Seven out of 10 pubs could close this winter unless they get urgent government support to combat soaring energy bills, Parklife and Warehouse Project founder Sacha Lord has said.
26.08.2022 - 07:55 / dailyrecord.co.uk
A big spike in power bills is due when regulators at Ofgem announce the revised energy price cap on Friday.
The average bill is to rise to £3,576 in October when the new cap comes in and this is likely to be followed by further massive increases in January and April that could leave consumers facing staggering £5,000 costs to heat households.
Everyone is agreed that action has to be taken to avoid destitution this winter.
So far the UK Government has offered some support but it will not go far enough to help people get by over the next few months.
Here are five alternative plans to what Boris Johnson's government has already put in place for this winter:
Keir Starmer grabbed attention and the news agenda last week by proposing a £29 billion fund to freeze energy bills for the next six months. The scheme was costed and would be paid for, partly, by raising the windfall tax on oil companies and getting rid of the tax breaks they receive.
The idea was dismissed as “a sticking plaster” by Liz Truss, the Tory leadership favourite. Independent economists gave the plan credit for being properly worked out but highlighted that after six months consumers would be left with the same headache of massive bills.
Nicola Sturgeon has joined calls for an immediate freeze on power bill prices. She convened a round table meeting earlier this week to have power companies, charities and consumer organisations all singing from the same song sheet.
The First Minister said the clear consensus at the summit was that energy customers simply cannot be expected to carry the burden of further price rises in October.
She described the situation as a “public emergency” and said the UK Government must commit to freeze the cap for all households and to
Seven out of 10 pubs could close this winter unless they get urgent government support to combat soaring energy bills, Parklife and Warehouse Project founder Sacha Lord has said.
Last week, Prime Minister Liz Truss announced that the typical UK household will pay no more than £2,500 a year for energy for the next two years from October as the UK Government responds to soaring gas and electricity prices.
A rousing rendition of ‘God Save the King’ rounded off the packed ‘Service of Prayer and Reflection for Queen Elizabeth’ at St Paul's Cathedral in London. Members of the public who had spent hours on Friday (09. 09.
Prime Minister Liz Truss has announced a new energy price guarantee which will hold average household bills to no more than £2,500 for the next two years running up to a general election.
Sky is giving £1,000 ($1,148) to 70% of its UK and Ireland staff over the winter to ease the pressure of the cost-of-living crisis, amounting to around £20M ($23M), Deadline understands.
pic.twitter.com/gjdJ3u6G33— Regressive Left (@regressleft) September 6, 2022“We have 10 tickets to give away at each gig which will be on a first come first served basis. Your name will be put on the guestlist on the door.
Citizens Advice Scotland (CAS) has launched a new campaign urging people to get advice if they are worried about money or energy bills ahead of the cost of living crisis putting an extra squeeze on household budgets this autumn.
The cost-of-living crisis is becoming a very real worry for so many as the winter slowly creeps in. One of the biggest worries for many is the massive hike in energy bills with the price cap set to increase in October. It's expected that it'll continue rising next year, with the average household's bills potentially reaching £5,000 a year.
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Married couples and those in civil partnerships are being urged to say ‘I do’ to the Marriage Allowance. At the height of the summer wedding season, HM Revenue and Customs (HMRC) is reminding couples about the allowance, which allows married couples or people in civil partnerships to share their personal tax allowances.
The UK has the financial strength to get through the cost-of-living crisis, Boris Johnson has said. The outgoing Prime Minister said investments were making the UK “fit for the future” and the country would get through the current “pressures” on living standards.
Nearly half of Tory voters want to renationalise energy firms to help the UK cope with the cost of living crisis, a new poll has found.
Prince William and Kate Middleton are facing backlash as the pair move their family over to Windsor in the coming weeks.The Cambridges are moving from Kensington Palace to Adelaide Cottage with their three children, Prince George, nine, Princess Charlotte, seven, and Prince Louis, four — with the family aiming to get settled in at their new home before the next school year begins. Adelaide Cottage sits in Windsor's Home Park, a private 655 acre royal park which is managed by the Crown Estate, with William and Kate being given permission to live in the 19th century, four-bed cottage by Queen Elizabeth II.
Energy experts have said it is “difficult to see how many will cope" this winter as a final prediction suggests the price cap will increase by 80 per cent to an eye-watering £3,554 from October. It is the final forecast from the industry analysts before regulator Ofgem announces the new price cap on Friday, which will come into effect on October 1 and last until the end of the year.
The price of a pint of milk has broken the £1 threshold as shoppers feel the squeeze during the cost of living crisis.