Insights from the UK and beyond
Who’s to blame for the gas price rise?
As 16 million people digest the news that their gas bills are going up 35 percent, courtesy of British Gas, blame for the staggering rise is flying thick and fast.
Centrica, the British Gas parent company, says it is unable to resist the sharp rises on world oil and gas markets and that any attempt to impose windfall taxes would crimp its investment programme.
Energy watchdogs question how the company can be allowed to impose such steep rises at the same time as it makes healthy profits for its shareholders.
Opposition political parties say the government has not built sufficient gas storage facilities and has failed to negotiate an open market across the European energy sector.
What do you think? Are you going to feel the pinch this Winter?