Less Ads, More Data, More Tools Register for FREE

Pin to quick picksItm Power Share News (ITM)

Share Price Information for Itm Power (ITM)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 49.56
Bid: 49.80
Ask: 50.10
Change: -1.44 (-2.82%)
Spread: 0.30 (0.602%)
Open: 52.00
High: 53.00
Low: 49.48
Prev. Close: 51.00
ITM Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

CBI boss says government should 'fill in blanks' in plans to fight climate crisis

Mon, 14th Jun 2021 08:37

(Sharecast News) - Confederation of British Industry boss Tony Danker said that the world is "way off track" in its fight against climate change and the UK government should provide detailed guidance on how it plans to combat it.
The government should give guidance on home heating and transport to unlock private resources, said Danker.

"Tackling the planet's climate crisis before it's too late has always been a seismic challenge demanding global cooperation on an unprecedented scale," the head of the UK's biggest business group will say in a speech at the CBI's Road to Zero conference on Monday.

"The world has no room for failure. The climate crisis is worsening and currently we're way off track."

CBI said the government needs to "fill in the blanks" in its plans to cut greenhouse gas emissions by 68% by the end of this decade, and by 78% compared with 1990 levels by 2035.

In 2020, Prime Minister, Boris Johnson, published a "10-point plan" for a green industrial revolution but there was a lack of concrete policies attached to the announcement.

Danker told the Guardian: "I think the 10-point plan is very good, but it does not have quite enough detail. We need a blueprint to build, to make sure we move from ambition to action."

Without such detail and policies, the UK would miss out on much-needed investment from international companies, he warned. "Companies are alert and keen to play in Britain, but they are now saying they need more granularity [detail] to make real investment decisions," he said.

The CBI set out its recommendations on achieving the targets, which include seven new gigafactories to build batteries and other components for electric vehicles, a plan for a nationwide network of electric vehicle charging and a review into fuel duty by the end of 2021.

When it comes to the decarbonisation of homes, there should be a requirement for new gas boilers sold after 2025 to be "hydrogen ready" and no new gas boilers should be sold from 2035.
More News
9 Jun 2023 15:23

Thyssenkrupp's Nucera to launch IPO as early as next week -sources

LONDON/FRANKFURT, June 9 (Reuters) - Thyssenkrupp is poised to launch the long-awaited listing of its hydrogen division Nucera as soon as next week, according to several people familiar with the matter, in what could be a boost to Europe's sluggish capital markets.

Read more
9 Jun 2023 14:50

Thyssenkrupp's Nucera to launch IPO as early as next week -sources

LONDON/FRANKFURT, June 9 (Reuters) - Thyssenkrupp is poised to launch the long-awaited listing of its hydrogen division Nucera as soon as next week, according to several people familiar with the matter, in what could be a boost to Europe's sluggish capital markets.

Read more
1 Jun 2023 10:14

ITM Power FY revenue seen ahead of guidance, EBITDA loss within range

(Sharecast News) - ITM Power said on Thursday that it expects full-year revenue to be ahead of guidance, while the adjusted EBITDA loss will be within the guidance range.

Read more
1 Jun 2023 08:49

ITM Power to meet annual guidance, but road to recovery remains long

(Alliance News) - ITM Power PLC on Thursday said it should meet and exceed guidance for the financial year just ended, but will still fall short of last year's performance.

Read more
1 Jun 2023 08:03

LONDON BRIEFING: Higher open as US debt limit bill passes House

(Alliance News) - Stocks in London opened higher on Thursday, after the US debt ceiling bill passed the vote in the House of Representatives.

Read more
17 May 2023 09:44

LONDON BROKER RATINGS: Canaccord reinitiates Antofagasta with 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
19 Apr 2023 09:48

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

Read more
5 Apr 2023 15:29

Thyssenkrupp targets June window for Nucera IPO attempt - sources

FRANKFURT, April 5 (Reuters) - Thyssenkrupp may pick June to list its hydrogen business Nucera, provided equity markets are robust, three people familiar with the matter said, in what could be a multi-billion euro initial public offering.

Read more
3 Apr 2023 12:26

ITM Power announces big expansion to Sheffield facility

(Sharecast News) - ITM Power announced a major expansion of its facilities at Bessemer Park in Sheffield on Monday.

Read more
3 Apr 2023 10:42

ITM Power to further expand facilities at Bessemer Park, Sheffield

(Alliance News) - ITM Power PLC on Monday said it has decided to substantially expand its facilities at Bessemer Park, Sheffield, signing a contract for the lease of additional factory and office space.

Read more
29 Mar 2023 09:28

LONDON BROKER RATINGS: Barclays cuts Smith & Nephew; UBS likes Spirent

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
29 Mar 2023 07:52

LONDON BRIEFING: Next guides for lower profit and full price sales

(Alliance News) - Equity trading is set to remain cautious in London on Wednesday, as investor sentiment continues to steady after the recent turbulence in the banking sector.

Read more
14 Mar 2023 14:12

ITM Power agrees increase in power supply for testing

(Sharecast News) - Hydrogen energy specialist ITM Power announced an agreement with Power On Connections on Tuesday, to increase its power supply at Bessemer Park by 300%.

Read more
14 Mar 2023 11:18

ITM Power shares rally as deal expands power supply at Bessemer Park

(Alliance News) - ITM Power PLC on Tuesday announced it signed an agreement with Power On Connections Ltd to quadruple its power supply at Bessemer Park, Sheffield by the end of 2024.

Read more
14 Mar 2023 11:07

AIM WINNERS & LOSERS: Blue Star jumps; Virgin Wines profit slumps

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.