Trade Association Energy UK has criticized chancellor Rishi Sunak for the lack of a clear plan to protect the industry. Market regulator Ofgem announced it will provide £1.83bn to suppliers Continue Reading
The UK will still allow the development of new oil and gas oilfields in the North Sea if they pass a so-called net-zero test, the government said on Monday as Continue Reading
UK Gas prices have soared by 520 percent this year. The soaring prices reflect current market conditions across Europe, and follow continued geopolitical uncertainty and rising tensions over the 759-mile Continue Reading
Chinese wind turbine maker Ming Yang Smart Energy Group Ltd. agreed to help build factories in the U.K., which plans to add 40 GW of offshore wind power by 2030. Continue Reading
The U.K. recorded the highest number of confirmed new COVID-19 infections Wednesday since the pandemic began, and England’s chief medical officer warned the situation is likely to get worse as Continue Reading
U.K. Prime Minister Boris Johnson’s Conservative Party has suffered a stunning defeat in a parliamentary by-election that was a referendum on his government amid weeks of scandal and soaring COVID-19 Continue Reading
For the second time this year, the UK is slashing the grants available to buyers of electric vehicles (EVs) as it looks to curb spending and targets less expensive models. Continue Reading
Almost 100 Conservative lawmakers voted on Tuesday against new coronavirus restrictions, dealing a major blow to British Prime Minister Boris Johnson’s authority and raising questions about his leadership. After a Continue Reading
Highlights Market responding to high prices, ensuring continued supply UK gas prices currently highest among Europe’s traded hubs UK less reliant on storage to guarantee supply security The UK government Continue Reading
U.K. inflation surged to its highest level in more than a decade in November, exceeding 5% months before the Bank of England had expected. Increases in the price of clothing, Continue Reading
