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UK Approves Jackdaw Gas Field as Energy Crisis Deepens

The UK government on Wednesday approved the long-delayed Jackdaw gas field in the first approval of a new North Sea project since the Iran war hiked energy prices. Jackdaw will start to supply gas to British homes and businesses from the end of this month, after the UK Energy Secretary agreed that the regulator can grant consent for gas to be produced at the field, Andy Burnham’s Labour…

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10 Wednesday AM Reads

My mid-week morning reads: • Is CoreWeave the Silicon Valley Bank of 2026?: Perhaps, but not in the way you might think. Robin Wigglesworth: SVB’s 2023 collapse was supposed to trigger a regional-bank wave, a recession and Fed cuts. It didn’t. Now the question is whether the AI cloud lender plays that role this time.

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