PRICE OF WAR: Europe in costly race to protect economies from freezing up this winter as Russia cuts off supplies of gas The United Kingdom on Thursday confirmed plans to subsidize energy bills for households and businesses, joining other European governments in a costly race to protect their economies from freezing up this winter as Russia cuts off supplies of gas. The UK plan could cost as much as £150 billion ($172 billion), analysts said. Add that to recent similar announcements by Germany, Austria and other EU…
Read MoreUK, EU Mull $500bn For Energy Subsidies
