Procurement's Role in UK Government's Forced Labour Policy

RBC review The government's Responsible Business Conduct (RBC) review is currently exploring several options to strengthen corporate accountability. These include the potential for mandatory human rights and environmental due diligence obligations...

Amid Bolstering Bilateral Trade Relations, Confidence, UK’s Body Shop Debuts in Lagos

•Nigeria, UK trade hits £7.9 billion James Emejo and Michael Olugbode in Abuja The UK’s Body Shop has announced the opening of a new store in Lagos, following the brand’s successful debut in Abuja in March. The development further demonstrates the...

UK households face paying just £84 for TV license under one condition

Households face paying £84 for a TV license fee under one condition(Image: Getty Images) It’s one of the household bills that has become more and more controversial in the wake of the streaming era. While millions of households have no issue with...

Octopus Renewables sells entire stake in HYRO Energy

Octopus Renewables Infrastructure Trust has sold its entire stake in UK-based HYRO Energy for an expected £4.6 million ($6.1 million) as the company seeks to reallocate its development capital. The divestment aligns with the investment trust's...

Lukoil to Sell Foreign Assets After US Sanctions Hit Russian Oil Giants

Russia’s second-largest oil producer, Lukoil, announced on Monday that it plans to sell its international assets after shock sanctions imposed last week by US President Donald Trump. The Moscow-based energy giant said in a statement on its website...

Petrofac submits lowest bid for Kuwait Oil Company's $1.4 billion water injection project

Kuwait Oil Company (KOC) announced that it has received two bids for its $1.4 billion Water Injection Plant-IV (WIP IV) project in South Kuwait, reports Zawya. Petrofac International Limited, a British energy services company, submitted the lowest...

Maduro suspends energy agreements with T&T

Just hours after Venezuelan Vice President Delcy Rodriguez announced stakeholders’ intent to suspend all gas agreements with Trinidad and Tobago, Venezuelan President Nicolas Maduro announced that he approved the measure. The proposal was...

UK Sets £1.08 Billion Offshore Wind Budget In 2030 Push

The UK government will offer an annual £1.08 billion support budget for new offshore wind projects under its next renewable electricity auction, with £900 million dedicated to fixed-bottom developments and another £180 million for floating...

UK energy firm Petrofac files for administration

LONDON (AFP) British energy infrastructure group Petrofac announced Monday it has filed for administration following the collapse of a major wind energy deal, potentially putting thousands of jobs at risk. European electricity grid operator TenneT...

Just Stop Oil protesters avoid jail after 'publicity' stunt to spray Taylor Swift's plane

Two Just Stop Oil protesters have avoided jail after they attempted to spray Taylor Swift's private jet in a "publicity" stunt. Jennifer Kowalski, 29, and Cole Macdonald, 23, entered Stansted Airport in Essex on June 20, 2024 ,with the intention...

McDonald’s smuggles menu favourites into UK in global heist

McDonald’s and Leo Burnett UK have launched a nationwide integrated campaign titled “World menu heist”, celebrating the arrival of eight of the brand’s most coveted international menu items in the UK for the first time. For years, McDonald’s fans...

UK seeks ‘ring of steel’ alliance to protect against cheap metal imports

Britain is in talks with the United States and European Union to create a “ring of steel” trading bloc to protect the West against cheap imports of metals, which are threatening industry on both sides of the Atlantic. Under proposals being...

UK faces $26.8 billion public finances gap from productivity cut, FT reports

LONDON (Reuters) -Britain's budget watchdog is expected to cut a key productivity growth forecast by a larger-than-expected 0.3 percentage points, the Financial Times reported, signalling further pressure on the government before next month's...

Zetwerk sues General Catalyst-backed Ayr Energy over alleged misuse of confidential data

Manufacturing unicorn Zetwerk, along with its US subsidiary Unimacts Global LLC, has filed a lawsuit against General Catalyst-backed power equipment manufacturer Ayr Energy for alleged theft and misuse of its trade secrets and proprietary business...

Energy folly and obedience are killing Germany’s industry

As World War II drew to a close, the United States briefly entertained one of the most draconian postwar ideas in its history – the Morgenthau Plan. Proposed by Treasury Secretary Henry Morgenthau, the plan envisioned a demilitarized, dismembered,...

UK creative industries under threat from soaring office rents

The UK's creative industries face mounting pressure from surging rents and a scarcity of appropriate workspace, a fresh report has revealed. Rental costs have climbed by a third since 2019 whilst growth within the creative sector has stagnated,...

UK Green Extremist Activists Who Tried to Vandalise Taylor Swift’s Private Jet Spared Jail

AFP — Two climate activists were Monday spared jail by a UK court after they sprayed two planes with orange paint to protest US pop star Taylor Swift’s use of private jets. Just Stop Oil (JSO) activists Jennifer Kowalski, 29, and Cole Macdonald,...

Hurricane Melissa UPDATES: Foreign Office statement as Brits face deadly storm

Hurricane Melissa could be the strongest storm to ever hit Jamaica when it makes landfall on Tuesday morning. Hundreds of British tourists are reported to be on lockdown inside hotels as the Category 5 hurricane barrels towards the country. Guests...

British Library workers begin two-week strike

HUNDREDS of workers at the British Library in London began a two-week strike in a dispute over pay today. More than 300 staff have downed tools after facing a below-inflation rise for the second consecutive year, the Public and Commercial Services...

Contracts for Difference: UK Government confirms boost in payments to offshore wind developers

Pictured: The Rampion wind farm off the coast of Sussex DESNZ’s latest budget updates for Allocation Round 7 (AR7) of the Contracts for Difference (CfD) auction confirm that a maximum of £900m has been available to fixed-bottom offshore wind farms...