Rishi Sunak tells Britons to brace for even higher energy costs in autumn

Price cap in England, Scotland and Wales likely to rise again, as Bank of England expects inflation to hit 7%

Rishi Sunak has warned households suffering from Britain’s worsening cost of living crisis to brace themselves for further increases in energy costs later this year, as critics said his £9bn emergency package was insufficient to prevent millions more struggling with fuel poverty.

Prompted into action by the prospect of the average household paying an extra £700 a year for gas and electricity, the chancellor said he accepted it was a “very difficult time” but that a combination of temporary, repayable discounts and council tax rebates would help soften the blow.

Continue reading…

Next Post

Sending threatening posts among offences in revised online safety bill

Sat Feb 5 , 2022
Proposed laws require tech firms to prevent publication of harmful content or face substantial fines Joining digital pile-ons, sending threatening social media posts and deliberately posting hoax bomb threats are among the new criminal offences that could result in jail sentences under proposed online safety laws. Tech firms will also […]

You May Like