Critics and supporters of the energy support package can agree on one thing: in terms of cost and reach, this is a shock and awe policy move.
Price controls on energy will limit current inflation and business failures, but at the expense of much more of both tomorrow.
The package to tackle spiralling energy costs is the single biggest fiscal intervention ever made by a peacetime government in Britain.
The package is pretty solid, but ruling out further windfall taxes to help cover the cost of the scheme has left future taxpayers with an almighty bill, argues the Resolution Foundation’s chief economist.
Well, that didn’t take long. Liz Truss has wasted no time in making another U-turn on energy policy and reversed the previous Conservative ban on fracking as part of her long term planning for energy security.
Five reasons why a change of Government and policy in Britain may bring us relief.
Why is the price of gas setting the price of all other sources of energy, despite providing roughly less than half of electricity in Britain? It’s a puzzle and here are some of the reasons.
Daily Briefing: Conversations on soaring energy bills have focussed heavily on households. But we must not overlook the pressure on businesses.
Whether it be investment in our own natural gas fields or co-operation with international partners, there are ways to remediate the problem.
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