Business & Economy
The 'trillion pound' oil fund the government believes Britain could have built
Source: feeds.bbci.co.uk · Published
For the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.
For the first time, the Treasury calculates how much the UK could have raised by investing North Sea proceeds.
Related stories
Britain’s gas security needs reinforcement. Last-minute deals with Belgium are not a proper fix
The UK still imports 60% of its gas and, even with Jackdaw, its energy supply and resilience problems are not going away After the overdue approval of the Jackdaw field in the North Sea, here comes a reminder that Britain still imports almost 60% of its gas and the stuff has to c
Business | The Guardian ·
We will make the net-zero transition work for Britain – approving the Jackdaw gasfield is part of the plan | Andy Burnham
Protecting jobs and strengthening energy security in the short term does not mean wavering on Labour’s deep commitment to a cleaner, greener future Andy Burnham vows UK will hit net zero target despite Jackdaw gasfield approval On Wednesday, the energy secretary, Miatta Fahnbulle
Business | The Guardian ·
Race to rearm: Telford gun hall brings tank barrel production back to the UK
Defence secretary says Britain must manufacture at scale as Germany’s Rheinmetall opens Midlands factory For the last 20 years, Britain was unable to put a barrel on its tanks without buying from abroad. Relying on foreign allies seemed like a reasonable choice during years of re
Business | The Guardian ·
‘Jackdaw means we pay our mortgages’: relief in Aberdeen over gasfield approval
Few believe decision will bring back city’s boom years, but workers hope it will secure North Sea jobs for now UK approves Jackdaw gasfield in North Sea What does the UK’s approval of Jackdaw mean? As recently as 2012, Aberdeen boasted the highest concentration of millionaires in
Business | The Guardian ·
