Money

UK energy bills price hike: Superpower energy contest threatens £460 surge

RecentNews.uk

01

Typical UK energy bills could increase by around £460 a year in January, rising by over 25 per cent.

02

Europe's winter gas reserves stand at their lowest level since records began in 2011.

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Energy Secretary Miatta Fahnbulleh confirmed new North Sea oil and gas drilling will not lower domestic bills because commodities sell on global markets.

04

Ministers face an imminent cabinet decision on approving the massive Rosebank oil field west of Shetland.

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