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Energy company faces calls for toughened windfall tax as it reaps rewards from high gas pricesUK business live – latest updatesBP has scaled back its climate ambitions as it announced that annual profits more than doubled to $28bn (£23bn) in 2022 after…
Public spending watchdog says £69bn package was applied so quickly it could be open to fraudA “significant number” of households in Great Britain received financial support they did not need through the government’s £69bn package to cushion the blow of…
Senior judge makes ruling covering England and Wales amid concerns over vulnerable customersMagistrates have been ordered to stop issuing warrants allowing energy firms to force fit prepayment meters in England and Wales.One of the country’s most senio…
UK’s shortest-serving prime minister says she ‘learned a lot’ from time in government but does not want top job again. This live blog is now closedSharon Graham, the Unite general secretary, has also criticised ministers again for refusing to engage in…
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Exclusive: Looming auction to earmark £1.5bn to put power generators on standby and keep the lights onThe billionaire West Ham United investor Daniel Křetínský and Swiss commodities giant Vitol are among bidders hoping to land hundreds of millions of p…
Business secretary accuses energy market regulator of ‘having the wool pulled over their eyes’ by suppliersThe business secretary has told the energy market regulator to toughen up on suppliers in the wake of the prepayment meter scandal.Grant Shapps a…
Norway’s sovereign wealth titan threatens to vote against boards on firms it holds investments with over lax climate and social targetsNorway’s sovereign wealth fund, the world’s single largest investor, has warned company directors it will vote agains…
Directive comes as energy minister expresses ‘horror’ at claims British Gas contractor allegedly broke into vulnerable customers’ homesThe energy minister has expressed “horror” at revelations about a British Gas contractor allegedly breaking into vuln…
Debt collectors allegedly broke into homes to fit meters despite signs of children and vulnerable people living thereThe energy regulator has launched an investigation into British Gas after it emerged that agents working on its behalf ignored customer…