Tesco, the largest supermarket chain in the UK, is under scrutiny by the Competition & Markets Authority following allegations of possible law violations tied to the lack of clarity in
UK to ease windfall tax to boost investment in the North Sea
Jeremy Hunt has disclosed strategies aimed at easing the Government’s windfall tax on oil and gas companies, following alerts about a potential large-scale job loss in the North Sea.
Repeated attacks on North Sea oil and gas are economically illiterate
The windfall tax was bad enough. Labour’s plan to stop all new investment is economic insanity on an unprecedented scale. My thoughts below
The enormous North Sea oil field that might represent Britain’s final reservoir.
As Labour waits in the wings, the fate of Britain’s fossil fuel resources remains uncertain.
FTSE leads global market surge, rejuvenated optimism for the US economy
The FTSE 100 participated in today’s worldwide stock markets surge, invigorated by rejuvenated optimism for the US economy.
British Airways has called off flights over the bank holiday weekend.
Due to a glitch in IT, British Airways has been compelled to cancel more than 100 flights.
The IMF had to revise its prediction of a recession in the UK
The International Monetary Fund (IMF) has revised its previous assertion of a potential recession in the UK this year, raising the country’s growth forecasts for the second consecutive month.
Charles III Is Crowned King
On Saturday, Charles III of Britain was crowned king in a ceremony that blended eighth-century rituals with 21st-century elements, featuring the kind of majestic pageantry not seen since his mother,
BP profits hit nearly $5bn in three months
BP PLC (LSE: BP.) has reported an increase in first-quarter profit, reflecting strong oil and gas trading. The oil major stated that its underlying replacement cost profit for the first
Miners and banks weigh on FTSE 100, causing it to drop.
The FTSE 100 index had a weak start, posting its poorest opening in three weeks, as industrial miners and lenders dragged it down.
BP is encountering investor disapproval after changing its stance on green commitments.
According to The Times, BP is currently facing a revolt from shareholders who are seeking to remove Helge Lund from his position as chairman due to the company’s decision to