Economy

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Economy

Why are gas prices still high despite oil getting cheaper – and what will happen next? Energy expert Q&A

While Putin reduces Russian gas supplies, Europe has become more dependent on shipments of LNG. Bill Chizek Photography/Alamy While thermometers have been well into the red across the northern hemisphere, people are panicking about the cost of energy bills once winter starts to bite. According to the latest forecasts in the UK, the minimum price […]
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Economy

Energy crisis: why French households are largely protected from soaring costs while British families struggle

Improvements to the GB power market could help tackle the coming energy crisis. Bohbeh / Shutterstock British households are bracing for a winter of massive energy price increases. The average annual bill is forecast to rise above £4,000, which is more than three times what Britons were paying just 12 months ago. French households, meanwhile, […]
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Economy

Gordon Brown economics versus Liz Truss tax cuts: a new twist in the battle to resolve the UK’s cost of living crisis

The ongoing Conservative Party leadership hustings haven’t seen much agreement between candidates, but they have resulted in the creation of a new political narrative: “Gordon Brown economics”. Foreign secretary Liz Truss explained away her rejection of cost of living “handouts” for households with the phrase. But even as she indicated a possible u-turn on the […]
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Economy

How your brain will help you save during the cost of living crisis

Supermarket sweep. Shutterstock/Song_about_summer The cost-of-living crisis continues. The UK rate of inflation is up yet again, and expected to rise further. And as energy, transport, fuel and groceries all get more expensive, there are fears that over 4 million British households are experiencing financial difficulties. A recent survey suggests, perhaps unsurprisingly, that low prices will […]
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