Business

US invests $280bn in high tech to compete with China

US President Joe Biden has signed a law committing $280bn (£232bn) to high tech manufacturing and scientific research amid fears the country is losing...

Households already in debt as energy bills rise

Many households are falling behind on energy payments with total debt owed three times higher than in September last year, a survey has suggested. Almost...

Shell staff get profits bonus as energy bills soar

Energy giant Shell is to give its workers a one-off 8% bonus after the company reported record profits from high oil and gas prices. Most...

BP sees biggest profit in 14 years as energy bills soar

BP has reported its biggest quarterly profit for 14 years after oil and gas prices soared. The energy giant saw underlying profits hit $8.45bn (£6.9bn)...

Energy prices: How will the £5bn windfall tax work?

BP has reported record quarterly profits as it reaps the benefits of higher oil and gas prices, along with rival Shell, months after the...

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