The gas crisis is global and HM Treasury can hardly send an invoice to Gazprom or QatarHere’s a development in the energy crisis we didn’t expect from a free-market business secretary: talk of a windfall tax on companies that are making big profits fro…
Early bird special: turkey for Christmas? You may already be too late to buy one
A shortage of migrant workers, HGV drivers and now carbon dioxide mean you’d better get your order in fast – or try to source an organic boar’s headName: Turkey.Appearance: Bootiful! Continue reading…
1.9m UK homes lose supplier after two more gas firms go bust
The collapse of Avro Energy and Green means nine suppliers have been lost this yearThe UK gas crisis has claimed another two energy companies, bringing the total number of households that have lost their supplier this year to almost 2m.The regulator, O…
UK ministers reach deal on CO2 production to ease food supply fears
Production at factories in Teesside and Cheshire will resume after government offers financial helpWhat caused the UK’s energy crisis?Ministers have reached a deal to restart carbon dioxide (CO2) production at a factory on Teesside in an effort to ease…
Why does a carbon dioxide shortage matter so much to the UK economy?
CO2 is not just a greenhouse gas it is also essential in the food and drink industry, for nuclear power and even during surgeryCarbon dioxide is a byproduct of industrial production, but it has a wide range of uses across numerous industries: from cool…
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…
IEA calls on Russia to send more gas to Europe before winter
World’s energy watchdog intervenes after Russia decides not to increase exports despite record pricesThe world’s energy watchdog has called on Russia to send more gas to Europe as the energy supply crunch bleeds across the continent, in a rare public r…
This energy price crisis could have been avoided | Letters
Readers respond to the rapidly rising costs of gas and the search for alternative fuelsPerhaps the simplest yet most effective measure that the government could take to minimise the impact of rising wholesale gas prices on the “fuel poor” would be to m…
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…
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…