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Gas supply crunch stirs fears of winter price hike in UK and Europe

A gas supply crunch in Europe has reignited fears over winter energy costs after market prices for the fossil fuel climbed to new highs across the UK and the Netherlands. The market price for gas has soared by over 50% this year as reserves in storage facilities across Europe have dwindled to record lows, and …

UK drivers will no longer need insurance ‘green card’ in EU

Millions of UK motorists will no longer have to obtain an insurance “green card” before taking their car to EU countries after the requirement for extra Brexit-related paperwork was dropped. The European Commission announced it had waived the obligation when it unveiled several other concessions designed to defuse tension around the implementation of the Northern …

Covid ticketing rules exclude people not online from major events

People without internet access face being shut out of major sporting events because Covid restrictions have moved some ticket sales exclusively online. The ballot for this year’s Wimbledon tennis tournament was online only and a ban on ticket transfers means that relatives cannot purchase on behalf of fans who do not own a smartphone. Sally …

After the Co-op, who can I now turn to for ethical insurance?

Are there ethical options in the insurance industry? Since the Co-op sold its underwriting insurance business in 2020, I don’t know who to choose.JL, Chipping Norton, Oxfordshire A simple question, but a complex answer. Unravelling the ethics of all the factors involved in an insurance policy is an open-ended task, not least because the brand …

Covid savings: Britain built up second highest level on record in early 2021

British households built up their savings to the second highest level on record at the start of the year as the Covid-19 lockdown limited opportunities to spend, according to official figures. In a development economists said could pave the way for a boom in spending as pandemic restrictions are relaxed, the Office for National Statistics …