UK mobile operators VodafoneThree, Virgin Media O2 and EE warn they may ration signal access and introduce surge pricing after being excluded from Rachel Reeves’s energy support scheme. Read more: Mobile operators warn of signal rationing as energy costs spiral
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Chancellor Rachel Reeves lifts the electricity generator levy from 45% to 55% as Ed Miliband unveils market reforms. What the renewables windfall tax means for UK SMEs, energy bills and investment. Read more: Reeves tightens windfall tax on renewables as ministers move to sever gas-electricity link
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Britain’s video games sector risks losing talent and IP to France, Ireland and Australia without urgent government action on tax reliefs and scale-up funding, warns Blick Rothenberg. Read more: Britain’s gaming industry needs a power-up or risks losing its crown to France, Ireland and Australia
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A Manhattan jury has found Live Nation and Ticketmaster operated an unlawful monopoly over major concert venues, overcharging fans by $1.72 per ticket. Live Nation plans to appeal. Read more: Live Nation and Ticketmaster ruled an illegal monopoly as US jury sides with States
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UK steelmakers now pay up to 77% more for electricity than French and German rivals as Middle East conflict drives wholesale prices higher. UK Steel welcomes BICS but demands urgent action on wholesale power costs. Read more: UK steelmakers face 77% electricity price gap as Middle East war deepens competitiveness crisis
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Norwegian-backed Blastr has entered exclusive five-week talks with the UK’s official receiver to buy Speciality Steel UK, raising hopes of a rescue for Rotherham and Stocksbridge. Read more: Norwegian green-steel start-up closes in on rescue deal for former Liberty works in South Yorkshire
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The UK government has unveiled a £30m funding package for video game developers, doubling support for the sector through its Creative Industries Sector Plan and Industrial Strategy. Read more: Government doubles down on gaming with £30m funding package as sector eyes global growth
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Ineos founder Jim Ratcliffe backs Conservative plans to scrap carbon taxes, arguing high levies are damaging UK industry and competitiveness. Read more: Ratcliffe backs tory plan to scrap carbon taxes amid industry pressure
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Britain faces a shortage of 44,000 EV-trained mechanics as electric vehicle adoption rises, with independent garages slow to invest in training. Read more: UK faces looming shortage of EV mechanics as transition gathers pace
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The surge in oil shipping costs follows increased crude exports from the Middle East as traders have accelerated charters The post For the first time since 2020, Middle East–China oil shipping costs hit $200k a day appeared first on Gulf Business.
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