UK water companies gained £800m windfall

Water companies made windfall gains of at least £800 million between 2010 and 2015. That’s according to a new report by the National Audit Office (NAO) which stated firms earned £410 million from lower than expected corporation tax rates and £840 million from lower than expected interest rates. It added they absorbed costs and provided water […]

Power prices up as NATO pledges Ukraine arms – DMR

UK energy prices have been lifted by the prospect of more Western intervention in troubled eastern Ukraine. This coincided with an undersupplied gas system this morning according to the daily market report from npower. Gemma Bruce, Client Portfolio Manager on npower’s Optimisation Desk said: “News over the weekend that NATO is delivering arms to the […]

NATO opens energy security centre in Lithuania

Never mind weapons treaties or political manoeuvring – NATO has energy in its sights. The international alliance which includes 28 countries including the UK, USA, Germany and France has opened an energy security centre in Lithuania to research and advise members about ways to power military action. NATO says supply lines and critical infrastructure are […]