 | Sam Shedden | Engagement Editor |
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Good morning, Welcome to The Scotsman newsletter. The nation's gas price crisis is of growing concern with winter looming. The government is poised to step in to tackle the gas price crisis and carbon dioxide shortage, Business Secretary Kwasi Kwarteng has said. The move comes as rising wholesale gas costs are forcing smaller providers out of business. As UK electricity and gas prices rise along with inflation and overall energy costs for households, the fear is shortages may lead to winter blackouts this year. Liv McMahon breaks down the issues at play and explores why there is a gas shortage in the UK. The shortage is leading Scottish hospitality businesses to warn of a “perfect storm” as soaring the gas prices continue to impact the supply of carbon dioxide used throughout the sector. The Scottish Hospitality Group, which represents several large hospitality businesses in Scotland, said the impact of CO2 shortages would be felt in pubs and bars of all sizes. |