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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…
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…
Britain’s energy crisis has been years in the making, thanks to the Conservatives | Ed Davey
Since 2015 policies to insulate Britain’s homes and diversify our energy supply have stalledEd Davey is leader of the Liberal Democrats and former energy and climate change secretaryRocketing heating bills owing to dramatic gas price rises are just the…
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…
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…
Food shortages? Gas prices? Wake me up when it’s all over, please | Zoe Williams
My husband spends his life trying to brief me on things I should anxiously engage with. But I can’t worry about a dearth of Christmas turkeys so far in advanceI tend not to worry about things until they have happened. This is somewhere between a policy…
Kwarteng to hold emergency meeting with gas chiefs over price crisis
Business secretary says he will let small suppliers go bust to protect consumers from higher pricesKwasi Kwarteng, the business secretary, will hold an emergency summit with gas industry chiefs on Monday morning in an effort to contain the fallout caus…
Energy market crisis: what caused it and how does it affect my bills?
UK wholesale energy markets have hit record highs in recent weeks. Here’s what you need to knowThe UK’s wholesale energy markets have reached record highs in recent weeks. The trouble stems from a global surge in demand for gas following a cold winter …