Parliamentary Clip – MPs respond to Kwarteng’s Mini Budget
Chancellor Kwasi Kwarteng has unveiled the biggest package of tax cuts in 50 years. He said that this would be a “new era” for the UK economy. Income tax and the stamp duty on home purchases will be cut and planned rises in business taxes have been scrapped. Kwarteng scrapped Boris Johnson’s previous plans to […]
Government puts forward its plan to tackle the energy crisis
New prime minister Liz Truss has this morning unveiled the government’s plans to tackle the energy price crisis that is afflicting the United Kingdom. Truss laid out her proposals as she opened a debate on UK Energy Costs in the House of Commons. At the centre of the government’s package is an ‘energy price guarantee’. […]
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.
Truss confirms she will make her energy announcement tomorrow
On her first full day as prime minister, Liz Truss has confirmed that her new government will announce its package of measures to tackle the mounting cost of energy tomorrow. The package of measures will be announced at the start of a Commons debate on energy policy, with Truss herself leading for the government. The […]
Fracking back on the table as UK energy security fears grow
Fracking could return to the UK, after Downing Street admitted the ongoing situation in Ukraine meant the government would “look at all options” to improve British energy security.
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 […]
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 […]
Reeves: Chancellor ‘gambling’ with new energy scheme
Chancellor Rishi Sunak has laid out plans to spread the costs of rising energy prices for “80% of homes in England”. Sunak told the House of Commons today that it would be “dishonest” to pretend we do not have to adjust the energy price cap, which will rise to £1,971 from April.. The Chancellor faced […]
Minister ‘very proud’ of cost of living response
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 […]
As energy costs soar, we cannot balance environmentalism on the backs of the poor
The 2019 General Election realigned politics as working class voters in places like my constituency, Blackpool South, backed Boris and the Tories in record numbers. Whilst this was mainly attributed to Brexit and a dislike of the woke and metropolitan values which the Labour Party had come to symbolize, lifelong Labour voters who switched to […]
