SSE and innogy's plan to exit UK retail electricity and gas supply by combining their retail operations into a new separate business suggests that political and regulatory uncertainty, and growing competition have made the market less attractive for existing operators, Fitch Ratings says. The transaction, which does not have an immediate ratings

The partnership between Norwegian Air Shuttle (NAS) and easyJet shows the low-cost business model is gaining momentum in European long haul, Fitch Ratings says. This could eventually lead to similar transformational changes to European network carriers' long-haul markets as it did to short haul. We do not expect near-term rating actions for

We have made a minor adjustment to our UK production forecast following ongoing commissioning issues at EnQuest's Kraken heavy oil field development. Whilst we remain positive on UK oil output growth, the potential delays to other project start-ups in the North Sea basin will remain the largest downside risk to the timescale of our production