Category: Oil

North Sea oil industry urges Burnham to approve new drilling in UK waters

Lobby appeals to prospective PM’s reindustrialisation agenda as it pushes for Rosebank and Jackdaw approvalThe UK’s North Sea oil industry has made a last-ditch attempt to curry favour with the Labour government by...

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Labour MPs tell Burnham to ignore ‘deluded’ calls for more North Sea drilling

Critics debunk economic claims as research finds Rosebank development would produce estimated 250m tonnes of CO2UK politics live – latest updatesScores of Labour MPs have urged the prospective prime minister Andy Burnham...

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Polanski and unions warn Burnham against backsliding on climate action

Debate in Labour and union movement over climate commitments as many call for Burnham not to allow drilling in North SeaAnalysis: ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero...

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Backsliding on climate would drive Labour into obscurity, Zack Polanski says

Debate in Labour and union movement over climate commitments as many call for Burnham not to allow drilling in North SeaAnalysis: ‘Act on the evidence outside the window’: Andy Burnham urged to stick to net zero...

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Reeves cuts VAT on summer days out to 5% as part of cost of living support

Chancellor says she will raise tax on global oil giants to help meet costs of plans and confirms freeze on fuel duty increasesBusiness live – latest updatesRachel Reeves will cut VAT to 5% on summer attractions such as...

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Streeting says he resigned because Labour ‘in fight of our lives against nationalism’, and is currently losing – as it happened

This blog is now closed, you can read more on this story hereLabour is in a curious, transitional state at the moment. Officially Keir Starmer is committed to staying as leader and prime minister until the next election. There...

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Streeting says he resigned because Labour ‘in fight of our lives against nationalism’, and is currently losing – UK politics live

Former health secretary standing down after saying he no longer had confidence in Keir Starmer as PMLabour is in a curious, transitional state at the moment. Officially Keir Starmer is committed to staying as leader and prime...

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Ban private jets and cut speed limits to avert UK fuel crisis, say campaigners

Climate and transport organisations warn ministers not to ‘sleepwalk into crisis’ amid Iran war oil and gas shortagesPrivate jets should be banned and the speed limit on UK motorways reduced to 60mph as part of a...

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Reeves seizes on surprise UK growth as evidence Labour leadership must stay

Chancellor says ‘now not the time to put economic stability at risk’ as ONS records 0.3% growth in first month of Iran warBusiness live – latest updatesAnalysis: Reeves says ‘if economy ain’t broke,...

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UK economy records surprise 0.3% growth in first month of the Iran war

GDP reading ties in with some surveys suggesting UK plc has kept up momentum despite rising fuel costsThe UK economy unexpectedly grew during the first full month of the Iran war, according to official figures, suggesting the...

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