UK and EU at risk of losing green energy projects to US unless investment matched, renewable firms warn January 18, 2023 The UK and European Union are at risk of losing green energy projects to the US - if they fail to match its new investment environment.
What is the outlook for UK dividends in a less certain world? March 16, 2022 Russia’s invasion of Ukraine looks set to exacerbate economic trends which had already been influencing markets. Amid the uncertainty, experienced investors Sue Noffke and Graham Ashby give their views on the outlook for UK dividends. Investors had already been viewing markets in a more cautionary manner, even before Russian troops amassed on the border with [...]
We need to hold our nerve on green levies as the energy crisis starts to bite March 11, 2022 Disruption in the energy markets is set to drive up bills for every family and business in Britain. With gas prices in the UK recently reaching an all-time high, the consumer impact will be profound. Millions of households are expected to see annual energy bills of £3,000, and many face fuel poverty in an escalating [...]
UK gas prices reach all-time highs as winter tensions mount across Europe December 17, 2021 UK gas prices surged to an all-time high of 350p per therm earlier this week amid soaring demand and supply concerns.
80 per cent of BP shareholders reject climate proposals to reduce emissions May 12, 2021 Shareholders have voted against a plan that would have forced BP to strengthen its climate commitments. More than 79 per cent of investors voted against a resolution proposed by shareholder group Follow This, which pushes oil companies to reduce their emissions. BP said that 20.6 per cent of votes were in favour of the plan. [...]
Has the Ukraine war sped up the clean energy revolution? March 18, 2022 As energy security rises up the political agenda, we look at what Russia’s invasion of Ukraine means for climate change investing. Russia’s shocking invasion of Ukraine is having horrendous consequences, and our thoughts are with the millions of people affected. As climate change investors, we also have to consider the impact of the conflict on [...]
Russia and Saudi Arabia planning joint space mission May 25, 2021 Russia and Saudi Arabia are preparing for a joint manned space mission, the former’s government confirmed today, in another sign of warmer relations between the two countries. In a statement, the Kremlin said that Saudi astronauts were being trained in Russia while the mission is developed. “Speaking of the two countries’ work on the joint [...]
Channel 4 and BP cut sponsorship ties for Paralympics coverage August 24, 2021 As the Paralympic Games begin today, it has emerged that oil giant BP is no longer a sponsor of Channel 4’s prime-time coverage of the event. An initial press release issued by Channel 4 in January 2020 announced that BP and Toyota would “share sponsorship equally” but a subsequent press release published last week stated that “Channel 4’s Tokyo [...]
Oil prices hit highest levels in a year as producers cut output February 2, 2021 Oil prices rose more than 2.5 per cent today to reach its highest since last February after major producers showed they were reining in output roughly in line with their commitments. Brent crude was up 2.5 per cent at $57.77 a barrel for its third straight day of gains and the highest levels in 12 [...]
Leading farming union defends solar panels from Tory attacks August 21, 2022 The UK’s largest agricultural body has defended the farming sector’s support of solar panels, despite criticism from both Tory leadership contenders.