Fracking rejected in Blackpool

The nascent UK fracking industry has suffered a major setback following Cuadrilla's failed bid to drill four exploratory wells.

15-7-2-frack-634

Cuadrilla has come up against stiff opposition

The nascent UK fracking industry has suffered a major setback. Lancashire County Council rejected a bid from oil and gas explorer Cuadrilla to begin fracking in four exploratory wells near Blackpool "on the grounds of noise and visual impact". Cuadrilla will appeal.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.