Energy Prices

Bank of England halves interest rates, but what does this mean to UK businesses & the energy market?

With the MPC having just confirmed what we all had anticipated – today’s halving of the Bank of England interest rate from 0.5% to 0.25% - we take an initial look at what this means to the energy market and the impact it could have on UK businesses.  Should you fix and secure an energy price today?  Opt to trade the market with a flexible contract?  Or sit and hold out until circumstances settle?  We weigh up the drivers and options open to your business today.