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The government released its long-awaited Green Finance Strategy on Thursday, announcing a widespread review of policies and regulations as it seeks to channel investment towards…
A leading trust has warned that National Grid needs to speed up grid connections for new renewable projects if it wants the UK’s investment climate…
Companies are famous for their animal imagery. We’re all familiar with unicorn businesses; elusive, mythical, technological creatures valued at over $1bn. Then there are “zebra”…
Rolls-Royce has received funding from the UK Space Agency to develop a nuclear reactor for a Moon base. The project will look into how nuclear power could…
Gold prices continue to rise as investors look for safe haven assets amid fears of further market volatility following Silicon Valley Bank’s collapse and the…
The government is weighing up plans to bring in a price floor for the windfall tax amid fears Equinor could pull out of the proposed…
Speculation is growing among traders that the US Federal Reserve could refrain from hiking interest rates later this month for fear of triggering another Silicon…
BP boss Bernard Looney today called for an “orderly” transition to renewable energy, which will require investment in both future green energy projects and “today’s…
Households face a painful hike to their energy bills in April, with government support tapering off and the price cap remaining above the subsidised rate.…
Car production in Britain fell slightly in January as thousands continued the shift towards electric vehicles which experienced a near 50 percent increase. Despite global economic instability,…
Power generation firm Drax is the latest winner from the energy price crisis, with its earnings up 84 percent in the last 12 months to…
Interest rates in the UK will have to keep rising to prevent inflation sticking around for too long, a member of the Bank of England’s…
Rolls Royce, the British aero-engine manufacturer, unveiled profits of £652m in 2022, £238m higher than the previous year. The increase, which was driven by its civil…
MPs are piling pressure on the government to compete with rival markets for green investment, amid growing concerns the UK could lose out to the…
Households face a hefty hike to their energy bills in April, predicts Cornwall Insight, after it warned that the price cap would not fall below…
The world’s largest mining company BHP Group (BHP) has suffered a heavy decline in profits, following a dip in iron ore prices and heavy pandemic…
The mammoth profits of the world’s oil and gas giants will pass £200bn when Saudi Aramco unveil their record results next month – with the…
Moscow’s trade partners have increasingly paid more for Russian crude than quoted prices suggest, Goldman Sachs said in a note, cushioning Russia from the impact…
For 65 years, nuclear power has been an integral part of the UK’s electricity system, providing low carbon and reliable power to UK homes, public…
EDF UK has raked in hefty profits, with soaring electricity prices powering its rebound from last year’s losses. The French energy giant’s UK arm recorded…