Consumers in the UK are going to have to come to terms with a lengthy period of rising energy bills Russia’s invasion of Ukraine has brought with it crippling increases in the price of gas.On Friday, the price per therm spiked 25% to hit a record high on energy markets before slipping backwards. A fresh peak above 500p per therm – nine times the price seen just over a year ago – is expected over the next few days as traders panic about the course of the war. Continue reading…
Consumers in the UK are going to have to come to terms with a lengthy period of rising energy bills
Russia’s invasion of Ukraine has brought with it crippling increases in the price of gas.
On Friday, the price per therm spiked 25% to hit a record high on energy markets before slipping backwards. A fresh peak above 500p per therm – nine times the price seen just over a year ago – is expected over the next few days as traders panic about the course of the war.