Business and Energy Secretary Jacob Rees-Mogg resigns
Jacob Rees-Mogg, Secretary of State for Business and Energy and Industrial Strategy (BEIS), has reportedly resigned from his position following the appointment of Rishi Sunak as Prime Minister.
Jacob Rees-Mogg, Secretary of State for Business and Energy and Industrial Strategy (BEIS), has reportedly resigned from his position following the appointment of Rishi Sunak as Prime Minister.
UK energy bosses warned that ยฃ100 billion of planned sector investment risked being undermined by a suite of new government policies which seek to cap both consumer bills and generator earnings.
Liz Truss has blocked a ยฃ15 million energy-saving public campaign which had been signed off by Business Secretary Jacob Rees-Mogg.
The North Sea Transition Authority (NSTA) has fired the starting pistol on the 33rd oil and gas licensing round, the UKโs first since 2019.
A group of Just Stop Oil protesters have staged a sit in outside No 10 Downing Street and Trafalgar Square. They have pledged to return โevery single dayโ until the government meets the groupโs demands.
This is the stuff of a Whitehall Farce.
An independent review of the UK's 2050 net zero delivery goals has been launched, led by former energy minister Chris Skidmore.
Liz Truss faces a political backlash after lifting England's fracking ban, with anger from Tory MPs and the threat that opposition parties will use the excuse to drum up support in key electoral battlegrounds.
The UK government has set out plans to cover half the expected rise in wholesale energy prices in a bid to soften the impact on businesses and non-domestic energy users.
Boris Johnsonโs flagship energy bill faces significant change or being scrapped altogether as Liz Truss focuses efforts on lowering household energy costs, according to reports this week.
Jacob Rees-Mogg has taken over the energy brief as part of the new prime minister Liz Trussโ cabinet reshuffle.