City A.M

Latest articles from City A.M

• Is The UK Investing Enough In Onshore Wind Capacity?

  Published 13 February 2023 | viewed 1,007 times

  Onshore wind developments have dropped sharply since 2016, when former Prime Minister David Cameron pushed through new restrictions – which meant wind farm developers had…

• Britain’s Pubs Are At A Breaking Point As Energy Costs Rise

  Published 13 February 2023 | viewed 3,171 times

  Britain’s pubs are at “breaking point,” hospitality chiefs have warned after new figures reveal that the number of pub and bar insolvencies has risen 83…

• Europe Has Spent €792 Billion To Shield Citizens From Energy Crisis

  Published 13 February 2023 | viewed 2,820 times

  European countries have forked out over £700bn (€792bn) to shield businesses and households from soaring gas prices since the start of the energy crisis, according…

• Lyft Stock Sheds $2 Billion After Massive Earnings Miss

  Published 10 February 2023 | viewed 2,161 times

  Lyft is trailing behind competitor Uber as disappointing forecasts have caused investors to lose confidence. Shares in the ride-hailing company dropped more than 30 percent…

• Central Bank Buying Spree Lifts Gold Prices

  Published 09 February 2023 | viewed 7,781 times

  Despite continued rate rises from the US Federal Reserve, gold prices are recovering as other central banks around the world buy up the precious metal…

• UK Energy Crunch Concerns Ease As National Grid Tells Coal Plants To Stand Down

  Published 07 February 2023 | viewed 7,034 times

    National Grid stood down its order for two coal power plant units to be warmed up yesterday evening, easing concerns of a supply crunch…

• BP Pivots On Climate Promises

  Published 07 February 2023 | viewed 5,923 times

  BP has scaled back its climate ambitions, easing plans to slash the amount of oil and gas it produces over the current decade to meet…

• Have British Commodity Companies Become Too Reliant On China?

  Published 06 February 2023 | viewed 1,265 times

  Encouraged by successive governments, British companies have spent many years courting China, its resources and its huge, increasingly affluent population.  British companies have paid a…

• Oil Prices Inches Higher As Traders Await A Rebound In Chinese Demand

  Published 03 February 2023 | viewed 4,786 times

  Oil is on course for a second straight week of losses, with investors hoping for clearer signs of recovering fuel demand in China to offset…

• UK Food Inflation Is Out Of Control

  Published 01 February 2023 | viewed 4,225 times

  Food inflation has reached its highest level on record, with the sector predicting no stall in price increases throughout the year.  Figures published in the…

• Environmentalists: Steel Bailout Deal Should Come With Climate Conditions

  Published 31 January 2023 | viewed 1,184 times

  British Steel and Tata Steel must be forced to commit to a host of green targets if they receive a bumper bailout from the UK…

• UK Oil Boss: Fighting Windfall Tax Led To Missed Opportunities

  Published 31 January 2023 | viewed 1,904 times

  The UK’s oil and gas industry should have taken the chance to invest in new projects instead of fighting the windfall tax, the boss of…

• Energy Industry Leaders Call For Social Tariff To Tackle Winter Crisis

  Published 30 January 2023 | viewed 2,278 times

  Momentum is growing in the energy sector for a ‘social tariff’, with Good Energy becoming the latest supplier to call for more targeted support for…

• The True Cost Of Ignoring Nuclear Energy In The UK

  Published 30 January 2023 | viewed 2,949 times

  The price of continued stalling in the UK’s nuclear ambitions was exposed last week, when the National Grid paid households to turn off their tumble…

• UK Car Production Hits 67-Year Low

  Published 26 January 2023 | viewed 4,896 times

  UK car production fell to its lowest level since 1956 last year as output was hit by global shortages of semiconductor chips, figures show. A…

• UK Extends Power Saving Incentives But Is Playing Down Risk Of Blackouts

  Published 24 January 2023 | viewed 1,426 times

  National Grid has extended plans for households to be offered discounts for cutting their energy usage – activating its demand flexibility service for a second…

• $300 Million Fake Meat Fund Aims To Decarbonize The Food Industry

  Published 23 January 2023 | viewed 2,904 times

  Milltrust Ventures and Earth First Food Ventures are set to launch a new $300m (£242m) Smart Protein Fund tomorrow to back alternative proteins and decarbonise…

• Ofgem Vows To “Name And Shame” Firms Leaving Customers Without Heat

  Published 23 January 2023 | viewed 1,681 times

  Ofgem is to review the checks and balances energy firms have around placing customers on pre-payment meters, warning it will take further legal action if…

• Octopus Energy Tops UK Consumer Survey

  Published 20 January 2023 | viewed 1,611 times

  Octopus Energy has topped a well-known annual customer survey, after winning over households with its customer service and value for money. The supplier was named…

• Putin Ally Warns Russia’s Defeat Could Trigger Nuclear War

  Published 19 January 2023 | viewed 3,553 times

  Former Russian President Dmitry Medvedev, an ally of Kremlin chief Vladimir Putin, warned the North Atlantic Treaty Organization (NATO) on Thursday that the defeat of…