Business, Inflation, Stock markets, Commodities, Currencies, Economics Business | The Guardian
Inflation hits eight-month high; US Federal Reserve widely expected to cut interest rates by a quarter pointAway from inflation, energy companies have promised to spend almost £70bn over five years to help rewire Britain’s electricity infrastructure in the global race to shift from fossil fuels to clean electricity.The companies which own Britain’s high-voltage power system – National Grid, SSE and Scottish Power – have submitted spending plans totalling around £68bn to the industry regulator for the period from 2026 to 2031, which could support around 100,000 jobs. Continue reading…
Inflation hits eight-month high; US Federal Reserve widely expected to cut interest rates by a quarter point
Away from inflation, energy companies have promised to spend almost £70bn over five years to help rewire Britain’s electricity infrastructure in the global race to shift from fossil fuels to clean electricity.
The companies which own Britain’s high-voltage power system – National Grid, SSE and Scottish Power – have submitted spending plans totalling around £68bn to the industry regulator for the period from 2026 to 2031, which could support around 100,000 jobs.
