Energy infrastructure companies in the UK have reportedly accumulated nearly £4bn in excess profits over the last four years, according to analysis by Citizens Advice. The consumer charity has assisted nearly 700,000 individuals struggling with utility bills, with over five million households in debt to their suppliers due to increased energy costs following the Ukraine-Russia conflict. Energy network companies, which are monopolies regulated by Ofgem, have allegedly profited from high inflation and the cost-of-living crisis by setting network charges that make up around 25% of a typical fuel bill, covering the costs of maintaining and operating crucial infrastructure.
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Brussels should not be shocked by Trump being Trump
US President Trump's tariff threats have tested the EU's trade policy capabilities, revealing both successes, like a political agreement with Indonesia, and failures in its approach to negotiations with the US. The EU's traditional methods are ineffective against Trump's unpredictable style, reflecting a deeper struggle within its institutional structure and reliance on the automotive industry. Explain It To Me Like I'm 5: The article talks about how the EU is struggling to handle trade talks...
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