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Europe risks an exodus of clean energy investment to the US, unless it brings in its own inflation reduction strategy, Goldman Sachs has warned. The…
Gold prices have stayed firm in today’s trading – with the precious metal peaking at $1,880 per ounce this morning, amid growing expectations of less…
The head of the UK’s leading nuclear body has urged the government to pursue small modular reactors (SMRs) with “pace and urgency”, amid reports of…
Support for businesses to help them cope with swelling energy bills will halve in the spring to avoid taxpayers holding the bag if oil and…
A Cheshire wind farm developer has threatened to sue the UK government over its plans to impose a ‘windfall tax’ on renewables companies. Community Windpower…
The UK will be scrambling for highly expensive gas imports to meet its energy needs this winter to stave off blackouts whenever the wind doesn’t…
2023 is expected to be an exceptionally tough year for the UK economy. The country is almost certainly already in a year-long recession, one that…
Octopus Energy has completed its takeover of fallen rival Bulb, absorbing its 1.5m customers and becoming the third-biggest supplier in the UK with over five…
UK borrowing surged over the last year due to the government partially covering the cost of household energy bills, official figures out today reveal. The…
Hydrogen is “not a panacea” for cutting carbon emissions and plans to require all new boilers to be hydrogen-ready in four years time are unrealistic,…
As this economic cycle ends, we shouldn’t expect to see the patterns of the past decade repeated. A new regime in policy and market behaviour…
Under fresh plans to clamp down on the rising cost of living across the UK, the government has convinced the Biden administration to double US…
The UK’s recession will officially begin this winter and is likely to last for most of next year, a closely watched survey out today suggests.…
Ofgem’s flurry of reforms to the energy sector could stop new ideas from entering the market and improving outcomes for customers, warned the boss of…
The European jobs market is defying expectations and holding up well despite experts expecting the bloc to tip into a tough recession, fresh figures out…
Britain’s factories are already in recession sparked by demand receding as the country’s economy slumps, a closely watched survey out today reveals. S&P Global and…
Energy giant Centrica and Ryze Hydrogen will jointly build and operate hydrogen production facilities aimed at providing a reliable supply of hydrogen for industry and…
Budget airline EasyJet has shrunk its losses as it braces for a 50 percent rise in the price of fuel next year as passenger levels…
UK borrowing surged over the last year due to the government partially covering the cost of household energy bills, official figures out today reveal. The…
The UK economy will languish behind its rich counterparts next year amid a tough inflation surge driven by worker shortages and an “untargeted” energy support…