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Sky News
Energy crisis: How long will it last and what happens if your supplier goes bust?
Households are facing much higher winter energy bills due to a global surge in wholesale power and gas prices.The costs are also putting pressure on the suppliers – particularly smaller companies – who are unable to pass on the increases to their customers. Four firms have already folded and there are fears that more could …
Business
Sky News
Energy industry to hold crisis talks with government as supplier Bulb seeks bailout amid gas price hike
Business Secretary Kwasi Kwarteng will hold crisis talks with the energy industry and its regulator Ofgem later today, amid fears for struggling suppliers and spiralling fuel bills.It comes as UK energy company Bulb is seeking a bailout to stay afloat amid surging wholesale gas prices, with Boris Johnson insisting the issues facing the industry are …
Business
Sky News
Yo! Sushi takes fresh step to show appetite for stock market float
The owner of the sushi restaurant chain Yo! will this week take a further step towards a stock market flotation that could value it at more than £750m.Sky News understands that The Snowfox Group will hold a presentation for City analysts as it prepares to announce a formal intention to float in London as soon …
Business
Euro News
Tech this week: El Salvador court to investigate complaints over Bitcoin ATMs and purchases
Business
Euro News
Bitcoin ban: These are the countries where crypto is restricted or illegal
Business
Sky News
CO2 shortage may ‘cancel Christmas’, major poultry supplier warns
A shortage of carbon dioxide (CO2) gas means Christmas dinners could be cancelled, the owner of the UK’s biggest poultry supplier has said.A steep rise in gas prices has caused two large fertiliser plants in Teesside and Cheshire which produce CO2 as a by-product to shut, hitting supply to the food industry. Ranjit Singh Boparan, …
Business
Business Live
Meet Melissa Thorpe, the woman leading the South West space race at Spaceport Cornwall
The P3 hangar just off the runway at Cornwall Newquay Airport has been home all summer long to Spaceport Cornwall’s Story of a Satellite Exhibition. Now closed to the public, it will welcome as many schools as possible until the end of September before the exhibition is dismantled and given a new home at the …
Business
Sky News
Gas supply this winter ‘not a cause for immediate concern’, says business secretary
Gas supply this winter is “not a cause for immediate concern”, the UK’s business secretary has reassured, following reports that a spike in prices could threaten food production and other industries.Kwasi Kwarteng posted a series of tweets after holding meetings with senior executives from the energy industry to discuss the impact of high global gas …
Business
Euro News
US probes possible insider trading and market manipulation at crypto exchange Binance
Business
Sky News
Friendship between France and UK, US and Australia ‘tarnished’ by AUKUS pact
The bonds of friendship between France and the UK, US and Australia have been “tarnished” by the AUKUS pact, and it is now “more difficult than before” for France to trust those countries, the president of the French National Assembly has told Sky News.Richard Ferrand is attending the G7 Speakers’ Conference in Chorley, Lancashire, hosted by …
Business
Sky News
Northern Ireland to scrap traffic light travel system as holiday bookings soar
Northern Ireland has indicated it will follow many of England’s incoming COVID-19 rules on international travel, as holiday firms experience a surge in bookings.The country’s traffic light system for international travel will change from 4 October with a single “red list” of destinations and a “simplified process” for travellers for the rest of the world. …
Business
Sky News
UK’s energy firms hold talks with government amid fears gas price spike could lead to food and fuel shortages
The government is meeting with representatives from Britain’s energy firms amid fears a spike in gas prices could lead to food and fuel shortages.Sky News understands Business Secretary Kwasi Kwarteng will spend today talking to senior executives from Ofgem, Centrica, National Grid, Energy UK, Octopus, Ovo, SSE, EDF, Scottish Power, Shell Energy, E.ON, Bulb and …

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