Business News
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The head of the energy industry predicts price increases this winter.
The International Energy Agency president expects energy costs to rise this winter, requiring another round of government bill subsidies. Fatih ...
Supermarket margins raised fuel prices, according to watchdog.
According to the Competition and Markets Authority, a new fuel discovery program should be implemented so that consumers can view ...
Crisis-ridden Pakistan secures a $3 billion IMF financing package.
Crisis-hit Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement regarding $3 billion (£2.4 billion) of funding. ...
Centrica, owner of Britain’s largest gas storage station, boosts capacity for winter power security.
The Rough site is not a “silver bullet,” but it plays a crucial role in boosting the nation’s resilience and ...
Tory MP criticises FCA broker merger approval
Lord Leigh of Hurley considers the City regulator a “block to economic growth” as his business merges with Cenkos. A ...
Nationwide warned that rising mortgage rates will “significantly drag” housing.
The high street lender asserts that while typical homeowners exiting fixed-rate mortgages will face substantial increases in their monthly payments, ...
Icelandic business turning CO2 into stone to reduce carbon emissions
The technique is referred to as “Nature’s way” of carbon storage because it provides a safe and permanent underground repository ...
The US economy is stronger than anticipated at the start of 2023.
Economic growth in the United States was stronger than previously reported at the beginning of the year, which could strengthen ...
A veteran executive will oversee Thames Water
Sir Adrian Montague was appointed days after chief executive Sarah Bentley resigned, leaving the company temporarily without a leader. Thames ...
In May, customers withdrew a record amount of savings.
In May, billpayers drained their bank and savings accounts at unprecedented rates, prompting charities to warn about high living costs. ...
Ofgem’s reduced average energy use forecasts lower bills but higher than historical levels.
Cornwall Insight anticipates that the energy price limit will decrease again in October due to high prices and energy-saving measures ...
Wind power batteries can boost funds – Invinity Energy Systems help UK’s fossil fuel-free future.
Wind power now provides nearly a third of the United Kingdom’s electricity, surpassing all other sources, including petroleum. Costs have ...