As the war on Ukraine intensifies several countries, including the United Kingdom, have imposed sanctions on Russian energy exports. On the 8th of March, the UK government announced that it will phase out Russian oil imports by the end of 2022, while the US is banning the import of all oil and gas and the EU plans […]
The new energy price cap on the 1st of April, combined with soaring energy prices and the collapse of several firms, means that many businesses will see increases to their energy bills this year. Why are business energy prices increasing? Several factors have contributed to soaring energy prices for households and commercial businesses alike, including high global […]
What should you do if your business energy provider collapses? In the past few month, several energy providers have collapsed as rising wholesale gas prices threaten the sector. A number of factors have contributed to soaring energy prices, including high global demand, as well as maintenance issues and lower solar and wind energy output. Dermot […]