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RWE and KKR have finalised major UK infrastructure investment financing. Their £12bn partnership includes £1bn of National Wealth Fund commitments, alongside financing arrangements involving 35 international banks.
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Defra proposes new checks on commodities associated with illegal deforestation. Businesses with turnover exceeding £1m could face additional due diligence and traceability requirements covering major agricultural commodities and timber.
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Ministers plan tougher oversight of Britain’s expanding workplace pension schemes. Proposed reforms include board-wide skills assessments, tighter supervision of administrators, and stronger safeguards against conflicts of interest.
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Large businesses face fraud risks when supplier details go unchecked. HICX research highlights outdated records and weaknesses in payment-change verification across complex enterprise systems.
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Britain’s new energy bill proposes substantial changes to market regulation. The measures include faster grid connections, tighter oversight of energy brokers, community ownership provisions, and stronger powers for Ofgem.
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Danieli UK is investing in renewable power at Rotherham headquarters. The engineering company plans 474 panels and battery storage, forecasting more than £1.5m in lifetime energy savings.
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MPs warn Sizewell C financing leaves consumers facing substantial risks. The Public Accounts Committee says a higher construction bill could mean £9.8bn in additional consumer payments during construction and £12bn over operation, while investors contribute only £30m more.
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Frodsham solar scheme wins consent after separate national planning examination. The Cheshire project includes photovoltaic arrays, energy storage and potential private-wire links to nearby businesses.
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Government grants consent for another large renewable generation development project. Great North Road Solar and Biodiversity Park is designed for up to 800MW, including storage and grid infrastructure.
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Ofqual penalises awarding organisation after serious qualification oversight failures emerged. Innovate Awarding must pay £185,000, with hundreds of certificates revoked following weaknesses in centre monitoring.