Business

Western countries who spent years “demonising oil and gas companies”, pushing for a rapid end to fossil fuel production and calling producers the “bad guys” are now reaping the consequences, the Qatari energy minister has told Sky News. In an exclusive interview, Saad Sherida Al-Kaabi said that the root causes of the recent increase in
Volodymyr Zelenskyy has called for maximum sanctions against Russia and the end of all business and trade with Moscow at the World Economic Forum in Davos, Switzerland. In a typically targeted speech to business, political and public policy leaders made by videolink, the Ukrainian president called for the complete withdrawal from Russia of foreign companies
The Royal Agricultural University (RAU) is launching a new scholarship scheme to encourage more British students from ethnic minorities to enter the farming sector. The RAU, one of the leading agricultural institutions in the UK, hopes the two undergraduate scholarships will increase diversity and equality in the industry – which is predominately made up of
Britons must brace themselves for a “very unpleasant period”, with “considerable” interest rate hikes now needed to prevent a re-run of the 1970s, former Bank of England governor Mervyn King has warned. Lord King launched a coruscating attack on central banks including the Bank of England itself, saying they shared responsibility for the cost of
The energy price cap, the mechanism that determines gas and electricity bills for 22 million households, could soon be reviewed every three months under plans announced by the industry regulator. Ofgem revealed that it was putting the idea out to consultation amid criticism that the current twice-yearly adjustment arrangement – in April and October –