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Articles tagged with: energy price cap
Chancellor Must Act On Energy Bills, Energy Select Committee Chair Says
Energy
Chancellor Must Act On Energy Bills, Energy Select Committee Chair Says
The chair of the energy security and net zero select committee Angus MacNeil has criticised the absence of energy bill support measures in Chancellor's Autumn Statement and has called on Jeremy Hunt to act.
What Energy Price Cap Update Will Mean For Bills
Energy
What Energy Price Cap Update Will Mean For Bills
Ofgem's energy price cap is expected to fall below the government's Energy Price Guarantee (EPG) in July for the first time since the government introduced it last September – but experts have warned of a new normal of high energy bills.
Top Stories: Major Childcare Overhaul, Energy Price Guarantee Extended, Doctors On Strike
Economy
Top Stories: Major Childcare Overhaul, Energy Price Guarantee Extended, Doctors On Strike
Major childcare support is set to be announced by the government today as Jeremy Hunt attempts to tackle the UK’s poor economic growth and economic inactivity in his Budget.
Top Stories: Tory Fury Over Sue Gray Labour Job, Energy Price Cap Freeze, Lawyers Interview Dominic Raab
Home affairs
Top Stories: Tory Fury Over Sue Gray Labour Job, Energy Price Cap Freeze, Lawyers Interview Dominic Raab
Anger is growing in the Conservative party over Sue Gray's appointment as Labour leader Keir Starmer's chief of staff – with some now claiming her Partygate report was a "left wing stitch up".
Jeremy Hunt Says UK Faces Financial Challenges Of 'Eye Watering Difficulty' After Tearing Up Budget
Economy
Jeremy Hunt Says UK Faces Financial Challenges Of "Eye Watering Difficulty" After Tearing Up Budget
Chancellor Jeremy Hunt has confirmed a major overhaul of Liz Truss and Kwasi Kwarteng's "mini-Budget" to the House of Commons, including an indefinite freeze to income tax and a review of the energy support package after six months.
Pubs And Restaurants Want More Than Six Months Energy Support To Avoid Closures
Energy
Pubs And Restaurants Want More Than Six Months Energy Support To Avoid Closures
Leading figures in the UK’s hospitality industry say the government’s energy bills package for businesses won’t last long enough to save thousands of pubs from going to the wall this winter.
Economists Warn Reduced Inflation Masks 'Worrying' Food Price Rises
Economy
Economists Warn Reduced Inflation Masks "Worrying" Food Price Rises
Leading economic experts have warned that a slight fall in overall inflation does not provide relief for the cost of living crisis as reduced fuel costs mask the fact prices for households goods are still rising.
Energy Price Guarantee: How Will Liz Truss’s Plan To Freeze Energy Bills At £2,500 Work?
Energy
Energy Price Guarantee: How Will Liz Truss’s Plan To Freeze Energy Bills At £2,500 Work?
New Prime Minister Liz Truss has announced a bold new package of support to try and blunt the impact of soaring energy prices and keep average bills below £2,500 for the next two years.
Partner content
Energy
By The Institution of Engineering and Technology (IET)
IET respond to the Prime Minister's energy announcement
In response to the Prime Minister’s energy announcement today, Charmaine Coutinho, member of the IET’s Energy Panel said:
Liz Truss Promises Households Won’t Pay Over £2,500 For Energy Under New Plans
Energy
Liz Truss Promises Households Won’t Pay Over £2,500 For Energy Under New Plans
Liz Truss has pledged that bills for the typical household will not exceed £2,500 as part of her plans to tackle rising energy bills and soaring inflation.
Liz Truss must scrap the energy price cap rise and call a general election
Economy
By Wera Hobhouse MP
Liz Truss must scrap the energy price cap rise and call a general election
The new Prime Minister's in-tray is stacking up. Households are facing a catastrophic increase in energy prices this autumn and so far we have heard very little about what Liz Truss is planning, apart from a commitment to protect the profits of oil and gas giants at the expense of the British public.
Liz Truss’ Plan To Freeze Energy Bills Won’t Solve Long-Term Crisis, Experts Say
Energy
Liz Truss’ Plan To Freeze Energy Bills Won’t Solve Long-Term Crisis, Experts Say
Energy experts have criticised Liz Truss’ proposals to control energy prices and avert a household bills crisis this winter, claiming they fail to tackle the underlying causes of spiralling costs.
