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Sky News
Call for social energy tariff to help most vulnerable before ‘bad situation gets a whole lot worse’
Nearly 100 charities and organisations are calling for a social energy tariff to help low-income and vulnerable people heat their homes amid the ongoing cost of living crisis.In an open letter to Chancellor Jeremy Hunt, groups including Age UK, Scope and National Energy Action (NEA) have warned that the withdrawal of universal energy support from …
Business
Evening Standard
Tougher windfall tax would protect families from rising bills in April – Labour
Labour would toughen up the windfall tax on energy companies, with the party set to urge the Government to stop the energy price cap rising this spring.In a speech at the Fabian Society Conference on Saturday, shadow chancellor Rachel Reeves will warn that millions are under threat from rising bills come April, when Government support …
Press Release
Pressat
Civil Air Support Photographic Missions Reveal Extent of Flooding
As the Environment Agency together with Somerset County Council declares a ‘major incident’ on the vulnerable Somerset Levels, Local Resilience Forums (LRFs) up and down the country continue to maintain a cautious watch in anticipation of further flood warnings. Current concerns are centred around the Southwest and along the South coast, where higher-than-average rainfall has …
Business
Business Live
SSE gives update on Keadby Two Power Station delay
SSE has given an update on when its latest power station should be operational. Keadby Two, a £350 million combined cycle gas turbine plant in North Lincolnshire, will recommence commissioning this week, with the performance validation period anticipated to complete on February 11. The update was given in the company’s third quarter trading statement, having …
Business
Business Live
Second sale process fails for Icelandic Seafood UK – bosses to evaluate options
Exclusive talks to sell a Grimsby seafood firm have failed to reach a deal for a second time. Iceland Seafood International had signed a letter of intent with an unnamed “respected industry player,” weeks after December’s first sale process began for its UK division. It will now “evaluate options,” with almost 200 jobs thought to …
Business
Evening Standard
Retail stocks help FTSE climb despite downbeat sector data
The UK’s retail stocks helped provide the FTSE with a slight rebound on Friday, despite a disappointing set of industry-wide economic data.The Office for National Statistics (ONS) revealed that retail sales volumes fell by 1% in December, representing a second consecutive monthly decline.Nevertheless, investors took an opportunity to buy into the likes of Asos, JD …
Business
Evening Standard
Treasury ‘considering plans to inject £300m into struggling British Steel’
The Government is considering a plan to funnel nearly a third of a billion pounds towards British Steel to save the struggling metal maker from collapse.A Treasury source told the PA news agency that Chancellor Jeremy Hunt is thinking about handing the company £300 million in instalments over the next few years, if it meets …
Business
Business Live
People on the move: Top North East appointments and promotions
Newcastle law firm Muckle LLP has appointed Scott Cable to its growing real estate dispute resolution team. Mr Cable, who has 15 years of experience in property disputes and joins Muckle as partner, will be working alongside partner and head of real estate dispute resolution Charlotte McMurchie, senior associate Jennifer Pearson, associate Sarah Barratt and …
Business
Business Live
Buyer emerges to save The Newry Reporter at eleventh hour
A buyer has emerged for The Newry Reporter, one of Northern Ireland’s oldest newspapers, as it was preparing its last edition. National World Publishing, a media investment company formed in 2020 by publishing David Montgomery in order to buy the former Johnston Press assets, has bought the 155-year-old title, a move which will save the …
Business
Evening Standard
Mark Harper: There is no ‘bottomless pit’ of money to improve RMT offer
Transport Secretary Mark Harper has insisted an offer made to the Rail, Maritime and Transport union (RMT) in a bid to break the deadlocked dispute over pay, jobs and conditions will not be improved.The Cabinet minister said there is “not a bottomless pit” of money available to railway workers.The Rail Delivery Group (RDG), representing train …
Business
Business Live
Advisory board appointments bring global tech experience to emerging Edge Hub
The Edge Hub, Hull’s emerging innovation and digital upskilling venture, has made several senior appointments to form its advisory board, while entering into a global partnership for tech export. Set to launch this spring, from the team behind Tech Week Humber, the purpose-built hybrid environment will focus on filling the demand for digital skills across …
Business
Sky News
Climate crisis ‘sliding down agenda’, warns global energy watchdog
Climate change is slipping down the international agenda, raising the risk governments will slow their pace in reducing greenhouse gas emissions, the head of a global energy watchdog has told Sky News.Speaking on the fringes of the World Economic Forum in Davos, Fatih Birol, executive director of the International Energy Agency, said the mood at …

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