BBCNEWS BBC News October 10, 2021 16:10:00
That the wind didn�*t blow and the sun didn�*t shine... we have seen those problems start to manifest in reality. the scale, i don�*t think anyone guessed. at the prices have not peaked yet. this could get worse. prices could go a lot higher. we don�*t have a crystal ball. no one knows that. fundamentally, some of my members have seen pre—issue prices rise from 40p to 50p per therm to prices to negotiate a new hedge contract of over £4. that is a tenfold increase, and that is just impossible to meet on businesses that have an inherent cost of maybe 25 or 30% embedded in fuel. the ir...
Source: archive.org