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  • What is the latest news on the UK economy?
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Energy sector

  • December 30 2025
    Octopus Energy swings to a loss as it hits 10mn customers globally
    Energy start-up sees margin slide as its costs rise sharply
    Three engineers in rain gear move an Octopus Energy Cosy 6 heat pump on a driveway next to a branded Octopus Energy van.
  • December 30 2025
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    Climate policy suffers blistering setbacks in 2025 despite clean energy boom
    US retreat much worse and faster than expected in second Trump administration
    Donald Trump speaks into a microphone at a campaign event as Kristi Noem, holding papers, listens beside him. The backdrop reads “Drill baby drill”.
  • December 30 2025
    News in-depthMining
    Rwanda builds ‘global scale’ mines to shake off conflict mineral label
    Accused of being a smokescreen for metals smuggled from DR Congo, country now boasts Africa’s largest tungsten mine
    Aerial view of Nyakabingo Mine with mining equipment, buildings, and numerous workers, surrounded by forested hills.
  • December 29 2025
    Octopus Energy
    UK’s Octopus Energy to sell stake in tech spin-off Kraken at $8.65bn valuation
    Investors including D1 Capital Partners, Fidelity and Ontario Teachers’ Pension Plan to purchase $1bn in equity
    Amir Orad
  • December 29 2025
    LexNuclear energy
    Mini nuclear reactors are already losing their glow
    Several studies suggest SMRs will produce higher levels of nuclear waste than traditional plants
    Premium content
    A digital rendering shows the planned Rolls-Royce small modular nuclear reactor with a geometric dome structure and parking area in a landscaped setting.
  • December 29 2025
    Mining
    Bauxite miner Axis launches $29bn claim against Guinea
    Mining groups lose licences as resource-rich African states seek bigger share of profits
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    The wildcat traders and US contractors piling into Pakistan’s antimony
    Fears about China’s control of the rare earth supply chain have bolstered demand for alternative suppliers
  • December 28 2025
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    North Sea suffers worst year since 1970s as drillers freeze investment
    Exploration falls to lowest level since oil and gas were discovered in UK basin 60 years ago
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    Electric power
    Data centres turn to aircraft engines to avoid grid connection delays
    Supply chain shortages drive developers to use smaller and less efficient power sources to fuel AI power demand
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  • December 26 2025
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    Solar power surplus in Spain triggers ‘discount season’ for plants
    Power producers pivot to battery storage to save unprofitable solar farms
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  • December 24 2025
    BP PLC
    BP to sell majority stake in $10bn Castrol to pay down debt
    UK oil and gas major steps up asset sales under new chair Albert Manifold
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    Member states’ spending on US oil and gas fell 7 per cent over the past four months
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  • December 23 2025
    Unhedged Podcast24 min listen
    We take some questions
    Our listeners write in with queries about Venezuela, prediction markets and more
  • December 23 2025
    Mining
    ERG bid gatecrashed by Kazakh businessman
    Shakhmurat Mutalip has countered offer from Shukhrat Ibragimov for stake in miner
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  • December 23 2025
    Markets InsightIan Harnett
    America’s risky bet on hydrocarbons might hurt it in the AI race
    US strategy could be costly in terms of higher electricity prices, increased water stress and potential food insecurity
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    LexNuclear energy
    Nuclear fusion is a brainteaser for investors as well as scientists
    Valuing Trump Media & Technology Group after the merger with TAE will be a double step into the unknown
    Eric Trump and Donald Trump Jr. pose together outside Nasdaq in Times Square during an event for ALT5 Sigma and World Liberty Financial
  • December 22 2025
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    Wind turbines
  • December 22 2025
    Alphabet Inc
    Alphabet agrees to buy Intersect for $4.75bn
    Deal will help Google’s parent company expand access to generation needed to power AI development
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  • December 22 2025
    Gold
    Gold and silver hit record highs on geopolitical tensions
    US blockade on Venezuelan oil and bets on Federal Reserve interest rate cuts drive up prices of precious metals
    A worker wearing blue gloves polishes rows of gold bullion bars at the ABC Refinery.
  • December 22 2025
    Oil & Gas industry
    North Sea operator Harbour buys Gulf of Mexico oil group for $3.2bn
    UK company strikes deal as it seeks to expand internationally
    Two connected offshore oil platforms with yellow support structures rise above the sea under a clear blue sky.
  • December 22 2025
    News in-depthRenewable energy
    China uses green tech dominance to take early lead in clean fuels race
    Companies use wind and solar energy to produce green ammonia and methanol
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  • December 21 2025
    Venezuela
    US steps up blockade of Venezuela by seeking to board third oil tanker
    Trump administration escalates campaign of pressure against Nicolás Maduro
    A US Coast Guard helicopter hovers over a crude oil tanker at sea, viewed through targeting crosshairs at sunset.
  • December 21 2025
    Batteries
    Europe’s battery plants need local content rules to stay competitive, bosses say
    Regionally sourced parts for cars seen as vital to reduce dependence on China
    Robotic arms work on an assembly line inside the Seat-Cupra factory, handling a large component under bright industrial lighting.
  • December 20 2025
    Climate change
    Brazil commits to rapid energy roadmap deadline for key ministries
    President backs effort to plan shift from oil and gas dependence using fossil fuel export revenues
    Ana Melia Campos Toni stands indoors near a window, wearing glasses, a navy blazer, a blue blouse, and a pearl necklace.
  • December 19 2025
    Moral Money
    Ukraine’s wartime battery boom
    Grid-level storage takes off as energy system struggles to deal with Russian attacks
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    A worker inspects severely damaged buildings
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    Octopus Energy swings to a loss as it hits 10mn customers globally
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    North Sea suffers worst year since 1970s as drillers freeze investment

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