
UK slips behind France in race for renewable energy investment as green projects plunge
Britain loses top spot to France for foreign direct investment in renewable energy and utilities as new UK projects fall 57%, EY report reveals.
Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the 'covid era' and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine's coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Britain loses top spot to France for foreign direct investment in renewable energy and utilities as new UK projects fall 57%, EY report reveals.

OpenAI has removed online content promoting its $6.4bn deal with Jony Ive’s hardware startup ‘io’ after a trademark complaint by AI earbud maker iyO.

Cybersecurity researchers warn internet users to update passwords and enable multifactor authentication after 16 billion login credentials were found in exposed datasets.

Labour announces £275m investment in technical training and apprenticeships in England as part of its industrial strategy, targeting skills gaps and countering Reform UK’s rise in…

Labour has axed the Conservatives’ £950m EV rapid charging fund, redirecting £400m toward on-street infrastructure in underserved areas as part of a revised electrification strategy.

The UK government will cut green levies for over 7,000 businesses to reduce energy costs and support manufacturing, as part of a major 10-year industrial strategy…

With nearly 80% of UK businesses hit by rising energy costs and no price cap in place, Utility Bidder has launched a government petition calling for…

The UK jobs market posted a modest rise in new job adverts last month, suggesting early signs of resilience despite economic headwinds and growing pressure on…

Royal Mail CEO Emma Gilthorpe resigns after one year in role, as new owner Daniel Kretinsky completes £3.6bn takeover of parent company International Distribution Services.

Scottish farmers warn that meat imports from trade deal nations like Australia and Brazil could destabilise the domestic sector, as calls grow for fairer, joined-up trade…

UK space tech start-up Magdrive is set to launch a metal-fuelled spacecraft engine from California, aiming to prove Britain’s potential as a leader in next-gen satellite…

Oasis will open six official merch stores across the UK and Ireland before their long-awaited reunion tour kicks off, selling exclusive items and adding to a…

GB News ranks as the UK’s fourth biggest news outlet by weekly reach, according to the Reuters Institute’s 2025 Digital News Report, overtaking Channel 4, Channel…

Wine supplies to UK supermarkets could be disrupted this summer as workers at the Encirc bottling plant in Bristol go on strike over pay and collective…

UK public sector borrowing fell to £17.7bn in May, below forecasts, as higher national insurance receipts and lower debt interest costs eased pressure on public finances.