The UK will announce new sanctions against Russia on Tuesday “in response to their breach of international law and attack on Ukraine’s sovereignty and territorial integrity”, Foreign Secretary Liz Truss has said.
03.02.2022 - 14:27 / manchestereveningnews.co.uk
Chancellor Rishi Sunak will be hosting a press conference today to make a major announcement in regard to soaring energy bills.
It comes as Ofgem will also announce how much energy bills will rise across the country in April while the Bank of England will like to increase interest rates so people must pay more on their mortgage and other loans.
Mr Sunak will announce the government's measures to tackle the sky-rocketing energy bills in a House of Commons statement in the morning at around 11.30am with a press conference to follow late afternoon.
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Ofgem is expected to announce a rise in the energy price cap by 50 per cent to follow the increase in wholesale gas prices - potentially upping the average bill to £1,915.
Prime Minister Boris Johnson is also facing mounting pressure to ease the cost-of-living crisis but this is unlikely to prevent most people from being affected by the soar in energy bills.
Following the announcement of tackling measures in the House of Commons at 11.30am, a press conference will be held later in the afternoon.
The press conference is expected to be held at 5pm today and will likely see Mr Sunak announcing rebates for household in council tax bands A to C.
These rebates will be funded by government grants, according to The Times.
Asked about the new support package, a government spokeswoman said: “We recognise people are facing pressures with the cost of living, which is why we are providing support worth around £12 billion this financial year and next.
“We will provide an update in due course on further help for households across the UK to meet their energy costs in the face of rising global gas prices.”
The UK will announce new sanctions against Russia on Tuesday “in response to their breach of international law and attack on Ukraine’s sovereignty and territorial integrity”, Foreign Secretary Liz Truss has said.
The gathering of Russian troops at the border with Ukraine in recent weeks has given rise to fears that an invasion could be imminent.
Boris Johnson has been branded “a walking advert for independence” ahead of a visit Scotland on Monday.
Lisa Nandy has slammed the government's levelling up strategy, likening it to a feudal system in which the north has to go 'cap in hand to a group of masters' in Westminster 'who determine what happens in our own lives and our community'.
A leading anti-poverty charity has blasted the SNP/Green Government plan to tackle the cost of living crisis.
Prince Charles referred to his wife Camilla Parker-Bowles as "my Mehbooba" during a speech at a British Asian Trust event on Wednesday night. The Prince of Wales used the phrase, which means "my beloved" in Urdu, while addressing some of the nation's most prominent politicians just days after it was announced that Camilla would become Queen Consort when Charles is crowned King.
Prince Charles has Covid-19 for the second time in two years and after a positive test.
Good Morning Britain viewers were left irrated as they picked up on Richard Madeley's name habit.
Scotland’s Energy Secretary has warned of a “real risk” people could die in the months ahead with the country facing its highest hike in fuel bills yet.
Households face paying hundreds more for their energy bills from April as prices continue to soar.
Martin Lewis has been praised by viewers for challenging Chancellor Rishi Sunak about support measures the UK Government has announced to help millions of households across the country cope with the “sickening” rise in energy prices coming in April.
All adults in Britain with a National Insurance number have been issued a warning.
Residents face massive energy bill hikes of around £700 in a “devastating blow” for families across Dumbarton and the Vale.
The £693 rise in energy bills this April will be a “hammer blow” for Scottish households, consumer campaigners and politicians have warned.
Nicola Sturgeon has said the Scottish Government will pass on "every single penny" of extra cash it receives from Westminster to ease the cost of living crisis.
Following the announcement by Chancellor Rishi Sunak that households in a certain council tax band will receive a rebate on utility bills, you may be wondering if you qualify.
More than £200 million of funding is expected to come to the Scottish Government from the UK Treasury to offset the huge rise in energy bills.