Energy Industry


FCA must backtrack over Saudi oil giant Aramco

Oil Drums

Andrew Bailey, the chief executive of the Financial Conduct Authority, is usually good at reading the breezes. He is the safe-hands operator whom the former chancellor George Osborne switched from the Bank of England to inject some much-needed credibility into FCA after its various calamities.

UK should stay in Euratom nuclear body, says Labour

Keir Starmer QC, Director of Public Prosecutions, Crown Prosecution Service, UK

Labour’s Keir Starmer has urged the government to keep Britain in the Euratom treaty that governs the movement of nuclear materials – and drop its red line on the future role of the European court of justice or risk defeat in the House of Commons.

Competition regulator's grilling on banks was exquisite torture

Houses of Parliament

Inquiries into the banking sector have arrived at a rate of about one a year for the past couple of decades, but has any been as feeble as this summer’s offering from Competition and Markets Authority? That was the one that concluded that a few tweaks, like better price comparison websites and a voluntary cap on overdraft charges, might succeed where stiffer remedies had failed in the past to boost competition.