Bloomberg The UK’s energy regulator Ofgem will investigate how local energy markets can cut costs and reduce the environmental impact of powering the country. The energy crisis and the war in Ukraine is driving up living and manufacturing costs in Britain. Overall, the average family will be $1,433 worse off over the next 12 months, according to the Resolution …

Bloomberg London Heathrow airport raised its passenger forecast but warned that demand is likely to drop off later in the year as a summer boom gives way to a “winter freeze.” The airport, Europe’s biggest hub before the Covid-19 pandemic decimated travel, raised its annual passenger forecast by 16%. Even so, it will remain unprofitable this year after total losses …

  Bloomberg Cathay Pacific Airways Ltd flights from London to Hong Kong will go from as little as two a month to as many as three a day in June as the airline attempts a rebound of sorts from Covid-19. The airline’s schedule shows a jump in flights days after Hong Kong said it will open to non-residents starting from …