Russia's decision not to resume gas flows through the main Nord Stream 1 pipeline to Germany has prompted a surge in wholesale costs, intensifying concerns for supplies across Europe for the coming winter. Our business presenter IanKingSky explains.
In normal times, Nord Stream 1 carries a third of Europe's supply from Russia.
Berlin revealed on Sunday a €65bn package to help households and businesses navigate the price challenge. The UK is under mounting pressure to follow suit to better shield consumers and companies from the worst effects of theLiz Truss, who is widely expected to beat Rishi Sunak to the doors of Number 10 when the result of the
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