Ofgem pushes UK’s energy networks to go green without hiking bills November 30, 2022 Ofgem has confirmed a five-year investment package for the UK's electricity distribution network companies.
Meet the micro nuclear reactor company hoping to decarbonise UK manufacturing April 4, 2023 As the UK government looks to revive nuclear power and replenish its ageing fleet of reactors, nimbler parties are also looking to play a part.
We’re focusing on profitable passengers not volumes, says Southend airport May 25, 2022 Southend airport is focused on attracting profitable passengers back instead of worrying about volumes, according to David Shearer, executive chairman of the airport’s owner Esken. The airport welcomed its first passenger flight at the beginning of May, after low-cost airline returned back to the hub, with routes services to Faro, Malaga and Mallorca. The airport [...]
UK lags behind other European nations on new-build delivery February 7, 2022 The UK is lagging behind several other major European nations on the delivery of new-builds, in relation to its population size, analysis has found. The country’s construction sector was hammered by rising costs on supply and labour, as well as having works delayed or stalled due to Covid restrictions. Countries including France, Belgium, the Netherlands [...]
Banks reduce support for North Sea oil firms as windfall tax becomes embedded April 17, 2023 Banks are slashing their support for North Sea oil and gas firms as the windfall tax begins to impact financing deals for future projects.
Government will have to be ‘brave’ in the face of local opposition to meet net zero goals, former energy head warns August 8, 2023 The government will have to be "brave" in the face of local opposition to its electrification plans, a former head of energy has warned.
What we know – and don’t know – about Rachel Reeves’ spending and investment plans October 11, 2023 Rachel Reeves' speech at the Labour conference yesterday had one driving thread: boost investment.
UK economy ambles into period of sluggish growth April 11, 2022 The UK economy has entered what is expected to be a protracted period of sluggish growth, official figures released today reveal. The early signs of inflation and tax hikes dealing a heavy blow to Brits’ spending are emerging in new GDP figures published by the Office for National Statistics (ONS) today. The economy grew just [...]
ULEZ expansion ‘not the answer’: Rebel boroughs Harrow and Bromley warn Khan of impact on ‘poorest and vulnerable’ February 7, 2023 Harrow and Bromley councils have responded to a letter from Sadiq Khan over the expansion of ULEZ, warning of its impact on the poorest. Harrow councillor Paul Osborn wrote to Khan earlier this week, reiterating that the expansion of the ultra-low emission zone (ULEZ) to include the whole of Greater London was “not the answer” [...]
Green hydrogen future? Geopura secures millions in funding from GM, Barclays and Siemens February 21, 2023 Green hydrogen specialist Geopura has raked in £36m from its latest funding round, with plans to vastly scale its business.