According to an industry body, pharmaceutical companies AbbVie and Eli Lilly had withdrawn from Britain’s voluntary medicines pricing agreement. According to a statement released by the Association of the British Pharmaceutical Industry (ABPI), businesses are increasingly arguing that it is no longer possible to justify the UK’s “voluntary scheme” to global boardrooms and investors as […]
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The National Grid reports that Great Britain produced a record amount of wind-powered electricity in 2022. The second highest amount of electricity generated after 2020 came from renewable and nuclear power sources rather than gas and coal from fossil fuels. One fundamental strategy for dealing with the effects of climate change is to use green […]
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As the wholesale gas prices decrease, energy costs are estimated to fall below 2,500 pounds by July 2023, easing some of the burden placed on Britons attempting to cope with the crisis caused by the rising cost of living. According to Investec’s analysis, the average annual energy bill will fall to 2,478 pounds this summer, […]
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An industry survey found that nearly two-thirds of British manufacturers are concerned about winter blackouts as a result of the energy crisis. Additionally, concerns are growing about the government’s plans to reduce financial support for businesses. The trade group Make UK stated that the impact of sky-high energy costs on manufacturers showed no sign of […]
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On Wednesday, January 11, 2022, champion Manchester City fell short of the League Cup after a shocking 2-0 loss to struggling Southampton in the quarterfinals. Sekou Mara and Moussa Djenepo scored twice for Southampton, who are last in the Premier League, in the first half. City never really tried to get back into the game. […]
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After a warning that the current level of support was too expensive, the government will reduce its assistance to businesses with their energy bills. Instead of cost caps like they are under the current plan, businesses will receive a discount on wholesale prices under the new plan. Industries that use a lot of energy, like […]
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After raking in substantial profits all over the world last year, Shell announced that they would be paying tax in the UK for the first time since 2017. In the final three months of the year, the energy company said it expected to lose about 2 billion dollars on profits in the UK and the […]
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As part of a project to encourage investment in the UK’s nuclear power sector, energy and climate minister Graham Stuart has announced $89.4 million in funding for a Nuclear Fuel Fund. The funding will be used to boost the UK’s energy security and encourage the development of alternatives to the Russian fuel supply, according to […]
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A UK government agency says that sharing passwords for online streaming services like Netflix is illegal. According to the Intellectual Property Office (IPO) of UK, the practice violated copyright regulations. Despite the fact that this is typically against the terms of service agreements, it is a common practice in the United Kingdom for individuals who […]
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Graham Stuart, UK serve for energy and environment has consented to an arrangement on sustainable power participation with the European Association and North Oceans nations. The UK and EU Trade and Cooperation Agreement (TCA)’s commitments are met by the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum. As a result, the […]
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