Best Of

As I predicted, mandatory WFH here we come.

If we're really lucky we might even get a de facto lockdown

Huge energy price rises pile pressure on British companies

Warning of businesses going under as cost of gas set to rise by as much as 80 per cent, while electricity bills to increase by up to 30 per cent

Businesses across the UK are facing “eye-watering” rises in their energy bills because of the conflict in the Middle East, analysis for The Times suggests.

Unlike households, companies are not insulated from volatility in gas and electricity prices, which have almost doubled since the Iran war began.

The problem is particularly acute for the thousands of companies that fix their annual price tariff at the start of the financial year in April and will face an immediate sharp rise in their bills.

Analysis by the energy consultancy Cornwall Insight found that as a result of the conflict, business users’ electricity bills would rise by up to 30 per cent, while the cost of gas could go up by as much as 80 per cent. This would mean that a business such as a larger retail and leisure site, on an average 12-month electricity contract, would have an annual bill of £578,000 — £95,000 more than early last month.

For gas, bills have risen by £376,000, reaching just over £1.02 million a year, an increase of nearly 60 per cent, based on the latest wholesale prices.

On Tuesday Wael Sawan, the chief executive of Shell, warned that Europe risked fuel shortages as soon as next month. At an industry conference in Houston, Texas, he said the global oil and gas supply squeeze had already forced parts of Asia to cut energy consumption and that the “ripple effect” threatened to spread west within days.

https://www.thetimes.com/uk/politics/article/huge-energy-price-rises-pile-pressure-on-british-companies-6w9m0j0xk

Forget the price and the bills that take up most of that story and focus on the end: shortages. If there is no petrol, the price doesn't matter.

The really bad news, as we saw after SMO inflation, is an upsurge in calls by misguided but influential pundits for tightening the money supply and higher interest rates to curb inflation. Idiots!

EV drivers might be even more smug during shortages, imagine how unbearable Mercedes and Audi EV drivers will be.

As I predicted, mandatory WFH here we come.

If we're really lucky we might even get a de facto lockdown

Huge energy price rises pile pressure on British companies

Warning of businesses going under as cost of gas set to rise by as much as 80 per cent, while electricity bills to increase by up to 30 per cent

Businesses across the UK are facing “eye-watering” rises in their energy bills because of the conflict in the Middle East, analysis for The Times suggests.

Unlike households, companies are not insulated from volatility in gas and electricity prices, which have almost doubled since the Iran war began.

The problem is particularly acute for the thousands of companies that fix their annual price tariff at the start of the financial year in April and will face an immediate sharp rise in their bills.

Analysis by the energy consultancy Cornwall Insight found that as a result of the conflict, business users’ electricity bills would rise by up to 30 per cent, while the cost of gas could go up by as much as 80 per cent. This would mean that a business such as a larger retail and leisure site, on an average 12-month electricity contract, would have an annual bill of £578,000 — £95,000 more than early last month.

For gas, bills have risen by £376,000, reaching just over £1.02 million a year, an increase of nearly 60 per cent, based on the latest wholesale prices.

On Tuesday Wael Sawan, the chief executive of Shell, warned that Europe risked fuel shortages as soon as next month. At an industry conference in Houston, Texas, he said the global oil and gas supply squeeze had already forced parts of Asia to cut energy consumption and that the “ripple effect” threatened to spread west within days.

https://www.thetimes.com/uk/politics/article/huge-energy-price-rises-pile-pressure-on-british-companies-6w9m0j0xk

Forget the price and the bills that take up most of that story and focus on the end: shortages. If there is no petrol, the price doesn't matter.

The really bad news, as we saw after SMO inflation, is an upsurge in calls by misguided but influential pundits for tightening the money supply and higher interest rates to curb inflation. Idiots!

One of the great logical fallacies of our times: that imported commodity inflation is somehow the fault of over-exuberant businesses and consumers and can best be held in check by choking off money supply.

As you said, exactly the same problem in 2022: people who should know better failing to distinguish between home grown demand driven inflation and external supply shocks.

As I predicted, mandatory WFH here we come.

If we're really lucky we might even get a de facto lockdown

Huge energy price rises pile pressure on British companies

Warning of businesses going under as cost of gas set to rise by as much as 80 per cent, while electricity bills to increase by up to 30 per cent

Businesses across the UK are facing “eye-watering” rises in their energy bills because of the conflict in the Middle East, analysis for The Times suggests.

Unlike households, companies are not insulated from volatility in gas and electricity prices, which have almost doubled since the Iran war began.

The problem is particularly acute for the thousands of companies that fix their annual price tariff at the start of the financial year in April and will face an immediate sharp rise in their bills.

Analysis by the energy consultancy Cornwall Insight found that as a result of the conflict, business users’ electricity bills would rise by up to 30 per cent, while the cost of gas could go up by as much as 80 per cent. This would mean that a business such as a larger retail and leisure site, on an average 12-month electricity contract, would have an annual bill of £578,000 — £95,000 more than early last month.

For gas, bills have risen by £376,000, reaching just over £1.02 million a year, an increase of nearly 60 per cent, based on the latest wholesale prices.

On Tuesday Wael Sawan, the chief executive of Shell, warned that Europe risked fuel shortages as soon as next month. At an industry conference in Houston, Texas, he said the global oil and gas supply squeeze had already forced parts of Asia to cut energy consumption and that the “ripple effect” threatened to spread west within days.

https://www.thetimes.com/uk/politics/article/huge-energy-price-rises-pile-pressure-on-british-companies-6w9m0j0xk

Forget the price and the bills that take up most of that story and focus on the end: shortages. If there is no petrol, the price doesn't matter.

