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The London Metal Exchange (LME) is a futures and forwards exchange in London, United Kingdom with the world's largest market [1] in standardised forward contracts, futures contracts and options on base metals. The exchange also offers contracts on ferrous metals and precious metals. [2] The company also allows for cash trading.
The industry is lobbying for weaker rules on EV production. Currently, car makers are expected to make 22 per cent of their cars electric. The government has indicated it may give car makers more ...
The oil and gas industry in the United Kingdom produced 1.42 million BOE per day [4] in 2014, of which 59% [4] was oil/liquids. In 2013 the UK consumed 1.508 million barrels per day (bpd) of oil and 2.735 trillion cubic feet (tcf) of gas, [5] so is now an importer of hydrocarbons having been a significant exporter in the 1980s and 1990s.
The APC was founded in 2013 as a joint venture between the automotive industry and UK government to "research, develop and commercialise technologies for vehicles of the future". Both government and the automotive industry committed to investing £500 million each, totalling £1 billion over a ten year period. [ 2 ]
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Petroleum refining in the United Kingdom produced around 51.45 million tonnes of petroleum products in 2023, down 16% from 2015 and 32% from 2011. [1] There are six major and one minor petroleum refinery in the downstream sector of the UK oil industry.
A total of 58,043 cars were built in the UK in July, 8.6% more than during the same month last year, according to industry figures. UK car production rises for third consecutive month Skip to main ...
The pharmaceutical industry employs around 67,000 people in the UK and in 2007 contributed £8.4 billion to the UK's GDP and invested a total of £3.9 billion in research and development. [ 113 ] [ 114 ] In 2007 exports of pharmaceutical products from the UK totalled £14.6 billion, creating a trade surplus in pharmaceutical products of £4.3 ...