Tag: energy price

Energy, Industries

US heating worries mount amid growing costs, uncertainty

October 20, 2022

Via: ABC News

Across the U.S., families are looking to the winter with dread as energy costs soar and fuel supplies tighten. The Department of Energy is projecting sharp price increases for home heating compared with last winter and some worry whether heating […]


U.K. Reverses Nearly All Tax Plans to Reassure Markets

October 17, 2022

Via: The Wall Street Journal

New U.K. Chancellor Jeremy Hunt said Monday he is reversing nearly all the government’s proposed tax cuts and will pare back an energy price cap as he moves to undo Prime Minister Liz Truss’s debt-fuelled growth plan in an effort […]

Energy, Industries

Energy price guarantee could cost taxpayer £140bn in ‘extreme’ scenario

October 5, 2022

Via: Sky News

Cornwall Insight, which became a prominent voice in predicting levels for the energy price cap before it was replaced by the government’s energy price guarantee (EPG) this month, said its findings showed a near doubling of the forecasts between the […]

Energy, Industries

Energy Price Guarantee: Liz Truss’s gigantic state handout

September 20, 2022

Via: MoneyWeek

Last Thursday the new prime minister Liz Truss, who had previously dismissed “handouts” as a way of tackling the cost of living crisis, announced a taxpayer-funded “Energy Price Guarantee” that amounts to a two-year direct grant to all households, regardless […]

Finance Tech, Liquidity

GBP Price Forecast: Sterling Slumps Ahead of BoE, Fed and SNB Meetings

September 16, 2022

Via: DailyFX

Can a ‘Neutral’ SNB Provide Sterling with a Reprieve? The latest comments from the Swiss National Bank (SNB) appear to be rather balanced ahead of Thursday’s rate setting meeting. SNB Governing Board member Andrea Maechler commented earlier this month that […]