Rosebank, a new North Sea oilfield, will bring billions to the Treasury
Ministers say that the development of Britain's biggest untapped oilfield in the North Sea would generate…
Yearly Archives
2023
UK regulators approve plans to build a new Rosebank North Sea Oilfield
Climate campaigners immediately objected to the approval of the massive Rosebank oilfield development in the North…
Binance, the cryptocurrency exchange, is leaving Russia
Binance, world's largest cryptocurrency exchange, has sold its business in Russia to a new venue launched just a…
Meta launches AI chatbots on Instagram, Facebook, and WhatsApp
Meta has launched artificial intelligence-driven chatbots on Instagram, Facebook, and WhatsApp, and given…
The fiscal deficit in Italy is expected to reach 5.3% of the GDP this year
The government of Prime Minister Giorgia Melons predicted that Italy's fiscal gap will rise to 5.3% of its gross…
UK savers continue raiding pensions as inflation has its effect
According to official UK statistics, cash withdrawals from Pension pots have risen by almost one fifth. This has…
UK regulator launches review of private market values
People familiar with the plans of the UK's top financial regulatory body say that it is planning to conduct a…
Crude rises to $96 per barrel amid US stockpiles concerns
The price of oil soared by nearly 3 percent to a new 10-month high, reaching $100 per barrel on Wednesday. Lower…
Tristia Harrison, the former boss of TalkTalk, resigns amid the breakup of the…
Tristia Harrison, the former boss of TalkTalk, is leaving the company after six years. The troubled telecoms firm…
French rival AI summit steals Sunak’s thunder
After announcing his plans to hold a rival conference just a week later, a French billionaire has increased…
FT considers scrapping print publication as sales of weekday newspapers struggle
Financial Times may scrap its print edition in certain countries as the number of readers continues to drop.…
OPEC is in a downward spiral because of China
Saudi Arabian and OPEC officials do not seem to believe that the world's oil demand will continue to…
Chase UK bans cryptocurrency purchases due to fraud concerns
JPMorgan UK's bank will ban customers from buying cryptocurrency as of next month, to combat the increasing number…
The water companies of England and Wales have been told to reduce their bills by…
The regulator has told water companies in England and Wales to reduce their bills by £114mn next year, after…
Developer cancels offshore wind farm due rising costs and windfall taxes
A British onshore wind developer, one of the largest in Britain, has announced that it will stop developing its…
Greater Manchester Mayor proposes compromise for HS2 rail project
Andy Burnham, Labour Mayor of Greater Manchester has stated that he would be open to discussing with Ministers the…
Former Wirecard executive allegedly linked to Russian spy ring
Jan Marsalek was named on Tuesday as the connection between Bulgarians who live in the UK and have been accused of…
Meta pays £149mn for breaking London office lease
Meta paid £149mn for the right to terminate its lease at a major London project near Regent's Park. The move comes…