Category : Finance

Blackouts less likely this winter says National Grid

Payments were likely to be at a similar level to last year's £3,000 per MWh, it said, but how much would be passed on to customers and in what form - whether as cash payments, vouchers or even in the form of a prize lottery - was at suppliers' discre...

The deep rooted problem holding back the UK economy

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Meta announces AI chatbots with 'personality'

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ChatGPT can now access up to date information

"If this functionality or capability weren't there, you would need to go to Google or to Twitter or to your preferred news outlet. Now, you can treat this as a source of the latest news, gossip and current events," says Tomas Chamorro-Premuzic, profe...

Rosebank oil field: What is the row over the project?

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HS2 explained: What is it and why are parts being delayed?

HS2 is the UK's biggest infrastructure project, supposed to transform public transport between London, the Midlands and the North.But it is becoming synonymous with political football, disappointment, delays and spiralling costs. It's b...

Morrisons boss can leave with head held high and release the hand tied behind his back

It is tempting to speculate what David Potts, whose departure as Morrisons chief executive was announced today, might have achieved in the role had the grocer not been acquired by private equity owners at the end of 2021.The £7bn takeov...

Rosebank won't make enormous difference to UK economy - but the politics are significant | Ed Conway

The timing could hardly be any more provocative.Barely 24 hours after the International Energy Agency (IEA) reiterated in a new piece of analysis that there was no need for new oil or gas projects if the world is to get to net zero, Bri...

North Sea Oil, wine and the Sunshine State

On today's episode, Ian King discusses the development of Rosebank - the UK's largest untapped oil and gas field. He also speaks to the Mayor of Jacksonville about investment in Florida.And Ian chats to the chief executive of Chapel Do...

Rosebank oil field: Will it mean cheaper energy bills?

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Rosebank oil field given go-ahead by regulators

But Russell Borthwick, chief executive of Aberdeen and Grampian Chamber of Commerce, said: "Rosebank will make an important contribution to UK and European energy security, create several hundred new jobs here in Scotland and result in over £6bn bein...