UK inflation jumps to 3.5% on rising motor fuels costs; UK approves Jackdaw gasfield – business live

Carla Denyer , MP for Bristol and the former co-leader of the Green Party of England and Wales, said:
double quotation mark Jackdaw will not bring down bills or protect jobs. This is an irresponsible decision from a government that seems to care more about the profits of fossil fuel companies than the money in your pocket or the safety of our planet.
There is no future in fossil fuels. Pretending otherwise fails workers, billpayers, and the next generation who deserve to inherit a planet safe from climate catastrophe.
It is now more important than ever that politicians, campaigners, scientists, and lawyers continue to work together to stop any more climate vandalism at the hands of this government. We must implore them to say no to Rosebank and to halt any plans to allow new oil and gas extraction through tie-backs to existing production facilities.
What the government should be doing is making large-scale investments in cheap and reliable renewables to safeguard our energy security. They must also offer a package of support to future-proof jobs in the energy sector so that workers in oil and gas can transition to good-quality green jobs, alongside a nationwide home insulation programme and making polluters pay.
Source: The Guardian. Summary reproduced for informational purposes.
Related
BusinessSurging fuel prices push UK inflation rate to 3.5% ahead of Budget
Inflation accelerated to 3.5% from 3.1% in the year to September, according to the Office for National Statistics (ONS).
BusinessWhy is Elon Musk plotting a mega-merger of SpaceX and Tesla?
Musk says there's "a lot to be gained" by combining the firms in what would be the biggest merger in history.
BusinessUK approves Jackdaw gasfield in North Sea
Decision was widely expected after lobbying by Shell but will dismay environmental campaigners What does the UK’s approval of the Jackdaw gasfield mean? The UK government has approved the controversial Jackdaw gasfield in the North Sea, a widely expected move
BusinessHow might Andy Burnham tackle Thames Water debacle?
A look at some of the options after PM is urged to consider radical alternatives to deal with stricken company Andy Burnham has told officials to rip up their plans for how to fix Thames Water and present him with more radical options for what to do with the s
Never miss a headline
The biggest stories in business and finance, delivered to your inbox. Join thousands of readers — unsubscribe any time.