Gas prices in Europe reached record levels over the last year, triggered by Russia's invasion of Ukraine, which drove up consumer prices.
The price cap announced Friday will take effect Oct. 1, after which it is expected to increase again, CNBCThe price cap is the maximum standard charge that energy suppliers can bill domestic customers for their electricity and gas bills, taking into account wholesale market prices and other industry costs, CNBC notes.
The Bank of England has predicted that the U.K.'s inflation may peak at 13.3% in October, higher than the 11% previously predicted, driven particularly by rising energy prices, per
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
The Panthers and the Eagles - Friday Football FeverNate Griffin and Shelby Rose join the Eagle at Second Baptist High School and the Panthers at St. Pius X for an early morning pep rally before the Friday night lights hit the field.
Leer más »
Why Fed's Powell speech on Friday likely matters less for stocks than a sputtering housing marketInflation, job losses and the cooling housing market are top factors that could drive a U.S. recession, according to Charles Schwab's Kevin Gordon.
Leer más »
Taste of Greektown kicks off Friday in ChicagoOpa! Get your wine glass and your taste buds ready for the 32nd annual Taste of Greektown.
Leer más »
‘Friday Night Lights’ football coach Gary Gaines dies at 73His 1988 team was chronicled in Buzz Bissinger’s bestselling book, and he was portrayed by Billy Bob Thornton in the 2004 movie.
Leer más »
Boss Wants Friendly, Relaxed Company Culture In Place By FridaySAN MATEO, CA—Warning of severe consequences if he didn’t see results, Pantheon Digital Consulting COO Daniel Abelson, 59, told employees Monday he wants a relaxed, friendly company culture implemented by the end of the week, sources within the organization confirmed. “I don’t care how you make this a laid-back, fun…
Leer más »