Germany, which gets about half its gas and a third of its oil from Russia, has urged its citizens and companies to reduce consumption in anticipation of possible shortages, while Austria, which imports about 40% from Russia, is tightening its monitoring of the gas market.
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Better rail services promised in huge shake-up
admin, , Business, 0
Labour’s shadow transport secretary, Jim McMahon, said: “With fare hikes, £1bn cuts to Network Rail and broken promises to...
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Oasis ‘dynamic pricing’ row prompts government probe
admin, , Business, 0
Ministers are set to look into the use of “dynamic pricing”, amid an ongoing row about the “depressing” and...
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Welsh shoppers shell out the most for Easter eggs
admin, , Business, 0
On Tuesday, Ocado Retail, which owns an online food joint venture with Marks & Spencer, said that it expected...
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Wetherspoons runs low on beer amid driver shortage
admin, , Business, 0
“Government must address the HGV driver shortage by rapidly increasing the number of HGV driving tests taking place, providing...
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Thames Water troubles swell as parent firm defaults
admin, , Business, 0
It has issued a formal notice to its bondholders, but asked them to take “no creditor action” in order...
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‘Serious deficiencies’ in Bank’s economy forecasts
admin, , Business, 0
Dr Bernanke’s review recommends the Bank must thoroughly update its whole framework for forecasting the economy, overhauling or scrapping...
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Kwasi Kwarteng: Investors wary as economic plan brought forward
admin, , Business, 0
Providing reassurance on that score will likely mean confirming unpalatable news for others. For most economists reckon that, even...
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Strong job gains in US add to economic puzzle
admin, , Business, 0
“Perhaps the report details, with the unemployment rate rising and average hourly earnings growth slowing, tilts the decision to...
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