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ALP to vote on platform change for fairer natural resource taxation amid PRRT failures

The Australian Labor Party (ALP) will vote on a platform change to ensure a fairer return from natural resources, targeting gas exports through appropriate taxation. This comes as the current Petroleum Resource Rent Tax (PRRT) has failed to generate significant revenue despite a boom in LNG exports, prompting calls for a 25% tax on gas exports.

Guardian Australia

5 Min. Lesezeit

How to Switch Broadband, Energy, and Bank Accounts to Save Money

In Entwicklung

Business·13.7.2026KI-Zusammenfassung

How to Switch Broadband, Energy, and Bank Accounts to Save Money

Switching broadband, pay TV, energy suppliers, and bank accounts can save hundreds of pounds. Regulators have simplified the process, with Ofcom fining Virgin Media £28m for contract cancellation issues. Ofgem has also streamlined energy switching. The Current Account Switch Service automates transfers for banks.

BBC News

3 Min. Lesezeit

How to Switch Broadband, Energy, and Bank Accounts Easily

NACHRICHT

13.7.2026KI-Zusammenfassung

How to Switch Broadband, Energy, and Bank Accounts Easily

Switching broadband, TV, energy, and bank accounts can save hundreds of pounds. Regulators have simplified the process, with Ofcom's One Touch Switch for broadband and Ofgem's streamlined system for energy. Banks also offer incentives for switching main current accounts, with the Current Account Switch Service handling transfers automatically.

BBC Business

How to Switch Broadband, Energy, and Bank Accounts for Better Deals

NACHRICHT

12.7.2026KI-Zusammenfassung

How to Switch Broadband, Energy, and Bank Accounts for Better Deals

Switching broadband, pay TV, energy, and bank accounts can save hundreds of pounds. Regulators have simplified the process, with Ofcom fining Virgin Media £28m for hindering contract cancellations. Ofgem has also streamlined energy supplier changes. The Current Account Switch Service automates transfers for banks.

BBC Business

Local governments can do more to help with cost of living

In Entwicklung

Politik·1.6.2026KI-Zusammenfassung

Local governments can do more to help with cost of living

A local councillor argues that UK local governments, like Kensington and Chelsea, are not doing enough to support residents with the cost of living, particularly regarding renewable energy and energy efficiency initiatives.

Guardian Business

2 Min. Lesezeit

Welt

25.5.2026KI-Zusammenfassung

Russia: Armenia's preferential gas price tied to EAEU membership

Kremlin spokesman Dmitry Peskov stated that Armenia's preferential gas price from Russia is linked to its membership in the Eurasian Economic Union (EAEU). He indicated that leaving the EAEU could lead to market-based pricing for Armenian gas imports.

TASS

1 Min. Lesezeit

British Gas to Pay Up to £112m for Forcing Prepayment Meters on Vulnerable Customers

NACHRICHT

15.5.2026KI-Zusammenfassung

British Gas to Pay Up to £112m for Forcing Prepayment Meters on Vulnerable Customers

British Gas will pay up to £112m in compensation and debt write-offs for forcibly installing prepayment meters in thousands of homes during the 2022 energy crisis, following an Ofgem investigation.

Guardian Business

British Gas pays £20m over prepayment meter force-fitting scandal

NACHRICHT

15.5.2026KI-Zusammenfassung

British Gas pays £20m over prepayment meter force-fitting scandal

British Gas agrees to £20m redress fund and up to £112m in total compensation for forcibly fitting prepayment meters in vulnerable customers' homes without consent, following an Ofgem investigation.

BBC Business

E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier

NACHRICHT

11.5.2026

E.ON agrees to buy Ovo in deal to create UK’s biggest energy supplier

Acquisition would result in combined company serving about 9.6 million customers if given regulatory approvalBusiness live – latest updatesThe German energy group E.ON has agreed to buy struggling UK rival Ovo in a deal that would create Britain’s biggest gas and electricity supplier.The combined company will serve about 9.6 million customers, overtaking the market leader, Octopus, which serves almost 8m households in the UK. Continue reading...

Guardian Business

Octopus Energy CEO Suggests Households Could Accept Occasional Blackouts for Lower Bills

In Entwicklung

Business·1.5.2026KI-Zusammenfassung

Octopus Energy CEO Suggests Households Could Accept Occasional Blackouts for Lower Bills

Octopus Energy CEO Greg Jackson has suggested some households would accept occasional electricity blackouts in exchange for 25% lower energy bills, sparking controversy on the anniversary of Europe's largest power outage in Spain and Portugal. The comments come as UK dual fuel bills are expected to rise to almost £2,000 from July, with grid upgrade costs climbing from £254 to £457 annually. Jackson, 54, clarified he was not advocating for blackouts but said Spanish consumers would accept occasional outages for cheaper electricity. At least six people died in last year's Iberian blackout, including two who died after being unable to run breathing equipment.

Guardian Business

3 Min. Lesezeit

Octopus Energy CEO suggests households might accept blackouts for lower bills

In Entwicklung

Business·1.5.2026KI-Zusammenfassung

Octopus Energy CEO suggests households might accept blackouts for lower bills

Octopus Energy CEO Greg Jackson has suggested some households might accept occasional electricity blackouts in exchange for significantly lower energy bills, citing Spain's 25% cheaper electricity as a model. Speaking at an industry conference on the anniversary of Europe's largest power outage that affected tens of millions in Spain and Portugal, Jackson clarified he is not advocating for blackouts but argued consumers would trade reliability for lower costs. The comments come as Octopus Energy campaigns against tens of billions of pounds in UK grid investment that it says drives up household bills.

Guardian Business

3 Min. Lesezeit

Southeast Asian Nations Turn to Russian Oil Amid Strait of Hormuz Supply Concerns

In Entwicklung

Energy·28.4.2026KI-Zusammenfassung

Southeast Asian Nations Turn to Russian Oil Amid Strait of Hormuz Supply Concerns

Southeast Asian countries including Malaysia, Indonesia, Vietnam, the Philippines and Myanmar are increasingly seeking Russian oil, raising concerns about Moscow potentially converting a short-term emergency energy supplier role into longer-term regional influence. Analysts warn Russia could use its position as an energy lifeline to secure currency of influence in ASEAN, as the Strait of Hormuz closure continues to pressure a region dependent on Gulf imports for over half its oil and gas needs.

SCMP Economy

1 Min. Lesezeit