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Category: United Kingdom

Category:
  • United Kingdom

UK Electricity Theft Breaks Records As Energy Bills Soar

The average annual UK gas and electricity bill rose from £1,400 in October 2021 to £2,000. Analysts are predicting that average energy bills could climb even higher, with the lowest Continue Reading

Posted On : 9 Aug 2022 Published By : Tom Whipple
Category:
  • United Kingdom

Energy companies urge UK to detoxify gas exports to EU

Energy companies have urged the UK to take “urgent” action over the amount of “toxic” and “hazardous” contaminants in the gas it is processing for export to the EU. They Continue Reading

Posted On : 8 Aug 2022 Published By : Tom Whipple
Category:
  • United Kingdom

UK adults cut back on oil products, gas, electricity use as costs rise: data

Highlights 42% of UK adults cut back on non-essential vehicle travel 51% cutting household gas, electricity use Signs of demand destruction as BOE warns of 13% inflation More evidence of Continue Reading

Posted On : 6 Aug 2022 Published By : Tom Whipple
Category:
  • United Kingdom

UK Corporate Distress Jumps 37% in Second Quarter as Prices Rise

The number of UK companies at risk of collapse rose by more than a third in the second quarter as surging inflation continued to erode margins. Almost 2,000 companies were Continue Reading

Posted On : 5 Aug 2022 Published By : Tom Whipple
Category:
  • United Kingdom

London Is Teetering Toward Water Rationing If Drought Persists

The famously green UK capital is now covered in fields of yellow after weeks of unusual heat and a lack of rain. Greenwich Park in London, on Aug. 3. Photographer: Continue Reading

Posted On : 5 Aug 2022 Published By : Tom Whipple
Category:
  • Natural Gas Exports
  • United Kingdom

Mud and Dust in Pipeline Slows Vital Gas Flows to Europe From UK

Dust and mud is clogging the filters on a key pipeline sending natural gas from the UK to Europe, slowing down flows as the winter crunch time approaches. The operator Continue Reading

Posted On : 3 Aug 2022 Published By : Tom Whipple
Category:
  • United Kingdom

Bank of England Set for Biggest Interest Rate Rise in 27 Years

The Bank of England this week is expected to push through the biggest interest-rate increase in 27 years and unveil its strategy for unwinding some of the £895 billion ($1.1 Continue Reading

Posted On : 1 Aug 2022 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

City of London Workers Kept Going to Office During Heat Wave

City workers cross London bridge during a heatwave in London, on July 18. Follow us at @BloombergUK and on Facebook , and wrap up your day with The Readout newsletter Continue Reading

Posted On : 25 Jul 2022 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

Want to Stay Cool in UK for 24 Hours? It’ll Cost Households

Cool air for 24 hours can set back cash-strapped UK consumers more than £18 ($22) as energy costs soar. And with the country experiencing temperatures in excess of 40 degrees Continue Reading

Posted On : 20 Jul 2022 Published By : Tom Whipple
Category:
  • Climate
  • United Kingdom

London Set to Bake In More 40-Degree Days as Planet Warms

 Temperatures in London and the south of England might hit a record-setting 40° Celsius (104° Fahrenheit) next week, hotter than the forecast in Madrid, Rome or Marseille. The English may Continue Reading

Posted On : 18 Jul 2022 Published By : Tom Whipple

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