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2026-09-19 12:08:15
[British Billionaire Says He's Lost Confidence in Britain and Warns of Low Gas Reserves; Government Responds] ⑴ According to a BBC report on the 18th, British billionaire Ratcliffe expressed a loss of confidence in Britain, saying the country is on a downward spiral. ⑵ Ratcliffe is the founder of chemical giant INEOS and co-owner of Manchester United. ⑶ In an interview, he stated that high taxes and large-scale immigration are the reasons for Britain's decline. ⑷ He also called the failure to further invest in North Sea oil and gas resources a mad move. ⑸ He warned that natural gas reserves are at extremely low levels, and Britain could run out of gas if a cold snap hits this winter. ⑹ In response to the criticism, the British government stated that it is working to promote economic growth, and business investment has increased over the past two years. ⑺ A government spokesperson stated that natural gas supply is not expected to be a problem, that Britain's energy structure is diversified, and that they are confident in supply security. ⑻ From a market sentiment perspective, the warning of low reserves may exacerbate expectations of volatile energy prices during the winter. ⑼ Going forward, attention should be paid to North Sea investment policies, the progress of inventory replenishment, and supply security in the event of a cold snap.
