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Economy
Boiler manufacturers are upset about UK heat pump target
In a new dispute over the speed of the transition to lower-carbon heating, boiler manufacturers are fighting back against UK government attempts to force them into rapidly making thousands more heat pump.
From next year, the government…
The new Turkish Finance Minister pledges a return to rational economic policy
Mehmet Simsek announces intention to abandon unorthodox strategy which has fueled crisis Turkey’s new finance minister has vowed to return to “rational” policies after years in which President Recep Tayyip Erdoğan’s unconventional strategy…
Oxford Nuclear Fusion wins funding from Washington
The United States government has funded a technology company in the UK to move forward with its plan to build a nuclear power plant and develop abundant clean energy.
Tokamak Energy has its headquarters in Oxford, and Sir David Harding,…
Rishi Sunak warns against a’subsidy war’ between the US and EU on cars
A leading think tank has warned Rishi Sunak against entering into a "subsidy war" with the US or EU to try and defend the British auto industry.
The UK and Spain are locked in a battle over subsidies as the Prime Minister tries to…
Panmure Gordon predicts UK inflation will fall closer to US and EU levels.
Panmure Gordon says that the UK's inflation rate is not as high as recent data would have us believe.
Simon French, Panmure’s Chief Economist, said that while both headline and core prices are higher than expected in the UK and among the…