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Rees-Mogg: New oil & gas licences to boost UK economy, energy security
(Alliance News) - A new licensing round for oil and gas exploration will boost both the UK's economy and energy security, Business & Energy Secretary Jacob Rees-Mogg has insisted....
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Liz Truss says UK 'working with Europe' but not moving closer
(Alliance News) - UK Prime Minister Liz Truss has insisted she is not moving her administration closer to Europe, even as she hailed French President Emmanuel Macron as a "friend"...
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LONDON MARKET CLOSE: Sterling falls on negative UK outlook from Fitch
(Alliance News) - Stocks in Europe ended lower on Thursday, while the pound weakened after Fitch lowered its credit rating outlook for UK government debt to negative from stable, hitting...
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UK banks call for more support on mortgages amid surging rates
(Alliance News) - Britain's biggest lenders have pressed Chancellor Kwasi Kwarteng over a potential extension of the Government's mortgage guarantee scheme amid surging interest rates....
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Bank of England spends fraction of emergency gilt-buying programme
(Alliance News) - The Bank of England said it has spent just a fraction of the emergency GBP65 billion gilt-buying programme launched last week to prevent a "self-reinforcing spiral" in...
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National Grid warns may turn to first planned UK blackouts in decades
(Alliance News) - The first planned blackouts in decades might hit parts of the country this winter if power plants cannot get enough gas to keep running, the body that...
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Ireland eyes mechanisms to protect pay-as-you-go energy customers
(Alliance News) - The Irish government is looking at mechanisms to protect pay-as-you-go energy customers to avoid households facing disconnections this winter....
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Northern Ireland deal difficult but good faith on all sides - Ireland
(Alliance News) - Ireland's premier has warned "difficulties" exist in reaching an agreement on the Northern Ireland Protocol but he said there is a "genuine desire" from all sides to...
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IN BRIEF: WPP buys brand design agency to expand creative offerings
WPP PLC - London-based advertising agency - Buys Passport Brand Design to expand creative and design offerings for an undisclosed sum. Passport is brand design agency based in Southern California....
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LONDON MARKET MIDDAY: Europe edges lower as eyes on Fed and US jobs
(Alliance News) - London's FTSE 100 went into Thursday afternoon in negative territory, as investors nervously await Friday's US jobs report, which could test the Federal Reserve's hawkish resolve. ...
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