Britain faces winter gas shortages – FT

RT (Russia Today)Thursday, October 9, 2025 at 1:14:01 PM
Britain faces winter gas shortages – FT
Britain is facing a significant challenge this winter as gas production has dropped by 10%, reaching a 50-year low. This decline is forcing the UK to rely more heavily on liquefied natural gas (LNG) imports to meet its energy needs. This situation is concerning not only for energy security but also for consumers who may face higher prices and potential shortages during the colder months.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
BP wins arbitration case against Venture Global over LNG cargoes
PositiveFinancial Markets
BP has successfully won an arbitration case against Venture Global regarding LNG cargoes, which is a significant victory for the company. This outcome not only reinforces BP's position in the LNG market but also highlights the importance of legal frameworks in resolving disputes in the energy sector. Such victories can enhance investor confidence and stabilize operations, making it a noteworthy development in the industry.
UK’s Reeves should break income tax promise in budget, think tank says
NegativeFinancial Markets
A prominent think tank in the UK is urging Chancellor Rachel Reeves to reconsider her commitment to not raise income taxes in the upcoming budget. This recommendation comes amid growing concerns about the country's economic challenges, suggesting that breaking this promise could provide necessary funds for public services. The debate highlights the tension between fiscal responsibility and political pledges, making it a crucial topic for citizens as they navigate the implications of potential tax changes.
UK employers curb hiring and pay rises before budget, recruiters say
NegativeFinancial Markets
Recent reports indicate that UK employers are slowing down hiring and limiting pay rises ahead of the upcoming budget announcement. This trend raises concerns about the job market's stability and the potential impact on workers' financial well-being. As companies brace for economic changes, the cautious approach to recruitment and compensation could signal a challenging period for job seekers and employees alike.
The UK cities where it’s cheaper to buy a house than rent
PositiveFinancial Markets
In the UK, certain cities are revealing a surprising trend where buying a house is more affordable than renting. This is significant because it opens up opportunities for home ownership in areas where it was previously considered unattainable, allowing more people to invest in their future and build equity.
Vitalhub's Novari Health secures first UK deployment for mental health
PositiveFinancial Markets
Vitalhub's Novari Health has made a significant breakthrough by securing its first deployment in the UK focused on mental health. This development is crucial as it highlights the growing recognition of mental health services and the need for innovative solutions in this area. With this deployment, Novari Health aims to enhance the accessibility and quality of mental health care, which is increasingly important in today's society.
Sunak takes Microsoft and Anthropic advisory jobs
PositiveFinancial Markets
Former UK Prime Minister Rishi Sunak has taken on advisory roles with tech giants Microsoft and Anthropic, in addition to his existing position with Goldman Sachs. This move highlights Sunak's growing influence in the tech sector and reflects the increasing intersection between politics and technology. As he navigates these new roles, it could lead to innovative collaborations that benefit both the tech industry and the UK economy.
First Brands Group bankruptcy draws DOJ inquiry over billions in losses - FT
NegativeFinancial Markets
The recent bankruptcy of First Brands Group has triggered an inquiry from the Department of Justice due to the staggering billions in losses reported. This situation is significant as it raises concerns about the financial practices within the company and could lead to broader implications for the industry, potentially affecting investors and employees alike.
Rishi Sunak takes advisory roles with Microsoft and AI firm Anthropic
PositiveFinancial Markets
Rishi Sunak, the former UK prime minister, has taken on advisory roles with Microsoft and AI firm Anthropic, as confirmed by the Advisory Committee on Business Appointments. This move is significant as it highlights the growing intersection between politics and technology, especially in the realm of artificial intelligence. Sunak's experience could provide valuable insights to these companies, while also raising questions about the influence of former leaders in the tech industry.
