Summary: Transport Secretary Grant Shapps emphasizes the importance of issuing 100 new oil and gas licenses this autumn. Shapps warns that without these licenses, the UK would have to rely on higher-emission fossil fuel imports, leading to increased carbon emissions. The government aims to support the oil and gas industry, preserve jobs, and maintain tax revenue through the issuance of these licenses. Transport Secretary Grant Shapps has emphasized the significance of issuing 1...

Summary: FTSE 100 is down despite the announcement of new North Sea oil and gas licenses. Financial Conduct Authority (FCA) has undergone an overhaul for fair treatment of consumers. UK's largest banks are planning a £5 million advertising campaign to support customers with repayments. BT Group 's shares slipped after the announcement of Alison Kirkley as the new chief executive. Marshall 's share price plummeted following the news of 250 job cuts . Walmart acquires TigerGlobal 's investment in Flipkart for $1.4 billion, increasing its stake to over 80%. ScanCell 's share price rises as the company expa...