Ryanair narrows 2021 loss forecast and increases fuel hedging April 4, 2022 Ryanair announced today it would narrow its loss forecast for the year ended 31 March, as for the first time in two years passenger numbers topped pre-Covid levels. The low-cost airline said it was expecting net losses to be between €350m and €400m, after previously guiding to be between €250m and €400m. Just last week, [...]
Activist investor prepares to take on Shell over climate targets May 12, 2022 Shell is preparing for a shareholder showdown at its upcoming AGM, as activists push for more stringent environmental targets.
Kwarteng hires former BP boss to BEIS board amid energy security push March 30, 2022 Business Secretary Kwasi Kwarteng has appointed Peter Mather, former UK boss of BP, onto the board of his department.
If Liz Truss thought winning was hard, governing will be a formidable task September 6, 2022 It will not feel like it to Liz Truss, but that was the easy bit. Political campaigns are always brutal, exhausting and emotional affairs; none more so than this summer’s long and fractious Conservative leadership contest. But the challenges of the last few months pale into insignificance against the enormity of what the new prime [...]
Government weighs up extending life of Hinkley Point B as energy crisis deepens May 2, 2022 Business Secretary Kwasi Kwarteng is open to extending the life of nuclear power plant Hinkley Point B amid increasing focus on energy security.
Bitcoin is paving the way for El Salvador to be a real economic powerhouse October 7, 2022 Jason Deane finds out - at first hand - how countries like El Salvador may genuinely end up showing us the way forward.
Energy boss: Millions will suffer without more support for rising bills this winter August 23, 2022 Households will be unable to cope with a huge spike in energy bills this winter unless the Government steps in argued So Energy boss Simon Oscroft.
European Central Bank leaves rates negative despite inflation hitting record high March 10, 2022 The European Central Bank left interest rates unchanged in negative territory today despite inflation on the Continent running at a record high. President Christine Lagarde and co kept borrowing costs at minus 0.5 per cent, where they have been for several years, sticking with its more dovish stance toward monetary policy. The ECB has been [...]
Mark Carney slammed over fossil fuels ahead of COP26: ‘Watering down rules for finance’ October 7, 2021 Just weeks before the UK hosts the COP26 climate summit, around 90 climate groups have written to UN Special Envoy Mark Carney and place ads in the Financial Times and Toronto Star today, urging him “to stop greenwashing financial institutions that continue to invest in expanding fossil fuel infrastructure.” The groups said that, while his [...]
The six common crypto myths debunked over the last year April 6, 2023 Temple Melville of Scotcoin picks apart a string of crypto myths that have plagued the industry over a tumultuous year.