The Real Britain host questioned whether British production needed to be bolstered in the wake of supply chain disruptions from China during the pandemic and a potential energy crisis as a result of the Ukraine invasion. This comes as Brexiteers face more frustration as the triggering of Article 16 may be delayed due to the fraught situation in Europe.<\/p>\n
Mr Grimes tweeted: We found out during the pandemic that were much too reliant upon Chinese supply chains.<\/p>\n
Were now finding out that were much too dependent on others for our energy needs and even our food supply.<\/p>\n
Is it time that we look to bolster Britains supply of such things?<\/p>\n
He followed this tweet with another suggestion on the social media platform about how Britain could create its own energy.<\/p>\n
However the close connections between the UK markets and European ones mean that any price increase over there could still affect us significantly.<\/p>\n
European natural gas analyst Leon Izbicki from Energy Aspects told Reuters: The price move today is not based on fundamental changes to the European gas balances.<\/p>\n
The main driver behind the sharp rise in the TTF (Title Transfer Facility) is a perceived increase in the risk of European sanctions targeting Russian energy exports.<\/p>\n
The Title Transfer Facility is a Dutch virtual trading point for natural gas.<\/p>\n
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See more here:<\/p>\n
Boris told to free Brexit Britain from shackles of China and Russia - Too reliant - Express<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The Real Britain host questioned whether British production needed to be bolstered in the wake of supply chain disruptions from China during the pandemic and a potential energy crisis as a result of the Ukraine invasion. Continue reading