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Price Cap predictions soar with EU sanctions on Russia

Price Cap predictions soar with EU sanctions on Russia: Cornwall Insight’s forecast for the October (Q4 2022) Default Tariff Cap has gone up to £2,879 for an average consumer, as Russian oil sanctions cause renewed uncertainty throughout the energy market. The predictions for the January (Q1 2023) Cap are even more pricey rising to more…
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ENGIE encounters protests to stop Gazprom gas contracts

ENGIE encounters protests to stop Gazprom gas contracts: Outside of ENGIE headquarters in Paris, France, protesters joined to demand the firm cuts off gas contracts with Gazprom in Russia. It has been announced that nearly 100 protesters gathered on Friday outside the energy company’s offices, where they held placards reading “Engie! Stop Bloody Energy”. The…
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Energy Security Strategy criticised by E.ON boss

Energy Security Strategy criticised by E.ON boss: The boss of E.ON UK has slammed the government’s Energy Security Strategy due to its failure to present more help to customers throughout the increasing cost of living. “We needed an Energy Security Strategy to set a course for a zero-carbon future & to help protect customers from…
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1.7M+ UK homes could be using Russian gas

1.7M+ UK homes could be using Russian gas: Over 1.7 million homes in the UK could be using gas from Russia. Three weeks ago a question was posed by Wycome’s Conservative MP Steve Baker to parliament about the amount of gas imported from Russia being used by the average household in the UK every year,…
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North Sea oil & gas production to be boosted

North Sea oil & gas production to be boosted: The government has indicated a rise in oil & gas productivity within the North Sea to overcome inflation & soaring energy costs. An interview featured on BBC’s Newsnight, the Chief Secretary to the Treasury Simon Clarke stated: “The government is going to set out the energy…
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Chancellor advise additional firms to cut ties with Russia

Chancellor advise additional firms to cut ties with Russia: He has urged more companies as well as asset managers to reflect “very carefully” before investing in Russia while war erupts in Ukraine. “Since the start of the Russian invasion, we have seen widespread from firms & investors to end their involvement with Russian assets or,…
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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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NHS must stop using Gazprom gas says Health Secretary

NHS must stop using Gazprom gas says Health Secretary: The government has said hospitals all over the UK need to figure out ways to end their gas supply contracts with Kremlin-conducted Gazprom. “Given this invasion, it is right that everyone, not just the public sector reviews where they are buying Russian oil & gas. “We…
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