Steel, chemicals and fertiliser industries warn of difficult winter unless government takes emergency action
UK wholesale gas prices have hit fresh record highs, amid further warnings about the future of British energy-intensive industries and firms that supply domestic customers.
The wholesale gas price for day-ahead delivery rose above the £3 per therm level for the first time on Wednesday morning, hitting 350p at one point, even higher than the spike in demand for gas during February 2018’s “Beast from the East” cold snap.
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