No Immediate Threat to UK Gas Supplies, Says Minister After ‘Two Days Left’ Reports
A senior UK minister said there is no immediate threat to the country’s gas supplies, refuting a report that the nation had only two days of gas left. Oil prices have surged past $100 a barrel following US‑Israeli strikes in Iran and regional retaliation, prompting concerns about energy costs. Prime Minister Keir Starmer reassured the public, emphasizing cost‑of‑living support and recent policies that cushion such shocks. The government highlighted its shift toward renewables as a way to lessen dependence on volatile fossil‑fuel imports.
UK Energy Bills to Fall by £117 a Year, Offering some Relief to Household Budgets – Business Live
Ofgem announced a 7% cut to the UK energy price cap, lowering the typical annual household bill to £1,641 from April. The reduction translates to about £10 a month, or £117 per year, representing more than £200 savings compared with...