The head of British Gas, Chris O’Shea, has urged the Government to reconsider its ban on tapping into untapped oil and gas fields in the North Sea. He argues that
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Shell has joined numerous other stakeholders in urging the Government to implement more incentives for electric vehicle (EV) purchases. This initiative is seen as crucial for bolstering the electric automotive
The surge in gas prices after geopolitical tensions, notably following events such as Russia’s invasion of Ukraine, has had a profound impact on Britain’s electricity market. The government acknowledged the
The Chinese owners of British Steel have declined a proposal from the UK government that would see taxpayers contribute tens of millions of pounds to regain economic control of the
The chairman of Asda has stated that the Government has become increasingly challenging to engage with, expressing concerns over a lack of support for the retail sector. Allan Leighton, who
The Australian company responsible for operating the Bibby Stockholm asylum-seeker barge has commenced the process of repaying approximately £80 million it overcharged to UK clients, including the British government. The
UK government borrowing costs have seen an increase as speculation mounts regarding the leadership of Sir Keir Starmer. This rise comes following calls from Anas Sarwar, the leader of the
Early access to the Office for Budget Responsibility’s economic forecasts on budget day last year was far more extensive than initially believed. A report from the National Cyber Security Centre
Ed Miliband, the UK Energy Secretary, is positioned at the heart of a contentious debate regarding new oil and gas projects off the coast of Aberdeen. The Jackdaw oil and
The electric vehicle targets set by the UK government are causing significant concern within the automotive industry. Industry leaders are warning of the potential disruption these mandates could cause, possibly
EDF is currently in discussions with the UK government regarding a subsidy contract that aims to extend the operational life of the Sizewell B nuclear power station until 2055. This
The British government has approved a significant £25 million investment in Kraken Technologies, marking its largest direct financial commitment to date. This move is part of a broader strategy aimed
Ed Miliband, the Energy Secretary, has been left on the back foot after the European Union abandoned its cornerstone plan to prohibit sales of new petrol cars. Brussels is reportedly
The long awaited report from Tom Hayhoe, the United Kingdom’s Covid counter fraud commissioner, delivers a damning conclusion on the handling of pandemic finance schemes. According to findings, more than
A report from Offshore Energies UK warns that the cost of dismantling obsolete oil and gas platforms in the North Sea has reached a new high, set to surpass spending
Chancellor Rachel Reeves will introduce a new surcharge on more than 100000 of Britain’s most valuable homes as part of measures aimed at balancing government finances and increasing taxes on
