Mail & Guardian
Mail & Guardian
Roland Jackson

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Roland Jackson

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Nuclear and renewables, such as offshore wind, are seen as critical to ramp up Britain’s energy security, after key producer Russia’s invasion of Ukraine sent gas and electricity bills rocketing across Europe.

UK removes China from Sizewell nuclear project, takes joint stake

Sizewell C, which is under development on the Suffolk coast in eastern England, will comprise two European Pressurised Reactors that will power the equivalent of about six…

HSBC added: “In the near term, the nature and impact of the UK’s departure from the European Union remain highly uncertain.”(Pierre Albouy/Reuters)

HSBC boss in shock exit as bank warns of ‘challenging’ times

Monday’s surprise news came shortly before HSBC reported first-half net profit up 18.6% at $8.5-billion from a year earlier.

A member of Nissan’s manufacturing staff inspects vehicle body sides as they leave the 5 000 tonne press in their Sunderland Plant in North East England. (Oli Scarff/AFP/Getty Images)

Nissan sparks Brexit shockwaves through UK auto sector

The carmaker revealed Sunday that the crossover vehicle would no longer be manufactured at its vast plant in Sunderland

Britain has been on a strict diet of austerity measures that curbed spending and raised taxes in the wake of the financial crisis. (Justin Tallis/AFP)

Britain eyes higher growth in Brexit year

​Britain has ramped up its economic growth outlook for next year, when the country will exit the European Union

The top-end brand, one of the few remaining British carmakers in a sector that is largely foreign owned, is cherished by Hollywood actors, global sports stars and British royalty alike. (Chris Helgren/Reuters)

007 carmaker Aston Martin drives into £4.3bn London listing

Aston Martin has priced its initial public offering at £19 per share in the middle of its stated range

Europe’s energy giants reap benefits of oil price surge

Rising oil prices can push up inflation, but first, they translate into rising revenues and profits for energy majors and producer nations

A bank manager explains the situation to pensioners waiting outside a branch of the National Bank of Greece hoping to get their pensions

Global markets plunge as Greece shuts banks

Markets across the world tumble as Greece orders its banks to shut for a week and imposes capital controls after its citizens emptied ATMs.

Standard Chartered’s market value has slumped almost a quarter after US regulators alleged it hid $250-billion in transactions with Iran.

Standard Chartered takes a knock in market value

Standard Chartered’s market value has slumped almost a quarter after US regulators alleged it hid $250-billion in transactions with Iran.

BP posts annual loss on oil-spill disaster

BP on Tuesday posted its first annual loss in almost two decades as a result of last year’s devastating Gulf of Mexico oil spill.

Goldman Sachs faces UK probe as net widens

UK launched a probe into US bank Goldman Sachs on Tuesday linked to US fraud charges that the Wall Street giant misled investors.

BA, Iberia sign merger deal to create global giant

BA and Spanish flag carrier Iberia on Thursday announced a merger deal to create one of the world’s biggest airlines.

World stock markets slump on European debt fears

Global equities tumbled on Friday as investors ran for cover on fears that soaring European state debt could damage a fragile economic recovery.

Kraft swallows Cadbury in multibillion-dollar takeover

Cadbury, a monument to the British chocolate bar, fell on Tuesday to US giant Kraft by accepting an offer worth £11,5-billion.

BA wins court battle to stop Christmas strikes

British Airways won a high court battle on Thursday to prevent cabin crew staging a 12-day walkout.

Recession fears hit financial markets

Warnings of an ”inevitable” global recession and the expectation of more interest-rate cuts triggered global financial turmoil on Wednesday.

Oil price vaults past $126

The price of New York crude oil soared above $126 per barrel on Friday, lifted by speculative demand amid concerns about tight global energy supplies, analysts said. New York’s…

Global equities deep in gloom

Asian and European stock markets fell sharply again on Monday as investors worried about possible recession and a forthcoming interest-rate call in the United States, analysts…

Record-breaking gold could hit $1 000

The price of gold is hitting new record highs owing to the troubled United States economy and a cocktail of other supportive factors, leading some analysts to predict  000 per…

UK bank Northern Rock faces break-up talk

Troubled British bank Northern Rock faced break-up rumours on Sunday as it sought to reassure panicking customers and investors following an emergency bail-out by the Bank of…

Bidding war urged for ABN Amro

Investment fund TCI tried to spark a bidding war for Dutch group ABN Amro on Tuesday, seizing on marriage talks by British bank Barclays with an invitation to other banks to make…