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Shell warned that third-quarter profits would be dented after it weathered a sharp rise in refining costs and weaker earnings from natural gas trading. The…
Locking in long-term gas deals with Norway, Qatar and other countries around the world has become a priority for the new Liz Truss government, as…
The number of UK construction companies at significant risk of closure has jumped 54 percent to 16,755 this quarter, up from 10,686, according to fresh…
The UK has placed new sanctions on Russia, blocking its citizens and businesses from purchasing an array of services from British firms, over the Kremlin’s…
Russian President Vladimir Putin has declared four Ukrainian regions part of Russia, amid renewed warnings the Kremlin may use a strategic nuclear weapon. In a…
The Nuclear Industry Association (NIA) has welcomed EDF’s intention to extend the lifespan of two of its domestic nuclear power projects. Tom Greatrex, the chief…
Food inflation surged to its highest rate on record since the index started in 2005, according to freshly published data. According to the British Retail…
Rates on UK debt surged higher today and the pound trailed the US dollar again driven by investors sweating over the government’s tax and borrowing…
According to Ofgem, three UK energy firms have severe weaknesses in how they support customers in payment difficulties. The regulator has demanded Scottish Power, Tru…
Polymetal shares fell 11.5 percent today after the Anglo-Russian precious metals mining company announced it was scrapping the full-year 2021 dividend due to dwindling cash…
Investors have had an insatiable appetite for US dollars this year. According to the Wall Street Journal’s dollar index, which measures the greenback against a…
The US Federal Reserve and the Bank of England this week are set to hike interest rates steeply again in a bid to chase down…
The Government’s action to limit the impact of energy price rises has helped pull the housing market back from the cliff-edge, a leading property association…
The number of UK businesses exporting goods to the EU fell 33 percent to 18,357 in 2021, from 27,321 in 2020, according to data from…
Octopus has expanded its onshore and offshore wind portfolio with two investments in the UK and Germany. The asset manager today announced it has acquired…
In European energy, Russia’s invasion of Ukraine has defined the market so far in 2022. Gas prices have soared, exacerbating inflation. How organizations, consumers, and…
UK and European governments freezing energy prices risks blanketing the Continent in power blackouts, a Wall Street investment bank has warned today. Keeping energy bills…
Economists are warning prime minister Liz Truss’s decision to freeze energy bills for everyone in the UK at £2,500 raises the risk of blackouts. Experts…
British households will have their annual energy bills capped at £2,500 for two years in a £130bn+ scheme that will save consumers thousands of pounds.…
Short sellers piled into bets against UK firms in August as political turmoil and a looming recession continue to drag on London’s markets, new data…