Britain has just two days’ worth of natural gas in storage, sparking fears of a shortage crisis as the Middle East conflict endangers supplies. The UK’s gas reserves have dwindled from 18,000 GWh last year to 6,700 GWh, enough for just 1.5 days of demand, according to new data published by National Gas. There isContinue reading “As The Iran War Intensifies, Britain Has Just Two Days Of Gas Stored Up – Sparking Fears Of A Supply Crisis”
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The Pound Plummets
Bond markets were sent into frenzy and the pound fell after the Chancellor’s tears in the Commons – drawing comparisons with the disorderly reaction to Liz Truss’s catastrophic mini-budget. UK ten-year borrowing costs surged close to 4.7 per cent as Sir Keir Starmer declined to offer Rachel Reeves his support as she sat beside him at the Prime Minister’s questions.Continue reading “The Pound Plummets”