How we saved Britain’s small businesses millions in energy costs – and counting October 22, 2024 Small businesses across the UK have had to face the wrath of rising energy costs for years - and entrepreneur Joe McDonald is fed up with it.
Cadent Gas reveals plans for 60-mile blue hydrogen pipeline October 20, 2024 Gas distribution company Cadent has revealed plans for a blue hydrogen pipeline across the north of England, sparking a wave of environmentalist pushback. The gas giant, owned by a syndicate of firms led by investment bank Macquarie, has said the project will be “the first building block in a wider network” of hydrogen pipelines across [...]
Ministers to speed up energy ‘skills passport’ amid worker shortages October 17, 2024 The energy secretary will speed up oil and gas workers being able to transition to jobs in the renewable energy industry via a “skills passport” as workforce shortages are “hindering” the sector. Energy security and net zero secretary Ed Miliband confirmed his department will “provide project management advice” to Offshore Energies UK (OEUK) and Renewable [...]
UK and EU energy giants call for post-Brexit North Sea ‘green power hub’ October 15, 2024 UK and EU energy firms are urging their governments to overhaul the post-Brexit trading set up in a bid to construct a North Sea “green power hub” and unlock investment. Some 20 top power firms and lobby groups have written an open letter to European and British energy ministers to urge them to prioritise a [...]
‘Overwhelming’ number of Brits back water firms being sued over pollution October 10, 2024 An "overwhelming" amount of the public supports water companies being sued for financial damages, as the sewage pollution puts the limelight onto water businesses
Thames Water creditors in talks with Ofwat for debt rescue plan October 9, 2024 A creditor group has held a meeting with water watchdog Ofwat this week, to pitch plans to keep the troubled Thames Water out of state ownership
Centrica-owned Hive continues in the red despite sales rise October 9, 2024 Hive, the smart home devices brand owned by Centrica, continued in the red despite its revenue rising during its latest financial year. The business has reported a pre-tax loss of £28.2m for 2023, having also made a loss of £25.6m in 2022. Hive has never made a pre-tax profit since it was launched over a [...]
Elliott’s appeal over London Metal Exchange nickel shutdown dismissed October 7, 2024 A UK court has dismissed Elliott Investment Management bid to appeal a decision in the nickel case against the London Metal Exchange.
Rightmove warns almost £25bn needed to insulate 2.9m UK homes by 2030 October 4, 2024 There are 2.9 million houses that will require £23.4bn in improvements to meet the government’s energy performance certificate (EPC) standards by 2030, according to Rightmove. New analysis from the property portal found that an average of £8,074 will have to be spent on rental homes to upgrade them to a C rating by EPC standards. [...]
Starmer set to announce £22bn boost for UK carbon capture October 4, 2024 The UK is set to invest almost £22bn over 25 years in carbon capture and storage schemes, Sir Keir Starmer is to announce ahead of the upcoming international investment summit. Projects in Teesside and Merseyside will benefit from the £21.7bn in funding over 25 years, which the government says will attract £8bn in private investment [...]
