Price inflation for natural gas and electricity in the United Kingdom is forecast to soar to an average of around 80% this year. The worst is yet to come. Average annual energy bills could exceed £4,000 ($4,820) from January, and £5,000 ($6,000) later in the spring, up from about £2,000 ($2,400) currently. As wholesale costs ballooned last year, 31 smaller UK energy companies that traditionally offered competitive price went bust, forcing millions of customers onto the books of bigger suppliers, and to pay higher bills. Prices have soared due to the war in Ukraine, sanctions on Russia and the aftermath of the pandemic. Britain relies heavily on natural gas while 30 energy retailers have gone out of business. Meanwhile, UK gas producers and electricity generators are forecast to make up to £170 billion ($198 billion) in excess profits over the next two years, according to estimates from the Treasury.
Millions of people in the United Kingdom are steeling themselves for colossal rises to their energy bills over the next few months, a coda to a year already marked by record price increases.
The crisis is not unique to the country. Prices have shot up across Europe since last fall, driven by a spike in demand as countries lifted pandemic lockdowns. Russia’s invasion of Ukraine in late February, and the subsequent drop in Moscow’s oil and natural gas exports to Europe, have pushed prices even higher.
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But UK energy prices are now higher than in comparable economies like France and Italy, analysts told CNN Business. And Brits have suffered much bigger price increases than in most European countries, including Germany, where decades of energy policy has been turned on its head by the Ukraine war.
The Office for National Statistics said this week that UK natural gas prices rose nearly 96% in the year to July,while electricity prices are up 54%.
Annual consumer price inflation for gas and electricity in the United Kingdom is forecast to soar to an average of around 80% this year, compared to an average of 40% across the 19 countries that use the euro, analysis from Deutsche Bank shows.
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The worst is yet to come. Average annual energy bills could exceed £4,000 ($4,820) from January, and £5,000 ($6,000) later in the spring, up from about £2,000 ($2,400) currently. Millions could be forced into poverty as a consequence. Leaders of the UK National Health Service warned Friday of a “humanitarian crisis.” Many people could fall sick this winter as they “face the awful choice between skipping meals to heat their homes and having to live in in cold, damp and very unpleasant conditions,” they said.
This article includes a long list of executive actions against open borders, inflation that has surged by 21%, bad climate policies, censorship, energy and drilling restrictions, electric vehicles, DEI, race and gender policies, and much more. Many of the actions undo leftist initiatives and affect all Americans.
Dr. Anthony Fauci, former director of the National Institute of Allergy and Infectious Diseases (NIAID) for nearly 40 years, was granted a pardon by Biden dating back to January 1, 2014, shielding him from allegations tied to US-funded gain-of-function research in addition to his work during the COVID-19 pandemic.
Trump wrote on social media, “I just called the mother of Ross William Ulbright [sic] to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my pleasure to have just signed a full and unconditional pardon of her son, Ross.”
Assault and robbery have been decriminalized and are misdemeanors. Progressive, soft-on-crime laws that prevent prosecution of criminals are a major source of the problem. The city council and state legislators need to change the laws, but that will take a long time.
During a traffic stop on Interstate 91, near the Canadian border, suspects reportedly opened fire on USBP Agent David Maland and a gun battle ensued. Agent Maland, and one of the suspects, a German man who had overstayed is H-1B visa and was in the US illegally, were killed.
The token started trading at an opening price of $0.1824, but within 12 hours had jumped over 15,000%, trading at roughly $30. Its market cap stood at ~$30 billion at the time. The token has since risen as high as $72.
Bridgen estimated that hundreds and hundreds of children have been flown into the UK, raped, murdered, and then harvested for their organs. He disclosed that “child trafficking is the glue that holds the self-proclaimed elites together.” Pedophilia or profiting from child trafficking is the ultimate blackmail.
revealed evidence that indicates Suchir’s death was murder that included blood all over his apartment, a clip-on wig was found at the scene and the angle of the gunshot wound. California authorities claim it was suicide. Tucker Carlson wrote that the crime scene photos clearly show that Balaji was murdered.
