AML, SED, CWR: Stocks to eye as UK car production improves after a year

UK treasury officials introduced a new super tax to dissuade energy company heads from making hefty profits from their attractive gas contracts before letting their firms collapse. The tax, called the public interest business protection tax, will ...

Highlights  UK grocery bills may skyrocket with Russia’s invasion of Ukraine. The supply chain disruptions due to the sanctions may cause the UK food prices to escalate at their quickest speed in nearly a decade. UK grocery bill...

Highlights  The UK has a booming wind farm industry, and it is the world leader in offshore  The dispute between the UK and EU might be dragged to the WTO. There was a decline of 30% in wind farm energy generation from July to Septem...

Households in the UK are expected to face record levels of gas bills if Russia decides to invade Ukraine, as per the latest estimates of industry experts. On 24 January, NATO sent in reinforcements into the eastern European region amid growing con...

The transition to renewable sources of energy is a hot topic across the globe. Amid the ongoing energy crisis, the UK government on 25 January announced that it will devote funds worth £32 million towards the development of floating offshore ...

Highlights  Wincanton Plc shares went up with strong Q3 results. The company reported 15% revenue growth in Q3 and expects its full year profits to be higher than the present market expectations. Leading UK-based logistics company Win...

Highlights Britishvolt received backing from the UK government for building a large-scale battery plant in northern England which is expected to help boost EV production in the UK. Some other investors include Tritax and abrdn PLC, which helped...

Highlights  Energy UK’s CEO, Emma Pinchbeck, said that energy bills could likely increase further in October, following an expected price hike of around 50 per cent in April this year. Pinchbeck said the Oct price rise could happen i...

Highlights  ENA said UK gas networks would be ready to blend up to 20 per cent of hydrogen by 2023 It called on the government to increase the hydrogen production capacity to 10 GW by 2030, from the current target of 5 GW by 2030. Ind...

Highlights  Warrington Borough Council-backed energy supplier Together Energy became the latest and 27th supplier to go bust amid soaring gas prices. Together Energy and its subsidiary Bristol Energy’s collapse is expected to affect ...