Ofgem’s decision to lower its energy price cap will result in a reduction of approximately £425 in annual household energy bills, making gas and electricity more affordable throughout Britain.
UK wind power recovery triggers a drop in gas prices.
European natural gas prices continue to drop, hitting almost a 22-month low, as predictions of a surge in wind power production contribute to an already tepid demand projection.
HMRC Plans to Confiscate Bitcoin from Tax Evaders as Part of Crypto Seizure Initiative
HMRC Contemplates Implementing Regulations to Confiscate Cryptocurrency from Tax Noncompliant Businesses
Could the UK be facing a ransom situation in the power market?
An investigation by Bloomberg News alleges that certain traders at firms such as Vitol, Uniper, and SSE have used a rather blunt approach to tackle the UK energy crisis: pay
Last year, energy companies in the UK installed 94,000 prepayment meters through mandatory measures
According to the government, Scottish Power, British Gas, and Ovo were accountable for 70% of the compulsory installations.
It is anticipated that the UK government will provide windfall tax relief to energy companies
Next week, the UK government is expected to offer windfall tax relief to its oil and gas companies. This move aims to boost investments and enhance the country’s energy security,
Wind farm operators will no longer be permitted to retain excessive profits
As part of an effort to curb energy costs, wind farm operators will no longer be allowed to retain excessive profits through a revision of subsidy regulations.
Understanding Business Finance and How It Can Help Your Business
Whether you’re just starting a business or have been running for some time, having an understanding of business finance is essential for success.
MPs have issued a warning that the closure of an HMRC unit poses a risk of £5 billion of taxpayers’ money.
MPs have issued a damning report stating that the UK tax authority’s decision to close its task force aimed at recovering fraudulent and faulty claims made on the government’s Covid-19
The UK’s Supreme Court is set to consider a landmark case regarding sewage in the country’s waterways.
On Monday, one of the UK’s largest privatised water companies will argue in the Supreme Court that it should not be held responsible by private landowners and individuals for sewage
Energy providers prepare for Jeremy Hunt to extend bill support
Jeremy Hunt is expected to extend the government’s energy price guarantee at its current level for three more months, preventing household bills from increasing by an average of £500 from