The parliamentarians prompting Rishi Sunak to reconsider his stance on onshore wind power frequently echo the wind industry’s catchphrase: “Wind is affordable.” Sir Alok Sharma claims it’s “affordable, green, and
UK Households warned ‘era of cheap energy is over’ as bills forecast to rise
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.
Drivers experience one of the largest monthly surges in fuel costs in years.
In August, drivers faced one of the steepest monthly increases in fuel prices in over two decades, as recent data reveals.
UK Household energy bills to fall by £150 a year
Household energy costs are set to decrease by approximately £151 annually as the economic impact of Vladimir Putin’s incursion into Ukraine continues to diminish.
UK Companies go bust at fastest rate in 14 years
Businesses are declaring bankruptcy at the swiftest pace since the global financial crisis, with interest rates reaching their pinnacle since 2008.
Twitter alleges that Meta pilfered concepts for its competing app, Threads.
Twitter Inc (NYSE: TWTR) has warned that it might instigate legal proceedings against its competitor, Meta Platforms Inc (NASDAQ: FB), due to the striking similarities between their new app, Threads,
UK Supermarkets accused of driving up petrol prices by 6p a litre
The Competition and Markets Authority (CMA) attributed the recent rise in fuel prices since 2019 to lessened competition among supermarkets.
The UK authority plans to clamp down on power producers reaping ‘unreasonable profits’.
The UK energy watchdog, Ofgem, has criticized power station owners for exploiting the system to generate excessive profits and outlined measures to curb this behaviour.
Oil continues to decline due to demand concerns following UK’s interest rate increase.
Oil prices dropped for the second consecutive session and were on track for a more than 3% decrease on a weekly basis this Friday.
Oil prices rise as China initiates measures to stimulate its economy.
Amid a spike in Chinese imports of Russian oil, it’s an opportune moment to examine the crude oil market dynamics.
Diesel prices have been reduced by supermarkets in response to concerns raised by the competition watchdog.
Following the competition watchdog’s decision to intensify scrutiny of the market, supermarkets and other prominent retailers have hastened their cuts to diesel prices, as reported by the RAC.