Archives

After weeks of sustained pressure from the opposition Labour Party and other campaigners, the UK government on Thursday announced a windfall tax to be levied on oil and gas companies to help ease the soaring energy bills for UK households. Called ...

• May 28, 2022 12:01 AM BST
• Abhishek Sharma

UK Market:  UK stock market is going to snap the week on a positive note, with the blue-chip FTSE 100 Index gaining around a quarter per cent. Oil and gas stocks came under selling pressure after Boris Johnson’s Government announced a &pou...

• May 27, 2022 04:05 PM BST
• Priya Bhandari

The leading North Sea exploration and production business, Ithaca Energy, is all set to go public this year. Israel-based energy company Delek Group, which is the parent company of Ithaca Energy, has announced that the IPO will be launched on the L...

• May 27, 2022 03:40 PM BST
• Rishika Raina

The FTSE 100 in a kneejerk reaction fell 2% early on Friday after Chancellor Rishi Sunak tabled his £15 billion support package to fight the cost-of-living crisis, though it recovered in the final hours. There is a buzz that the Bank of Engla...

• May 27, 2022 03:33 PM BST
• Priya Bhandari