Bloomberg UK households are set for an 18-billion-pound ($24 billion) increase in energy bills next year, potentially squeezing consumer spending and adding pressure on the Bank of England to increase interest rates, according to Investec Plc. A surge in gas prices has left the energy price cap — the ceiling for what firms can charge most customers — on ...

Bloomberg European natural gas falls for a fourth day as US supplies are expected to bring relief to the tight market and traders weighed both milder weather and risks to demand from the Omicron virus variant. Gas has whipsawed in recent days, soaring to record levels above 180 euros ($203.59) a megawatt-hour last Tuesday following a sharp drop in Russian ...

  With inflation running at more than six percent and President Joe Biden’s legislative agenda in peril, ’tis the season for second-guessing. So I’d like to focus on what may well have been the original sin of the Biden administration and the narrow Democratic majority in Congress: last February’s decision to reject Senate Republicans’ offer of a $600 billion Covid ...