Sunak’s green delays could undo years of planning for net zero September 21, 2023 Politics can operate at warp speed, whereas businesses make investment plans years, if not decades ahead.
Oil firms have a hill to climb to justify a voice at climate summits December 14, 2023 Perfect may be the enemy of the good, but oil giants need to earn their place at Cop, writes Steve Sedgwick.
Thames Water: Ofwat proposals ‘not tenable’ with supplier’s recovery as new bill hikes planned August 28, 2024 Debt-laden Thames Water has appealed to Ofwat to sign off on a five-year business plan to make it "investible."
Back hydrogen or lose out to Europe and Asia in green race, BMW warns July 2, 2023 Britain must back the roll-out of hydrogen filling stations in the UK or risk falling behind Europe and Asia in the race to roll out greener vehicles, BMW has warned. Jurgen Guldner, manager of hydrogen technology at the Munich-based carmaker, told the Sunday Times that “if the UK government wants to decarbonise,” it must “get [...]
Rain, storms and floods: UK insurers rocked by record £1.4bn property claim surge August 12, 2024 British insurers have been rocked by an eye-watering £1.4 billion in property claims for Q2 2024, smashing records as the biggest quarterly payout ever logged by the ABI
The one winner from the UK’s miserable summer?… Wind turbines August 8, 2023 Brits have been disappointed by persistent gloomy weather this summer. But there has been one winner from the overcast skies – wind turbines.
Britain baulks at Biden’s £330bn green subsidy package December 23, 2022 Britain has voiced its disapproval of Joe Biden’s extensive US package for green subsidies, warning they are protectionist and could harm UK energy firms. Kemi Badenoch, the UK’s international trade secretary has reached out to her US counterpart, criticising the Biden administration’s £327bn ($395bn) green economy package. In a letter seen by the Financial Times, [...]
Global consumers hold back on lifestyle changes to shrink carbon output, says Ipsos April 22, 2022 Despite climate-anxiety on the rise, global consumers are holding back on making the lifestyle changes necessary to dial back their carbon emissions, according to a new study by one of the world’s largest market researchers. Around 45 per cent polled are mulling making the switch to a low-carbon heating system for their homes, Ipsos found. [...]
Financial services must be at the heart of the UK-India relationship September 9, 2024 The City of London is a partner of the world’s growth economies and in supporting India’s ambitions we help British businesses too, says Chris Hayward In one of his first international trips the Foreign Secretary David Lammy visited India where he re-emphasised the significance of the UK-India relationship and made clear that the free trade [...]
Will Rosebank improve the UK’s energy security? September 28, 2023 Regulators yesterday gave the green light to start drilling at the largest untapped fossil fuel field in the North Sea - but will it boost the UK's energy security?