Will the UK benefit from US regulators’ fumble on digital assets? March 7, 2023 The inability of US authorities to make sense of the cryptocurrency industry presents a great opportunity for the UK to become the 'capital of crypto'.
Shell greenlights $2.5bn plans to develop natural gas field off Australia May 30, 2022 Shell and its joint venture partner SGH Energy have given the go-ahead to develop the Crux natural gas field off Australia.
FTSE 100 today: London markets likely to open in red following weak global cues January 18, 2024 Global stocks fall, China shares hits 5-year low, greenback nears one-month peak, and oil prices rise; focus shifts to Christine Lagarde's speech and U.S. economic data.
Rishi Sunak hits back at critics of inflation promise but warns government ‘can’t help anybody’ if prices don’t fall January 8, 2023 Rishi Sunak has today claimed halving inflation by the end of the year – one of his five promises to the British public – will happen “because of the plans [the government] have put in place”. Speaking to the BBC’s Sunday with Laura Kuenssberg programme, the prime minister doubled down on a series of pledges [...]
Exclusive: Second Home dodges bankruptcy and eyes US expansion with fresh funding July 26, 2022 Shared office space firm Second Home has scooped a £7.5m funding package to dodge bankruptcy and is now eyeing up expansion in the US, City A.M. can reveal.
Wärtsilä and SSE team up to boost grid with giant battery June 27, 2022 Wärtsilä has joined forces with UK energy giant SSE to build a low-carbon 50 MW/ 100 MWh energy storage system in Salisbury, Wiltshire.
Government steps in with six month emergency package for businesses September 21, 2022 British businesses will be provided with a six-month emergency package of support to help them pay their energy bills this winter.
Before the Bell: Sunak’s Budget aims to boost GDP, the pain comes later March 4, 2021 Although yesterday’s UK Budget was generally well received in the international markets, with the fiscal taps to be left fully open until December, the British Pound did rally. With the major decisions pre-announced earlier this week, a big equity market reaction to the Budget speech was unlikely anyway. In addition to the extension of Covid-19 specific support, [...]
Liz Truss-backed economists say minimum wage is ‘destroying jobs’ – and call for cut November 14, 2023 Growth Commission co-chairman Douglas McWilliams told an event in Westminster that the current minimum wage level was “destroying jobs”.
EDF ramps up support for struggling households as energy crisis deepens April 15, 2022 EDF has boosted its support for customers, following this month's painful hike in energy bills and the cost-of-living squeeze.