The really bad news, as we saw after SMO inflation, is an upsurge in calls by misguided but influential pundits for tightening the money supply and higher interest rates to curb inflation. Idiots!

Thank you Trump and Bibi and fuck you too.

As I predicted, mandatory WFH here we come.

If we're really lucky we might even get a de facto lockdown

Huge energy price rises pile pressure on British companies

Warning of businesses going under as cost of gas set to rise by as much as 80 per cent, while electricity bills to increase by up to 30 per cent

Businesses across the UK are facing “eye-watering” rises in their energy bills because of the conflict in the Middle East, analysis for The Times suggests.

Unlike households, companies are not insulated from volatility in gas and electricity prices, which have almost doubled since the Iran war began.

The problem is particularly acute for the thousands of companies that fix their annual price tariff at the start of the financial year in April and will face an immediate sharp rise in their bills.

Analysis by the energy consultancy Cornwall Insight found that as a result of the conflict, business users’ electricity bills would rise by up to 30 per cent, while the cost of gas could go up by as much as 80 per cent. This would mean that a business such as a larger retail and leisure site, on an average 12-month electricity contract, would have an annual bill of £578,000 — £95,000 more than early last month.

For gas, bills have risen by £376,000, reaching just over £1.02 million a year, an increase of nearly 60 per cent, based on the latest wholesale prices.

On Tuesday Wael Sawan, the chief executive of Shell, warned that Europe risked fuel shortages as soon as next month. At an industry conference in Houston, Texas, he said the global oil and gas supply squeeze had already forced parts of Asia to cut energy consumption and that the “ripple effect” threatened to spread west within days.

https://www.thetimes.com/uk/politics/article/huge-energy-price-rises-pile-pressure-on-british-companies-6w9m0j0xk

People losing their jobs due to this need to remember Reform support Trump.

Indeed, General Gung Ho Badenoch's comments at the start of the war will haunt her too.

As I predicted, mandatory WFH here we come.

If we're really lucky we might even get a de facto lockdown

Huge energy price rises pile pressure on British companies

Warning of businesses going under as cost of gas set to rise by as much as 80 per cent, while electricity bills to increase by up to 30 per cent

Businesses across the UK are facing “eye-watering” rises in their energy bills because of the conflict in the Middle East, analysis for The Times suggests.

Unlike households, companies are not insulated from volatility in gas and electricity prices, which have almost doubled since the Iran war began.

The problem is particularly acute for the thousands of companies that fix their annual price tariff at the start of the financial year in April and will face an immediate sharp rise in their bills.

Analysis by the energy consultancy Cornwall Insight found that as a result of the conflict, business users’ electricity bills would rise by up to 30 per cent, while the cost of gas could go up by as much as 80 per cent. This would mean that a business such as a larger retail and leisure site, on an average 12-month electricity contract, would have an annual bill of £578,000 — £95,000 more than early last month.

For gas, bills have risen by £376,000, reaching just over £1.02 million a year, an increase of nearly 60 per cent, based on the latest wholesale prices.

On Tuesday Wael Sawan, the chief executive of Shell, warned that Europe risked fuel shortages as soon as next month. At an industry conference in Houston, Texas, he said the global oil and gas supply squeeze had already forced parts of Asia to cut energy consumption and that the “ripple effect” threatened to spread west within days.

https://www.thetimes.com/uk/politics/article/huge-energy-price-rises-pile-pressure-on-british-companies-6w9m0j0xk

Forget the price and the bills that take up most of that story and focus on the end: shortages. If there is no petrol, the price doesn't matter.

The really bad news, as we saw after SMO inflation, is an upsurge in calls by misguided but influential pundits for tightening the money supply and higher interest rates to curb inflation. Idiots!

As I predicted, mandatory WFH here we come.

If we're really lucky we might even get a de facto lockdown

Huge energy price rises pile pressure on British companies

Warning of businesses going under as cost of gas set to rise by as much as 80 per cent, while electricity bills to increase by up to 30 per cent

Businesses across the UK are facing “eye-watering” rises in their energy bills because of the conflict in the Middle East, analysis for The Times suggests.

Unlike households, companies are not insulated from volatility in gas and electricity prices, which have almost doubled since the Iran war began.

The problem is particularly acute for the thousands of companies that fix their annual price tariff at the start of the financial year in April and will face an immediate sharp rise in their bills.

Analysis by the energy consultancy Cornwall Insight found that as a result of the conflict, business users’ electricity bills would rise by up to 30 per cent, while the cost of gas could go up by as much as 80 per cent. This would mean that a business such as a larger retail and leisure site, on an average 12-month electricity contract, would have an annual bill of £578,000 — £95,000 more than early last month.

For gas, bills have risen by £376,000, reaching just over £1.02 million a year, an increase of nearly 60 per cent, based on the latest wholesale prices.

On Tuesday Wael Sawan, the chief executive of Shell, warned that Europe risked fuel shortages as soon as next month. At an industry conference in Houston, Texas, he said the global oil and gas supply squeeze had already forced parts of Asia to cut energy consumption and that the “ripple effect” threatened to spread west within days.

https://www.thetimes.com/uk/politics/article/huge-energy-price-rises-pile-pressure-on-british-companies-6w9m0j0xk

People losing their jobs due to this need to remember Reform support Trump.