23.1 C
Friday, October 7, 2022

Biden Announces Federal Marijuana Pardons, Moves Toward Softening Federal Stance

https://ift.tt/CEhdqH5 Joe Biden on Thursday announced new...

US Sanctions Iranian Officials Over Crackdown on Protesters 

https://ift.tt/e3uPfCE United States on Thursday sanctioned seven...

US to Send Recent Uganda Visitors to 5 Airports for Ebola Screening

https://ift.tt/e3uPfCE Biden administration will begin redirecting U.S.-bound...

Brits to fire up wood stoves to avoid freezing this winter

The UK’s biggest supplier of firewood expects a 20% surge in demand as gas bills keep skyrocketing

Suppliers of firewood in Britain project sales to soar by a fifth during the upcoming winter, as millions of households may opt to fire up wood stoves to help cope with soaring energy bills, The Daily Telegraph reported on Friday. 

According to Nic Snell, managing director at Certainly Wood, the UK’s largest firewood supplier, demand has already started to grow as consumers beginning preparing for the onset of colder weather.  

“People are starting to stock up now, but I’d imagine we could see a 10% to 20% increase in demand this coming winter, because firewood prices have increased but nowhere near the rise seen in energy prices,” Snell said, as cited by the media. 

He pointed out that the amount of firewood needed to maintain a fire on evenings and weekends throughout the winter would cost around £600 ($710), while households heating homes using gas or electricity are expected to face spiraling energy bills over the coming months. 

READ MORE: UK energy bills to skyrocket

Soaring prices for gas and electricity along with high volatility in energy markets are forcing regulators and analysts to bump up their already grim forecasts. According to the latest outlook from the UK independent energy consultancy Auxilione, average annual energy bills in Britain will soar to £6,000 (nearly $7,100) in 2023. People working from home are projected to be paying £683 ($808) per month by January.

For more stories on economy & finance visit RT’s business section

https://ift.tt/jZEUQlA 22, 2022 at 10:32AM
from RT – Daily news

Support Us

Secured by Paypal

Related Stories

Check out other tags:

Most Popular Articles