A New Prime Minister, the Same Energy Questions: What Could Political Change Mean for UK Businesses?
The announcement that Prime Minister Keir Starmer will step down has created fresh uncertainty across Westminster, with Greater Manchester Mayor Andy Burnham emerging as the frontrunner to succeed him. For businesses, however, the key question is not simply who moves into Number 10. It is what, if anything, changes when it comes to UK energy […]
Global energy markets remain highly sensitive to geopolitical developments, with recent events in the Middle East once again highlighting how international conflict can impact wholesale gas and electricity prices across Europe and the UK. Over recent weeks, tensions in the region have escalated significantly following military exchanges involving Israel, Iran and their regional allies. The […]
The British Industrial Competitiveness Scheme (BICS) could be one of the biggest changes to industrial electricity costs in decades. Designed to address the long-standing challenge of high UK industrial electricity prices, the scheme aims to improve the competitiveness of UK manufacturers by reducing electricity costs and supporting long-term investment and growth. For eligible businesses, the […]
For many businesses, energy procurement starts and ends with one number: The unit rate. “How many pence per kWh are we paying?” It’s understandable. Unit rates are easy to compare, easy to market, and often seen as the headline figure that determines whether a contract is “good” or “bad”. But in today’s energy market, focusing […]