Boris Johnson draws back from deploying soldiers as minister blames motorists for shortages September 27, 2021 Boris Johnson this afternoon drew back from plans to deploy troops to ensure fuel supplies reach forecourts, as ministers have issued a fresh appeal to motorists to stop “panic buying.” Ministers are hoping the pressure will ease as motorists move back to their routine buying patterns, following the surge in demand last week which led [...]
Watch as 90 per cent of gas stations across England run dry due to panic buying September 27, 2021 90 per cent of British fuel stations ran dry across major English cities today after panic buying deepened a supply chain crisis, according to Reuters. Watch the full report.
Watch as London drivers feel the pinch with gas stations running dry September 27, 2021 Lengthy queues of vehicles snaked their way to gas stations in London this weekend where an acute shortage of truck drivers has led to fuel rationing and some pumps running dry, and prompted the government to consider issuing temporary work visas. Watch the full report.
Octopus scoops up Avro Energy clients as it looks to make move on Bulb September 26, 2021 Octopus Energy will take on the more-than half a million Avro Energy customers left without a provider after the challenger collapsed into administration, Ofgem has confirmed. Avro Energy, which serves 580,000 domestic gas and electricity customers (around two per cent of the entire market), collapsed earlier this month and the company has since been under [...]
Ex-Tesco boss Dave Lewis behind £16bn link to import clean energy from Morocco September 26, 2021 A £16bn project to build the world’s longest power link will supply seven million UK homes with ‘near constant, low-cost clean energy’ according to its new chair, former Tesco boss Sir Dave Lewis. The renewable energy plan by Xlinks will take power from 10.6 gigawatts of large-scale solar and wind farms in Morocco via a [...]
‘Triple-whammy’ of inflation, energy bills and tax rises to eat into household budgets September 26, 2021 Incoming budget pressures over the next six months could squeeze the budgets of many Brits. In fact, a “triple-whammy” may leave low income families more than £1,000 worse off annually, according to a think tank. Inflation, rising energy bills and the looming health and social care tax could leave households worse off even after increases [...]
Homelessness: ‘Perfect storm’ for 5.3m renters as gas prices jump, furlough ends and Universal Credit is cut September 26, 2021 With energy prices rising, the furlough scheme due to end on Thursday and Universal Credit being cut a week later, a “perfect storm for homelessness” is looming for struggling renters. More than a quarter of renters already struggle to heat their homes in winter. A survey carried out by YouGov on behalf of housing charity [...]
Gas crisis: Octopus Energy eyes takeover bid of rival Bulb September 25, 2021 Octopus Energy is reportedly eyeing a takeover of energy challenger rival Bulb, amid the UK’s gas crisis which has drained supplier’s finances. The energy supplier is among the parties which have requested access to data from Bulb’s financial advisers as it attempts to bag fresh funding, Sky News’ Mark Kleinman first reported. The takeover would [...]
Boss of collapsed Avro Energy used firm to pump cash into family accounts September 24, 2021 The boss of Avro Energy reportedly used the recently collapsed energy firm to pump more than £3m into his family’s other businesses and accounts. The firm’s collapse has led to around 580,000 families fearing higher bills this winter and is the biggest failure of a household supplier so far amid the UK’s gas crisis. Jake [...]
Government denies there is shortage of fuel amid BP and Esso closing gas stations September 24, 2021 The government is urging Brits “buy fuel as normal”, after the ongoing lorry driver shortage issue reached gas stations yesterday. BP said a number of its filling stations are closed due to a lack of fuel available, while Esso owner ExxonMobil also said a “small number” of its Tesco Alliance petrol forecourts have been impacted. [...]