Bloomberg UK Business Secretary Kwasi Kwarteng sought to damp speculation that taxes will have to rise in order to fund the government’s green goals a day after the Treasury said it would need to consider new sources of revenue to pay for the transition. “I don’t think that tax rises are inevitable,” Kwarteng said when asked on LBC radio what …

Bloomberg China has started building a massive renewable energy project that’s bigger than all of the wind and solar power in India. Construction on the first phase, comprising 100 gigawatts of wind and solar, in the desert has started smoothly, President Xi Jinping said via video link at a United Nations Biodiversity Conference in Kunming. That’s more than the entire …

Bloomberg Britain will allow London Heathrow airport to lift its charges by as much as 56%, stoking a clash with airlines who warned that higher fares will stifle a recovery at Europe’s busiest airport. The announcement by the UK Civil Aviation Authority (CAA) sets up months of high-stakes lobbying before a final decision early next year. The hike could prove …