Factories braced for energy rationing this winter amid fears Russia could turn off the taps July 3, 2022 Energy rationing could be on the cards this winter, with British factory owners suffering constraints to their energy supplies.
IEA warns of supply deficits with Russian oil isolated from global markets March 16, 2022 The world is set for a supply deficit of 700,000 barrels per day in the second quarter of this year, according to the IEA.
Mark Kleinman: British Steel, Freetrade’s Future and Investment Association grumbles February 23, 2023 I wasn’t wrong a few weeks ago when I wrote here that sorting out Britain’s financially troubled steel industry would ultimately be someone other than Grant Shapps’ mess to clean up. What I didn’t anticipate then was that just a month later Kemi Badenoch would become the fourth business secretary in six months given the [...]
Mortgage searches skyrocket following Sunak’s stamp duty holiday announcement July 25, 2020 Mortgage searches have jumped 29 per cent over the last two weeks, after chancellor Rishi Sunak’s announcement of a reduction in stamp duty sparked potential homebuyers into action. The chancellor earlier this month unveiled an immediate stamp duty holiday for homes sold for up to £500,000 in England and Northern Ireland until 31 March next [...]
Nor way! British gas prices soar as maintenance issues curb Norwegian flows April 20, 2022 Gas prices have spiked across European benchmarks with maintenance curbing Norwegian gas flows to the UK, exacerbating supply fears.
Germany brings in more emergency measures to control gas supplies amid supply shortage fears May 13, 2022 Germany has brought in new measures to control the country's energy supply amid continued volatility in global gas markets.
Oil prices recover as EU pushes for Russian oil ban May 11, 2022 Oil prices rebounded as the European Union (EU) closes in on a Russian oil embargo, raising concerns of supply shortages across the continent.
Oil prices slump as continued Chinese lockdowns hit demand expectations May 9, 2022 Oil prices tumbled heavily this morning, with waning demand in Asia and weak data in China prompting fears of supply shortage.
Energy rationing is ‘not the route we want to go down’ says Transport Secretary Grant Shapps April 3, 2022 Grant Shapps has ruled out energy rationing in the UK, despite increased pressure on global supplies following Russia's invasion of Ukraine.
House prices continue climb but signs of slowing begin to show September 7, 2021 House prices increased to another record high in August but the pace at which they are climbing is slowing. Monthly growth sat at 0.7 per cent in the month just gone, leaving prices up 7.1 per cent year on year, according to the Halifax House Price Index. The latter figure is down from 7.6 per [...]