The Rest Is Money
164. The Great British Energy Crisis
Apr 27, 2025
Jonathan Brearley, CEO of OFGEM and former climate strategy leader, dives into the UK’s energy crisis. He discusses why energy costs are soaring and whether the wealthy should pay more. The conversation highlights the push for renewable energy, pricing strategies, and the crucial role of nuclear power. Brearley also addresses the impact on small businesses and emphasizes the need for technological innovation to tackle affordability issues. The focus on energy self-sufficiency and customer support systems provides a glimpse into a resilient energy future.
42:06
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The UK's high energy costs are largely due to its dependency on gas and fluctuations in international prices, affecting both consumers and businesses.
- Transitioning to renewable energy sources and improving regulatory practices are crucial for lowering costs and supporting small businesses amidst the energy crisis.
Deep dives
Partnership with Monzo Business
Monzo Business is highlighted as a banking option specifically designed for small businesses, with three distinct plans tailored to different business sizes. For example, a duo of entrepreneurs may choose the Pro plan, which offers numerous financial management tools, while sole traders can opt for the Light plan. The importance of joining the over 500,000 businesses already banking with Monzo is emphasized, showcasing the platform's growing popularity and utility in the UK. This segment underlines the relevance of appropriate banking solutions for business efficiency amid financial administration.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
