Kistos Energy has reported a pre-tax profit of $80.8 million for the first half of the year, reversing a loss of $6.9 million recorded in the same period last year.
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The United States government has completed a thirty-five point six million dollar investment in Trilogy Metals, securing a ten percent ownership position in the company. This financial commitment is designed
The Welsh government has announced that pubs, hotels, cinemas, and leisure venues will receive a permanent 30% reduction in business rates starting in April 2027. First Minister Rhun ap Iorwerth
The government is reviewing plans to increase the minimum wage for young workers, with ministers considering a slower pace of rises to address concerns that higher employment costs are discouraging
Amjad Bseisu, the chief executive of EnQuest, has called for a fiscal lifeline to be provided to North Sea operators, warning that investors are increasingly severing ties with the United
A coalition of major energy firms has formally requested that the UK government designate the Humber region as the host for the nation’s first integrated hydrogen network. The group, known
A recent downturn in the stablecoin market may undermine the United States Treasury’s strategy for selling government debt. A report published on Friday, 4 September, by Bloomberg News indicated that
Beijing has announced a £40bn capital injection into its financial sector as it seeks to stabilise banks and insurers against a backdrop of slowing economic growth. The move is intended
The UK government has signalled that it will not deploy public funds to prevent job losses at Jaguar Land Rover, following reports that the manufacturer is preparing to make up
The United States economy added 162,000 jobs in August, significantly exceeding market expectations and reversing a recent slowdown in hiring. The Bureau of Labor Statistics reported on Friday that nonfarm
UK homeowners face an imminent increase in mortgage costs as global bond market instability drives swap rates to their highest level in three years. This shift is primarily attributed to
Shadow energy secretary Andrew Bowie has urged the government to make a definitive decision on the Rosebank and Jackdaw oil and gas fields, arguing that the administration can no longer
Bond traders have issued a stark warning that Prime Minister Andy Burnham risks triggering a market meltdown comparable to the Liz Truss episode unless he presents a credible plan to
Leading supermarket chains and high street retailers have formally requested that the Prime Minister exclude the sector from any potential increases in business rates during the upcoming Budget. The Retail
The Conservative Party has reshuffled its shadow cabinet, with Andrew Bowie taking the role of shadow energy secretary and Harriet Cross moving into the position of shadow Scotland secretary. Bowie,
The Aberdeen and Grampian Chamber of Commerce has urged the UK Chancellor to abandon plans to extend or increase the energy profits levy, warning that further fiscal pressure will continue