Any other business: Britain’s chaotic energy policy puts us in Putin’s hands
To have written last month that the headline ‘Kiev in flames’ looked like a black swan on the economic horizon hardly makes me Nostradamus — but sure enough, the tension between Russia and Ukraine have caused stock markets to quiver and the price of UK gas for one-month delivery on the ICE Europe futures exchange in London to rise 10 per cent on Monday. But it was more impressively far-sighted that way back in the winter of 2005/6 we commissioned a Spectator cover showing wicked Vladimir Putin sitting astride a knotted gas pipeline: one sixth of all gas consumed in Europe arrives from Russia across the Ukraine, and another sixth
