Posted on

Markets fret as consumers and investors lose faith in central banks keeping a lid on inflation



Share

The price of natural gas is soaring – and both equity and bond markets are again fretting about surging inflation.The cost of wholesale gas for next-day delivery in the UK today hit an all-time high of £3.55 per therm (one therm is equal to 100 cubic feet of natural gas), a rise of 27%, meaning the price has doubled in a week.
The immediate upshot is that more “challenger” household energy suppliers, who tend to buy their gas on the spot market rather than in advance, are likely to topple over.
Please use Chrome browser for a more accessible video player

Energy …

Read More