Government shows its hand on the future of energy

Greg Clark’s Faraday Challenge announcement this week to fund £246m of battery innovation is a marked shift away from the Cameron-Osborne free market agenda. It indicates that the industrial strategy is more than just talk. This is an emerging market and the standards haven’t yet been established. It is now clear that politics will playRead more

Where next for energy investors?

Potential price cap and consumer measures At the Conservatives’ Spring Conference, the Prime Minister signalled her intention to take further measures to bring down energy prices for consumers. Backbench Tory MP John Penrose has suggested a relative price cap which would limit the difference companies were allowed to charge between their cheapest deals and theirRead more

WA Investor Services shortlisted for Specialist Adviser award

WA Investor Services (formerly Westminster Advisers) is delighted to have been shortlisted for Specialist Adviser of the Year in the Private Equity Awards 2017 – the third year in a row that we have been nominated at these prestigious awards. Now in their 17th year, the Private Equity Awards are the oldest, most respected accolades bestowed on theRead more

Margin calls in the energy sector: what does the government’s current agenda mean for investors?

Newspaper headlines in recent days have been full of analysis of energy company profit margins and the energy system capacity margin. The Sun claimed that energy companies were making much more money from customers than they had previously stated. The UK sent energy to France for the first time in years, putting pressure on theRead more

Workforce woes? Political risk and the UK labour market

Something of a political football during both 2015’s general election campaign and this year’s EU referendum, immigration has become a red line for government. In seeking to boost her Brexit credentials and win political ground from Labour and UKIP (despite having failed to reduce net migration during her six-year stint as Home Secretary) Theresa MayRead more

The end of the gig economy?

The ruling that Uber drivers should be classed as employees rather than self-employed contractors is the latest development in a long-running debate about the nature of the flexible workforce in the UK. The growth of the so-called ‘gig economy’, whereby workers are contracted on a temporary basis or for short-term or flexible engagement, has meantRead more