeves’ wealth fund pumps £600m into Rolls-Royce SMR

    Energy

    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 [...]

    Breaking news event with journalists gathered, microphones set up, and a spokesperson addressing the media at a press conf...
  • Iran crisis has exposed the folly of net zero

    April 10, 2026

    While net zero is an incredibly important economic and sustainability goal, long-term, idealistic agendas like these just cannot come at the expense of short-term economic health – especially when our country is already so frail, says Issac Goldring This week in a rare case of diplomatic nous, President Trump chose relative peace over Armageddon. Remarkably [...]

  • Miliband slammed for net zero sprint as high costs hamper businesses

    April 10, 2026

    Labour-linked researchers have slammed Ed Miliband’s net zero drive as the UK’s sky-high energy costs have come under intense scrutiny due to oil trade disruptions from the war in Iran and OpenAI’s decision to put a landmark data centre project in the UK on. Researchers at the Tony Blair Institute blamed the UK government’s dithering [...]

  • Jim Ratcliffe backs Tory pledge to slash net zero tax

    April 2, 2026

    Sir Jim Ratcliffe has joined a number of manufacturing bosses in support of a Tory pledge to axe carbon taxes levied through a trading scheme critical to the government’s net zero efforts.  In a joint release between the Conservatives plus the Ineos chief and other industry bosses, the Kemi Badenoch’s party said it would save [...]

  • US ambassador: UK’s closer ties with EU are a problem

    March 26, 2026

    Britain pursuing closer ties with the European Union will “not be viewed favourably” in the White House if it in any way affects the trading relationship between the UK and US, Washington’s ambassador to the UK has warned. Warren Stephens said that the government’s recent decision to adopt over 70 European rules onto the UK [...]

  • UK must learn lessons from this crisis – starting with energy policy

    March 24, 2026

    Has the US brought Iran to heel? Or has Iran discovered it has the upper hand? These are urgent questions and the world waits with bated breath for clear answers. Trump claims Iran approached the US, seeking a deal to end the war, and while the Iranians deny this it seems likely that contact has [...]

  • Wickes profit doubles as DIY firm bets on solar

    March 17, 2026

    Home improvement retailer Wickes has doubled its profit as the firm positions itself to become a leader in solar panel installation.  The firm took revenue of £1.6bn, up six per cent, and pre-tax profit grew from £23m to £49m, in the year to December 2025.  Wickes was promoted to the FTSE 250 last year, as [...]

  • Iran war: Independent pubs face ‘devastating’ energy costs

    March 17, 2026

    Independent pubs could be left vulnerable to spikes in energy costs caused by the Iran war, while their larger competitors enjoy the security of fixed energy deals.  Landlords across the UK could face “devastating” costs if energy prices continue to rise, trade body UKHospitality has warned. Blockages to the Strait of Hormuz, a crucial shipping [...]

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