The closure and subsequent re-opening of Britain’s largest gas storage site will cost bill payers nearly £1.7bn, Labour has claimed. Shadow chancellor Rachel Reeves blamed the Conservatives for what Labour has labelled a costly mistake, as the party accused ministers of ignoring warnings about the winding down of the Rough storage facility under the North Sea. The storage site had been mothballed in 2017 but was partially reopened last year, when it was able to store around 30bn cubic feet … read more »

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