Reopened Site Boosts UK's Gas Storage by 50%: The London Rush

The UK’s insufficient gas storage capacity is one of the factors that has made the energy crisis so severe. It is good news, then, that Centrica has reopened the enormous Rough Gas storage facility and deposited its first product in five years. Still, the company admits the facility isn’t a “silver bullet” for energy security. Meanwhile high energy prices continue to squeeze customers, feeding into NatWest’s increasingly gloomy economic forecasts as they prepare for more families and businesses missing their repayments.

Here’s the key business news from London this morning: