Energy bills: no relief in sight
Centrica’s CEO has issued a stark warning to households but exploring for gas remains the elephant in the room.
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Centrica’s CEO has issued a stark warning to households but exploring for gas remains the elephant in the room.
Britain’s energy suppliers are expecting a government U-turn on plans to cut energy support, meaning households are likely to avoid a 20% bill hike in April.
This government – and the next – have big decisions to make on energy.
Businesses, however, aren’t cheering as much as consumers.
Daily Briefing: There will be no honeymoon period for Truss: it’s straight to work, and soaring energy bills will be her most immediate policy challenge.
We will need some creature comforts to make it through this winter.
Daily Briefing: Conversations on soaring energy bills have focussed heavily on households. But we must not overlook the pressure on businesses.
The ideal support package would protect at-risk households at the lowest cost and would try to minimise the boost to demand, and, therefore, inflation and interest rates.
The next PM must prioritise removing VAT from energy bills to save SMEs and continuing British support of Ukrainian troops against Russia.
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