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The Latest Breaking News from BEIS

Cuadrilla allowed to delay closure of Lancashire fracking wells

Regulator gives gas exploration company another year to plug wells, amid UK energy security concerns

The Guardian - UK

Government energy crisis response 'inadequate', says Good Energy boss

The Wiltshire-based supplier said rising wholesale market prices had hit its profits

Birmingham Post

Welsh Government loses high court bid to stop power cut at Baglan Energy Park

Businesses at Baglan Energy Park face losing electricity supply after failed legal proceedings by the Welsh Government

Birmingham Post

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Jobs fears as companies at Baglan Energy Park face losing electricity supply weeks before new one is in place

The Welsh Government has failed in a court bid to ensure there is no break in the electricity supply to the site, but is now launching a Judicial Review

Wales Online

Race to Net Zero: Key Labour MP asks if Government is running quickly enough

Humber factfinding mission sees BEIS Select Committee chair question pace of progress with targets looming ever closer

Birmingham Post

Kwarteng accused of letting fake news flourish over Queen portrait

Union chief says business secretary is damaging morale after ignoring requests to correct reports

The Guardian - UK

Ofgem admits failings over energy regulation, and warns Ukraine conflict would push bills higher – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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Sanjeev Gupta thanked minister for key role in securing loans for Greensill

Metals tycoon wrote to Nadhim Zahawi after firm, which collapsed in 2021, gained access to Covid scheme

The Guardian - UK

Nadhim Zahawi ‘instrumental’ in securing controversial Greensill loans, says steel magnate

Sanjeev Gupta thanked senior minister for help, letter shows

The Independent UK

Drama at Westminster as minister quits government at the despatch box over 'schoolboy' handling of Covid fraud

Lord Agnew of Oulton’s resignation described as 'one of the most dramatic moments ever seen' in the House of Lords

Wales Online

Minister quits Government with blast over ‘schoolboy’ handling of Covid fraud

Lord Agnew of Oulton’s resignation posts was described as “one of the most dramatic moments ever seen” in the House of Lords.

The Independent UK

Tory minister resigns over government’s ‘lamentable’ record in tackling Covid fraud

Lord Agnew attacks ‘arrogance, indolence and ignorance’ in government

The Independent UK

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