About Supply
In economics, supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or directly to another agent in the marketplace.
Deflation: Why falling prices in China raise concerns
... The huge increase in demand for goods that were limited in Supply - coupled with rising energy costs after Russia s invasion of Ukraine - inflated prices...
South African taps run dry after power shortages
... " Much of the domestic water Supply here depends on electricity to pump it from the source to the vast high plain on which the cities of Johannesburg and Pretoria sit...
Sudan fighting: Student engineer electrocuted fixing power in Darfur clinic
... With many places cut off from electricity - or having an erratic Supply - Ala Danedn had been attending to an electric problem at the health centre on Thursday evening...
Renting: Shortfall of properties creates frenzied market, surveyors say
... Andrew Oulsnam, a surveyor in Birmingham, said that demand for properties far exceeded Supply, with many landlords deciding to sell whenever a tenant left...
Nitrous oxide: What is it and how dangerous is it?
... Where can you buy it? Under the terms of the Psychoactive Substances Act, producing, selling or importing laughing gas for human consumption is illegal if you know it is going to be misused for its psychoactive effectsAt the moment, possession of nitrous oxide remains legal - unless it is with the intent to Supply - but the government has announced its intention to change the law as part of a crackdown on anti-social behaviour...
£100m boost for biggest UK hydro scheme in decades
... When Supply is tight and prices high, it would be released, using gravity to generate electricity by spinning four turbines way below on the banks of Loch Lochy, before flowing into the lower reservoir...
Crackdown on forced prepayment meters urged by government
... " I am deeply concerned to see reports of customers being switched to prepayment meters against their will, with some disconnected from Supply - and quite literally left in the dark" he added...
Why Michigan is trying to shut down Canada's Enbridge Line 5 pipeline
... It provides the majority of the Canadian provinces of Ontario and Quebec s crude oil and, fearing its closure, Ottawa - which has warned a shutdown would have a profound impact on both sides of the border, including on jobs and Supply chains - backed Enbridge s legal case...
Crackdown on forced prepayment meters urged by government
By Faarea MasudBusiness reporter
Energy suppliers should stop forcing vulnerable households on to prepayment meters, the government has said.
Business Secretary Grant Shapps ' warning comes after calls for a ban on The Practice from charities including Citizens Advice .
Increasing numbers of people are being left without heat or light when they are unable to afford meter top-ups.
He added that he would " name and shame" those suppliers " doing nowhere near enough" for vulnerable customers.
" This action is part of a drive to increase transparency around prepayment meter installations, " Mr Shapps wrote in a letter to energy suppliers.
Energy firms should first make greater efforts to help those struggling to pay their bills, such as offering credit or debt advice, Mr Shapps told them.
Citizens Advice has said forcibly switching people should be banned, adding it had seen a big rise in clients needing crisis support, like an emergency grant.
Head of energy policy, Gillian Cooper, welcomed The Announcement , saying: " Millions of people are being left in cold, dark and damp homes because they can't afford to top up their meter. No One should be forced To Live like this. "
She Said if suppliers did not co-operate, the government must step in with " stronger action". She also called for " further protections" for those already using prepayment meters.
British Gas has already announced that it will stop switching people onto prepayment meters via their smart meters when they struggle to pay their bills.
Audrey Ridson, 81, was switched to one Even though she could not walk to The Shop to top up her energy card.
Audrey from Hampshire was in hospital recovering from a fall when her energy firm switched her to a prepayment account - Even though her daughter-in-law warned her supplier that Audrey would struggle to get to the shops to make a payment to top up her meter.
But the government will stop short of an outright ban due to concerns over a subsequent increase in bailiff action.
Mr Shapps wrote: " Suppliers are clearly jumping The Gun and moving at-risk customers on to prepayment meters before offering them the support they are entitled to. "
He wanted suppliers to " lend a more sympathetic ear" to those struggling amidst rising costs of living.
" I Am deeply concerned to see reports of customers being switched to prepayment meters against their will, with some disconnected from Supply - and quite literally left in the dark" he added.
Source of news: bbc.com