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New £150m funding package to protect jobs at Grangemouth
David HendersonScotland news correspondent PA Media The UK government and Ineos are to invest a combined £150m in the plant The UK government is to invest £120m in a support package for the Grangemouth industrial complex. Owners Ineos will contribute £30m to the joint investment deal. The site, the UK’s last ethylene plant, employs about…
UK and US unveil nuclear energy deal ahead of Trump visit
The UK and US are set to sign an agreement aimed at accelerating the development of nuclear power. The move aims to generate thousands of jobs and strengthen Britain’s energy security. It is expected to be signed off during US President Donald Trump’s state visit this week, with both sides hoping it will unlock billions…
Rate of Iranian ballistic missile launches is declining, western officials say
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Energy bills, mortgages and more: How the Iran war may affect your finances
Yet, analysts do not think inflation will return to the peak of 11.1% seen in the UK in October 2022. That is because the war in Ukraine also caused spikes in the prices of basic foodstuffs, such as wheat and edible oil, owing to the role of Ukraine in producing those items. That is not…
