Millions of households plunged into fuel poverty today April 1, 2022 Millions of households will be plunged into fuel poverty today caused by the uplift to the cap on energy bills sending the average household annual energy bill close to £2,000, reveals fresh research published today. Some 2.5m households in England have fallen into fuel poverty due to the energy watchdog, Ofgem, raising the price cap [...]
Nadhim Zahawi tells Brits to cut down their energy use to ease soaring bills August 26, 2022 Brits should consider cutting back their energy consumption, suggested Chancellor Nadhim Zahawi following the latest price cap hike.
EDF adds to calls for deficit fund to prevent millions falling into fuel poverty August 25, 2022 EDF has called for a historic Government intervention to avoid tens of millions of Brits plunging into fuel poverty this winter.
Tory leadership race: Johnson refuses to ‘damage anybody’s chances’ by making endorsement July 11, 2022 Boris Johnson has said he does not want to “damage anybody’s chances” of winning the Tory leadership race by making an endorsement. The Prime Minister said he wanted to “let the party decide, let them get on with it”, after a flood of Tory MPs over the weekend announced their campaigns to become the next [...]
UK should follow in Chile’s footsteps with sustainability-linked bonds, says top think tank May 2, 2022 The UK should follow in Chile’s footsteps in issuing so-called ‘sustainability-linked’ bonds, which pay out more to investors should the government fail to meet its net zero targets, according to one of the country’s top think tanks. In a paper published today, the Social Market Foundation (SMF) has urged chancellor Rishi Sunak to haul in [...]
Energy bills rise to record highs despite Government support October 1, 2022 Household energy bills have climbed to all-time highs for millions of Brits today, despite a Government cap on costs per unit.
Raising taxes on working people is ‘bananas’, economists warn March 30, 2022 Raising taxes on working people while shielding other forms of income from levies is “bananas,” according to a top wonk’s analysis of chancellor Rishi Sunak’s spring statement. Hiking employers and employees national insurance contributions 1.25 percentage points in April instead of using income tax to raise revenue is the “opposite of what everybody thinks we [...]
ULEZ expansion a ‘money-raising exercise’, says Transport Secretary August 29, 2023 The expansion of the ultra-low emission zone (ULEZ) to all London boroughs is not about air pollution but a “money-raising exercise”, the Transport Secretary has said.
Red hot inflation to burn £20bn hole in UK public coffers January 12, 2022 Red hot inflation sweeping throughout the UK is set to burn a £20bn hole in the country’s public finances, one of the City’s leading economists warned today. Britain’s intensifying cost of living crisis will erode Chancellor Rishi Sunak’s room for tax giveaways in the run up to the next election. A swelling interest bill triggered [...]
Why are the Conservatives still so unimaginative on immigration figures? May 25, 2023 The current immigration system has meant less foreign workers filling up low paid roles, and no special treatment for people from the EU. But it hasn't given us any sense of authority, writes Will Cooling