The Readout

Allegra Stratton: The UK’s Nuclear Option for Energy

Expensive UK energy leads means turning to options like nuclear or the North Sea.
Rachel Reeves at the Dispatch Box in the House of Commons yesterdaySource: House of Commons
Lock
This article is for subscribers only.

The historic potter Denby (and purveyor of my family’s favourite cereal bowls) is the latest big UK business to say it’s on the verge of going bust. In part it’s blamed softening demand and the increase in the cost of employing people — plus soaring energy costs in the UK.

Elsewhere, the CEO of Shell, Wael Sawan is saying that the disruption to fuel supplies seen in the last few weeks in Asia is about to reach Europe.