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Energy

  • Ofwat and the Environment Agency must have the willpower to fix the water industry

    March 20, 2023

    The heads of both leading watchdogs for the water industry were grilled in Parliament last week by MPs, amid concerns over sewage leaks.

  • ‘They have not done anything’: Hunt slammed for failing to back solar energy in Budget

    March 19, 2023

    The government should have prioritised boosting renewable energy such as solar power, argued the boss of a British energy supplier.

  • Banks, bonds, inflation, recession and energy: Five lessons the markets taught us this week

    March 17, 2023

    The third week of March proved to be a rollercoaster for the world’s investors, with a rout on banks and the spectre of inflation, recession and the growing cost of living making their presence felt. These themes may indeed play on in future, so here are the five lessons we’ve learned from the markets this [...]

  • Gold price rallies as safe haven asset is boosted by contagion from US banking fallout

    March 17, 2023

    Gold prices continue to rise as investors look for safe haven assets amid fears of further market volatility in the US banking sector.

  • Oil prices show signs of recovery after banking crisis subsides and commodity investors reassured

    March 17, 2023

    Oil prices suffered their biggest weekly falls since December as a banking crisis rocked financial markets and spooked investors.

  • Rolls-Royce wins funding to develop nuclear reactor for Moon exploration

    March 17, 2023

    Rolls-Royce has received £2.9m funding from the UK Space Agency to develop a nuclear reactor for a Moon base.

  • Ofgem smacks supplier with £2.1m mega-fine for overcharging customers

    March 17, 2023

    Ofgem has slapped United Gas & Power with a hefty £2.1m fine after determining it had breached its licence conditions.

  • EU announces plans to lead green industrial revolution

    March 16, 2023

    The European Commission presented the centrepieces of a strategy on Thursday to ensure the EU can compete with US and China.

  • UK risks losing out on green energy projects under latest government auction plans

    March 16, 2023

    The UK will miss out on vital investment in energy projects in the upcoming renewable auction this month, warned Renewable UK.

  • Oil markets stabilise after Credit Suisse crisis sank prices to a15-month low

    March 16, 2023

    Oil markets have calmed after sliding to 15-month lows yesterday, with tensions easing after Credit Suisse was given a £45bn emergency loan.

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