Many colleges no longer teach critical thinking. They teach censorship. And victimhood. These ideas make students depressed and anxious. The schools engage in brainwashing that is extremely negative.
Three major food dyes are included in over 36,000 US food products and have been linked to serious negative health effects. These dyes are only a small sample of of harmful products found in American food, drinks and pharmaceuticals ingested by millions each day.
G. Edward Griffin responded by saying: “I enthusiastically support this bill because it could bring to light so many unconstitutional activities that we instinctively know are commonplace at the Fed but cannot prove.” He strongly urged the elimination of the Federal Reserve after investigation.
The Jewish Daily Forward reported that the government authorities leading the charge against TikTok, like Marco Rubio, Mike Gallagher and Mitt Romney, have stated that anti-Israel videos are a reason to ban TikTok.
Jamie Mannina, advisor to the Pentagon, was recorded saying that he is working with generals to “Stop Trump,” even though voters duly elected Trump. Jamie was fired. Video from Predator DC allegedly shows “Jamie” arriving to a home where he believed a 15 year-old girl was going to engage in sex acts with him in 2021.
Immigration and Customs Enforcement reported that almost 450,000 illegal-alien criminals and 227,000 illegal-alien criminal suspects are roaming American streets. More than 13,000 are murderers, and more than 25,000 committed sex crimes.
Newsom said, “I was just talking to Josh Green, the governor of down in Hawaii, who had some ideas around some land use concerns he has around speculators coming in, buying up properties and the like. So we’re already working with our legal teams to move those things forward.”
PM Netanyahu on Thursday halted a scheduled cabinet vote to enact a ceasefire with Hamas and carried out a series of airstrikes in Gaza that killed at least 70 people. The strike came hours after a ceasefire deal was announced by all involved parties.
Although water is supposed to be a public resource, the Kern Water Bank became controlled by the Resnicks following a secret meeting with state water officials, water contractors, and agricultural landowners. These groups rewrote California’s water laws without any input from voters, taxpayers or legislators.
Democrat Senator Bernie Sanders condemned Israel’s war on Gaza and acknowledged that “The American people do not believe that we should be supporting a government that is starving children right now as we speak.”
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Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (More)
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Germany shut down its last remaining nuclear plants while facing an energy shortfall due to the loss of natural gas supplies from Russia. Conflicting green policies allow for a global political power grab on an unprecedented scale.
A lawsuit was filed after Biden signed an executive order on his first day in office terminating the Keystone XL Pipeline’s construction permit that was signed into law by President Trump. Presidents do not have the power to regulate foreign and interstate commerce or to undo an act of Congress.
Off the coast of Gaza sits $453 billion in liquefied natural gas and 1.5 billion barrels of oil. Israel’s interest in driving the Palestinians out of the Gaza Strip may have more to do with money than religion or terrorism.
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terry shead
2 years ago
Remember the poll tax, if they try this crap on we will be on the march, it’s about carbon credits, a bill brought in 2008 never let a crisis go, can’t wait to march.
blackbearrepublic
2 years ago
I would like to know when the gas export will be starting from Israel.
Offline is a documentary on the inevitability of the Earth being slammed by a mega solar flare – not the common type that interrupts communications and creates a light show in the Northern skies – but the big brothers thousands of times more powerful. These monsters deliver enough energy to blow apart the master transformers that supply the planet’s energy grids. When that happens, the lights go out for longer than anyone wants to think about. These X-Class solar storms hit the Earth every 150 years, on average. The last one arrived 156 years ago. We are overdue (
Remember the poll tax, if they try this crap on we will be on the march, it’s about carbon credits, a bill brought in 2008 never let a crisis go, can’t wait to march.
I would like to know when the gas export will be starting from Israel.
In ‘Historic’ First, Israel to Export Natural Gas to Europe
https://www.algemeiner.com/2022/06/15/in-historic-first-israel-to-export-natural-gas-to-europe/