Ofgem: Soaring gas prices ‘will feed into customer bills’

Audrey Gallacher, Energy UK’s deputy chief executive, said: “Due to the unprecedented price increases in natural gas, National Grid, the electricity system operator, has had to make some tough choices about where we get our power from in order to maintain security of supply.

Recent Posts

Nike and Costco warn of product shortages and delays

"The factors pressuring supply chains and inflation include port delays, container shortages, Covid disruptions, shortages on various components, raw materials and ingredients, labour cost pressures and truck and driver shortages," said Costco's chief financial...

read more

Huawei’s Meng Wanzhou ‘to be freed’ in US deal

For Huawei's boss, the issue has been deeply personal, with his daughter being held, but for the whole of China it has also turned into a major cause of anger. It has also poisoned relations between China and Canada, with the latter believing two of its citizens,...

read more