Money & Business
First, they came for the Marmite... but what next as the pound falls?
...energy bills, for example. In the absence of a variation clause, or similar contractual mechanism, energy companies would face big losses if supply costs wildly fluctuated. Perhaps the most relevant historical precedent is the oil crisis of the 1970s. The severe disruption caused by rapid increases in oil prices led to high inflation and turmoil in the currency markets....