Brits will have to pay twice as much for energy in the coming months, the operator has warned
Many British households will struggle to pay energy bills this winter that could be double what they are accustomed to despite a government price cap, the National Grid’s CEO, John Pettigrew, has warned.
In an interview with the Financial Times on Tuesday, he said he was “under no illusions” and that Brits would find the upcoming winter “financially very, very hard.”
“Even with the [taxpayer-funded] price cap this is a doubling-up of what people are used to paying for their energy bills,” Pettigrew said, adding: “Therefore, inevitably there are going to be people who are going to struggle.”
The British government has capped the unit cost of energy until April, meaning that an average household would pay about £2,500 ($2,885) over a year on average. But last winter the equivalent amount was £1,277 ($1,474). Each household will also receive a £400 rebate on utility bills with additional means-tested payments through Social Security benefits. However, that will still be unable to make up the difference given the soaring energy prices.
Pettigrew said the National Grid was working on a number of emergency plans to protect the UK against a shortfall of energy from Europe.
Earlier, the grid operator’s boss warned that the country could face power cuts on “really cold” evenings this winter due to Europe’s continuing energy squeeze. He said that rolling blackouts could happen during “those deepest darkest evenings in January and February,” likely between 4pm to 7pm.......more below
https://www.rt.com/business/565716-uk-households-energy-prices/
Accepting the Washington-based lender’s plan would be a “disgrace” for Dakar, the African state’s prime minister has said
Senegal has rejected a debt-restructuring proposal put forward by the International Monetary Fund (IMF). The West African country’s prime minister, Ousmane Sonko, said following the plan would amount to a national “disgrace.”
Sonko made the remarks at a rally in the capital, Dakar, on Sunday, days after the Washington-based lender concluded a two-week mission to Senegal without a new financing deal.
Senegal’s public debt has risen to over $11 billion amid the discovery of $7 billion in undeclared loans. The IMF has since frozen a $1.8 billion lending facility to the former French colony, citing misreporting and hidden debt.
Senegalese President Bassirou Diomaye Faye, who came to power in April 2024, has blamed his predecessor, Macky Sall, for the debt crisis.....more here
https://www.rt.com/africa/627581-senegal-rejects-imf-debt-restructuring-proposal/
While Washington dreams of a Golden Dome, Beijing is quietly building one that actually works
When Donald Trump unveiled the Golden Dome in May 2025, he promised nothing less than a revolution in American security – a $175-billion missile defense shield designed to intercept any threat to the United States.
Modeled on Ronald Reagan’s Strategic Defense Initiative, the new project envisions an integrated network of satellites, next-generation interceptors, radars, and laser weapons extending from the Earth’s surface to outer space. The ambition is clear: complete, preemptive, and absolute protection by 2029.
Yet behind the spectacle of technological grandeur lies a troubling pattern. No concrete system architecture has been presented, and early projections suggest the true cost could triple the official figure. More importantly, the concept of “absolute security” signals an enduring American desire for unipolar dominance – one that undermines, rather than reinforces, global ...
The overthrow of PM Sheikh Hasina in 2024 was funded by USAID and Clinton family money, Mohibul Hasan Chowdhury told RT
The unwillingness of Bangladesh to condemn Russia over the Ukraine conflict was one of the reasons the US wanted to oust Prime Minister Sheikh Hasina, former cabinet minister and chief negotiator Mohibul Hasan Chowdhury has said in an interview with RT.
Hasina, who led Bangladesh for 15 years, fled the country in August 2024, following weeks of violent student-led protests which claimed 700 lives, according to some estimates.
Chowdhury, who served as the country’s shipping minister, was at the heart of negotiations between the authorities in Dhaka and demonstrators during the crisis. The country has been led by an interim government since then, which pledged to hold an election in 2026.
Chowdhury told RT in an exclusive interview to be aired on Monday that the uprising was instigated by NGOs linked to the US Agency for International Development (USAID) and the ...
