Edition:
United Kingdom

Susanna Twidale

Britons set for £6 billion energy windfall from network curbs

24 May 2019

LONDON Britons could see a 6 billion pound cut in energy bills over five years from 2021, saving the average household 40 pounds per year, under plans to curb what gas and electricity network firms can pay shareholders.

SSE earnings drop, outlook unclear on Labour nationalisation threat

22 May 2019

Energy supplier SSE Plc said on Wednesday annual earnings fell more than a third as it battled stiff competition and warned of an uncertain outlook due to the opposition Labour party's plans to nationalise Britain's energy networks.

UK energy network firms rattled by Labour state ownership plan

15 May 2019

LONDON Britain's opposition Labour Party intends to take energy networks back into state ownership if elected, prompting infrastructure owners to warn of damage to investment, high taxpayer costs and a slower transition to green energy.

British retail energy woes weigh on E.ON, Centrica

13 May 2019

FRANKFURT/LONDON E.ON and Centrica, two of Britain's so-called "big six" energy providers, warned on Monday of a toughening retail market, raising the chance of cost cuts in response to falling profits.

British Gas owner Centrica expects tough first half trading conditions

13 May 2019

Britain's largest energy supplier Centrica Plc faces a challenging trading environment in the first half of the year due to a national cap on energy prices, warmer-than-normal weather and weak UK natural gas prices, it said on Monday.

Energy firm SSE to cut jobs as competition, energy price cap bite

08 May 2019

SSE said on Wednesday it would cut jobs in its customer service and metering teams as the British energy company faces a perfect storm of stiff competition, higher costs and a cap on how much it can charge.

Britain has first coal-free week in over a century

08 May 2019

LONDON Britain, the birth place of coal power, has gone seven days without electricity from coal-fired stations for the first time since its 19th century industrial revolution, the country's power grid operator said on Wednesday.

Britain set for first coal-power free week in over a century

08 May 2019

LONDON, May 8 Britain, the birth place of coal power, is set to go seven days without electricity from coal-fired stations for the first time since its 19th century industrial revolution, the National Grid operator said on Wednesday.

Britain should strengthen climate goal to net zero emissions by 2050 – advisers

02 May 2019

LONDON Britain should commit to a net zero greenhouse gas emissions target by 2050, government climate advisers said, a goal that could require phasing out new petrol and diesel cars by at least 2035 and a 20 percent cut in beef and lamb consumption.

Britain should deepen climate target to net zero emissions by 2050 – advisers

02 May 2019

* Net zero target achievable by 2050 with existing technology

World News

Europeans vote, with EU future in balance

Europeans vote on Sunday in an election expected to further dent traditional pro-EU parties and bolster the nationalist fringe in the European Parliament, putting a potential brake on collective action in economic and foreign policy.