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Suppliers 'prioritized over energy bill payers'

A common ownership think tank in the United Kingdom has called for government intervention in the field of sharply increasing energy prices, saying that customers are being treated as less important than energy supply companies, and left to pick up the tab. ....

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Concern is mounting about zombie companies: why that matters for the economic recovery


This is a transcript of episode 10 of The Conversation Weekly podcast “The zombie company problem and what it means for our economies”. In this episode, why some economists are worried about a growing army of “zombie companies” with lots of debts – and what this could mean for the shape of our economies. And researchers have found a new way to prevent predators from eating endangered birds and their eggs – via a form of biological, psychological warfare.
NOTE: Transcripts may contain errors. Please check the corresponding audio before quoting in print.
Dan Merino: Hello and welcome to The Conversation Weekly.
Gemma Ware: This week, why some economists are worried about a growing army of companies with lots of debts – known as “zombie companies”. We speak to two experts on what this could mean for the shape of our economies. ....

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The zombie company problem and what it means for our economies – podcast


In this episode of The Conversation Weekly, why some economists are worried about a growing army of “zombie companies” with lots of debts – and what this could mean for the shape of our economies. And researchers have found a new way to prevent predators from eating endangered birds and their eggs – via a form of biological, psychological warfare.
With interest rates at record lows, many companies have been able to borrow money at very little cost. This cheap cash, which was flooding financial markets before the pandemic began, led some companies to rack up some big debts. Economists call these “zombie companies” – firms that may struggle to pay the interest on their large debts. It’s a problem that’s been exacerbated by the pandemic, as revenues dried up in many sectors of the economy. ....

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