It’s the energy price stupid July 12, 2024 It’s not just the Conservatives, governments across the Western the world are being punished for failing to manage expectations in the face of an energy price shock, writes Paul Ormerod The scale of the Conservative defeat in the election has been amply documented. But what has been mentioned much less is the fact that they [...]
Chancellor to launch £7.3bn national wealth fund to ‘unlock investment’ July 9, 2024 Chancellor Rachel Reeves will launch a national wealth fund with £7.3bn of state funding to “unlock investment” in UK growth industries.
Wood bags six-year contract on Shell’s Prelude facility July 9, 2024 Wood, headquarted in Aberdeen, said it would provide brownfield engineering, procurement, and construction management (EPCm) solutions for the LNG facility.
Eon UK returns to profit for the first time since 2020 with £700m swing July 8, 2024 The UK arm of energy giant Eon has returned to the black for the first time since 2020 after a swing of more than £700m.
Election 2024: Starmer won’t put figure on keeping Port Talbot steelworks open July 4, 2024 Sir Keir Starmer has refused to say how much money he would be willing to spend to prevent Tata Steel’s Port Talbot plant closing.
UK ‘can’t afford not to’ go green in bid for growth, CBI chief to say July 1, 2024 The UK’s growth could be put at risk if politicians try to “separate the economy from net zero”, a top business lobby group boss is set to warn.
Google Deepmind among nominees for ‘Nobel Prize of engineering’ June 28, 2024 AI-powered weather forecasting, innovative heat batteries and the rapid manufacturing scale-up of a Covid vaccine are the three cutting edge technologies nominated for an engineering award dubbed "the Nobel Prize of Engineering".
Octopus Energy-backed EV charging network Be.EV raises £55m June 26, 2024 EV charging network Be.EV, which is backed by Octopus Energy, has raised £55m from Natwest and Germany's KfW IPEX-Bank.
Drax Group to sell 90,000 metre points to EDF Energy June 26, 2024 British power firm Drax has announced it will sell up to 90,000 customer meter points to EDF Energy after a strategic review of its energy supply business.
No, climate action will not damage business interests June 26, 2024 Green and economic growth come hand in hand, say Sophie Miremadi and Alex O’dell