European gas prices tumble amid warm January weather

Demand for heating in UK and elsewhere falls but concerns remain over supplies this winter

Why are wholesale gas prices falling and will it cut UK bills?

The likelihood of power cuts in Britain this winter has diminished “significantly” after a sharp fall in the wholesale price of gas.

A spell of mild weather in the UK and Europe has sent wholesale gas prices tumbling in a respite from the high prices that have led to soaring energy bills.

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