In the short term, however, the challenge will be to maintain supply and demand in the German energy system. And while Europe’s industrial powerhouse scrambles to expand its gas import options, it might need to prepare for “demand management”, using less energy in its factories and households, and that risks recession across Europe.
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Cineworld to shut down UK screens after Bond film delay
admin, , Business, 0
Image copyright Getty Images Cineworld is set to temporarily close its UK cinemas in the coming weeks. As first...
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Bank boss concerned over UK growth outlook
admin, , Business, 0
The governor of the Bank of England has raised concerns over economic growth as he warned again that interest...
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Supermarket push to cut waste hits food bank donations
admin, , Business, 0
Food charity Fareshare says donations from the major grocers have fallen, just as demand has surged.
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This Chinese map app wants to be a super app for everything outdoors
admin, , Business, TOP STORIES, 0
Amap, for example, is one of the most widely used map and navigation apps in China today. But when...
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Nightclubs eye June reopening but can they survive?
admin, , Business, 0
Michael Kill, chief executive of the Night Time Industries Association, which represents the sector, reckons that by the time...
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We don’t know how high energy bills will go, says boss
admin, , Business, 0
The department also pointed to schemes currently in place to help those facing high bills, such as the Warm...
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Ikea struggles with supply problems due to driver shortage
admin, , Business, 0
“Like many retailers, we are experiencing ongoing challenges with our supply chains due to Covid-19 and labour shortages, with...
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Morrisons: US firm wins auction to take over supermarket chain
admin, , Business, 0
Clayton, Dubilier & Rice is highest bidder in the battle for the UK’s fourth-largest supermarket group.
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