Stay updated with breaking news from Video Creation. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
COPENHAGEN (Reuters) - Denmark's Orsted, the world's largest offshore wind farm developer, reported lower earnings in its first quarter on the back of lower
British workers move off furlough as economy reopens Published 3 hours ago By David Milliken LONDON (Reuters) -British employees returned to work and shoppers stepped up spending on clothes and furniture after lockdown restrictions eased across most of the country earlier this month, official figures showed on Thursday. The proportion of employees on furlough between April 5 and April 18 dropped to 13%, down from 17% in the previous two-week period, according to a survey of businesses conducted by the Office for National Statistics. Shops selling 'non-essential' goods reopened in England and...
1 – It’s cost effective Wind is already cited as the cheapest way to power your home, but with the expected, imminent introduction of carbon taxes, it is likely to become even more economical. It is cheaper for the customer because it’s becoming ever cheaper to produce. Each year, costs of producing wind power are driven lower. In 2020, the government admitted in its own report that they were over-estimating the cost of wind power by thirty – fifty percent. The result for customers is that prices will drop further, and, by 2025, wind power prices could be half of that of gas.
On the positive side, the research revealed clear support for 5MLD amongst firms, with almost two thirds (63%) of firms agreeing that the Directive will have a positive impact when detecting and preventing financial crime in the UK. Banks were the least optimistic about its impact, with just over half agreeing (56%). Firms were on average expecting to spend between £500,000 to £1 million on their implementation projects. These insights follow in-depth research conducted by LexisNexis Risk Solutions and Oxford Economics, in conjunction with the Cabinet Office which found that UK financial se...
But the pound soon lost these gains during the European session. At 1439 GMT, it was at $1.3956, up 0.1% on the day and up just 0.5% on the week so far. Versus the euro, it was up 0.2% at 86.77 pence per euro, stuck in the narrow range it has traded in for most of April. Investors are watching political developments in Britain, as Prime Minister Boris Johnson is under pressure from a series of accusations about how he responded to the COVID-19 pandemic and who paid for the refurbishment of his flat, as well as an inquiry into leaks of private information from his office.