Without any further action, UK households and businesses will face catastrophe this Winter Partner content
Energy
By EDF
Without any further action, UK households and businesses will face catastrophe this Winter
Ahead of the incoming rise to the price cap, EDF Customers Managing Director, Philippe Commaret, outlines three steps the next Prime Minister's Government can take to help people with the energy crisis.
Government must act to stop 'fantasy' energy price demands
Economy
By Peter Matejic
Government must act to stop 'fantasy' energy price demands
For people living in poverty, gas and electricity have been difficult to afford for years. Many families are forced to cut back on energy even in normal times. These are not normal times, and energy consumption has gone from being expensive to being, for large parts of the population, a sheer fantasy.
Liz Truss Faces A Tough Political Trade-Off Between Tax Cuts And Paying For Energy Crisis
Political parties
Liz Truss Faces A Tough Political Trade-Off Between Tax Cuts And Paying For Energy Crisis
With domestic energy bills set to hit £3,549 within weeks, Liz Truss, who is widely expected to become prime minister on 5 September, will face tough choices over whether her flagship campaign pledge to cut taxes will match the political reality of governing in a cost of living crisis.
The October energy price rise must be cancelled to spare households
Energy
By Wera Hobhouse MP
The October energy price rise must be cancelled to spare households
There is no other option but to cancel the October price rise. Households are facing a catastrophic increase in energy prices this October. With Bills expected to rise by a staggering 80 per cent, there is no other option but for the government to cancel the latest price cap increase.
Energy is a human right – we must end our reliance on gas to tackle this crisis
Environment
By Chris Skidmore MP
Energy is a human right – we must end our reliance on gas to tackle this crisis
The past few months have seen mounting pressures build up in our food, water and energy supplies, the very foundations of our human needs and our society.
The government must freeze energy bills to avoid catastrophe
Economy
By Esther McVey MP
The government must freeze energy bills to avoid catastrophe
I fear that many politicians still don’t understand the enormity of the energy bill catastrophe we are rapidly hurtling towards.
Pubs Facing Closure Say The “Horse Has Already Bolted” On Energy Cost Damage To Industry
Social affairs
Pubs Facing Closure Say The “Horse Has Already Bolted” On Energy Cost Damage To Industry
Figures in the hospitality industry believe the government has left it too late to help bring pubs and restaurants facing closure over energy costs back from the brink this winter.
Boosting benefits is the right way to tackle the cost of living crisis
Economy
By Stephen Crabb MP
Boosting benefits is the right way to tackle the cost of living crisis
Help is coming. That is the clear message from both Conservative leadership camps as families across the country brace themselves for unprecedented increases in energy prices.
Labour Wants Parliament Recalled Two Weeks Early To Debate Energy Bill Freeze
Economy
Labour Wants Parliament Recalled Two Weeks Early To Debate Energy Bill Freeze
Labour has called on the government to bring MPs back two weeks early from summer recess so that they can debate the party’s plan to freeze energy bills before the next price cap is announced.
Pubs Could Close This Winter Over A “Potent Cocktail” Of Cost Of Living Problems
Economy
Pubs Could Close This Winter Over A “Potent Cocktail” Of Cost Of Living Problems
Pub owners have warned they may have to close this winter unless the domestic energy price cap is extended to commercial contracts, as the hospitality industry faces the dual threat of rising costs and lower consumer spending.
Tory Urges Liz Truss And Rishi Sunak To Listen To Labour's 'Direct' Energy Bill Proposals
Energy
Tory Urges Liz Truss And Rishi Sunak To Listen To Labour's "Direct" Energy Bill Proposals
A former Tory minister has urged the government to pay attention to Labour's proposed plan to freeze the energy price cap for six months instead of “doling out money to help people with higher bills”.
Tax cuts alone won’t stop civil protest over rising energy bills
Economy
By Lord Howell
Tax cuts alone won’t stop civil protest over rising energy bills
The battle between the two rivals for prime minister provides ideal material for the kind of punch-up and division the media love to depict. The awkward reality – that truth lies somewhere in between the two – is conveniently pushed aside.