Finance News – U.K.
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World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds
In 2024, leading global financial institutions substantially raised their monetary support to companies in the coal, oil, and gas sectors, increasing total investments by over $160...
Read Full Article →The fallout from Israel’s strikes on Iranian energy sites
Disruptions to Iran's oil and gas facilities have the potential to increase volatility in global energy prices and impact economic stability in affected regions.
Read Full Article →Conservatives vow to end oil and gas windfall tax
Ending the additional tax on oil and gas profits could impact government revenue while potentially encouraging increased investment and production within the energy sector.
Read Full Article →Will the North Sea oil and gas industry be Labour’s next U-turn?
Changes in government approach toward North Sea energy production could significantly impact employment levels, regional economic stability, and fiscal revenues derived from the se...
Read Full Article →North Sea windfall tax causing ‘irreversible damage’ says oil giant
The additional tax on oil and gas companies operating in the North Sea is reportedly impacting industry stability and employment, leading to concerns about long-term financial effe...
Read Full Article →Annual energy bills in Great Britain forecast to fall by £129 in July
A recent forecast indicates that typical dual-fuel households in Great Britain may see their yearly expenses on gas and electricity decrease by approximately £129 starting in July,...
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