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Newslinks for Monday 20th September 2021

Posted On: 25 Oct 2021   |   Posted By: Conservative Home

Newslinks for Monday 20th September 2021

Energy price rises: taxpayers face bill for propping up suppliers
“Taxpayers face a multibillion-pound bill to help energy companies cope with the fallout from rising gas prices under plans being considered by ministers. The government is in talks with the industry over how to deal with the predicted collapse of dozens of small suppliers as wholesale gas and electricity prices soar. Consumers could end up subsidising the supply of energy to millions whose providers are likely to go bust in coming months. Two senior industry sources predicted that the bill could run to several billion pounds if, as feared, dozens of suppliers collapse. Ministers insisted yesterday there was no prospect of winter energy shortages because Britain had a diverse gas supply.” - The Times
Supermarkets race to secure CO2 as official talks stall - The Times
Energy prices will push up inflation across Europe, economists warn - FT
Most UK small energy suppliers could be left to collapse this winter - The Guardian
UK energy groups ask...

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