UK firms fear CO₂ shortages; agricultural inflation soars; US jobless claims drop – as it happened

Pubs and farms concerned about supplies as CF Fertilisers UK prepares to pause ammonia and carbon dioxide production due to high natural gas prices

Britain's next prime minister must adopt radical ideas - such as discounted power tariffs, energy bill freezes or a solidarity" tax hike for higher earners - to protect households from the energy price shock, the Resolution Foundation thinktank warns.

In a new report this morning, Resolution lays out how tens of billions of pounds in new government support must be targeted at households least able to cope with surging energy costs.