As a former high-flying London headhunter, Natalie Fee had a house, car and high-paying job by the age of 21. But a chance viewing of a trailer for the film Albatross, about plastic pollution, led her to a career pivot. Now, as the founder of City to Sea, she campaigns to stop plastic pollution at…
A senior executive at the new owner of troubled battery-making start-up Britishvolt has quit amid signs of a growing exodus from its parent company. Peter Rolton, effectively the number two, with the title “chief scale officer”, has left with immediate effect having been brought in to work for Recharge Industries this year. Rolton was chairman…
The owner of British Gas has made a record £3.3 billion annual profit after benefiting from soaring energy prices following Russia’s invasion of Ukraine. Centrica, the FTSE 100 group that owns Britain’s biggest household energy supplier, said that its adjusted operating profits had more than trebled last year from the £948 million it reported in…
A proposal to build the world’s biggest battery storage project near Manchester has won planning permission. The Trafford battery energy storage system is intended to have the capacity to store just over two gigawatt-hours of energy, enabling it to supply the equivalent of over 500,000 homes with power for up to two hours. It is…
A huge stockpile of coal bought for emergency use in power stations this winter is due to be resold at a loss of tens of millions of pounds to consumers. National Grid funded the procurement of hundreds of thousands of tonnes of coal as part of a deal to keep open five coal-fired units this…
As anyone who has grappled with a 7,500-piece model of the Millennium Falcon can attest, building a modern-day Lego set requires creativity, trial and error and no small measure of patience. The same skills apply to manufacturing the company’s bricks. For while using oil as the basis for making the billions of little studded blocks…
Households face paying up to £5 a year extra on their energy bills to fund discounts for heavy industry. The government has announced new measures designed to boost the competitiveness of 300 big companies including steel, metals, chemicals and paper manufacturers by exempting them from paying levies to fund several green energy and energy security…
Millions of the most vulnerable people in Britain will be protected from energy firms trying to break into their homes under proposals for legal changes before winter. Ofgem, the energy regulator, has announced a statutory consultation on its plans to rewrite suppliers’ licence conditions in a crackdown on forced installations of prepayment meters. The consultation…
One of America’s oldest law firms is closing its London operation just three years after a high-profile launch. Armstrong Teasdale — one of the 200 highest-earning American firms — is understood to have told staff that it will “imminently” close its City office. The firm, which was founded in St Louis in 1901, launched in…