Scots set for ‘boiler bonus’ as warmest New Year in history helps slash gas prices

dailyrecord.co.uk:

Millions of Scots can expect a “boiler bonus” from the warmest New Year in history – the hot holiday weather has helped slash wholesale gas prices by more than half.

Families fearing sky-high bills in spring can take some comfort from a 60 per cent reduction in the UK benchmark price for gas since December 21.

The hottest Hogmanay and Ne’er Day ever recorded have helped reduce demand for energy to much lower levels, a trend seen across Europe thanks to the warm spell.

In addition, a gas glut has also emerged as cargoes of Liquified Natural Gas have recently started arriving at our ports, lured here by high prices before Christmas.Tom Rodgers, European gas analyst at Icis, the price reporting agency, said: “The price has collapsed in the