One of the largest mining operations ever seen on Earth aims to despoil an ocean we are only barely beginning to understandA short bureaucratic note from a brutally degraded microstate in the South Pacific to a little-known institution in the Caribbean…
Gas firms may face windfall tax as energy crisis hits households
Another 800,000 households fall victim to energy crisis as Avro Energy and Green collapseAnother 800,000 households fell victim to the energy crisis on Wednesday with the collapse of two more suppliers, as ministers admitted they were considering a win…
A windfall tax? Kwarteng better be sure it doesn’t get messy | Nils Pratley
The gas crisis is global and HM Treasury can hardly send an invoice to Gazprom or QatarHere’s a development in the energy crisis we didn’t expect from a free-market business secretary: talk of a windfall tax on companies that are making big profits fro…
1.9m UK homes lose supplier after two more gas firms go bust
The collapse of Avro Energy and Green means nine suppliers have been lost this yearThe UK gas crisis has claimed another two energy companies, bringing the total number of households that have lost their supplier this year to almost 2m.The regulator, O…
Ladbrokes owner bet big that it was undervalued. It won … big
Liberalisation of US gambling law is fuelling a wave of buyouts of more tech-savvy UK betting firmsThe stock market bargain during the wild pandemic trading of March 2020, it turns out, was the owner of antique betting chains Ladbrokes and Coral. In th…
IEA calls on Russia to send more gas to Europe before winter
World’s energy watchdog intervenes after Russia decides not to increase exports despite record pricesThe world’s energy watchdog has called on Russia to send more gas to Europe as the energy supply crunch bleeds across the continent, in a rare public r…
UK households face second record energy bill rise
Analysts predict a further 14% jump for spring 2022 on top of next month’s scheduled £139 riseMillions of households could face a second record jump in energy bills next spring, on top of the £139 increase due next month, as the global gas crisis conti…
Kwarteng admits ‘difficult winter’ ahead as energy bills soar
Business secretary says vulnerable customers will be protected, as he distances himself from universal credit cutKwasi Kwarteng has said it “could be a very difficult winter”, with families facing rising energy bills, as he sought to distance himself f…
BP’s joint solar venture Lightsource BP to more than double expansion by 2025
Deal worth £1.3bn means operation will develop enough solar farms to power equivalent of 8.4m homes‘The potential for solar is huge’: future looks bright for Lightsource BPBP’s joint solar venture, Lightsource BP, will more than double its global expan…
‘The potential for solar is huge’: future looks bright for Lightsource BP
Founder Nick Boyle explains how Lightsource will help power one of the biggest corporate transformations ever attemptedBP’s joint solar venture Lightsource BP to more than double expansion by 2025Nick Boyle, the founder and chief executive of solar pow…