Orsted brings in new finance and operations chiefs amid wind industry challenges February 27, 2024 Orsted, the world's largest offshore wind farm developer has brought in a new CFO and COO as it battles with macroeconomic challenges pumelling the sector.
Jeremy Hunt warned decarbonisation efforts need ‘greater urgency’ February 26, 2024 Expansion of the immediate availability of electricity will likely be a key election battleground this year
Toxic English rivers: not a single river classified as having ‘good’ water quality February 26, 2024 Toxic chemicals that remain in ecosystems for decades pollute every stretch of English rivers.
Ofwat blasted for allowing struggling water firms to not employ auditors February 26, 2024 The firms together provide water and sewage services to around 3.7m UK customers.
Miners are set for a bumpy ride February 26, 2024 The UK’s major miners face multiple challenges. The first of these is operational – Glencore and Anglo American, two of London’s largest commodity outfits, have bled profits in 2023. For the former, adjusted EBITDA fell by 50 per cent year-on-year to $17bn in 2023 while Anglo American saw a net profit fall of 94 per cent. [...]
Moving markets: Five things shaping the FTSE 100 today February 26, 2024 Asian markets were mixed as investors awaited inflation data, while oil prices extended their decline. The week ahead promises a flurry of retail and technology earnings reports, offering insights into sector performance and economic trends.
Next silent on reports it is eyeing The Body Shop February 25, 2024 Next has reportedly been weighing up buying parts of The Body Shop after the high street cosmetics chain fell into administration last week.
Britishvolt owner hit with £8m bill over alleged tax avoidance in Australia February 25, 2024 The new owner of failed battery start-up Britishvolt faces a near £8m tax bill in his home country of Australia, where one of his companies has been accused of having "an intentional disregard of a taxation law".
Ofgem drops retail energy price cap to lowest level in two years in boost for households February 23, 2024 Despite welcoming the price cap drop, Ofgem's head has said there are still "big issues" to be tackled
Awards announced for Square Mile’s green champions February 22, 2024 The Clean City Awards – organised by Canada Corporation – celebrated its 30th anniversary this year