2 h. ago Trump’s calls for North Sea drilling not a ‘surprise’, says Swinney

The First Minister was speaking after the US President claimed incentivising drilling rather than ‘unsightly windmills’ would reduce energy costs.

Politics

11 h. ago Energy bill drop a welcome boost for families but still unaffordable for too many Scots

Record View says Labour has endured a rocky start to its first year back in power at Westminster but on energy costs at least, the party is delivering.

Science

20 h. ago Trump says Samsung and other smartphone manufacturers will also be subject to 25% Apple tariff – business live

US president says 50% tariff on EU goods to come in 1 June; Apple iPhones and those of other manufacturers made overseas to face 25% tariffTrump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’As well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Ne...

Economics

21 h. ago European markets suffer losses after Trump ‘recommends’ 50% tariff on EU, and threatens Apple with 25% tariff – business live

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseasTrump says he is hitting EU with 50% tariff as trade talks are ‘going nowhere’As well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Net export...

Economics

26 h. ago Trump ‘recommending’ 50% tariff on EU, and threatens Apple with 25% tariff – business live

US president Donald Trump reignites trade war with threat to impose high tariffs on European goods, and Apple iPhones made overseasTypical energy bill in Great Britain to fall 7% to £1,720 a year from JulyAs well as cutting UK energy costs (see earlier), Donald Trump can also take credit for growing the German economy!New GDP data this morning shows that Germany’s GDP rose by 0.4% in January-March, twice as fast as the first estimate of 0.2% growth in the quarter.“The reason for the slightly higher growth compared to the initial estimate was the surprisingly positive economic development in March.”“In particular, production in the manufacturing sector and exports performed better than initially expected.The German economy had its best quarterly performance since the third quarter of 2022, and the reason for it seems to be Donald Trump. As a result of the announced tariffs and in anticipation of ‘Liberation Day,’ German industrial production and exports surged in March.Net exports an...

Politics

27 h. ago Donald Trump calls for more oil drilling in Scottish waters and an end to 'unsightly' windfarms

The US President argued more oil drilling would reduce energy costs for Scots.

Politics

28 h. ago Trump tells Starmer to stop building ‘unsightly windmills’ and drill for more oil in North Sea

US President hits out at prime minister’s net zero strategy

Politics

29 h. ago FTSE 100 Live 23 May: Sterling higher after retail surprise, energy bills fall

Household energy bills will fall by 7% from July after the latest energy price cap was revealed by Ofgem today.

Science

29 h. ago Energy bills calculator: See how much you will now pay as new price cap announced

Ofgem has confirmed a new price cap

Economics

30 h. ago FTSE 100 Live 23 May: Food sales drive retail surprise, energy bills fall

Household energy bills will fall by 7% from July after the latest energy price cap was revealed by Ofgem today.

Society

31 h. ago Energy price cap: Here's how much household energy bills are set to fall from July

News of a fall in energy costs will come as a relief for households

Economics

38 h. ago Ofgem set to lower energy price cap with £129 drop in household bills

The price cap is currently set at around £1,849 for a typical household after three consecutive increases in bills.

Economics

38 h. ago Ofgem to confirm new energy price cap for UK households with bills falling 7 per cent

The energy price cap is expected to be cut by around £129 when the new limit comes into force in July

Economics

3 d. ago UK inflation jumps higher than expected to 3.5% amid bills increase

Annual rise in April follows upturn in national insurance contributions and higher household costsInflation jumped in April by more than expected to 3.5% after dramatic increases in water bills, energy costs and council tax, according to official figures.A rise in employer national insurance contributions and a boost to the national minimum wage also put pressure on companies to raise prices last month by more than City analysts had forecast. Continue reading...

Economics

5 d. ago Energy bills set to change this summer in major boost for millions of UK households

It's another knock-on effect of Donald Trump's aggressive tariff policy

Economics

5 d. ago Avoid using your washing machine during these specific hours to cut energy costs

Washing machines are one of the most energy-hungry appliances in your home, but you could cut costs this summer by making one simple change to your washing routine

Politics

9 d. ago British Gas boss warns Ed Miliband's net zero drive WON'T cut people's bills

Chris O'Shea, chief executive of Centrica, said he was 'frustrated' at the 'misinformation' that renewable energy will bring down costs for households.

Events

1 week ago Council confirms £200 cost of living payments to be paid to thousands this year

In its announcement yesterday, Salford Council confirmed that it would provide households who lost their Winter Fuel payments last year with £200 this winter to help with energy costs

Economics

2 w. ago UK energy suppliers pay out £7m after overcharging 34,000 customers

Ten energy suppliers overcharged customers with more than one electricity meter point between 2019 and 2024

Economics

2 w. ago Badenoch a ‘climate defeatist’, Starmer claims in energy costs exchange

Kemi Badenoch urged Sir Keir to ‘change course’ to tackle energy costs during Prime Minister’s Questions.

Politics