Skip to main content

Rising UK energy bills are a political headache with no cure | Nils Pratley

Westminster struggles to cushion the blow as gas prices hit unprecedented highs

You can sense the sudden political alarm in Westminster. What, if anything, can be done to cushion the blow of higher energy bills that will hit consumers next April?

It seemed until recently that ministers’ plan A was to pray that wholesale gas prices in Europe would fall after their surge in the early autumn, thereby limiting the increase in average annual household domestic energy bills to £250 or so. There is not even a remote chance of such a gentle outcome now. Gas prices have been setting new highs this week, coupled with mentions of the word “unprecedented”. The current wholesale price of 400p-ish a therm compares to 60p-ish at the start of the year.

Continue reading...

from The Guardian https://ift.tt/3mr1NPR
Labels:

Comments

Post a Comment

Popular posts from this blog

How Rico Lewis helped harden up Manchester City’s treble challenge | Jamie Jackson

Guardiola believes advent of the teenage talent sowed seeds of change that turned his side into champions again Mid-January, the Etihad Campus. Before Tottenham’s visit a discontented Pep Guardiola is addressing a Manchester City team meeting that includes Erling Haaland, Kevin De Bruyne, John Stones and Ederson. The champions are in second place, eight points behind Arsenal, each having played 18 games. Performances have dipped and so has the attitude of his players. The final match before the World Cup was a 2-1 home defeat by Brentford . Since the tournament, City have beaten Leeds and Chelsea, drawn with Everton and lost their previous outing , 2-1 at Manchester United. Seven points from 15 is not championship-defending form and, when being knocked out of the Carabao Cup by Southampton is factored in, Guardiola can see City’s campaign derailing. Continue reading... from The Guardian https://ift.tt/h8WjbMX
Post a Comment
Read more

England's secondaries given funding to run summer schools

Critics say measures to help children catch up on learning lost due to Covid do not go far enough Coronavirus – latest updates See all our coronavirus coverage Secondary schools in England are to be funded to run summer schools for pupils worst affected by the pandemic, the government has announced, as part of its latest education recovery plans to help children catch up on lost learning. The new measures includes £200m to expand the government’s national tutoring programme, plus an additional £300m “recovery premium” which will go direct to schools to support the most disadvantaged children. Continue reading... from The Guardian https://ift.tt/3bCapwu
Post a Comment
Read more

Wandsworth escape accused says it was ‘foolish’ to jail him with his ‘skill set’

Daniel Khalife, 23, says he absconded because he was ‘terrified’ of being locked up with dangerous offenders A former British soldier has told a jury he did not hand himself in after he escaped from prison because he was “finally demonstrating what a foolish idea it was” to imprison someone with his “skill set”. Daniel Khalife, 23, told the court he absconded from Wandsworth prison while on remand because he was “terrified” of being locked up with “serious sex offenders” and “terrorists” who wanted to kill him, and that he did not think his imprisonment would be in the public interest. Continue reading... from The Guardian https://ift.tt/vRZHkaw
Post a Comment
Read more