Oil prices to reach $380 a barrel if Russia cuts more off

Oil prices to reach $380 a barrel if Russia cuts more off: Experts have cautioned that oil prices could soar to ‘stratospheric’ levels because of sanctions imposed by Western countries. If Russia responds to sanctions with reductions in crude oil output, the authors of a current report by JP Morgan Chase forecast that worldwide oil…
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Cornwall Insight Reacts to the Queen’s Speech

Cornwall Insight Reacts to the Queen’s Speech Gareth Miller, CEO at Cornwall Insight: “The Energy Bill proposed in the Queen’s Speech today is a logical conclusion of policy development in the period since the net-zero commitment was made in the summer of 2019. It accommodates support for the government’s preferred production technologies alongside more recent…
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Household energy bills forecast to rise to £2,800 yearly

Household energy bills forecast to rise to £2,800 yearly: Households might be pushed even further in October as energy bills could increase to £2,800 per year. Thats according to the newest report by the Bank of England which forecast that if continued, high electricity and gas prices would signify that the price cap could be…
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Energy bills inflame financial insecurity as biggest concern

Energy bills inflame financial insecurity as biggest concern: British adults are rating financial insecurity as their largest concern currently. A survey carried out by the University College London demonstrates 38% of people are mostly worried about their finances than becoming ill from Covid-19. The survey of over 28,000 people further implies last month, less people,…
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CEBR Predict 8p Fall at the Pumps

CEBR Predict 8p Fall at the Pumps: EMBARGOED TO 00.05 AM MONDAY, 4 APRIL 2022 – Will the Unchecked Fuel Supply Chain Pass on CEBR’s Prediction of an 8p Fall in Filling Up at the Pumps? The widely respected Economists at the CEBR, are predicting petrol prices could fall pretty quickly in the coming months,…
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Environmental sector “a jobs creation machine”

Environmental sector “a jobs creation machine” Output in the UK environmental goods and services sector (EGSS) was estimated to be £89.0 billion in 2019, up 4.4% from 2018. Gross value added (GVA) in the UK EGSS was estimated to be £45.2 billion in 2019, up 5.4% from 2018. Employment in the UK EGSS was estimated…
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CEBR Predict 8p Fall at the Pumps

Pump Prices set to cripple the economy & cost of living

Pump Prices set to cripple the economy & cost of living: Record Pump Prices are Hurting 37m Drivers and the Economy. We are reliably informed petrol and diesel prices are to rocket even further by 10p to 20p per litre this coming week. The extra VAT generated in the last year and the coming months…
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Energy costs extremely volatile as Russia invades Ukraine

Energy costs extremely volatile as Russia invades Ukraine: Cornwall Insight‘s modelling for the Default Tariff Cap shows extreme volatility in the market, with Winter cap predictions jumping by over £200 from Wednesday (23 Feb) to Thursday (24 Feb) – only to fall again on Friday (25 Feb), before rebounding on Monday (28 Feb). Despite the…
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Why does UK pay 76% more for diesel

Why does UK pay 76% more for diesel: A cut in Fuel Duty will not influence the environmental fate of the planet in anyway, it will however, generate a safer and securer economic resurgence. With the price of oil rocketing towards $100 per barrel. Pump Prices at record punitive levels, FairFuelUK calls on the Government…
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