Theresa May will today announce UK Government backing for a multi-million-pound Aberdeen underwater engineering hub to help the oil industry diversify into green energy.
Former British Prime Minister Gordon Brown weighed in on the BiFab contracts row yesterday, writing a personal letter to the director of the Belgian company who could decide the Scottish firm’s fate.
Indian prime minister Narendra Modi has said the recent wave of trade protectionism, in which governments raise barriers to free trade between nations, is “worrisome”.
Theresa May faced a backlash from business leaders after announcing plans to put a price cap on “rip-off” bills.
Energy price cap will force Big Six to ‘start competing on their own merits’, says green energy boss
Theresa May’s new proposed limit on utility costs will force the industry’s big energy giants to justify ‘charging extortionate rates’, believes Bulb co-founder Hayden Wood.
A Gazprom executive has been named as the new Prime Minister of Armenia a week after the resignation of his predecessor.
The industry has to do the bulk of the work to dig its way to recovery, Prime Minister of Norway today said.
A decade after David Cameron posed with huskies in the Arctic to show his green credentials, environmentalists say they are still waiting for “cleaner, greener” government.
Prime Minister David Cameron has claimed Scotland would have been weeks away from a "financial calamity" if full fiscal devolution had been given to the country. Cameron said new funding arrangements for Scotland needed to be completed in a "fair and reasonable way" after the SNP asked why the UK Treasury was proposing plans that may cost Scotland £3billion.
Margaret Thatcher agreed to a major review of energy policy at the height of the 1980s oil downturn after being warned of "daunting uncertainties" in the field, previously secret records reveal. Number 10 adviser John Wybrew told the then prime minister the review should consider how much government support should be provided to see the industry through the collapse. In a memo from July 1986, released by the National Archives today, he argues any attempt to formulate a "definitive master plan" would do "more harm than good".
India will offer cooking gas subsidies only to citizens with taxable incomes of less than 1 million rupees ($15,000) a year, part of Prime Minister Narendra Modi’s plan to sustainably curb Asia’s widest budget deficit. The more than 163 million consumers can voluntarily declare their eligibility starting Jan. 1, the Oil Ministry said in a statement on Monday. It didn’t announce steps to enforce the decision.
David Cameron will host talks with Xi Jinping at Downing Street as he seeks to cement multi-billion trade deals during the Chinese president’s four-day state visit to the UK. Investment by Beijing in Britain’s first UK nuclear power plant in a generation is expected to be confirmed as part of what the Government hopes will amount altogether to £30 billion of agreements. But the lavish welcome given to the president was attacked as a “national humiliation” by a former close adviser to the Prime Minister, who is under pressure to raise concerns about human rights and “dumped” cheap steel blamed for the loss of thousands of British jobs.