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The Guardian Politics/2h ago

Healey urged to offer energy support in budget as bills rise 4%

Healey urged to offer energy support in budget as bills rise 4%. Millions of people in Great Britain face increase from Thursday to an average of £1,723 a year for a typical home John Healey is under growing pressure to offer fresh energy support for households in next month’s budget as millions face a 4% rise in charges from Thursday to an average of £1,723 a year for a typical home. In his speech at Labour’s conference in Liverpool this week , the chancellor warned that the government had limited resources to cushion the worldwide economic shocks hitting Britain, while.

The Guardian Politics/14h ago

Government must stop dithering over energy bill support for the vulnerable | Nils Pratley

Government must stop dithering over energy bill support for the vulnerable | Nils Pratley. Ministers should introduce a properly targeted social tariff rather than tinker with the warm homes discount Energy bills forecast to jump by £276 a year from January What to do as prices head for £2,000 a year After the hopeful good vibes in Liverpool, here comes a reminder of what is coming this winter: a mighty new year shock in energy bills, hitting the poorest hardest, that the government looks unprepared for. From the quarterly price cap level of £1,723 that will apply from Thursday for.

The Guardian Politics/17h ago

UK income growth revised upwards as markets hail ‘resilient’ economy

UK income growth revised upwards as markets hail ‘resilient’ economy. Boost for John Healey before budget as GDP figure shows UK economy grew faster than first estimated in second quarter UK household income grew at a stronger pace than previously estimated during the first six months of the year, according to revisions of official data. The rise in income per head to 1.1% between January and June followed an increase in the level of economic growth that illustrated the resilience of the UK economy since the outbreak of hostilities in the Middle East more than seven months ago. Continue reading...