@seafront.bsky.social
Reposted
It is true. Uk has the highest industrial power (NB electricity not all energy) in the developed world. Both pre taxes/subsidies and after too
Is that true around the UK industrial energy costs? I always thought that figure was netzero skeptic BS
December 6, 2024 at 9:25 AM
Energy in the UK is 46% higher than the IEA Median. That is wholly due to Government policies, the raw material costs everyone the same.
NEW
CPI inflation rises from 1.7% to 2.3% in Oct. A slightly bigger increase than expected (consensus was 2.2%).
Mostly pushed upwards by higher energy bills.
Raises fresh questions about how quickly interest rates will fall in the coming months. Full release:
www.ons.gov.uk/economy/infl...
Consumer price inflation, UK - Office for National Statistics
Price indices, percentage changes, and weights for the different measures of consumer price inflation.
www.ons.gov.uk
November 20, 2024 at 11:22 AM