In the headlines
Surging gas prices could lead to a 1970s-style three-day week this winter, says The Daily Telegraph, as Bulb, the UK’s sixth-largest energy company, threatens to go under. Boris Johnson blamed the crisis on the global economy bouncing back post-Covid, “like everybody going back to put the kettle on at the end of a TV programme”. Some spy the hand of Russia, says David Sheppard in the Financial Times. State-owned gas giant Gazprom is being noticeably stingy with its supplies to Europe. Meanwhile, “bonfire night could go off without a bang this year”, says The Sun. The price of fireworks is expected to rocket 50%, partly because Chinese factories have been too busy celebrating 100 years of communism to make them. Princess Beatrice has given birth to a baby girl.