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UK Grid Operator Offers Households Money To Stop Using Appliances Amid Energy Crisis
UK Grid Operator Offers Households Money To Stop Using Appliances Amid Energy Crisis The National Grid warned Britons of winter power blackouts earlier this month if it can’t import enough natural gas and electricity from other parts of Europe. According to Daily Mail, the grid operator developed a new scheme to prevent the worst-case scenario of power […]
Cash For Fracking: UK Households May Receive Payouts For Allowing Fracking
Cash For Fracking: UK Households May Receive Payouts For Allowing Fracking The UK lifted its long-running ban on fracking last month. UK households could soon receive cash payouts for allowing fracking in their neighborhoods. Drilling companies could soon go door to door in Britain, offering money in exchange for fracking support. UK households could soon […]
Is the United Kingdom on the Road to Economic Collapse?
Is the United Kingdom on the Road to Economic Collapse? There’s trouble across the pond and it’s only going to get worse as winter quickly approaches. While it’s most fashionable to talk about the dire economic situation currently taking place in the US, the situation in Europe is so much worse. There are talks of […]
Revolution In Air As Brits Burn Power Bills Amid Historic Energy Crisis
Revolution In Air As Brits Burn Power Bills Amid Historic Energy Crisis Energy prices for millions of households across the UK rose on Saturday. Soaring power bills amid the worst cost-of-living crisis in a generation led to a continuation of growing discontent ahead of the dark winter. Thousands of Brits marched in London and other […]
Futures Crash, Stocks At 2022 Lows; Yields, Dollar Explode As UK Stimulus Plan Sparks Global Market Panic
Futures Crash, Stocks At 2022 Lows; Yields, Dollar Explode As UK Stimulus Plan Sparks Global Market Panic One week after stocks suffered their biggest drop since June, futures are in freefall on Friday with the dollar soaring to the now default daily record high… … 10Y yields exploding higher, surging more than 10bps so far […]
Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills
Liz Truss warned of mass bankruptcies if firms left in limbo over energy bills Prime minister to lead nation in a minute’s silence to honour the Queen’s legacy ahead of funeral. Liz Truss is facing a political and economic baptism of fire this week with warnings of mass bankruptcies across the economy – even as […]
Nobody could have seen it coming
Nobody could have seen it coming Eighteen months ago, the UK average annual combined gas and electricity bill was £1,287. Later this week, we expect to learn that it will rise to £3,582 in October and to £4,266 in January 2023. Not, in reality, that anybody is going to pay that amount. All but those […]
UK “Passed Debt And Death Sentence On Millions” By Increasing Energy Price Cap By 80%
UK “Passed Debt And Death Sentence On Millions” By Increasing Energy Price Cap By 80% The 80% rise in the U.K.’s cap for consumer electricity and natural gas bills this fall will drive millions of households into energy poverty this winter as the worsening cost-of-living crisis stokes fears of recession. All the chatter today among British people […]
Winter is Coming for the UK
Winter is Coming for the UK The outlook for the UK looks increasingly grim. There are few reasons to hope a new government can reverse the mounting consumer fears, stagflation and the growing sense of decline. “Tell them the North remembers. Tell them Winter is Coming.” This morning. The outlook for the UK looks increasingly grim. […]
“Revolution Has Begun”: 75,000 Brits To Stop Paying Power Bills Amid Inflation Storm
“Revolution Has Begun”: 75,000 Brits To Stop Paying Power Bills Amid Inflation Storm The resistance is growing as more than 75,000 irritated people in the UK have pledged not to pay their electricity bill this fall when prices jump again. “75,000 people have pledged to strike on October 1st! If the government & energy companies […]
UK Water Restrictions Go Into Effect As Heatwave Persists
UK Water Restrictions Go Into Effect As Heatwave Persists Britain has recorded one of its hottest and driest summers on record. Rivers and reservoirs are drying up as towns in the southern part of the country imposed the first hosepipe ban on Friday. The country’s record heat in July — above 104 Fahrenheit (40 degrees Celsius) — melted […]
“Widespread Civil Unrest” Looming in UK Over Cost of Living Crisis
“Widespread Civil Unrest” Looming in UK Over Cost of Living Crisis Movement to stop paying bills snowballs. SOPA Images via Getty Images The chance of “widespread civil unrest” occurring in the UK as a result of people being unable to afford to pay their bills due to the cost of living crisis is “inevitable,” according […]
Those who the gods wish to destroy…
Those who the gods wish to destroy… The UK is already in a de facto recession – only the fiddling of the data to count GP appointments as a value-adding activity led to a paltry 0.5 percent GDP growth in May. Discretionary spending has already plummeted, and it is only a matter of time before we see […]
UK shatters record for its hottest day ever; London fire service declares ‘major incident’
UK shatters record for its hottest day ever; London fire service declares ‘major incident’ Britain recorded its hottest-ever day Tuesday, with temperatures hitting a high of 40.3 degrees Celsius (104.5 degrees Fahrenheit) in the east of England, according to provisional data from the Met Office. London’s fire brigade declared a major incident after a “huge […]
UK Met Office Issues First Red Warning for Extreme Heat
People walk past Big Ben at the Houses of Parliament in London, on July 15, 2022. (Dominic Lipinski/PA Media) UK UK Met Office Issues First Red Warning for Extreme Heat The UK’s Met Office has issued its first ever red warning for extreme heat, as it warned of a “potentially very serious situation” in parts […]
