Some of them are “overcharging customers” during the cost-of-living crisis, BoE governor has claimed Bank of England Governor Andrew Bailey has denounced domestic retailers for being engaged in ‘greedflation,’ claiming that some of them have been taking advantage of rampant inflation by raising prices.

The country will adhere to its long-term contract with Gazprom, despite securing alternate supply sources Austrian oil and gas conglomerate OMV will continue to buy most of its gas from Russia this winter, CEO Alfred Stern said in an interview with the Financial Times published on Sunday.

Maintenance issues and sluggish demand from the EU are behind the fall, data shows US exports of liquefied natural gas (LNG) dropped 10% in June in monthly terms to 6.82 million tons due to plant maintenance and a decline in EU demand, Reuters reported this week, citing preliminary data from Refinitiv.