Britain missing out on potential £2bn recycling industry by exporting plastic waste
NegativeFinancial Markets
The UK is missing out on a potential £2 billion recycling industry and 5,000 jobs due to a government failure to close a loophole that permits the export of 600,000 tonnes of plastic waste each year. This situation not only undermines local recycling efforts but also highlights the need for stronger regulations to support sustainable practices. By allowing this waste to be shipped abroad, the UK is losing out on economic opportunities and contributing to global environmental issues, making it crucial for policymakers to take action.
Uniqlo owner predicts 5th year of record profit on aggressive global push
PositiveFinancial Markets
Uniqlo's parent company is forecasting its fifth consecutive year of record profits, driven by an aggressive global expansion strategy. This is significant as it highlights the brand's resilience and ability to thrive in a competitive fashion market, showcasing its appeal to consumers worldwide. With a focus on innovation and sustainability, Uniqlo is positioning itself as a leader in the retail sector, which could inspire other companies to adopt similar strategies.
OMV Q3 2025 shows strongest refining margins since 2023
PositiveFinancial Markets
OMV has reported its Q3 2025 results, showcasing the strongest refining margins since 2023. This significant improvement highlights the company's resilience and adaptability in a fluctuating market, making it a key player in the energy sector. Investors and stakeholders will be keen to see how this trend continues, as it could indicate a robust recovery and growth potential for OMV in the coming quarters.
Bank of England's Mann says UK inflation expectations remain too high
NegativeFinancial Markets
The Bank of England's Mann has expressed concerns that inflation expectations in the UK are still too high, which could hinder economic recovery. This is significant as it suggests that consumers and businesses may be bracing for prolonged inflation, potentially affecting spending and investment decisions. Keeping inflation in check is crucial for maintaining economic stability and growth.
Latest from Financial Markets
Indian Investors Eye IT Sector’s Outlook After Tata Consultancy Services’ Earnings
PositiveFinancial Markets
Indian investors are closely watching the IT sector's outlook following the recent earnings report from Tata Consultancy Services. This development is significant as it could influence market trends and investment strategies, highlighting the importance of the IT industry in India's economic landscape.
C1 Fund acquires stake in Ripple to expand digital assets portfolio
PositiveFinancial Markets
C1 Fund has made a strategic move by acquiring a stake in Ripple, a leading player in the digital assets space. This acquisition not only enhances C1 Fund's portfolio but also signals a growing confidence in the future of cryptocurrencies and blockchain technology. As digital assets continue to gain traction, this investment could position C1 Fund favorably in a rapidly evolving market.
Fed’s Daly: labor market is at a ’worrisome’ point
NegativeFinancial Markets
Federal Reserve President Mary Daly has expressed concerns about the current state of the labor market, describing it as 'worrisome.' This statement highlights the potential challenges the economy may face if employment conditions do not improve, which could impact inflation and monetary policy decisions. As the Fed navigates these issues, understanding the labor market's health becomes crucial for both policymakers and the public.
Walmart's $70 emergency weather radio is just $15, and customers are buying multiples for their storm kits
PositiveFinancial Markets
Walmart has slashed the price of its $70 emergency weather radio to just $15, prompting customers to stock up for their storm kits. This significant discount not only makes essential safety equipment more accessible but also encourages preparedness among families facing unpredictable weather. With many shoppers expressing relief and comfort in being better equipped, this deal highlights the importance of having reliable tools during emergencies.
Four Scenarios to Consider as Coalition Talks Continue in Japan
NeutralFinancial Markets
The ongoing coalition talks in Japan between the Liberal Democratic Party and its partner Komeito are crucial as they navigate their most significant challenge since forming an alliance in 1999. This situation is important because it could reshape the political landscape in Japan, impacting governance and policy direction.
What Time Is Lions Vs. Chiefs? Here’s How To Watch
NeutralFinancial Markets
The upcoming matchup between the Kansas City Chiefs and the Detroit Lions is generating interest as Kansas City holds a 9-6 all-time record against Detroit. Fans are eager to know when to tune in for this exciting 'Sunday Night Football' game, and this article provides all the details on the kickoff time and viewing options. It's a significant event for football enthusiasts, highlighting the competitive history between these two teams.