Our experts provide their insights on the latest industry developments and share tips on accountancy and business matters.
17 August 2022
Choppy waters ahead for oilfield service businesses as the windfall tax creates uncertaintyLegislation for the energy profits levy passed through the House of Commons recently to the dismay of many in the industry. This “windfall” tax has been imposed on the oil and gas industry in light of exceptional profits – most recently illustrated by BP – due to high commodity prices. Graham Alexander, Partner and Head of Corporate Finance, explains further.
17 November 2021
COP26 - a platform for changeWe summarise the key outcomes from week two of COP26, where key themes included addressing a pledge to phase down coal; pledges to cut emissions from transport such as vehicles; aviation and shipping; and a historic collaboration signed between the US and China.
04 August 2021
Renewable Energy: Deployment Levels in Scotland 2020The Scottish Government set a target to generate 50% of Scotland’s overall energy consumption from renewable sources by 2030, and to have decarbonised the system almost completely by 2050. Here, we have set out the progress made to date in relation to electricity, heat and transport.
22 April 2021
A lower carbon future for the UKAs we strive for a net zero carbon future over the next 30 years, this year’s Budget set out a number of measures designed to usher in a lower carbon future for the UK.
09 July 2020
The Chancellor’s Summer Statement - The future is ‘green’In today’s summer statement the focus is on Britain’s bounce back being ‘green’. Numerous announcements were made to add further fuel to the UK’s drive towards a green economy.
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