UK household energy bills to rise by £332 as Iran war drives up prices
Price cap expected to rise 20% from July to September
Economic news
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UK borrowing costs hit highest since 2008 amid inflation shock
Ten-year gilt yields rise to 4.94% as borrowing numbers add to concerns over energy-driven inflation shock
IEA calls for driving slower and flying less to weather energy crisis
International Energy Agency says consumer demand measures needed to tackle Iran war disruptions
IEA calls for working from home, driving slower and flying less to tackle energy crisis
Agency says consumer demand measures needed to manage Iran war’s disruptions to global markets
EU agrees on review of emissions trading system as energy crisis bites
Also in this newsletter: Macron urges Brussels to counter election interference