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Energy & Natural Resources
CBI Warns Thousands Of UK Firms Will Collapse Due To Energy Crisis
The Confederation of British Industry (CBI) has warned that spiralling energy costs could easily push thousands of UK businesses to the brink of collapse if further government support is not granted.
EDF Warns Britain Faces “Catastrophic” Winter Amid Spiralling Energy Costs
A top boss at energy giant EDF has warned that Britain will face a “dramatic and catastrophic” energy crisis this winter, with half of households being plunged into fuel poverty amid spiralling energy costs.
Soaring Profits Show That Now Is Time For North Sea Investment
Prices are rising, and so are profits. The impending energy crisis is dominating headlines across the UK, with bills predicted to rise to more than £4,000 for households.
Eurozone Inflation Hits New Record High
Eurozone inflation hit a new record high of 8.9% year-on-year in July, according to the EU’s statistics office.
Financial Expert Warns UK Government Must Do More To Support Households Amid Spiralling Energy Costs
MoneySavingExpert.com founder Martin Lewis has urged UK ministers to at least double the amount of support available to help protect the country’s poorest households from the spiralling cost of energy bills.