Oil price drops below $95 as Iran state media releases detail of draft peace deal with US - business live
Rolling coverage of the latest economic and financial news
Energy price cap in Great Britain to rise by 13% from July
Average gas and electricity bill to jump to £1,862 a year from July until end of September, in part because of Iran war
Ministers urged to act as households in Great Britain face energy bill ‘anxiety’
Under government’s price cap typical gas and electricity bills are forecast to rise by £209 from this summer
The Guardian view on Britain’s coming energy shock: mini-measures won’t suffice
Editorial: Consumer giveaways may soften the blow from the the war on Iran. But Britain’s vulnerability demands deeper state intervention and a faster transition
Number of air conditioned UK homes doubles to more than 4m in three years
Greater working from home and hot summer temperatures believed to be driving increase in ownership
FYI: Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills: Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households.
https://ppc.land/data-centers-5-5m-jobs-927bn-gdp-and-no-proof-they-raised-your-energy-bills/ #DataCenters #Jobs #GDP #EnergyBills #Electricity
Data centers: 5.5M jobs, $927bn GDP - and no proof they raised your energy bills
Data centers supported 5.5 million US jobs and $927bn in GDP in 2024, PwC finds - while E3 finds no clear evidence they raised electricity bills for households.
Rachel Reeves live: Chancellor to set out major cost of living plan after ruling out energy bill support
https://fed.brid.gy/r/https://www.mirror.co.uk/news/politics/rachel-reeves-cost-living-live-37185544
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