Labour's lisanandy accuses the government of ignoring the public's wishes and 'standing back', as the company behind two shale gas wells urges the government to overturn an order they be sealed. KayBurley 📺 Sky 501, Virgin 602, Freeview 233
Nathan Piper, head of oil and gas research at Investec, used his evidence to the Treasury committee hearing on the energy crisis to make the case for higher North Sea output.
"Maybe it moderates, but this is going to be a cost of living crisis for people for a long time to come." A Downing Street spokesperson said the topics included"how the UK can remove barriers facing investors and developers, and help projects come online more quickly".The UK relies on Russia for about 3% of its natural gas needs currently but faces stiff international competition for supplies as countries race to replace hugely depleted stocks in time for next winter.
He said:"On Wednesday morning, I read in the newspapers that the Prime Minister had decided that concreting up Britain's only two shale gas wells, in the midst of an energy crisis and given his own assessment that Europe is"addicted" to Russian gas, would be a terrible idea.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK wage growth trails rising cost of livingThe number of unemployed drops below pre-pandemic levels, but wages continue to lag behind rising prices.
Read more »
Cost Of Living Crisis: Follow This Six-Step Plan To Ease Your Bills (And Mind)With bills soaring, it's hard to know where to start. Grazia's money columnist Laura Whateley has a six-step plan to sort you out. Read more on Grazia.
Read more »
London tenants face record rent and bills as cost of living soarsTenants in London are set to spend a record 55 per cent of their household income on rent and domestic bills this year as the living costs crisis grips the UK 🏠
Read more »
Easy expert tips to drive down the cost of your car insurance bills and quotesAs the cost of living crisis continues to worry Brits, many are wondering how to cut costs and keep outgoings as low as possible. Thankfully, we've got some expert tips on how to easily reduce your car insurance bills and quotes
Read more »
Michael Gove rejects tax cut calls as NI hike gets go ahead despite cost of living crisisMICHAEL GOVE has rejected calls for the Government to cut taxes as the Housing Secretary confirmed the planned National Insurance hike will get the go ahead despite the cost of living crisis gripping the UK.
Read more »
Cost Of Living Crisis: Follow This Six-Step Plan To Ease Your Bills (And Mind)With bills soaring, it's hard to know where to start. Grazia's money columnist Laura Whateley has a six-step plan to sort you out. Read more on Grazia.
Read more »