20 h. ago Death toll from Russian attack on Kyiv rises to 28 – Europe live

More than 130 were injured in Tuesday’s attack on Ukrainian capitalAnd speaking of Russia’s impact on its neighbours, let’s quickly go to Miranda Bryant in the Nordics and see how the region monitors the global threat of war, terror and piracy on seas from its Maritime Cyber Resilience Centre.The European Commission has insisted there will be no return to Russian gas, as it published plans to phase out fossil fuel imports from its eastern neighbour by 2028. Continue reading...

Events

23 h. ago Trump promised riches from ‘liquid gold’ in the US. Now fossil fuel donors are benefiting

How Kelcy Warren, one of Trump’s biggest industry backers, and his pipeline firm are likely to flourish in his second termKelcy Warren was among the top donors for Donald Trump’s 2024 White House bid, personally pouring at least $5m into the campaign and co-hosting a fundraiser for the then presidential hopeful in Houston.Trump’s win appears to already be benefiting Warren and Energy Transfer Partners, the pipeline and energy firm of which he is co-founder, executive chair and primary shareholder. Continue reading...

Politics

35 h. ago Supreme Court Justice Ketanji Brown Jackson made millions for writing memoir

Justice Jackson was paid an advance of $2,068,750 by Penguin Random House for her memoir titled “Lovely One,” according to her 2024 financial disclosure

Events

49 h. ago Indonesian coal industry risking a tough transition as demand declines, report says

Indonesia’s coal industry is facing mounting pressure as China and India, its biggest customers, cut back on imports of the heavily polluting fossil fuel

Events

50 h. ago Thousands of jobs saved and British Steel plant future secured after £500m Network Rail deal

From a £500m rail deal set to rescue British Steel, to Aviva’s £3.7bn Direct Line takeover, surging fossil fuel finance, job cuts linked to NICs, Gareth Bale’s move into football ownership, and Mizkan’s Manchester expansion - here are today’s top UK business stories.

Economics

52 h. ago World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds

Two-thirds of the biggest 65 banks increased financing by $162bn from 2023 to 2024, walking back climate promisesThe world’s largest banks boosted the amount of financing given to fossil fuel companies last year, committing $869bn to those involved in coal, oil and gas despite the worsening climate crisis and the banks’ own, fraying, environmental commitments, a new report has found.The report, compiled by a coalition of eight green groups, shows that while the amount loaned by big banks to fossil fuel firms had been declining in 2021, last year saw an abrupt reversal. Two-thirds of the world’s largest 65 banks increased their fossil fuel financing by $162bn from 2023 to 2024. Continue reading...

Economics

54 h. ago Banks significantly increased fossil fuel financing in 2024, analysis finds

The annual Banking on Climate Chaos report found a shift in direction after fossil fuel financing had been decreasing over the previous four years.

Economics

7 d. ago EPA says power plant carbon emissions aren't dangerous. We asked 30 scientists: Here's what they say

The Trump administration’s Environmental Protection Agency Wednesday proposed a new ruling that heat-trapping carbon gas “emissions from fossil fuel-fired power plants do not contribute significantly to dangerous air pollution

Events

7 d. ago Tell us: have your saving habits changed due to economic uncertainty?

We would like to hear from people who have started setting aside more cashUK households are increasingly setting aside physical cash amid extreme economic uncertainty and to provide a safety net for possible banking system outages such as the recent one in Spain, according to the Bank of England’s chief cashier.Victoria Cleland said on Tuesday that the Bank had tracked a significant increase in the number of banknotes in circulation in recent months, continuing a rising trend since 2022. Continue reading...

Economics

1 week ago In 1973, I reported freely on Israel at war. Now its censorship has made that impossible | Martin Bell

Today foreign journalists stand on the ‘hill of shame’ overlooking Gaza, reliant on Palestinians for newsWatching the TV coverage of the conflict in Gaza with increasing dismay this week, my mind went back to the banks of the Suez canal in October 1973. I was filming the surrender of the entire Egyptian third army with a team from the BBC, without significant censorship or hindrance. The Israeli commander, Gen Avraham Adan, paused in whatever he was doing to give us an update.Crossing the canal on the Israeli pontoon bridge in a bright yellow Hertz car (not a wise choice of colour) we were even helped when we had to repair a tyre that had been punctured by the shrapnel that littered the battlefield.Martin Bell is a Unicef UK ambassador. He is a former broadcast war reporter, and was the independent MP for Tatton from 1997 to 2001Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publica...

Politics

2 w. ago Lloyds Bank making huge change to accounts today with fees increased

Club Lloyds gives you one lifestyle benefit each year - you can choose between a Disney+ subscription, six cinema tickets, a magazine subscription, or 25% off certain food and drink brands

Economics

2 w. ago Russia won’t agree a ceasefire in Ukraine while Europe continues to fund Putin’s war

Russia has earned three times what Ukraine has received in aid in the last three years and much of the money comes from Europe, World affairs editor Sam Kiley writes. There will be no ceasefire while the Kremlin has an oil-based slush fund

Events

3 w. ago West Lothian electrical firm posts record turnover for third year running following series of significant contract wins

John Heaney Electrical Limited’s latest set of financial results to the year end December 2024 show an increased revenue of £11.5 million, up 51 per cent on the previous 12 months (£7.6m).

Politics

4 w. ago We bear the brunt of the climate crisis. A Pacific Cop could help shape the global response | Surangel Whipps Jr

Australia should also make moves to address the climate impact of its fossil fuel production and exportsWatching from the western Pacific, we saw many describe Australia’s recent election as a decisive moment for climate and energy policy. If that was the case, the people of Australia have spoken loud and clear.Like many of us in the Pacific had hoped, most Australians wanted to throw off the shackles of the last decade’s “climate wars” and usher in a new era of responsible climate and energy policy, one that harnesses the limitless potential of Australia’s renewable energy superpowers and helps lead the Pacific region and the world to a safer and more prosperous climate future. Continue reading...

Events

4 w. ago Oil industry funded Girl Scouts and British Museum to boost image, evidence suggests

BP has funded Washington’s National Gallery of Art, UK’s Royal Shakespeare Company and National Portrait GalleryOil interests have funded cultural institutions such as museums, youth organizations and athletic groups in recent years, new research shows, in what appears to be a public relations effort to boost their image amid growing public awareness of the climate crisis.Top US fossil fuel lobby group the American Petroleum Institute (API) sponsored a 2017 workshop for the Pennsylvania Girl Scouts, featuring “activities that mimicked work in the energy industry”. Energy giant BP in 2016 sponsored Washington DC’s National Gallery of Art and continues to fund the British Museum in London. And in 2019, Shell sponsored the golf event the Houston Open for the 26th time. Continue reading...

Politics

last month People urged to check P60 this month for tax error worth £700 on average

All employers will issue P60’s for the 2024/25 financial year by May 31, 2025.

Economics