finance
Thames Water’s parent company, Kemble Water Holdings, has received a caution from auditors, indicating a potential cash shortage by April if shareholders fail to inject additional funds
Oil and gas companies are facing almost no additional borrowing costs compared to less polluting businesses, according to a study by S&P Global Ratings
The water supplier is set to cut jobs, primarily in its retail and digital divisions, as part of a broader effort to enhance financial stability
The suppliers have been granted permission by the Competition and Markets Authority to intervene in Utilita’s appeal against Ofgem’s decision to implement minimum capital requirements for energy suppliers
A study reveals extensive financial losses of approximately $2.8 trillion from extreme weather damage due to the climate crisis, impacting around 1.2 billion people between 2000 and 2019
Major financial institutions, including Barclays, Lloyds, NatWest have reportedly been invited by the Treasury for discussions aimed at revitalising investments in North Sea oil and gas ventures
Mitie’s collaboration with Lloyds Banking Group sees the introduction of a heat pump that is predicted to drastically reduce the bank’s carbon footprint
Macquarie has raised its ownership in Southern Water to over 75%
The measure aims to enhance industry resilience against market shocks and supplier failures
CF Fertilisers plans to permanently close its ammonia plant at the Billingham Complex to “ensure the long-term sustainability of its business in the UK”