UK inflation has risen to its highest level in four months, with higher energy bills pushing the cost of living back into sharper focus for households, businesses and policymakers. The BBC reported that prices are now…
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Energy bills in Great Britain are forecast to jump by £276, reaching nearly £2,000 in January due to rising gas prices and global conflicts
UK faces very difficult trade-offs in budget because of Iran, analysts warn The UK government may have less room for manoeuvre in the next autumn budget than previously expected if the Iran war continues to keep oil…
Incoming Prime Minister Andy Burnham faces immediate pressure on North Sea energy projects as he prepares to assemble his cabinet and launch an ambitious domestic policy agenda this coming Monday

A cooling UK labour market is offering little support to the idea that interest rates need to rise again soon, according to ING economist James Smith. In comments published by The Guardian Business in its live coverage…

Unions and thinktanks urge the UK to strengthen the financial muscle of the national wealth fund, enhancing investments for a more balanced economy
UK Prime Minister Andy Burnham was due to meet his newly reshaped cabinet on Tuesday after a sweeping round of appointments that elevated some of the politicians who helped bring him to power and removed several figures…

Major central banks tighten policy or keep rates restrictive as surging energy costs push inflation higher across leading economies.
Prime Minister Andy Burnham is evaluating a major proposal to reconfigure gas standing charges and accelerate heat pump adoption, potentially cutting average annual household energy costs by up to £130

Britain's foreign policy is about to get a distinctly greener orientation, with Foreign Secretary Ed Miliband set to signal that climate and overseas development will sit at the center of how the UK engages with the…
Brent crude has surged to $100 a barrel as escalating military action in the Middle East and tanker attacks in the Red Sea trigger fresh concerns over global energy supply stability
Britain’s gas system is moving back to the centre of the policy debate after an official assessment warned that the country could face supply problems in the 2030s unless ministers act more aggressively to protect the…

Production at Rosebank, the UK's biggest undeveloped oil and gas field, could be delayed for months after equipment was accidentally dropped into the sea, as the government weighs granting a licence.
Heatwaves, high energy prices and calls for reindustrialisation and North Sea drilling all rank high on the to-do list facing Andy Burnham as he becomes Britain's next prime minister.
Maritime nuclear energy startup Bluecore Energy has raised $10 million in a pre-seed funding round to develop small modular reactors on floating barges for ports and local infrastructure.

Fusion power startup Thea Energy has landed a $20 million grant from the Department of Energy's ARPA-E program to help scale production of the high-temperature superconducting magnets at the heart of its reactor design…
The European Commission says waiving penalties will ensure the security of energy

Venezuela has signed energy agreements with Chevron and Eni as Caracas seeks new investment, higher oil output and power-sector recovery.

A new NASA composite of the Tarantula Nebula combines Chandra, Webb and Hubble data to show how a vast stellar nursery releases energy.

Canadian Finance Minister suggests UK should team up with Canada in a proposed new economic alliance with Europe
The UK's decision to nationalise British Steel has triggered a sharp diplomatic rebuke from Beijing, with China's government formally declaring itself strongly dissatisfied with a move it argues sends a damaging signal…

Iran has warned that US-linked energy interests across the Gulf could be vulnerable if attacks on Iranian assets continue, deepening concern over shipping, oil supplies and the fragile security balance around the Strait…
UK mortgage approvals hit record lows in August 2023 as rising costs deter buyers, impacting the 30-year mortgage rate landscape

The Guardian reveals how sensitive UK police data on Microsoft’s cloud is vulnerable to foreign government access, raising serious security concerns