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energy bills

  • How to solve the energy crisis? Give power back to the markets

    February 23, 2026

    Solving the energy crisis needs the dynamism of the private sector, not more government subsidies and central planning, writes Emma Revell.

  • British Gas boss: Electricity bills to top Ukraine war heights

    February 11, 2026

    Electricity bills will be higher in 2030 than in the wake of the Russian invasion of Ukraine, the boss of British Gas has warned, as the government pushes through major upgrades to the UK’s grid infrastructure. Chris O’Shea, chief executive of British Gas-owner Centrica, said the UK was playing catch-up after years of underinvestment, and [...]

  • UK’s net zero drive singled out in Trump attacks

    January 21, 2026

    The UK’s net zero policies were singled out in President Trump’s long tirade against European energy struggles at the World Economic Forum in Davos.  President Trump described the UK economy’s struggles in stark terms, suggesting that the Labour government had disregarded “one of the greatest reserves in the world” at the North Sea.  In his [...]

  • Small businesses ditch green agenda as ‘survival’ becomes priority

    January 20, 2026

    Small businesses are ditching green finance initiatives as “ensuring survival” becomes a bigger focus for firms amid the pressures of rising costs. The latest business growth tracker from Natwest showed prioritising of sustainability was at an all time low among small and medium-sized enterprises (SMEs) by the end of 2025.  Just 30 per cent of [...]

  • Greg Jackson spins off Octopus’ tech arm Kraken after $1bn injection

    December 30, 2025

    Octopus Energy Group has spun off its technology arm, Kraken, following its first standalone investment round. The fresh funding round for Kraken was led by global investment giant D1 Capital Partners, with new investors including Fidelity International, Durable Capital Partners and Ontario Teachers’ Pension Plan Board. Kraken – which is an AI-powered platform now contracted [...]

  • Inflation set to hit double Bank of England’s target

    October 20, 2025

    The UK’s isolated struggles with price growth are set to hit a new milestone on Wednesday as consumer price index (CPI) inflation will surge to double the Bank of England’s target rate.  In more troubling news for the Treasury and the Bank’s interest rate-setters, inflation is forecast to hit four per cent in the year [...]

  • Sir Jim Ratcliffe: Act now or five million jobs will be lost

    October 9, 2025

    Sir Jim Ratcliffe has called on Europe’s leaders to save the continent’s chemicals industry or risk losing millions of jobs. The founder and chairman of Ineos has urged politicians to make an “eleventh-hour intervention” at what he has described as a “moment of reckoning” for the industry. Sir Jim, who is also known as a [...]

  • ‘Hard to accept’: Small firms round on energy intensive subsidies

    October 8, 2025

    So-called standing charges are going up by as much as 94 per cent for all businesses bar the most energy intensive come April. Many are up in arms, writes Ali Lyon Even businesses like Michael Morris’s Beachcomber Amusements – a traditional arcade that treats guests in the small Fife town of Leven to games of [...]

  • National Wealth Fund pumps millions into battery storage developer

    August 27, 2025

    The National Wealth Fund has joined forces with two investment firms as part of a £500m venture to enhance the UK’s battery storage facilities. The consortium – including infrastructure asset manager Equitix and Australian pension fund Aware Super – will “build, own and operate grid-scale battery storage assets” via an investment in developer Eelpower Energy. [...]

  • Ofgem ups energy price cap

    August 27, 2025

    The energy watchdog has announced that the energy price cap will be raised by a higher than expected two per cent between October and December.  Ofgem’s decision is set to push the typical household’s energy spend up to £1,755 per year, despite a fall in wholesale energy prices.  This comes following a price dip over [...]

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