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let's get down to business. an australian firm — recharge industries — has come to the rescue and bought the battery maker britishvolt out of administration. the deal is expected to be announced shortly. britishvolt had plans to build a £4 billion gigafactory near the port of blyth in northumberland, but it ran out of money and collapsed last month. its downfall was blamed on a lack of battery experience, unproven technology, and therefore no customers oi’ revenue. the new owner is another start—up. recharge industries is owned and run by a new york—based investment fund c...

To fall to around £3300 per yearfor to fall to around £3300 per year for the average domestic household but in terms of the actual household bills, because of the energy price guarantee, because that went up, we expect bills to increase to around £3000 a year, plus you have got within that the issue of the £400 energy bill support schemes that households have been receiving over the winter, there will come to an end, so you have this double hit from a household perspective of the direct increase in bills as a consequence of the as that loss of the £400 payment which helps tell what househ...