Pantheon Macroeconomics
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5th Jul 2022 14:39U.K., Daily Monitor
Domestic production accounts for nearly half of natural gas consumption, well above the European average.
Imports from Russia accounted for only 5% of the total; the U.K. has long-term deals with Norway and Qatar.
The bigger risk is that manufacturers are indirectly af- fected by rolling blackouts in other European countries.
electricity, energy, france, germany, government, imports, italy, manufacturers, manufacturing, manufacturing sector, natural gas, oil, recession, restocking, russia, winter, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence