British Gas makes record £1bn profit after Ofgem lets it charge customers more

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE British Gas has revealed record half-year profits of £970m after Ofgem allowed the gas and electricity supplier to make more money from household bills. Operating profits for the first six months of 2023 were 10 times the £98m made in the same period … Read more

Higher taxes under Labor will hurt green investment, Shell boss warns

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Mr Sawan, who took over as chief executive in January, added: “Governments rightly have to do what they have to do. But I think that governments are also aware of the important role that companies like ours play in investing in basic infrastructure … Read more

MPs warn that Britain will not be able to keep the lights on with zero power

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Great Britain has made significant progress in reducing emissions from its electricity system, with wind turbines now produce about a quarter of the year’s electricity. However, production is still dominated by gas-fired power plants, which produce more than a third of annual electricity … Read more

Hunt warned that the windfall tax was putting billions of pounds of investment at risk

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The wind farm letter was signed by executives from EDF, EnBW, ESB, Ørsted, Ocean Winds, RWE and Statkraft, along with representatives from industry bodies Energy UK and RenewableUK. The two energy companies plan to invest £48 billion in Britain by 2030. But they … Read more

Rishi Sunak Plans to Expand Sudden Taxes

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE A new poll has found voters trust Mr Sunak more than Sir Keir Starmer to manage the economy. When asked who they trust more regarding the economy, 30 percent answered Mr. Starmer, while 41 percent of them supported the prime minister, according to … Read more

Shell shares slide after profit warning

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE May, North Sea oil and gas drillers have been hit by a windfall tax the UK government, which has increased its tax rate from 40% to 65% potentially by 2025 to help fund relief for households facing rising energy bills. Liz Truss, Prime … Read more

Liz Truss: No windfall tax for energy companies

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE Both candidates faced scrutiny this week of their plans to help households with the cost of living crisis. Customers face more pain next year if annual energy bills rise to more than £5,000. Ofgem, the energy regulator, may have to set a price … Read more

BP profits tripled after “exceptional” oil trading and high prices

MY NUMBER 1 RECOMMENDATION TO CREATE FULL TIME INCOME ONLINE: CLICK HERE The results follow similar gains posted by rivals such as Shell, which have fueled criticism over the impact of high wholesale prices on household energy bills. High gas prices pushed household energy bills up 54 per cent to £1,977 in April, with analysts … Read more

;
error: Content is protected !!