Energy companies uk

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Ovo Energy is reportedly planning to take over the UK arm of Shell’s domestic energy supplier weeks after the oil giant said it was reviewing the future of the business. Sky News reported that Ovo is eyeing Shell Energy UK, which supplies around 1.4 million homes across Great Britain with gas and electricity. It also has a significant broadband arm, which supplies around half a million customers. The business employs around 2,000 people in the UK. Ovo – which itself has around four million customers – could table a bid for Shell Energy as soon as Wednesday, Sky reported. Recommended Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live The broadcaster added that Ovo would want to offload the broadband … [Read more...] about Ovo Energy set to bid for Shell’s 1.4 million domestic customers

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Shell paid around £7 million in UK taxes last year and a further £8 million in fees despite the Government’s plans to tax the oil giant’s record profit. The company was able to write down its tax bill by around 42 million dollars (£34 million) due to the money it is spending in the country. But despite the low bill, it is in fact the first time since 2017 that Shell has paid more in tax than it was able to write off. The business paid a total of just under 18 million dollars (£15 million) in taxes and fees in the UK last year, it revealed on Wednesday. It is a massive jump from 2021 when the oil giant paid 10.7 million dollars (£8.7 million) in fees on the one hand but on the other was handed back 132 million dollars (£107 million) from HM Revenue and Customs. Recommended Charity boss … [Read more...] about Shell pays first UK tax for five years as record profit lands it with £15m bill

Cutting back on their energy consumption (44 per cent), recycling more (34 per cent), and using renewable energy such as solar panels (31 per cent), are some of the top ways in which small businesses plan to go greener in 2023, research has found. One in four (26 per cent) small- and medium-sized businesses (SMEs) plan to educate their staff on the best practices to reduce climate change, and 28 per cent will aim to try and use greener suppliers and products within their supply chain. And four in five have already measured their businesses' carbon footprint, or plan to do so in the near future. It comes as a poll of 1,000 small business owners found that one in five are working towards making their enterprise net-zero, and are making this a “core business strategy” for 2023. Six in ten (59 per cent) encouragingly say they are on track to meet their environmental targets for the year – and 32 per cent are even ahead of schedule for their plans. The top barriers standing in … [Read more...] about Full list of the 10 ways small businesses plan to go greener in 2023

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Scottish Power has signed a £1.3 billion deal to buy 95 wind turbines for an offshore wind farm off the coast of Norfolk. The deal, with Siemens Gamesa, will build enough capacity to supply about 1.3 million homes when the wind is blowing, the company said. The East Anglia Three wind farm will be the world’s second largest and support around 2,300 jobs through its construction. Prime Minister Rishi Sunak said: “I am delighted that Scottish Power and (parent company) Iberdrola are investing in the UK – creating thousands of jobs and crucially helping millions of families keep their homes warm with cheaper, renewable energy. Recommended Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live “Encouraging … [Read more...] about Scottish Power inks turbine deal for world’s second-largest offshore wind farm

Environmental campaigners have warned they could once again take the government to court over its "lacklustre" climate policy. Friends of the Earth said it was "poised to act" if the revised net-zero strategy, published today, failed to meet legal obligations to cut carbon emissions. The campaign group - along with ClientEarth and the Good Law Project - took the government to the High Court last year over its original flagship climate plan, and won. But the charity said a newly updated policy was also inadequate. Katie de Kauwe, a lawyer with Friends of the Earth, told Sky News: "We will be looking very carefully at this revised strategy and seeing whether it does stack up or whether it is indeed just kicking the can down the road. "But under the Climate Change Act, sections 13 and 14 do require plans and policies to enable upcoming carbon budgets to be met. "So this isn't just some sort of wishy-washy requirement. This is something that is hard edged." More on Net … [Read more...] about ‘Poised to act’ – Environment campaigners could take government to court if it fails to meet carbon emissions targets