Wholesale natural gas prices have risen by more than 40% this month as a raft of pressures, described by one analyst as a “perfect storm”, threaten to raise energy bills ahead. Day-ahead prices for UK delivery were at a six-month high on Friday, a rise of more than 14% on the day, as contracts across […]
Gas prices soar 40% amid ‘perfect storm’ of pressures Read More »
Rachel Reeves’s plans to curb cash ISA limits with the aim of fuelling a wave of stock market investing “are doomed to fail”, the boss of one of Britain’s biggest retail investment platforms has warned. Sky News has learnt that Michael Summersgill, chief executive of AJ Bell, which has more than £100bn of client assets
Reeves’s cash ISA reforms ‘doomed to fail’, AJ Bell chief warns Read More »
Water is finally being restored to some homes across Kent and Sussex – after almost a week of chaos. Some 6,500 homes will have their taps running again after a gruelling six days of disruption – which has prompted fury towards provider South East Water (SEW). The firm blames the outage – which has affected
South East Water restores supply to homes in Kent and Sussex after week of chaos Read More »
The petrol forecourts giant founded in Blackburn by brothers Mohsin and Zuber Issa will next week kick off formal plans for a $9bn (£6.7bn) US stock market listing. Sky News has learnt that EG Group, about 25% of which is owned by each of the brothers, will hold a beauty parade of banks in London
Petrol forecourts giant EG Group fires up plan for $9bn US float Read More »
An electric vehicle charging point provider backed by Britain’s biggest high street banks is exploring a sale amid fears over the impact of the Treasury’s latest tax raid on the sector. Sky News has learnt that Trojan Energy, which is part-owned by the BGF, is working with advisers on a review of its strategic options,
EV charging point group seeks spark amid Reeves tax raid Read More »
Whether used as a natural sweetener in cooking, as a home remedy for a sore throat or simply for drowning your pancakes, honey is a staple in cupboards across the country. But what’s the best stuff? What do you look for on the label? And can you get good honey in supermarkets? Read all the
The problem with supermarket honey – and what you should be looking for on the label Read More »
Ofcom has welcomed restrictions on Grok, X’s AI chatbot, to prevent the generation of sexualised images. Sir Keir had made similar comments the previous day. The regulator said its investigation is “ongoing” to “get answers into what went wrong and what’s being done to fix it”. It came as the prime minister said in a
Ofcom welcomes Grok sexualised image restrictions and says investigation ‘ongoing’ Read More »
The UK economy recorded growth of 0.3% in November, according to official figures, showing an improvement for output at a time when households and businesses were anxiously awaiting details of the budget. The Office for National Statistics (ONS) reported an improvement for industrial production on the previous month amid the phased restart of manufacturing at
Economy records 0.3% growth in November Read More »
The Grok AI tool on Elon Musk’s X will no longer be able to undress pictures of real people, the company has announced. “We have implemented technological measures to prevent the Grok account from allowing the editing of images of real people in revealing clothing such as bikinis,” said a statement. “This restriction applies to
X to block Grok AI from undressing images of real people Read More »
When South East Water (SEW) is in the news, the headlines do not generally make for comfortable reading. While the water and sewerage industry and its regulators have little to cheer about, this water-only supplier is now facing calls to be nationalised – such is the strength of feeling over performance as it grapples with
South East Water supply crisis is familiar tale for customers Read More »