Adam John

Labour promise to honour network debt ‘reduces risk’ of creditor loss

Labour renationalisation plans ‘ignore bilateral treaties’

Labour’s plans to renationalise the energy networks by paying investors less than market value will fly in the face of international treaties, according to two legal specialists.

Industry reacts to Labour’s renationalisation plans

Industry voices have reacted to the news that Britain’s energy networks could be nationalised under a Labour government, following publication of the party’s plans today (15 May).

Ofwat proposes licence change for governance principles

Water industry regulator Ofwat is proposing to incorporate new objectives about board leadership, transparency and governance into company licences.

Energy networks hit back at Labour’s renationalisation plans

National Grid has hit back at the Labour Party's nationalisation plans, describing them as an "enormous distraction" from the issue of climate change.

Energy bodies urge HMRC to scrap proposed VAT changes

Trade associations representing the smart power industry have written a joint letter to finance secretary Mel Stride and Energy Minister Claire Perry calling for proposals to raise VAT on certain solar products to be scrapped.

Nuclear output and price cap hits EDF Energy revenue

Anglian announces £1.2m borehole project

Anglian Water has begun work on a £1.2 million scheme to drill a new 61 metres deep borehole to supply residents in Bedfordshire.

Npower blames price cap for Q1 loss as customers depart

Npower saw 103,000 customers depart in the first three months of the year and reported losses before interest and tax of €45 million (£39 million).

Bristol Energy launches below-cap green tariff

Council-backed energy supplier Bristol Energy has announced it will offer a 100 per cent green electricity tariff in partnership with The Big Issue.