UK economy faces £35bn hit from energy shock
April 29, 2026
Economists have warned of a £35bn GDP impact from the Middle East crisis, driven by higher energy prices and trade disruption.
Finance & Legal
World Bank warns of 24% surge in global energy prices
April 29, 2026
The World Bank has forecast a 24% rise in global energy prices in 2026, with the possibility that oil could reach
SeAH Wind job cuts expose fragility in UK offshore supply chain
April 28, 2026
SeAH Wind is set to cut up to 72 jobs at its Teesside facility, following the termination of a key offshore
BP board hit by investor climate rebellion after axing net-zero plans
April 23, 2026
BP’s board was hit by a shareholder backlash at Thursday’s AGM, with investors rejecting two board-backed resolutions giving chair Albert Manifold
UK development lender launches £15 billion climate finance push
April 23, 2026
British International Investment (BII) aims to catalyse £15 billion of investment in climate and development projects over 2026‑2031, including up to £8 billion
UK inflation jumps again as fuel costs bite
April 22, 2026
Consumer prices rose by 3.3% year on year in March, from 3% in February. The Office for National Statistics said this
Spirit Energy to cut 100 jobs in Aberdeen amid UK restructure
April 16, 2026
Up to 100 jobs at risk: Spirit Energy plans to cut around 100 roles in Aberdeen, reducing its workforce from roughly
Bank of England warns energy‑driven inflation risks could persist
April 15, 2026
Bank of England Monetary Policy Committee member Megan Greene said that while it may take months to assess the economic damage
Intertek’s potential breakup signals reshaping of energy services
April 14, 2026
British testing and certification company Intertek is mulling a split of its energy and infrastructure division from its broader testing and
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