UK’s Green Investment Bank open for business

The UK’s Green Investment Bank (GIB) has officially been declared open as new details of its first investments are announced. Funded with £3 billion of Government money, the GIB is designed to encourage private sector investment in the UK’s transition to a green economy. Speaking in Edinburgh where the new bank is headquartered, Business Secretary […]

SSE half-year profits rise by 38.3%

Energy company SSE has seen its half-year profits rise by 38.3%. The supplier made £397.5 million before tax in the six months up to September, a rise from £287.4 million last year. SSE was the first of the ‘Big Six’ to announce an increase in gas and electricity prices this year, affecting around 8.4 million […]

Government announces water White Paper

The government has revealed it is to publish a White Paper on water. Richard Benyon, Parliamentary Under Secretary for Natural Environment and Fisheries, made the announcement at the Future Water 2010 conference in London. He said that now “is the right time for a water White Paper to provide a steer for the industry and […]