Today's briefing
"Hello, it's Jeff. Let's not talk too much and start right on."
July 28, 2023
British Gas has faced backlash as its profits surge while customers struggle with high energy bills. Critics argue for public ownership of energy. Meanwhile, UK house prices face a potential crash, which could benefit young adults but deepen economic disparities. The British Retail Consortium calls for a review of business rates as 6,000 retail outlets are lost. Despite print declines, the Guardian Media Group reports record revenues and plans to invest in journalism and expand in Europe. NatWest's chair, Howard Davies, promises an independent review amidst controversy to ensure stability of the bank.