The UK government has announced a 28 million pound fund designed to accelerate the development of ultra long duration energy storage. The initiative, led by the Department for Energy Security
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United States government debt has surpassed the 40 trillion dollar mark, according to the Treasury Department. The total national obligation reached 40.05 trillion dollars on Tuesday, a figure that more
The UK government has signalled its intention to investigate commercial support schemes designed to preserve existing gas infrastructure capacity. This move follows the publication of an interim report on the
The UK government is expected to defer its decision on the Rosebank and Jackdaw oil and gas projects until September, according to recent reports. The consultation period for Rosebank, the
The Faroes Energy Industry Group has warned that a decision against the Rosebank oil development would constitute a disaster for both the United Kingdom and the Faroe Islands. The trade
IT services group Atos has been awarded a three-year contract by HM Revenue & Customs to lead governance and configuration efforts across the tax authority’s low-code application ecosystem. The agreement,
The government has abandoned plans to relax affordable housing requirements for developers in England following a strong negative reaction from housing experts. Ministers confirmed on Monday that they would not
The United Kingdom’s mandatory electric vehicle sales targets are set for review following sustained pressure from automotive manufacturers. The government has announced it is considering reducing the proportion of new
The United Kingdom’s stringent targets for electric vehicle sales may be relaxed after ministers initiated a comprehensive review of the policy framework. This development follows mounting pressure from automotive manufacturers
The Labour government’s proposed crackdown on zero-hour contracts is projected to impose costs of nearly £3bn per year on British firms, according to a newly published impact assessment. While the
The United Kingdom’s automotive industry is set to receive nearly £130 million in state investment aimed at developing new zero emission technologies and securing skilled employment across the nation. This
Investors have expressed concern regarding Chancellor John Healey’s intention to raise an additional £9 billion annually in government debt. This funding is intended for strategic investments across infrastructure, housing and
Mike Kirk, a former supervisory leader at the Office of the Comptroller of the Currency who recently joined Klaros Group as a senior director, has expressed deep concern regarding the
Crude oil costs fell sharply on Tuesday after senior American government figures suggested a diplomatic agreement with Iran might soon allow traffic to resume through the strategically vital Strait of
pNew financial projections have sharpened the political disconnect between Labour’s drive for fiscal devolution and the daily burden on households, with national council tax receipts in England forecast to climb
Mitie has accepted a £3.1 billion takeover offer from private equity-backed rival OCS Group, bringing an end to nearly four decades as a publicly listed company and adding to the