LONDON — The U.K. government is mulling plans which would hike household energy bills to help pay for a new nuclear energy plant.Ministers are considering tweaking the funding deal for Sizewell C, a proposed £20 billion nuclear plant in Suffolk, as they s...
6 months agoRUNCORN, England — Prime Minister Keir Starmer is a man in a hurry.He arrived in No. 10 Downing Street with a promise that Labour would rapidly transform the U.K. energy system. Now, he has little choice but to crack on and try to make it happen.That mean...
2 months agoIndia’s gross fixed capital formation (GFCF) at constant prices, which is taken as a proxy for investment demand in the economy, rose to 7.5 percent in Q1FY25 (April-June) as compared to the previous quarter.According to the latest gross domestic product...
1 month agoBRUSSELS ― Europe must invest twice as much as it did rebuilding after World War II, Mario Draghi said, as he published a long-awaited blueprint to stem the continent’s economic decline.“This is an existential challenge,” the former European Central Bank...
1 month agoBERLIN / BRUSSELS ― It took less than three hours. Germany's Finance Minister Christian Lindner said a firm nein to Mario Draghi's call for more common debt to boost private investment.Lindner, whose liberal party's share of the vote has collapsed in rece...
1 month agoMinisters newly installed in their Whitehall offices. Special advisers moving from opposition to government. The first Labour administration for 14 years — and one marked in its early weeks by a raft of energy and climate promises which could, at least in...
3 weeks agoAn Italian bank making a big move to buy into a German bank sounds like exactly the sort of tie-up Europe's leaders have spent years crying out for, so the EU can rear more home-grown heavyweight corporate champions to compete with rivals from the U.S. an...
3 weeks ago