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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on July 3, 2025

    Featured image for article about Headlines

    By Susanna Twidale

    LONDON (Reuters) -Britain is launching its first ever onshore wind strategy, designed to boost renewable power capacity and increase jobs in the sector, the government said on Friday.

    Britain is aiming to largely decarbonise its electricity sector by 2030 as part of efforts to meet its climate goals, boost energy security and reduce power costs by curbing its reliance on expensive fossil fuels.

    “Rolling out more onshore wind is a no-brainer – it’s one of our cheapest technologies, quick to build, supports thousands of skilled jobs and can provide clean energy directly to the communities hosting it,” Energy Minister Michael Shanks said in a statement from the Department for Energy Security and Net Zero.

    The government said the move could help create around 45,000 jobs.

    Under the strategy it is launching 40 actions to help boost onshore wind projects such as offering funding for things like football pitches or libraries in communities hosting the projects, working to repower existing wind turbines coming to the end of their lifespans and improving the planning process for new projects.

    “The measures outlined will increase confidence among investors and developers, so that we can attract billions in private investment and create thousands of highly-skilled jobs and new supply chains all over the country,” James Robottom, Head of Onshore Wind Delivery at industry group RenewableUK said in the government statement.

    Britain currently has around 16 gigawatts (GW) of onshore wind power but is targeting 27-29 GW by 2030.

    (Reporting By Susanna Twidale; Editing by Hugh Lawson)

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