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/
The prices of some life-saving medicines have soared to levels that are unaffordable for ordinary people in Venezuela as the United States has ramped up military presence in the Caribbean off Venezuela's coast, alongside escalating sanctions, blockades and military threats against the oil-rich South American nation since late August.
https://www.presstv.ir/default/Embeded/761400
At a northeastern suburb in the capital city Caracas, locals can still purchase most of the commonly used medicines at a major supermarket, where some antibiotics have been sold out, and some first-aid medicines and supplies have become too costly for ordinary residents.
"I'm here mainly to buy antibiotics. I have problems with my lungs. But I can't get all I want, such as vancomycin," said a resident named Alfonso.
"Recent tensions have affected the supplies and prices of drugs. The prices of cancer drugs, insulin drugs and albumin are very high, and most patients here cannot afford them," said Giovanna Gonzalez a ...
Russian President Vladimir Putin says Moscow is prepared to use military force to achieve the goals of its special military operation if Ukraine continues to delay peace talks.
During an inspection of a Russian armed forces command post on Saturday, Putin stressed that Moscow will not allow Kiev’s obstruction to prevent progress.
“If the Kiev authorities do not want to resolve the matter peacefully, we will accomplish all the tasks before us in the course of the special military operation by military means,” he said.
The Russian leader noted that the Ukrainian authorities are not moving toward a peaceful resolution, adding, “We see that even today, unfortunately, the leaders of the Kiev regime are in no hurry to resolve this conflict peacefully. I spoke about this a year ago in a speech at the Ministry of Foreign Affairs.”
Putin also received reports from Chief of General Staff Valery Gerasimov and commanders of Russia’s “Centre” and “East” military groups.
Meanwhile, ...
