UKTice: AR7 support will not lastWriting in Energy Voice, Richard Tice tells renewables developers to “walk away” from AR7. In his first direct message to the sector, he warns the politics of net zero are shifting - and future subsidies can’t be guaranteed. He brands AR7 a threat to prices, security, and growth. Energy bills to rise this AutumnCornwall Insight forecasts a 1% rise in the typical annual energy bill from October, bringing it to £1,737. Despite stable wholesale prices, policy-driven costs - like the expanded Warm Home Discount - are pushing bills up. Energy is the hidden ingredient in UK food inflationFood inflation hit 4.9% in July, with prices up 37% over five years. While weather and global shocks get headlines, rising energy costs remain a major but underreported factor. Norway strikes major North Sea oil findNorway has made one of its biggest North Sea oil discoveries in a decade - 134 million barrels - just 100 miles from Shetland. The find, in a region thought to be fully explored, highlights the policy gap with the UK, where new fossil fuel licences have been banned under Ed Miliband. UK North Sea tax slump threatens GB EnergyFalling windfall tax revenues risk blowing a hole in the Autumn Budget, RSM UK warns. July’s North Sea receipts dropped to £770m, well below forecasts, casting doubt on Labour’s ability to fund GB Energy as planned. Rayner sued over £1bn data centre approvalAngela Rayner faces a legal challenge from green groups after approving a £1bn AI data centre in Buckinghamshire. Activists say the decision bypassed environmental checks and threatens net zero goals, warning of major energy and water demands.
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