Energy reshuffle! Kwasi Kwarteng appointed new Business Secretary as Alok Sharma becomes full-time COP26 President

Anne-Marie Trevelyan becomes Minister of State for Business, Energy and Clean Growth

Where should compensation for climate change policies go?

BIS is calling for evidence from businesses affected by rising energy prices as a result of climate change policies to help the Government target funds from the Energy Intensive Industries (EII) Package. Last year it was announced energy intensive users will get a £250 million package from the Government to counter rising electricity bills. It […]

Business Secretary praises North East

Business Secretary Vince Cable has lavished praise on the efforts of companies in the North East in making a difference to the UK’s low carbon economy. Mr Cable said Government would work with industry: “As part of the transition to a low carbon economy we need to ensure that energy intensive industries remain competitive and […]

Cable: shareholders essential for green investment

Vince Cable has touted the role of shareholders to the energy industry in a dispute over the rise of their payouts compared with the rise in bills for consumers. His comments came as Centrica – the parent company of British Gas – brought out its quarterly profits, revealing it had upped the shareholder dividend by […]

Business Secretary visits port to UK green future

Business Secretary Vince Cable has toured Alexandra Dock where Siemens plans to build an £80 million wind turbine factory expected to be operational by 2014. Associated British Ports will build a £100 million deepwater berth to handle the new generation of large offshore wind developments. Business Secretary Vince Cable said the port signified a shift […]