About 2.5 million households in Britain have seen their annual energy bill go up by an average of £116 despite the government fixing prices until April. Those on Economy 7…
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Energy
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EconomyEnergyUKUK Government
UK inflation will fall in 2023 but energy bills and taxes will rise as house prices drop
by Freddy Evansby Freddy EvansWar in Europe. Political turmoil. A stagnant economy. Soaring energy bills. The highest inflation rate in more than four decades. Higher interest rates. That was the story of 2022. Truly, the year just…
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Finally, British businesses have some clarity about how ministers will help them weather the storm of soaring electricity costs this winter. Energy bills will be halved for businesses, the government confirmed today, as…
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BusinessEconomyEnergyEuropeFeaturedMiddle EastNewsPoliticsRussiaUKUkraine
British Gas-owner reopens storage ahead of winter
British Gas-owner Centrica has reopened its giant gas storage facility to boost the UK’s supply over the winter. The energy firm said the site would allow for “cheaper gas” to…
