Russia halts gas supplies to Finland

“The amount of gas needed by the Finnish gas market is imported into the Finnish gas system through Balticconnector entry point in accordance with the nominations made by the market parties. Gasgrid Finland has directed gas imports in Balticconnector and the gas system is currently in balance,” it said.

Recent Posts

Pound rises ahead of expected Johnson resignation

Kitty Ussher, chief economist at the Institute of Directors, the UK employers' group, said: "What business hates most is uncertainty and instability, which heightens the sense of external risk. Having said that, we recognise that this is an issue for the Conservative...

read more

Will Nadhim Zahawi change tack on the economy?

He acknowledged both he and the prime minister wanted a "low-tax, high-growth economy, and world class public services", but Mr Sunak said this could only be "responsibly delivered if we are prepared to work hard, make sacrifices and take difficult decisions".

read more

Pound slides to two-year low against the dollar

George Godber, a fund manager with Polar Capital, said gas prices were set to rise even further later in the year: "Our companies are struggling with this deteriorating economic outlook. How do businesses and consumers plan for rising gas prices, and the squeeze in...

read more