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Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:RDSA London Ordinary Share GB00B03MLX29 'A' ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 1,895.20 1,900.20 1,900.80 0.00 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 13,205.3 -19,723.5 -203.3 - 77,727

UK Explores Payments to Energy Companies to Protect Customers From Soaring Prices, the FT Reports

18/01/2022 7:19am

Dow Jones News


Shell (LSE:RDSA)
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--The U.K. government is exploring making payments to energy retailers to protect customers when wholesale gas prices rise sharply, the Financial Times reports.

--Businesses would have to return the money when prices trade below an agreed level.

--The proposal is being promoted by energy companies and is described by the government as "plausible" and "logical", the FT says.

 

Full story: https://on.ft.com/3GDQEmB

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

January 18, 2022 02:04 ET (07:04 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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