Bloomberg Britain’s unemployed face a further blow when the value of their welfare benefits is set to fall the most in half a century, according to new research. Analysis by the Joseph Rowntree Foundation shows the decline comes with the real value of out-of-work benefits already at historically low levels because the Treasury froze payouts or increased them by ...

  Bloomberg Isolated from any other country’s power networks, Iceland has this winter faced a new predicament: running out of electricity. Sitting in the Atlantic Ocean, 850 kilometres (530 miles) from the Scottish coast, the country had to be self-sufficient in electricity generation, and power was always so plentiful that a large aluminum-smelting industry emerged half a century ago to ...

  Bloomberg Promoters of a stalled project to build a C$9 billion ($7.2 billion) terminal to export liquefied natural gas from Quebec in Canada are seeking to revive the plan by garnering support from Europe, which is scrambling to find alternatives to Russian supplies. GNL Quebec Inc’s Energie Saguenay project was rejected by both the federal and provincial authorities recently ...