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EU auditors warn Russian energy exit investment remains insufficient today. The assessment raises questions over infrastructure spending, gas security, and the resilience of Europe’s post-Russian energy system.
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Engineers are warning of cascading risks across critical UK infrastructure. New research argues that resilience planning must account for compound extreme-weather events and failures spreading between power, water, transport, telecoms, healthcare, food, and digital systems.
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Smith+Nephew is proceeding with disputed executive pay arrangements after consultation. CEO Deepak Nath has received additional share awards after remuneration resolutions attracted more than 20% opposition at the company’s May AGM.
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Plug-in solar is now legal for households across Great Britain. Approved kits can generate up to 800W, opening a new distributed-energy market for manufacturers, retailers, installers, and network operators.
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Certain Energy has raised £10m to commercialise long-duration battery technology. The Imperial spinout will expand UK research, develop a grid-connected system in India, and build a supply chain for manganese flow batteries.
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Deloitte agrees to a $21.5 million settlement with DOJ. The U.S. Department of Justice has reached a settlement with Deloitte, involving allegations of racial and gender discrimination through DEI goals in hiring and staffing decisions, prompting the firm to pay $21.5 million.
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Government funding targets energy storage lasting more than four days. A new £28m challenge will support advanced batteries and underground hydrogen systems for prolonged periods of weak renewable generation.
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Revolut proposes wider founder borrowing powers against pledged company shares. Investors are being asked to approve governance changes increasing Nik Storonsky’s borrowing cap from $50m to $250m as the fintech’s valuation rises.
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Government is reviewing electric vehicle sales targets amid industry pressure. The consultation will examine annual ZEV requirements while retaining the 2030 petrol-and-diesel phase-out and 2035 zero-emission end point.
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Cocoa supply chains face fresh pressure from EU deforestation rules. West African exporters are spending heavily on farm mapping and traceability, while concerns are growing that compliant beans could be in short supply during the regulation’s initial phase.