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Gas Won’t Cut Prices
- The UK government approved the Jackdaw offshore gas field in the North Sea on 21 October 2026.
- Environmental groups and Labour MPs warned the approval undermines the UK’s climate commitments and could exacerbate the climate crisis.
- GMB and Unite trade unions welcomed the decision, saying it protects offshore jobs regionally.
- Analysts said the gas will not lower energy prices as UK gas follows global markets.
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