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Sky News
Russian gas still flowing to Europe despite deadline day for rouble payments arriving
The amount of gas flowing into Europe from Russia hit its highest level in four months today, despite threats from the Kremlin to halt all supplies to “unfriendly” countries, potentially wreaking havoc.Friday marks the deadline for countries in the European Union and elsewhere to start paying for their gas in roubles.Failing to comply, President Vladimir …
Business
Business Live
Sofa Workshop collapses into administration with loss of 77 jobs
High Street retailer Sofa Workshop has gone into administration with the loss of 77 jobs. Supply chain and transport costs had contributed to trading losses and outweighed ‘significant revenues’, said appointed administrators Toby Banfield, David Baxendale and Zelf Hussain of PwC. The company had 16 stores across the UK and operated online. A notice on …
Business
Business Live
Hull Trains’ ticket boost for tourism as city prepares to welcome back visitors
Hull Trains is aiming to green up leisure trips while cutting the cost of exploring the city for regional tourists as the summer season approaches. While the direct route to London may mean the service is more regularly associated with the opportunity to take in the capital’s charms, return fares of £10 or less are …
Business
Evening Standard
Economic nerves reach City as investors get jitters
Business
Evening Standard
Camelot to make legal challenge on National Lottery loss
Business
Business Live
Government pledges extra £32million for Dawlish railway protection work
A further £32 million has been pledged to protect the coastal rail line through Dawlish and Holcombe. The cash will be used to add netting and fencing along the iconic Dawlish and Holcombe route to protect it from cliff erosion. This latest round of funding, which follows on from three earlier phases of work and …
Business
Business Live
Plymouth’s Car Charge Go to set up info event after Government scraps home EV charger grant
A Plymouth business which specialises in charging equipment for electric cars is to set up an information event in the city to explain financial options for EV owners now the Government has scrapped grants towards installing home charging stations. Car Charge Go, an online retail supplier specialising in home charging equipment and accessories for electric …
Business
Business Live
NI manufacturing companies club together to send aid to Ukraine
A 40-foot articulated lorry has departed Northern Ireland for Poland this morning (Friday) loaded with aid to support those fleeing from Ukraine. Organised by a group of Northern Ireland manufacturing companies, the aid includes 30 washing machines, 30 fridges, 80 mattresses, a pallet of medical supplies, two pallets of food, a forklift and two generators. …
Business
Sky News
UK ‘stuck’ with higher energy bills, says Octopus boss
Household energy bills prices are likely to rise even higher this autumn as the war in Ukraine deepens the gas crisis, the boss of one of the UK’s largest energy companies has told Sky News.Greg Jackson, founder and chief executive of Octopus, which has more than two million direct customers, said volatility in wholesale gas …
Business
Sky News
How would moving to renewables save us money on fuel bills?
Figures seen by Sky News show that the cost of producing energy from wind will be less than half the cost from gas this year, and could fall to a quarter in 2023.The government has announced its long-awaited energy security strategy today, and has set out plans for how the UK will produce more of …
Business
Sky News
Five million households now in ‘fuel stress’ as energy price cap rises to almost £2k
The day that 22 million households have been dreading has finally arrived.April Fool’s Day sees the energy price cap rising by a record sum to help account for surging wholesale prices – with bills yet to even reflect the impact of Russia’s war in Ukraine. It was announced in February that customers on default tariffs …
Business
Sky News
Putin demands payment in roubles for Russian gas supplies or contracts will be ‘stopped’
Russian President Vladimir Putin has said that, from tomorrow, countries buying gas from Russia must pay in roubles or their contracts will not be honoured.In a televised statement on Thursday, Mr Putin said he had signed a decree to that effect, adding that the switch to roubles was designed to “strengthen our sovereignty” and protect …

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