Why I'm stockpiling candles

The government's energy strategy - or lack of it - pretty much guarantees power cuts in the not too distant future, says Merryn Somerset Webb.

There was a power cut in my neighbourhood on Tuesday night. At around 7pm the lights dimmed, then went out. We looked out of the window. Nothing. No street lights and, apart from a few candles in the homes of the well prepared, no light from any of the other houses.

For a few minutes it was mildly entertaining (for the children, at least). Then it got a bit irritating. I had work to do, but the computer was out of action. The children wouldn't go to bed ("it's too dark"). We couldn't cook anything for supper.

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Merryn Somerset Webb
Former editor in chief, MoneyWeek