EU proposes joint gas buying and curbs on energy price spikes – business live

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European Commission proposes mechanism to cap “excessive and volatile” gas prices, and to let member countries start jointly buying gasToday’s bond market stability follows a report that the Bank of England is set to delay the sale of billions of pounds of government debt.The pause, reported in the Financial Times, is meant to foster greater stability in gilt markets following the UK’s failed “mini” Budget.The Financial Times has learnt that the bank’s top officials have come to this view after judging the gilts market to be “very distressed” in recent weeks, a view backed by ...

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