Category : Search result: electricity sector


Reeves's Budget Tax Raid to Decimate Hospitality Jobs

Exclusive analysis reveals Labour's planned VAT overhaul for private schools could trigger a devastating chain reaction, costing the hospitality sector more than 50% of its job losses and hitting family budgets hard.

Las Vegas Casino Shutdown: Historic Poker Palace Closes

The iconic Sahara Poker Room, a legendary Las Vegas institution, has permanently closed its doors. The shutdown signals a worrying downturn in Sin City's tourism and gaming revenue, with visitor numbers plummeting. Discover the full impact on one of Vegas

Taiwan referendum on nuclear plant reboot fails

A landmark referendum to restart Taiwan's last mothballed nuclear power plant has officially failed, dealing a significant blow to proponents of atomic energy and reshaping the island's energy security debate.

UK Barista Wages Surge Past White-Collar Jobs

A surprising economic shift is underway as UK service sector wages for baristas, bartenders, and hotel staff surge past traditional white-collar roles, driven by post-pandemic demand and a tight labour market.

AI Evangelists: Financial Prophets or False Profits?

A critical examination of the bold financial predictions made by AI evangelists. Are we heading for a tech revolution or a speculative bubble? Experts weigh in on the potential economic reality.

GMB Union Rejects Govt's 'Insulting' NHS Pay Offer

The GMB union has rejected the government's proposed 3.9% pay increase for NHS workers, branding it a 'real-terms pay cut' that fails to address the cost-of-living crisis and staff exodus.

UK Leads Revolutionary Space Solar Power Project

British researchers are leading a groundbreaking European project to harness 24/7 solar energy from orbit, beaming limitless clean electricity to Earth and revolutionising renewable power generation.

Dick Smith: Renewable Energy Push Could Smash Wealth

Australian entrepreneur Dick Smith issues a stark economic warning, claiming the nation's rapid green energy transition could lead to catastrophic financial consequences and crippling power bills for households.

UK Private Sector Growth Hits Nine-Month High

In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi

Wes Streeting Under Fire Over NHS Privatisation Plans

Shadow Health Secretary Wes Streeting is embroiled in a major row after unions and medical professionals demand he 'comes clean' on plans to use private healthcare providers within the NHS, raising fears of a move towards American-style healthcare.

Earn Money & Slash Bills with UK Solar Panels

Discover how UK homeowners are turning their roofs into revenue streams. Our expert guide breaks down the Smart Export Guarantee, battery storage, and the real costs and profits of solar energy.

University 'brain drain' threatens smaller UK colleges

Leading UK universities are attracting a disproportionate number of students, leaving lower-ranked institutions struggling to survive. Experts warn of potential mergers or closures as the higher education sector faces a deepening crisis.

Popular UK chicken chain files for bankruptcy

A major UK chicken restaurant chain has filed for bankruptcy, sending shockwaves through the competitive fast-food sector. Here's how it could affect your favourite meals.

British Gas owner buys £1.5bn gas terminal

Centrica, the parent company of British Gas, has acquired a £1.5bn gas terminal in a bold move signalling continued reliance on fossil fuels despite the green energy transition.

UK GDP grows 0.4% in Q2 2024

The UK economy expanded by 0.4% in the second quarter of 2024, marking a modest recovery after earlier stagnation. Key sectors like services and production drove growth, though challenges remain.

New Jersey energy bills to rise sharply

Residents in New Jersey are bracing for a sharp increase in energy bills as state regulators approve new pricing structures. Learn how this could impact households and businesses.

CBA posts record $10.2bn cash profit

Australia's largest lender, Commonwealth Bank, posts a historic $10.2bn cash profit amid rising interest rates, sparking debate over banking sector accountability.

US power demand hits record high, grid under strain

Soaring electricity usage in the US has pushed power demand to unprecedented levels, raising concerns over grid stability and household bills. Experts warn of potential price hikes and strain on infrastructure.

Tesla eyes UK energy market under Musk

Tesla, under Elon Musk's leadership, is reportedly exploring entry into the UK energy market, potentially supplying electricity to households. The move could disrupt traditional utilities.

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