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Government to double hydrogen power target
The government is expected to double its target for hydrogen production in the Energy Security Strategy to be published on Thursday.Low-carbon hydrogen is considered a crucial contributor to a greener energy system, with potential to replace natural gas in domestic heating and industrial energy supply, as well as industrial transport. Last year Business Secretary Kwasi …
Business
Sky News
The West is chipping away at Russia’s ability to finance its violent campaign in Ukraine
The EU is preparing its fifth and latest package of sanctions against Russia – with a complete ban on Russian coal imports likely.This would be a blow to the economy of Russia which, after Indonesia and Australia, is the world’s third largest exporter of coal. The country exports some 262 million tonnes of coal annually, …
Business
Sky News
Elon Musk overtakes Jeff Bezos to claim title of world’s richest man
Elon Musk is now the world’s richest man, according to Forbes, relegating Amazon founder Jeff Bezos to second place for the first time in four years.Musk was worth an estimated $219bn (£166bn) on 11 March – when the Forbes’ list of world billionaires locked in net worths – after adding $68bn to his fortune over …
Press Release
Pressat
Oporteo now live at Robinson Wholesale!
Oporteo, an omnichannel ecommerce platform, has been launched at Robinson Wholesale, giving the food and drink wholesaler unlimited digital capabilities. Including real-time integration with their existing ERP system which will help them deliver exceptional customer experiences across all channels. The ability to seamlessly integrate Oporteo with Sage Line 200 was a key selling point for Robinson …
Business
Sky News
Windfarms, nuclear and fracking: What is likely to be in the ‘Energy Security Strategy’?
A new strategy for how the UK will produce more of its own energy is to be announced this week after several delays.The government has confirmed it will publish the “Energy Security Strategy” on Thursday to help tackle soaring energy prices and reduce reliance on Russian oil and gas. Boris Johnson promised the plan in …
Business
Sky News
Nuclear and windfarms: What is in the energy security strategy?
A new strategy for how the UK will produce more of its own energy has been unveiled in full after several delays.The government has published the “Energy Security Strategy” to help tackle soaring energy prices and reduce reliance on Russian oil and gas. Nuclear power forms a key part of the plan, with offshore wind, …
Business
Sky News
Disney chief Iger approached to back Pagliuca’s Chelsea bid
The private equity billionaire who owns the Boston Celtics basketball team has approached a number of wealthy businessmen including the former Walt Disney chief Bob Iger about backing his bid to buy Chelsea Football Club.Sky News has learnt that Steve Pagliuca is in talks with a string of potential co-investors ahead of a deadline for …
Business
Business Live
Bristol Port receives first Mazda cars shipment direct from Japan
Bristol Port has received a first shipment of Mazda cars from Japan after the manufacturer chose it for its new direct UK import route. Mooring at Bristol’s Royal Portbury Dock last Monday (March 28), the NOCC Atlantic delivered 2,355 cars to Mazda’s new automotive port handling centre within the Bristol Port Company estate. The opening …
Business
Business Live
Accountancy acquisition swells Scunthorpe team as it takes on Lincoln practice
A fast-growing Scunthorpe accountancy firm is set for further expansion after acquiring a practice in Lincoln. Jackson Stapleton Accountants has doubled its staff numbers to 24 with the acquisition of Fawcett & Co. The Laneham Street firm now plans to expand its services to include wealth advisory, legal services, estate agency and marketing to provide …
Business
Business Live
Proposals to put North at centre of UK’s push towards net zero
Plans to put the North at the centre of the UK’s push towards net zero have been published. The 11 local enterprise partnerships (LEPs) in the region have published a Net Zero North Prospectus, outlining four areas where the North has world-leading capabilities that could drive the UK’s Green Industrial Revolution. The report highlights work …
Business
Business Live
South West tool wholesaler builds on expansion with three deals
A fast-growing South West industrial tool wholesaler has added to its network of suppliers after completing three deals. Exeter-based United Tooling Solutions Ltd (UTS) has acquired Weston-super-Mare’s Nuts & Bolts Ltd, Fastfix Bristol Ltd and Newcastle-under-Lyme’s Mettex Fasteners Ltd, all for undisclosed sums. All three businesses each supply and distribute fixings alongside power and auxiliary …
Business
Sky News
Economy ‘surged higher’ in March but risk to growth intensifies as firms raise prices
A rise in demand for leisure and entertainment activities last month helped the UK economy grow more than had been expected, according to a closely watched survey, as fears intensify that soaring inflation will apply the brakes.The S&P Global/CIPS UK Services PMI, which measures the sector accounting for 80% of the country’s economy bar retail, …

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