22 October 2026

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Cost of Living Crisis explained in 90 seconds

Cost of Living crisis in 90 seconds

Politics.co.uk takes a look at the main pressures driving the cost of living crisis in this animated explainer video. With inflation expected to reach 11%, here are the five main areas in which people are feeling the pinch. Produced by Senate Media

UK business’s energy bills to be capped

Rees-Mogg

Business secretary Jacob Rees-Mogg has unveiled plans to help businesses face the cost of living crisis. Wholesale energy costs for businesses will be cut by up to half of their expected price through the winter months, the government has announced. The Energy Bill Relief Scheme will mean those on fixed-term contracts, agreed on or after […]

From the Commons – Truss announces energy price cap

Prime minister Liz Truss has announced that energy bills will be capped at £2,500 per household for the next two winters. She has also announced measures to help businesses in a similar way for the next 6 months. As expected, Truss rejected the windfall tax that those on opposite benches are calling for.

Starmer tells PM to ‘stand up to your chancellor’

n a Prime Minister’s Questions which saw Boris Johnson announce plans to end coronavirus restrictions, the topics of debate were fraud and rising energy prices. Starmer criticised the government’s handling of the lockdown crimes of “online fraud and throwing parties”, both of which “have gone through the roof” and the cabinet have “turned a blind eye”.  The leader […]

Lack of minister presence at food debate ‘scandalous’

Labour MP, Jim McMahon, started the opposition day debate with a speech on food insecurity in the UK. McMahon referred to the “rocketing household bills and the cost of food”, suggesting that a “tax levy on oil and gas companies” would “cushion rocketing energy bills”. The MP for Oldham West and Royston also labelled the […]

Government resists growing calls for energy windfall tax

Downing Street says the government’s position on a windfall tax for energy companies remains unchanged, despite a huge surge in profits for energy giants BP and Shell in recent days. In this morning’s Downing Street lobby briefing, the prime minister’s spokesperson said he “wasn’t aware in a change of position” on a windfall tax, despite […]

Minister ‘very proud’ of cost of living response

Minister claims to 'absolutely recognise' cost of living issues ahead of dramatic energy price jump

A minister has stressed that he is “very, very proud” of the government’s measures to tackle cost of living issues. Foreign minister James Cleverly said the cabinet “absolutely recognise” the issues associated with the fifty per cent energy price cap jump set to be rolled out from April. This morning Ofgem is scheduled to confirm […]

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