Spring Budget 2024: From the windfall tax to insulating homes, here’s what the energy sector can expect March 4, 2024 The laundry list of UK energy issues are unlikely to be meaningfully resolved in a tightly-managed budget
Windfarm on disgraced Tory donor’s land hit with fine for overcharging March 4, 2024 The body said that the prices set by Dorenell Windfarm Limited (DWL) "did not properly reflect the financial benefits" of reducing its output related to avoided payments that otherwise would have been required by the Government’s Contracts for Difference scheme.
Shipping giant Clarkson’s caveats record profit year with Red Sea warning March 4, 2024 Red Sea troubles have led to increasingly significant re-routing of ships, longer voyages and an upside pressure on freight rates.
Green AI Carbon platform AIMs for London listing amid lack of confidence in market March 4, 2024 Carbon Done Right is hoping to become the first vertically-integrated carbon project developer.
UK ‘not fast enough’ on energy transition, warns Siemens energy chief March 4, 2024 The UK is not moving fast enough on the energy transition, the boss of the British arm of Siemens Energy has said.
Moving markets: Five things shaping the FTSE 100 today March 4, 2024 Asian markets rallied as Japan's Nikkei surged, bitcoin hit a two-year peak, and oil prices rose. All eyes are on the UK Budget and the Annual Chinese Communist Party (CCP) meetings, set to influence market dynamics this week.
MPs urge government to reveal bailout plan for struggling Thames Water March 3, 2024 A group of MPs has urged the government to publish its contingency plans for bailing out Thames Water amid fears that taxpayers could be on the hook for billions of pounds.
Moving markets: Five things shaping the FTSE 100 today March 1, 2024 Both the Nasdaq Composite and S&P 500 reached record highs, while the Nikkei also hit a new peak. However, China's manufacturing activity slowed for the fifth straight month. Oil prices surged amid Gaza deaths, complicating ceasefire talks. All eyes are on global factory PMI data.
Hunting books revenue growth as demand for oil and gas remains robust February 29, 2024 The firm's EBITDA soared by 98 per cent on the year prior
Mishcon de Reya kicks off probe for potential group shareholder claim against Drax February 29, 2024 The firm has partners Richard Leedham, Andrew Short and associate Tiffany Morgan on the investigation.