Prime Minister Theresa May will lead a meeting of the U.K. government’s emergency committee on Monday to discuss the security of shipping in the Persian Gulf after Iran seized a British oil tanker in the Strait of Hormuz last week.
Like the majority of the work the UK underwater engineering industry carries out, its contribution to the economy has been largely hidden from view nationally.
Theresa May will today announce UK Government backing for a multi-million-pound Aberdeen underwater engineering hub to help the oil industry diversify into green energy.
Theresa May pledged to take further action to prevent consumers being "overcharged" by big business as a price cap on gas and electricity for millions of homeowners came into force.
Theresa May is facing renewed pressure to abandon her plan enshrine the date of Brexit in law after a cross-party committee of MPs warned it could cause “significant difficulties” in the talks with Brussels.
Senior Conservative Party donors have said Theresa May should be prepared for a "no deal" Brexit rather than accepting an "unsatisfactory and unfavourable deal" that could cause divisions for another generation.
The Government's energy price cap legislation has sent an "important message to the industry" the Prime Minister has said as she expressed "hope" that it would "make changes even before we get the legislation on the statute book".
The Prime Minister plans to introduce a price cap on energy prices next week, bringing a draft Bill to Parliament which she claims will "stop ordinary families being ripped off."
Founder and chief executive officer of People’s Energy, David Pike, doesn’t believe that the Conservative pledge on energy prices will have much effect on consumers, if it happens at all.
Theresa May’s new proposed limit on utility costs will force the industry’s big energy giants to justify ‘charging extortionate rates’, believes Bulb co-founder Hayden Wood.
The Brexit Secretary made a fresh appeal for MPs to “work together” on Britain’s exit from the European Union ahead of the publication on Thursday of the major Repeal Bill to remove the supremacy of Brussels law.
Theresa May has won a guarded welcome from fellow European leaders for proposals which could see three million EU citizens win the right to stay on in Britain after Brexit.
Former foreign secretary Mr Hammond remains as Chancellor of the Exchequer. He has previously served as transport secretary and defence secretary. The “reassuringly boring” choice, Mr Hammond, 61, studied philosophy, politics and economics at Oxford University and is believed to have a devout belief in economic stability and prudent public finances.