Ladbrokes owner bet big that it was undervalued. It won … big

Liberalisation of US gambling law is fuelling a wave of buyouts of more tech-savvy UK betting firmsThe stock market bargain during the wild pandemic trading of March 2020, it turns out, was the owner of antique betting chains Ladbrokes and Coral. In th…

UK households face second record energy bill rise

Analysts predict a further 14% jump for spring 2022 on top of next month’s scheduled £139 riseMillions of households could face a second record jump in energy bills next spring, on top of the £139 increase due next month, as the global gas crisis conti…

It seems the Conservatives failed to fix the country while the gas was flowing | Marina Hyde

Britain faces an energy crisis. Will the lights go out just as the Cop26 climate conference begins?Dark days loom – perhaps literally – as Britain’s energy situation moved from a “squeeze” to a “crisis” over the weekend, rising swiftly through the gear…

Kwarteng admits ‘difficult winter’ ahead as energy bills soar

Business secretary says vulnerable customers will be protected, as he distances himself from universal credit cutKwasi Kwarteng has said it “could be a very difficult winter”, with families facing rising energy bills, as he sought to distance himself f…

UK gas supply robust and talk of three-day week ‘alarmist and misguided’, says business secretary – politics live

Latest updates: Kwasi Kwarteng makes Commons statement after talks with energy companies and watchdogNo 10 dismisses ‘winter of discontent’ warnings amid energy crisis talksJohnson defends trade secretary after climate crisis denial tweetsMeeting Cop26…