Monday 1st September 2014                 Change text size:

Photo: Government ZA via Flickr

Up to £3.7m in pay and share incentives for Centrica new boss

Utility company owner of British Gas, Centrica, has announced its new chief executive will receive a basic salary of £925,000 and a range of incentives – still less than the amount earned by previous boss Sam Laidlaw. Iain Conn, who will join from January 2015 and previously worked for...


pangolin by David Brossard via Flickr

Threatened pangolins being illegally eaten to extinction

Much has been made of the plight of iconic species such as elephants and rhinos, but the pangolin – nicknamed the scaly anteater – is now the most illegally traded mammal in the world, conservationists have revealed. Eight different species of pangolin live across Asia and sub-Saharan Africa, but...


Barclays 1 By Elliott Brown via Flickr

7% decline in Barclays annual profits due to failing investment arm

Barclays Bank has taken a slight hit in annual six-month pre-tax profits by 7%, as declines in the investment arm affect overall revenue. However, the bank has still announced pre-tax profits of £3.35 billion, but has been hit by an 18% decrease in income due to its investment side...


3392314686_7c779bfcf9_z

Campaign calls for tourism VAT to be cut

In order to encourage Brits to take holidays at home and attract more international visitors, a campaign is calling for the UK government to cut the rate of tourism VAT and bring it in line with competing destinations within the EU. The campaign explains that there are a limited...


James Ennis 2

Divestment: University of London’s school freezes fossil fuels investment

London University’s School of Oriental and African Studies (SOAS) has temporarily frozen its investment in fossil fuel companies and said it would explore the possibility of full divestment, following a campaign from more than 600 students calling for cutting ties with firms blamed for climate change. SOAS has become...


Ebola doctors in Guinea

Foreign secretary warns of Ebola Virus risk to UK

UK foreign secretary Phillip Hammond has this week confirmed the UK government is taking measures ahead of the possibility of the Ebola Virus hitting UK shores, which has already killed 670 people in West Africa. Talking to the BBC, Hammond confirmed that so far no Britons had been infected...


USA power plant by squeaks2569 via flickr

Investment in wind and solar energy needed to avoid water crisis, study warns

The world will face a global water shortage by 2040, unless wind and solar energy is used to replace conventional methods of energy generation, a new study has warned. Most forms of power plants, such as nuclear or coal-fired facilities, use considerable quantities of water to produce electricity. Many...


196884897_c7438b2004_z

Climate inaction will lead to higher costs, warns White House

Delaying action on climate change could be costly for economies and the world, warns a new report from the White House. It argues that costs will increase either because of the damage caused by the effects of climate change or because of the need to rapidly implement measures. The...


Unite Students partner with Philips

Philips and Unite Students in a £21m LED partnership to reduce carbon footprint of student housing

Leading developer of student accommodation, Unite Students has announced a £21 million energy efficiency partnership with technology company Philips. The deal will help reduce the carbon footprint of Unite Students and reduce energy consumption in student properties. Philips and Unite Students will together install energy efficient light-emitting diode (LED)...


Photo: WWII Memorial Friend via Twitter

Theodore Van Kirk, last surviving Enola Gay crew member, dies aged 93

The last surviving member of the crew of the Enola Gay, the US bomber that dropped the atom bomb on Hiroshima to effectively end the second world war, has died aged 93. Theodore ‘Dutch’ Van Kirk, the navigator of the Enola Gay, died of natural causes on Monday at...


Photo: Oleg Zaytsev via Flickr

Ofgem announces plans to reduce electricity bills through new price controls

Energy regulator Ofgem has announced proposals that could see average savings for household energy bills of £12 per year. The proposed price controls for five electricity network operators in the UK will mean their spending is capped at £17 billion to maintain the electricity network. Maintenance and upgrades of...


4662723899_2d66ce07a5_z (1)

Bankers could face tougher regulation, including bonus clawback

The Bank of England has revealed plans for tougher regulations for bankers, including clawing back bonuses after they have been paid and long jail terms for reckless behaviour. The proposed rules aim to improve individual responsibility and accountability in the sector. The Prudential Regulation Authority (PRA) and the Financial...


Colorado Oil

Colorado residents go ‘untold’ as oil spills occur twice a day

An analysis conducted by the Denver Post in the US state of Colorado has concluded that oil spills have dramatically increased since last year, often happening twice a day, and without residents being notified, regardless of state law. With 52,000 active oil drills in the US mid-western state, increases...


Tony Hall via flickr

Driverless electric cars to be tested on British roads in 2015

The government has launched a bid for a share of a £10 million competition for cities to host a driverless cars trial and a review of the UK’s road regulations to see how Britain can implement the new technology. Driverless cars work through a system of GPS and have...


Photo: Mike Mozart via Flickr

Western sanctions on Russia worry BP investors

The US and the EU have announced new economic sanctions against Russia, including measures that may impact on international oil companies. The decision was made as Western governments accuse Russia of supplying arms to separatist rebels in Ukraine and blame the government for complicity in the shooting down of...


Latest poll

Who is the primary supplier of your domestic energy?

View Results

Loading ... Loading ...