• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
  • Guest Content
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home News

As Brits face highest energy bills on the planet, EU nations bring in price cap to shield consumers

"Once again, we have proved that the EU is united and will not let anybody use energy as a weapon", the Czech minister of industry said.

Jack Peat by Jack Peat
2023-02-09 10:45
in News
Credit;PA

Credit;PA

FacebookTwitterLinkedinEmailWhatsapp

The UK has the highest electricity bills in the world, shocking new research has revealed.

A new study looking at Government data on electricity and gas prices over the past five years found that Brits pay more for their power than anywhere else on the planet.

The data, compiled by BOXT, was shared with City A.M. today, showing the UK ranks ahead of Ireland, Spain and Belgium in the top 10 list.

It comes as energy firms operating in the country managed to post record profits, with Equinor, BP and Shell bringing in a combined £80 billion to line their shareholder’s pockets.

In December, European Union nations agreed to cap soaring wholesale gas prices to protect consumers across the bloc.

From 15th February, prices will be limited if they breach 180 euros per megawatt hour for three days running.

Jozef Skiela, the Czech minister of industry and trade said the EU had “succeeded in finding an important agreement that will shield citizens from skyrocketing energy prices”.

“Once again, we have proved that the EU is united and will not let anybody use energy as a weapon.”

A Brexit story in three headlines… pic.twitter.com/Dc8UOv7Z00

— Marina Purkiss (@MarinaPurkiss) February 9, 2023

Related: Snap general election ‘would leave Tories as Westminster’s third party’

RelatedPosts

Laurence Fox says his son told him he needed his consent to kiss him goodnight

‘Time to get a real job’ verified users joke as Twitter axes legacy checkmarks

‘You take us for mugs’: Tory gets destroyed for not answering question on #BBCQT

Starmer follows Sunak in publishing tax return summary

Content Protection by DMCA.com

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending

Elevenses: Exposing the Tories’ Deepfake Illegal Immigration Bill

Elevenses: Rishi’s Finest Hour

Elevenses: Fear and Loathing in the New Conservatives

More from TLE

Convicted knife killer died in jet ski horror crash on first day of Caribbean holiday

Should you get a car on finance?

Chesham and Amersham: ‘Embrace Brexit’ mantra blamed for Labour loss

Russian tycoon drops £167k diamond ring theft charge after alleged robber exposes his sordid lifestyle

‘Worrying messaging’ as cutting aid budget would be ‘devastatingly backwards step,’ PM told

BBC receives more than 100,000 complaints about Philip coverage

How To Make: Stalker’s Pie

Beer of the Week – Brixton Effra Ale

EU commissioner: Brexit is a ‘catastrophe’ for UK and causing ‘real drama’

Michael Gove backpedals on Brexit animal welfare vows & denies plot to oust Theresa May

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.